IDACORP, Inc. (IDA)

NYSE: IDA · IEX Real-Time Price · USD
103.24
-2.59 (-2.45%)
Sep 27, 2022 4:00 PM EDT - Market closed
-2.45%
Market Cap 5.22B
Revenue (ttm) 1.48B
Net Income (ttm) 241.24M
Shares Out 50.56M
EPS (ttm) 4.76
PE Ratio 21.69
Forward PE 21.14
Dividend $3.00 (2.91%)
Ex-Dividend Date Aug 2, 2022
Volume 202,900
Open 106.17
Previous Close 105.83
Day's Range 103.23 - 106.68
52-Week Range 95.26 - 118.92
Beta 0.56
Analysts Buy
Price Target 120.97 (+17.2%)
Earnings Date Oct 26, 2022

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, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located ... [Read more...]

Industry Electric Utilities
Founded 1915
CEO Lisa Grow
Employees 1,992
Stock Exchange NYSE
Ticker Symbol IDA
Full Company Profile

Financial Performance

In 2021, IDACORP's revenue was $1.46 billion, an increase of 7.95% compared to the previous year's $1.35 billion. Earnings were $245.55 million, an increase of 3.43%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for IDA stock is "Buy." The 12-month stock price forecast is 120.97, which is an increase of 17.17% from the latest price.

Price Target
$120.97
(17.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

IDACORP Increases Common Stock Dividend 5.3%

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) announced today that its Board of Directors approved a 5.3% increase in the regular quarterly cash dividend on IDACORP's common stock to $0.79 pe...

1 week ago - Business Wire

IDACORP (IDA) Misses on Q2 Earnings, Tweaks 2022 EPS View

IDACORP's (IDA) second-quarter earnings are lower than expected. The company continues to register customer growth, which boosts its operating income.

1 month ago - Zacks Investment Research

IDACORP, Inc. Announces Second Quarter 2022 Results, Increases Bottom-End of 2022 Earnings Guidance

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported second quarter 2022 net income attributable to IDACORP of $64.3 million, or $1.27 per diluted share, compared with $70.0 million, or $1....

1 month ago - Business Wire

POR vs. IDA: Which Stock Should Value Investors Buy Now?

POR vs. IDA: Which Stock Is the Better Value Option?

Other symbols: POR
2 months ago - Zacks Investment Research

IDACORP, Inc. Declares Dividend

BOISE, Idaho--(BUSINESS WIRE)--Directors of IDACORP, Inc. (NYSE:IDA) today declared a common stock dividend of $0.75 per share, payable August 31, 2022 to holders of record at the close of business on A...

2 months ago - Business Wire

IDACORP Schedules Second Quarter 2022 Earnings Release & Conference Call

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its second quarter results on Thursday, August 4, in a news release before the stock markets open. The company will hold an analyst co...

2 months ago - Business Wire

HE vs. IDA: Which Stock Should Value Investors Buy Now?

HE vs. IDA: Which Stock Is the Better Value Option?

Other symbols: HE
2 months ago - Zacks Investment Research

IDACORP (IDA) Q1 Earnings Rise Y/Y, Expands Customer Base

IDACORP's (IDA) first-quarter earnings were higher than the year-ago level. The company continues to enjoy the benefit of customer addition and increase in per customer related usage.

4 months ago - Zacks Investment Research

IDACORP, Inc. 2022 Annual Meeting of Shareholders Scheduled for May 19

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) will hold its 2022 Annual Meeting of Shareholders at 10:00 a.m. Mountain Time on Thursday, May 19. The meeting will be held in virtual-only forma...

4 months ago - Business Wire

IDACORP, Inc. Announces First Quarter 2022 Results, Affirms 2022 Earnings Guidance

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported first quarter 2022 net income attributable to IDACORP of $46.3 million, or $0.91 per diluted share, compared with $44.8 million, or $0.8...

4 months ago - Business Wire

Duke Energy Sustainable Solutions announces construction of Idaho's largest solar project

120-megawatt Jackpot Solar project will be company's first renewable energy facility in the state. CHARLOTTE, N.C.

Other symbols: DUK
4 months ago - PRNewsWire

IDACORP Schedules First Quarter 2022 Earnings Release & Conference Call

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its first quarter results on Thursday, May 5, in a news release before the stock markets open. The company will hold an analyst confer...

5 months ago - Business Wire

IDACORP (IDA) Misses on Q4 Earnings, Expects to Add Clean Energy

IDACORP's (IDA) fourth-earnings are lower than expected. IDA initiated its 2022 earnings per share guidance in the range of $4.85-$5.05.

7 months ago - Zacks Investment Research

IDACORP, Inc. Announces Fourth Quarter and Year-End 2021 Results, Initiates 2022 Earnings Guidance

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported fourth quarter 2021 net income attributable to IDACORP of $32.8 million, or $0.65 per diluted share, compared with $37.5 million, or $0....

7 months ago - Business Wire

Utility Stocks' Q4 Earnings Due on Feb 17: ES, IDA, ED & LNT

Let's focus on utility stocks ES, ED IDA and LNT that are scheduled to release fourth-quarter earnings on Feb 17.

Other symbols: EDESLNT
7 months ago - Zacks Investment Research

IDACORP (IDA) to Post Q4 Earnings: What's in the Offing?

IDACORP's (IDA) fourth-quarter results are likely to have benefited from customer growth and higher energy demand due to an improvement in the economic condition.

7 months ago - Zacks Investment Research

IDACORP Schedules Fourth Quarter 2021 Earnings Release & Conference Call

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its fourth quarter results on Thursday, February 17, in a news release before the stock markets open. The company will hold an analyst...

7 months ago - Business Wire

Reasons to Add IDACORP (IDA) to Your Portfolio Right Now

IDACORP (IDA) makes a strong case for investment, given its capability to deliver earnings surprises, positive estimates movement and solid investment plan.

9 months ago - Zacks Investment Research

Top 5 Picks From the Best-Performing Sector in the Past Month

We have narrowed our search to five utilities that have growth potential for the rest of 2021. These are: CWT, D, DUK, NI and IDA.

Other symbols: CWTDDUKNI
9 months ago - Zacks Investment Research

LNT or IDA: Which Utility Stock Should You Add in 2022?

On the back of a more steady estimate revision, solid capital investment and low debt to capital ratio, IDACORP (IDA) seems better placed than Alliant Energy (LNT) for the upcoming year.

Other symbols: LNT
9 months ago - Zacks Investment Research

3 Utilities to Add to Your Portfolio for Strong 2022 Performance

Electric power utilities like CNP, LNT and IDA are poised to benefit from the increasing demand for utility services. The utilities have well-chalked out capital investment plans to upgrade infrastructu...

Other symbols: CNPLNT
9 months ago - Zacks Investment Research

IDACORP and Idaho Power CFO Steven R. Keen Announces Retirement

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA): IDACORP, Inc. and Idaho Power Company Senior Vice President and Chief Financial Officer Steven R. Keen has announced his intent to retire on Octo...

10 months ago - Business Wire

IDACORP (IDA) Lags Q3 Earnings Estimates, Revises 2021 View

IDACORP's (IDA) third-quarter earnings are lower than expected. The company revises its 2021 earnings guidance.

10 months ago - Zacks Investment Research

IDACORP, Inc. Announces Third Quarter 2021 Results, Tightens 2021 Earnings Guidance Upward

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported third quarter 2021 net income attributable to IDACORP of $97.9 million, or $1.93 per diluted share, compared with $102.0 million, or $2....

10 months ago - Business Wire

IdaCorp (IDA) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does IdaCorp (IDA) have what it takes?

11 months ago - Zacks Investment Research