IDACORP, Inc. (IDA)

NYSE: IDA · IEX Real-Time Price · USD
92.89
+0.45 (0.49%)
Mar 28, 2024, 4:00 PM EDT - Market closed
0.49%
Market Cap 4.70B
Revenue (ttm) 1.77B
Net Income (ttm) 261.20M
Shares Out 50.63M
EPS (ttm) 5.14
PE Ratio 18.07
Forward PE 16.96
Dividend $3.32 (3.57%)
Ex-Dividend Date Feb 2, 2024
Volume 258,364
Open 92.50
Previous Close 92.44
Day's Range 92.12 - 93.20
52-Week Range 86.43 - 112.96
Beta 0.56
Analysts Hold
Price Target 92.50 (-0.42%)
Earnings Date May 2, 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]

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 4 analysts, the average rating for IDA stock is "Hold." The 12-month stock price forecast is $92.5, which is a decrease of -0.42% from the latest price.

Price Target
$92.5
(-0.42% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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 $...

6 weeks 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...

2 months ago - Business Wire

IDACORP, Inc. Declares Dividend

BOISE, Idaho--(BUSINESS WIRE)--Directors of IDACORP, Inc. (NYSE:IDA) today declared a common stock dividend of $0.83 per share, payable February 28, 2024 to holders of record at the close of business ...

2 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...

3 months 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...

5 months 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...

5 months 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 ...

5 months ago - Business Wire

IDACORP Schedules Third Quarter 2023 Earnings Release & Conference Call

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its third quarter results on Thursday, November 2, in a news release before the stock markets open. The company will hold an analyst...

5 months ago - Business Wire

IDACORP Increases Common Stock Dividend 5.1%

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) announced today that its Board of Directors approved a 5.1% increase in the regular quarterly cash dividend on IDACORP's common stock to $0.83 ...

6 months ago - Business Wire

IDACORP, Inc. Announces Second Quarter 2023 Results, Reaffirms 2023 Earnings Guidance

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported second quarter 2023 net income attributable to IDACORP of $68.6 million, or $1.35 per diluted share, compared with $64.3 million, or $...

8 months ago - Business Wire

IDACORP Schedules Second Quarter 2023 Earnings Release & Conference Call

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its second quarter results on Thursday, August 3, in a news release before the stock markets open. The company will hold an analyst ...

9 months ago - Business Wire

Mizuho: Utilities have underperformed this year, but earnings look promising

Anthony Crowdell, Mizuho Research Analyst, discusses the utilities sector following the Fed's latest rate decision.

Other symbols: AEECEGCMSDDTEEIXNEP
10 months ago - CNBC Television

IDACORP and Idaho Power add Albertsons and Boise Cascade Executives to their Boards of Directors

BOISE, Idaho--(BUSINESS WIRE)--Nate Jorgensen and Susan Morris, top executives at two public, Idaho-based companies, have been named to the board of directors of IDACORP, Inc. (NYSE: IDA) and Idaho Po...

11 months ago - Business Wire

rPlus Energies Further Expands into Idaho with 200-Megawatt Pleasant Valley Solar Project, Idaho Power's Largest Contracted Solar Facility to Date, to Support Meta

The project will support Meta's nearby data center in Kuna, ID SALT LAKE CITY , May 18, 2023 /PRNewswire/ -- rPlus Energies,  a national leader in the development of utility-scale renewable energy pro...

11 months ago - PRNewsWire

IDACORP, Inc. 2023 Annual Meeting of Shareholders Scheduled for May 18

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) will hold its 2023 Annual Meeting of Shareholders at 10:00 a.m. Mountain Time on Thursday, May 18. The meeting will be held in virtual-only for...

11 months ago - Business Wire

IDACORP, Inc. Announces First Quarter 2023 Results, Affirms 2023 Earnings Guidance

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported first quarter 2023 net income attributable to IDACORP of $56.1 million, or $1.11 per diluted share, compared with $46.3 million, or $0...

11 months ago - Business Wire

IDACORP Schedules First Quarter 2023 Earnings Release & Conference Call

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

1 year ago - Business Wire

IDACORP, Inc. Announces Fourth Quarter and Year-End 2022 Results, Initiates 2023 Earnings Guidance

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported fourth quarter 2022 net income attributable to IDACORP of $42.1 million, or $0.83 per diluted share, compared with $32.8 million, or $...

1 year ago - Business Wire

IDACORP Schedules Fourth Quarter 2022 Earnings Release & Conference Call

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its fourth quarter results on Thursday, February 16, in a news release before the stock markets open. The company will hold an ana...

1 year ago - Business Wire

Duke Energy begins operation of Idaho's largest solar plant

Idaho Power to purchase power through 20-year agreement Company awards $15,000 grant to support the Shoshone Basin Rangeland Fire Protection Association CHARLOTTE, N.C. , Jan. 26, 2023 /PRNewswire/ --...

Other symbols: DUK
1 year ago - PRNewsWire

IDACORP, Inc. Announces Third Quarter 2022 Results, Increases 2022 Earnings Guidance

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported third quarter 2022 net income attributable to IDACORP of $106.4 million, or $2.10 per diluted share, compared with $97.9 million, or $...

1 year ago - Business Wire

IDACORP Schedules Third Quarter 2022 Earnings Release & Conference Call

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) will report its third quarter results on Thursday, November 3, in a news release before the stock markets open.

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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 year 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 ...

1 year ago - Business Wire