IDACORP, Inc. (IDA)
Market Cap | 6.28B |
Revenue (ttm) | 1.84B |
Net Income (ttm) | 282.56M |
Shares Out | 53.27M |
EPS (ttm) | 5.45 |
PE Ratio | 21.64 |
Forward PE | 20.59 |
Dividend | $3.44 (2.92%) |
Ex-Dividend Date | Nov 5, 2024 |
Volume | 260,917 |
Open | 117.50 |
Previous Close | 117.77 |
Day's Range | 117.36 - 118.23 |
52-Week Range | 86.43 - 119.65 |
Beta | 0.60 |
Analysts | Buy |
Price Target | 108.83 (-7.74%) |
Earnings Date | Oct 31, 2024 |
About IDA
IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2023, it had approximately 4,762 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located ... [Read more]
Financial Performance
In 2023, IDACORP's revenue was $1.77 billion, an increase of 7.44% compared to the previous year's $1.64 billion. Earnings were $261.20 million, an increase of 0.85%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for IDA stock is "Buy." The 12-month stock price forecast is $108.83, which is a decrease of -7.74% from the latest price.
News
Top 4 Utilities Stocks That May Keep You Up At Night This Quarter
As of Nov. 15, 2024, four stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
IDACORP, Inc (IDA) Q3 2024 Earnings Call Transcript
IDACORP, Inc (IDA) Q3 2024 Earnings Call Transcript
16 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are six...
IDACORP, Inc. Announces Third Quarter 2024 Results, Increases Lower-End of Earnings Guidance Range
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported third quarter 2024 net income attributable to IDACORP of $113.6 million, or $2.12 per diluted share, compared with $105.3 million, or ...
IDACORP, Inc. Declares Dividend
BOISE, Idaho--(BUSINESS WIRE)--Directors of IDACORP, Inc. (NYSE:IDA) today declared a common stock dividend of $0.86 per share, payable December 2, 2024 to holders of record at the close of business o...
IDACORP Schedules Third Quarter 2024 Earnings Release & Conference Call
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its third quarter results on Thursday, October 31, in a news release before the stock markets open. The company will hold an analyst...
IDACORP Increases Common Stock Dividend
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) announced today that its Board of Directors approved an increase in the regular quarterly cash dividend on IDACORP's common stock to $0.86 per ...
Idacorp: There's Still Time To Buy This Dividend Grower Now
Idacorp has hiked its payout to shareholders for 12 consecutive years. The electric utility's operating revenue and diluted EPS climbed higher in the second quarter. Idacorp's interest coverage ratio ...
IDACORP, Inc (IDA) Q2 2024 Earnings Call Transcript
IDACORP, Inc (NYSE:IDA) Q2 2024 Results Conference Call August 1, 2024 4:30 PM ET Company Participants Amy Shaw - Vice President of Finance, Compliance & Risk Lisa Grow - President and Chief Executiv...
IDACORP, Inc. Announces Second Quarter 2024 Results, Increases Lower-End 2024 Earnings Guidance
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported second quarter 2024 net income attributable to IDACORP of $89.5 million, or $1.71 per diluted share, compared with $68.6 million, or $...
IDACORP Schedules Second Quarter 2024 Earnings Release & Conference Call
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its second quarter results on Thursday, August 1, in a news release before the stock markets open. The company will hold an analyst ...
Idacorp: This Underappreciated Dividend Growth Stock Remains A Buy
IDACORP's total returns have more than doubled the S&P 500 in the last three months. Lower usage per customer due to weather and higher interest expense caused the electric utility to miss analysts' e...
Pleasant Valley Solar Project Partners Commit $123,000 in Scholarship Funds to Boise State University and College of Western Idaho
SALT LAKE CITY--(BUSINESS WIRE)--Today, Pleasant Valley Solar Project Partner, announced $123,000 in scholarship funds to Boise State University and College of Western Idaho.
IDACORP, Inc. (IDA) Q1 2024 Earnings Call Transcript
IDACORP, Inc. (NYSE:IDA) Q1 2024 Earnings Call Transcript May 2, 2024 4:30 PM ET Company Participants Amy Shaw - VP of Finance, Compliance & Risk Lisa Grow - President and CEO Brian Buckham - SVP, CF...
IDACORP, Inc. Announces First Quarter 2024 Results, Reaffirms 2024 Earnings Guidance
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported first quarter 2024 net income attributable to IDACORP of $48.2 million, or $0.95 per diluted share, compared with $56.1 million, or $1...
IDACORP Schedules First Quarter 2024 Earnings Release & Conference Call
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its first quarter results on Thursday, May 2, in a news release before the stock markets open. The company will hold an analyst conf...
East Bank Master Developer Agreement with The Fallon Company Approved
NASHVILLE, Tenn.--(BUSINESS WIRE)--Last night, the Metro Council unanimously approved the Master Developer Agreement between Metro Nashville Government and The Fallon Company to develop 30 acres of Me...
Idacorp: An Underfollowed Utility Worth Buying Now
As is the case with every business, demographics are very important. IDACORP operates in a service area with a steadily growing economy. The electric utility's debt is rated BBB by S&P on a stable out...
IDACORP, Inc. (IDA) Q4 2023 Earnings Call Transcript
IDACORP, Inc. (IDA) Q4 2023 Earnings Call Transcript
IDACORP, Inc. Announces Fourth Quarter and Year-End 2023 Results, Initiates 2024 Earnings Guidance
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported fourth quarter 2023 net income attributable to IDACORP of $31.3 million, or $0.61 per diluted share, compared with $42.1 million, or $...
IDACORP Schedules Fourth Quarter 2023 Earnings Release & Conference Call
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its fourth quarter results on Thursday, February 15, in a news release before the stock markets open. The company will hold an analy...
IDACORP and Idaho Power Announce New Vice President
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA): IDACORP, Inc. and Idaho Power announced today that Amy Shaw has been named Vice President of Finance, Compliance, and Risk, effective January 1...
IDACORP, Inc. Prices Public Offering of 2,801,724 Shares of Common Stock
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) announced today that it has priced an underwritten public offering of 2,801,724 shares of its common stock at a public offering price of $92.80...
IDACORP, Inc. Announces Public Offering of $260 Million of Shares of Common Stock
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) announced today that it has commenced an underwritten public offering of $260 million of shares of its common stock. Subject to certain conditi...
IDACORP, Inc. Announces Third Quarter 2023 Results, Increases Bottom-End 2023 Earnings Guidance
BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported third quarter 2023 net income attributable to IDACORP of $105.3 million, or $2.07 per diluted share, compared with $106.4 million, or ...