IDACORP, Inc. (IDA)
| Market Cap | 4.98B |
| Revenue (ttm) | 1.78B |
| Net Income (ttm) | 271.99M |
| Shares Out | 50.62M |
| EPS (ttm) | 5.36 |
| PE Ratio | 18.34 |
| Forward PE | 19.28 |
| Dividend | $3.32 (3.38%) |
| Ex-Dividend Date | Oct 31, 2023 |
| Volume | 192,488 |
| Open | 97.93 |
| Previous Close | 98.39 |
| Day's Range | 97.54 - 98.39 |
| 52-Week Range | 88.10 - 112.96 |
| Beta | 0.58 |
| Analysts | Buy |
| Price Target | 103.33 (+5.1%) |
| Earnings Date | Feb 15, 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, 2022, it had approximately 4,832 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located ... [Read more]
Financial Performance
In 2022, IDACORP's revenue was $1.64 billion, an increase of 12.75% compared to the previous year's $1.46 billion. Earnings were $258.98 million, an increase of 5.47%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for IDA stock is "Buy." The 12-month stock price forecast is $103.33, which is an increase of 5.10% from the latest price.
News
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 ...
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 November 30, 2023 to holders of record at the close of business ...
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...
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 ...
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 $...
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 ...
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.
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...
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...
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...
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...
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...
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 $...
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...
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/ --...
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 $...
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.
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 ...
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 $...
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 ...
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 for...
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...