Utilities - Regulated Electric - NYSE - US
$ 117.19
0.386 %
$ 6.24 B
Market Cap
21.66
P/E
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 at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon.[ Read More ]
The intrinsic value of one IDA stock under the base case scenario is HIDDEN Compared to the current market price of 117 USD, IDACORP, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart IDA
FINANCIALS
1.77 B
REVENUE
313 M
OPERATING INCOME
262 M
NET INCOME
267 M
OPERATING CASH FLOW
-590 M
INVESTING CASH FLOW
473 M
FINANCING CASH FLOW
529 M
REVENUE
134 M
OPERATING INCOME
114 M
NET INCOME
202 M
OPERATING CASH FLOW
-198 M
INVESTING CASH FLOW
254 M
FINANCING CASH FLOW
Balance Sheet Decomposition
IDACORP, Inc.
| Current Assets | 1 B |
| Cash & Short-Term Investments | 327 M |
| Receivables | 267 M |
| Other Current Assets | 410 M |
| Non-Current Assets | 7.47 B |
| Long-Term Investments | 164 M |
| PP&E | 5.75 B |
| Other Non-Current Assets | 1.56 B |
| Current Liabilities | 634 M |
| Accounts Payable | 309 M |
| Short-Term Debt | 49.8 M |
| Other Current Liabilities | 276 M |
| Non-Current Liabilities | 4.93 B |
| Long-Term Debt | 2.78 B |
| Other Non-Current Liabilities | 2.15 B |
EFFICIENCY
Earnings Waterfall
IDACORP, Inc.
| Revenue | 1.77 B |
| Cost Of Revenue | 1.45 B |
| Gross Profit | 317 M |
| Operating Expenses | 237 M |
| Operating Income | 313 M |
| Other Expenses | 51.6 M |
| Net Income | 262 M |
RATIOS
17.94%
GROSS MARGIN
17.75%
OPERATING MARGIN
14.79%
NET MARGIN
8.98%
ROE
3.08%
ROA
4.95%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
IDACORP, Inc.
| Net Income | 262 M |
| Depreciation & Amortization | 200 M |
| Capital Expenditures | -611 M |
| Stock-Based Compensation | 9.58 M |
| Change in Working Capital | -157 M |
| Others | -91.6 M |
| Free Cash Flow | -344 M |
Wall Street Analysts Price Targets
IDACORP, Inc.
Wall Street analysts predict an average 1-year price target for IDA of $104 , with forecasts ranging from a low of $92 to a high of $115 .
IDA Lowest Price Target
Wall Street Target
92 USD
-21.50%
IDA Average Price Target
Wall Street Target
104 USD
-11.26%
IDA Highest Price Target
Wall Street Target
115 USD
-1.87%
4. DIVIDEND ANALYSIS
0.80%
DIVIDEND YIELD
0.86 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
IDACORP, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
143 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 months ago
May 23, 2024
|
Sell 143 K USD
|
Hanchey James Bo D
VP of Cust Op & CSO (IPC) |
- 1500
|
95.0878 USD |
|
1 year ago
Sep 14, 2023
|
Sell 144 K USD
|
Malmen Jeffrey L
SVP of Public Affairs |
- 1463
|
98.159 USD |
|
1 year ago
Jun 02, 2023
|
Sell 12.9 K USD
|
Colburn Mitchel D
VP of Plan, Eng, & Const (IPC) |
- 123
|
104.7085 USD |
|
1 year ago
Dec 01, 2022
|
Sell 149 K USD
|
Johnson Dennis L
Director |
- 1365
|
109.224 USD |
|
4 years ago
Sep 22, 2020
|
Sell 106 K USD
|
Malmen Jeffrey L
SVP of Public Affairs |
- 1300
|
81.7 USD |
|
4 years ago
Aug 03, 2020
|
Sell 32.3 K USD
|
Harvey Tom J
VP of Power Supply (IPC) |
- 350
|
92.367 USD |
|
4 years ago
Aug 03, 2020
|
Sell 300 K USD
|
KING CHRISTINE
Director |
- 3273
|
91.793 USD |
|
4 years ago
Jun 05, 2020
|
Sell 524 K USD
|
ANDERSON DARREL T
Director |
- 5544
|
94.6064 USD |
|
4 years ago
Mar 24, 2020
|
Bought 15.3 K USD
|
DAHL RICHARD J
Director |
+ 200
|
76.715 USD |
|
4 years ago
Mar 20, 2020
|
Bought 30.9 K USD
|
DAHL RICHARD J
Director |
+ 400
|
77.306 USD |
|
4 years ago
Mar 16, 2020
|
Bought 32.9 K USD
|
DAHL RICHARD J
Director |
+ 400
|
82.265 USD |
|
4 years ago
Feb 25, 2020
|
Sell 376 K USD
|
KING CHRISTINE
Director |
- 3393
|
110.905 USD |
|
5 years ago
Aug 23, 2019
|
Sell 20 K USD
|
Park Tessia
VP of Power Supply |
- 185
|
108.33 USD |
|
5 years ago
Aug 21, 2019
|
Sell 81.2 K USD
|
Grow Lisa A
Sr. VP & COO (IPC) |
- 750
|
108.256 USD |
|
5 years ago
May 23, 2019
|
Sell 28.9 K USD
|
Park Tessia
VP of Power Supply |
- 280
|
103.2928 USD |
|
5 years ago
Mar 12, 2019
|
Sell 117 K USD
|
Park Tessia
VP of Power Supply |
- 1150
|
101.5022 USD |
|
5 years ago
Mar 07, 2019
|
Sell 432 K USD
|
Keen Steven R
SVP, CFO & Treasurer |
- 4346
|
99.316 USD |
|
6 years ago
Nov 16, 2018
|
Sell 9.94 K USD
|
Park Tessia
VP of Power Supply |
- 100
|
99.41 USD |
|
6 years ago
Jun 14, 2018
|
Sell 253 K USD
|
KING CHRISTINE
Director |
- 2900
|
87.206 USD |
|
6 years ago
Mar 22, 2018
|
Sell 312 K USD
|
Keen Steven R
SVP, CFO & Treasurer |
- 3557
|
87.7222 USD |
|
6 years ago
Mar 16, 2018
|
Sell 25.6 K USD
|
Park Tessia
VP of Power Supply |
- 300
|
85.396 USD |
|
7 years ago
Jun 06, 2017
|
Sell 106 K USD
|
Grow Lisa A
Sr. VP of Operations (IPC) |
- 1200
|
88.624 USD |
|
7 years ago
Jun 01, 2017
|
Sell 52.4 K USD
|
Malmen Jeffrey L
SVP of Public Affairs |
- 600
|
87.336 USD |
|
7 years ago
Mar 23, 2017
|
Sell 246 K USD
|
Keen Steven R
SVP, CFO & Treasurer |
- 2966
|
83.04 USD |
|
7 years ago
Mar 15, 2017
|
Sell 18.1 K USD
|
Park Tessia
VP of Power Supply |
- 224
|
80.726 USD |
|
7 years ago
Feb 28, 2017
|
Sell 99.8 K USD
|
Porter Newell V
VP T&D Eng & Constr & CSO |
- 1200
|
83.138 USD |
|
7 years ago
Dec 23, 2016
|
Sell 40.4 K USD
|
Johnson Dennis L
Director |
- 500
|
80.87 USD |
|
8 years ago
Aug 11, 2016
|
Sell 213 K USD
|
KEEN J LAMONT
Director |
- 2715
|
78.533 USD |
7. 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.
benzinga.com
- 2 days ago
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 sixteen increases for next week, up from six last week.
seekingalpha.com
- 2 weeks ago
IdaCorp (IDA) Misses Q3 Earnings Estimates
IdaCorp (IDA) came out with quarterly earnings of $2.12 per share, missing the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $2.07 per share a year ago.
zacks.com
- 2 weeks ago
IDACORP's Third-Quarter Earnings Lag Estimates, Revenues Beat
IDA's third-quarter earnings and revenues increase year over year. Total operating expenses also increase during the same period.
zacks.com
- 2 weeks ago
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 $2.07 per diluted share, in the third quarter of 2023. “We had a strong third quarter and benefited from customer growth, rate changes, and weather conditions that contributed to higher customer usage,” said IDACORP President and Chief Executive Officer Lisa Grow. “As expected, higher depreciation.
businesswire.com
- 2 weeks ago
IdaCorp (IDA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
IdaCorp (IDA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 3 weeks ago
EXC vs. IDA: Which Stock Is the Better Value Option?
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Exelon (EXC) and IdaCorp (IDA). But which of these two stocks presents investors with the better value opportunity right now?
zacks.com
- 3 weeks ago
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 on November 5, 2024.
businesswire.com
- 1 month ago
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 conference call that day at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) to discuss the third quarter 2024 earnings. All parties interested in listening may do so through a live Webcast or by calling (855) 761-5600 for listen-only mode. The passcode for the call is 9290150. The conference call.
businesswire.com
- 1 month ago
EVRG or IDA: Which Is the Better Value Stock Right Now?
Investors interested in Utility - Electric Power stocks are likely familiar with Evergy Inc (EVRG) and IdaCorp (IDA). But which of these two stocks is more attractive to value investors?
zacks.com
- 1 month ago
Passive Income Investors: These 5 Companies Just Raised Their Dividends
trekandshoot / iStock via Getty Images Electric utility, Idacorp (NYSE:IDA) just raised its dividend to 86 cents per share, or $3.44 annualized.
247wallst.com
- 1 month ago
IDA or TAC: Which Is a Better Utility Electric Power Stock?
Both IDA and TAC work efficiently and continue to provide reliable services to their customers.
zacks.com
- 1 month ago
8. Profile Summary
IDACORP, Inc. IDA
COUNTRY
US
INDUSTRY
Regulated Electric
MARKET CAP
$ 6.24 B
Dividend Yield
0.80%
Description
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 at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.
Contact
1221 West Idaho Street, Boise, ID, 83702-5627
https://www.idacorpinc.com
IPO Date
Aug. 1, 1944
Employees
2100
Officers
Mr. Jason C. Huszar
Vice President of Information Technology & Chief Information Officer
Ms. Julia A. Hilton
Vice President & General Counsel
Ms. Amy I. Shaw
Vice President of Finance, Compliance & Risk
Mr. James Bo D. Hanchey
Vice President of Customer Operations & Chief Safety Officer for Idaho Power
Ms. Lisa A. Grow
Chief Executive Officer, President & Director
Mr. Jeffrey L. Malmen
Senior Vice President of Public Affairs
Mr. Adam J. Richins
Senior Vice President & Chief Operating Officer of Idaho Power
Ms. Cheryl Thompson
Corporate Secretary
Ms. Sarah E. Griffin
Vice President of Human Resources for Idaho Power.