IDACORP, Inc. (IDA)

NYSE: IDA · Real-Time Price · USD
108.78
-0.22 (-0.20%)
At close: Dec 20, 2024, 4:00 PM
106.55
-2.23 (-2.05%)
After-hours: Dec 20, 2024, 4:35 PM EST
-0.20%
Market Cap 5.79B
Revenue (ttm) 1.84B
Net Income (ttm) 282.56M
Shares Out 53.27M
EPS (ttm) 5.45
PE Ratio 19.96
Forward PE 18.91
Dividend $3.44 (3.16%)
Ex-Dividend Date Nov 5, 2024
Volume 286,063
Open 108.48
Previous Close 109.00
Day's Range 108.38 - 109.54
52-Week Range 86.43 - 120.42
Beta 0.63
Analysts Buy
Price Target 111.00 (+2.04%)
Earnings Date Feb 13, 2025

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]

Sector Utilities
Founded 1915
Employees 2,100
Stock Exchange NYSE
Ticker Symbol IDA
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for IDA stock is "Buy." The 12-month stock price forecast is $111.0, which is an increase of 2.04% from the latest price.

Price Target
$111.0
(2.04% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

Other symbols: PAMPCYOXEL
5 weeks ago - Benzinga

IDACORP, Inc (IDA) Q3 2024 Earnings Call Transcript

IDACORP, Inc (IDA) Q3 2024 Earnings Call Transcript

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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 ...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

3 months ago - Business Wire

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 ...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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 $...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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.

7 months ago - Business Wire

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...

8 months ago - Seeking Alpha

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

10 months ago - Seeking Alpha

IDACORP, Inc. (IDA) Q4 2023 Earnings Call Transcript

IDACORP, Inc. (IDA) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

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 $...

11 months ago - Business Wire

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...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire