IDA - IDACORP Inc Stock Price, Fair Value and News

96.87USD+0.13 (+0.13%)Delayed as of 08 May 2024, 02:54 pm ET

Market Summary

USD96.87+0.13

Delayedas of 08 May 2024, 02:54 pm

0.13%

IDA Stock Price

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IDA RSI Chart

IDA Valuation

Market Cap

4.9B

Price/Earnings (Trailing)

19.36

Price/Sales (Trailing)

2.75

EV/EBITDA

12.49

Price/Free Cashflow

-17.17

IDA Price/Sales (Trailing)

IDA Profitability

EBT Margin

15.05%

Return on Equity

8.67%

Return on Assets

3.03%

Free Cashflow Yield

-5.82%

IDA Fundamentals

IDA Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

4.49%

Rev. Growth (Qtr)

8.98%

IDA Earnings

Earnings (TTM)

253.3M

Earnings Growth (Yr)

-14.13%

Earnings Growth (Qtr)

54.11%

Breaking Down IDA Revenue

52 Week Range

89.06110.52

(Low)(High)

Last 7 days

2.1%

Last 30 days

6.0%

Last 90 days

8.1%

Trailing 12 Months

-11.8%

How does IDA drawdown profile look like?

IDA Financial Health

Current Ratio

1.54

Debt/Equity

0.95

Debt/Cashflow

0.17

IDA Investor Care

Dividend Yield

3.35%

Dividend/Share (TTM)

3.24

Shares Dilution (1Y)

0.17%

Diluted EPS (TTM)

4.98

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.8B	0	0	0
2023	1.7B	1.8B	1.8B	1.8B
2022	1.5B	1.5B	1.6B	1.6B
2021	1.4B	1.4B	1.4B	1.5B
2020	1.3B	1.3B	1.3B	1.4B
2019	1.4B	1.4B	1.4B	1.3B
2018	1.4B	1.4B	1.4B	1.4B
2017	1.3B	1.3B	1.3B	1.3B
2016	1.3B	1.3B	1.3B	1.3B
2015	1.3B	1.3B	1.3B	1.3B
2014	1.3B	1.3B	1.3B	1.3B
2013	1.1B	1.2B	1.2B	1.2B
2012	1.0B	1.0B	1.1B	1.1B
2011	1.0B	1.0B	1.0B	1.0B
2010	1.1B	1.1B	1.1B	1.0B
2009	0	990.2M	1.0B	1.0B
2008	0	0	0	960.4M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
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Tracking the Latest Insider Buys and Sells of IDACORP Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	morris susan	acquired	-	-	1,588	-
Mar 01, 2024	kinneeveauk jeff c	acquired	-	-	662	-
Mar 01, 2024	bolano odette c	acquired	-	-	1,588	-
Mar 01, 2024	navarro richard j	acquired	-	-	1,588	-
Mar 01, 2024	elg annette g	acquired	-	-	1,588	-
Mar 01, 2024	dahl richard j	acquired	-	-	662	-
Mar 01, 2024	peters mark t	acquired	-	-	1,588	-
Mar 01, 2024	jibson ron w	acquired	-	-	1,588	-
Mar 01, 2024	jorgensen nate	acquired	-	-	1,588	-
Mar 01, 2024	johnson dennis l	acquired	-	-	1,588	-

Which funds bought or sold IDA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Empowered Funds, LLC	reduced	-0.93	-64,183	938,189	0.02%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.06	-194,228	4,104,720	0.03%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-25.46	-456,000	1,086,000	0.01%
May 06, 2024	HighTower Advisors, LLC	added	0.09	-34,000	630,000	-%
May 06, 2024	DUALITY ADVISERS, LP	new	-	836,567	836,567	0.08%
May 06, 2024	Manchester Capital Management LLC	reduced	-56.41	-2,255	1,580	-%
May 06, 2024	JOHN G ULLMAN & ASSOCIATES INC	reduced	-1.26	-274,210	3,807,840	0.58%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-2,851	-	-%
May 06, 2024	Parallel Advisors, LLC	reduced	-4.1	-6,750	65,073	-%
May 06, 2024	AMG National Trust Bank	added	92.09	542,667	1,208,690	0.04%

Are Funds Buying or Selling IDA?

Are funds buying IDA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own IDA

No. of Funds

Unveiling IDACORP Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	5.5%	2,766,631	SC 13G
Feb 13, 2024	vanguard group inc	11.41%	5,774,274	SC 13G/A
Jan 23, 2024	blackrock inc.	11.8%	5,973,856	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	6.0%	3,031,531	SC 13G
Feb 14, 2023	price t rowe associates inc /md/	0.1%	46,795	SC 13G/A
Feb 09, 2023	vanguard group inc	12.39%	6,264,363	SC 13G/A
Jan 26, 2023	blackrock inc.	12.3%	6,211,344	SC 13G/A
Jan 20, 2023	blackrock inc.	12.3%	6,211,344	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	5.8%	2,948,776	SC 13G
Feb 09, 2022	vanguard group inc	11.01%	5,560,165	SC 13G/A

Recent SEC filings of IDACORP Inc

View All Filings

Date Filed	Form Type	Document
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 02, 2024	DEF 14A	DEF 14A
Apr 02, 2024	DEFA14A	DEFA14A
Mar 05, 2024	ARS	ARS
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading

Peers (Alternatives to IDACORP Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AEP	47.4B	19.3B	7.05%	-1.58%	16.81	2.45	-2.13%	41.75%
AWK	25.7B	4.3B	11.23%	-10.61%	26.78	5.96	10.78%	15.26%
AEE	19.8B	7.3B	2.26%	-16.59%	17.18	2.73	-10.88%	5.77%
ATO	18.2B	3.9B	3.54%	2.11%	19.62	4.6	-15.47%	16.09%
NRG	15.3B	28.5B	0.80%	134.27%	9.3	0.54	-9.05%	188.86%
AGR	14.2B	8.3B	2.11%	-9.74%	15.96	1.72	0.05%	30.98%
AES	13.4B	12.5B	4.09%	-12.64%	-2.1K	1.07	-3.77%	98.49%
CPK	2.5B	670.6M	7.54%	-12.28%	28.27	3.68	-1.48%	-2.88%
MID-CAP
PNW	8.7B	4.7B	5.02%	-4.27%	16.1	1.85	4.84%	12.15%
ALE	3.6B	1.9B	6.36%	0.93%	14.7	1.93	19.68%	30.53%
AVA	3.0B	1.9B	9.19%	-14.89%	15.71	1.57	9.47%	35.66%
SMALL-CAP
CWCO	427.3M	180.2M	3.95%	58.13%	14.37	2.37	91.50%	388.02%
CDZI	158.3M	2.0M	-5.60%	-49.46%	-5.03	78.74	33.96%	-26.84%
VIA	35.3M	415.8M	1.67%	4.09%	1.49	0.08	-11.16%	525.10%
CREG	8.2M	-	-24.26%	-34.81%	-10.98	12.3	-88.45%	83.25%

IDACORP Inc News

Latest updates

IDACORP Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	9.0%	449	412	511	414	430	423	518	359	344	335	447	360	316	316	425	319	291	293	386	317	350
Operating Expenses	6.4%	399	375	385	332	362	366	390	277	284	283	323	268	255	262	300	239	239	239	272	245	292
EBITDA Margin	-1.6%	0.34*	0.34*	0.34*	0.34*	0.33*	0.34*	0.35*	0.36*	0.37*	0.38*	0.39*	0.39*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.7%	33.00	34.00	29.00	29.00	25.00	25.00	22.00	21.00	21.00	24.00	21.00	21.00	21.00	24.00	21.00	22.00	20.00	21.00	22.00	22.00	22.00
Income Taxes	-225.5%	-5.55	-1.70	14.00	8.00	7.00	8.00	15.00	8.00	6.00	3.00	17.00	11.00	5.00	6.00	12.00	7.00	4.00	-2.00	15.00	7.00	4.00
Earnings Before Taxes	44.1%	43.00	30.00	119	77.00	63.00	50.00	122	73.00	52.00	36.00	115	81.00	50.00	43.00	115	68.00	41.00	45.00	105	60.00	47.00
EBT Margin	-8.1%	0.15*	0.16*	0.17*	0.18*	0.18*	0.18*	0.18*	0.19*	0.19*	0.19*	0.20*	0.20*	-	-	-	-	-	-	-	-	-
Net Income	54.1%	48.00	31.00	105	69.00	56.00	42.00	106	64.00	46.00	33.00	98.00	70.00	45.00	38.00	102	60.00	37.00	47.00	90.00	53.00	43.00
Net Income Margin	-4.1%	0.14*	0.15*	0.15*	0.15*	0.16*	0.16*	0.16*	0.16*	0.17*	0.17*	0.17*	0.18*	-	-	-	-	-	-	-	-	-
Free Cashflow	-90.4%	-150	-78.93	2.00	-58.61	-208	-45.01	2.00	-28.60	-9.54	-43.20	68.00	33.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.5%	8,347	8,476	8,294	7,839	7,879	7,543	7,524	7,452	7,285	7,211	7,254	7,201	7,078	7,095	6,930	7,021	6,610	6,641	6,502	6,461	6,388
Current Assets	-22.3%	780	1,004	1,038	734	991	694	660	693	612	596	678	673	594	642	685	828	473	565	604	599	576
Cash Equivalents	-51.9%	158	327	445	135	358	178	226	238	219	215	300	260	240	275	312	460	139	217	261	240	231
Net PPE	1.8%	5,846	5,745	5,554	5,456	5,289	5,173	5,078	5,014	4,986	4,902	4,820	4,778	4,735	4,710	4,642	4,594	4,558	4,531	4,477	4,451	4,415
Current Liabilities	-20.3%	505	634	489	468	533	549	475	449	328	326	343	331	262	288	303	447	248	375	291	296	273
Long Term Debt	0.0%	2,776	2,776	2,826	2,482	2,483	2,194	2,071	2,076	2,051	2,001	2,001	2,001	2,000	2,000	2,000	2,000	1,837	1,737	1,836	1,836	1,835
LT Debt, Current	0%	50.00	50.00	-	-	125	-	79.00	75.00	-	-	-	-	-	-	-	175	-	100	-	-	-
LT Debt, Non Current	-	-	-	2,826	2,482	2,483	2,194	2,071	2,076	2,051	2,001	2,001	2,001	2,000	2,000	2,000	2,000	1,837	1,737	1,836	1,836	1,835
Shareholder's Equity	0.5%	2,922	2,908	2,921	1,982	2,823	2,807	2,786	1,868	7.00	2,668	2,671	7.00	869	2,560	2,566	2,496	2,467	868	2,464	2,404	2,380
Retained Earnings	0.3%	2,042	2,036	2,047	1,919	1,892	1,938	1,795	1,729	1,704	1,696	1,703	1,640	1,608	1,599	1,598	1,532	1,638	1,504	1,621	1,563	1,542
Additional Paid-In Capital	-100.0%	-	712	712	712	712	712	712	712	712	712	712	712	712	712	712	712	712	712	712	712	712
Shares Outstanding	0.1%	51.00	51.00	51.00	51.00	51.00	51.00	51.00	51.00	51.00	51.00	51.00	51.00	-	-	-	-	-	-	-	-	-
Minority Interest	1.3%	7.00	7.00	8.00	8.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	5.00
Float	-	-	-	-	5,171	-	-	-	5,320	-	-	-	4,876	-	-	-	4,377	-	-	-	5,017	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	4.5%	109,685	104,996	155,252	97,178	-90,399	82,310	113,020	62,956	92,999	59,857	136,212	83,533	83,662	104,101	155,417	94,817	33,796	79,610	120,942	109,074	56,999
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	2,140	2,710	1,738	1,353	1,701	2,624	2,245	1,877	1,830	2,837
Cashflow From Investing	-31.8%	-234,663	-178,066	-148,082	-154,643	-109,156	-133,884	-86,456	-105,640	-98,287	-106,034	-60,595	-27,675	-79,349	-105,166	-91,255	-77,163	-73,674	-87,909	-66,921	-68,930	-56,732
Cashflow From Financing	0.3%	-44,868	-44,990	303,540	-165,579	379,801	2,922	-38,221	62,020	8,595	-38,252	-35,910	-35,900	-39,422	-35,837	-212,509	303,840	-38,505	-35,018	-33,114	-31,822	-36,417
Dividend Payments	-100.0%	-	42,967	40,040	40,036	40,502	39,979	37,893	38,120	38,371	37,801	36,036	36,031	36,379	35,685	33,959	33,986	34,312	33,665	31,932	31,932	32,290
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40.00	13.00	-	4,107

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IDA Income Statement

2024-03-31

Consolidated Statements of Income Statement - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating Revenues:
Electric utility revenues	$ 448,299	$ 429,338
Other	637	321
Total operating revenues	448,936	429,659
Operating Expenses:
Purchased power	111,899	171,093
Fuel expense	92,241	89,080
Power cost adjustment	22,363	(51,337)
Other operations and maintenance	105,829	92,041
Energy efficiency programs	4,291	5,215
Depreciation	54,013	45,391
Other electric utility operating expenses	8,008	9,028
Total electric utility operating expenses	398,644	360,511
Other	696	1,045
Total operating expenses	399,340	361,556
Operating Income	49,596	68,103
Nonoperating (Income) Expense:
Allowance for equity funds used during construction	(11,152)	(9,908)
Earnings of unconsolidated equity-method investments	(625)	(2,454)
Interest on long-term debt	33,308	24,968
Other interest	5,467	4,755
Allowance for borrowed funds used during construction	(5,959)	(4,228)
Other income, net	(14,165)	(8,149)
Total nonoperating expense, net	6,874	4,984
Income Before Income Taxes	42,722	63,119
Income Tax (Benefit) Expense	(5,546)	7,095
Net Income	48,268	56,024
Adjustment for (income) loss attributable to noncontrolling interests	(95)	74
Net Income Attributable to IDACORP, Inc.	$ 48,173	$ 56,098
Weighted-average common shares outstanding - basic (in shares)	50,764	50,688
Weighted-average common shares outstanding - diluted (in shares)	50,792	50,723
Earnings Per Share of Common Stock:
Earnings attributable to IDACORP, Inc. - basic (in dollars per share)	$ 0.95	$ 1.11
Earnings attributable to IDACORP, Inc. - diluted (in dollars per share)	$ 0.95	$ 1.11

IDA Balance Sheet

2024-03-31

Consolidated Balance Sheets Statement - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 157,583	$ 327,429
Receivables:
Customer	116,033	107,256
Other	33,022	44,661
Income taxes receivable	11,077	24,574
Accrued unbilled revenues	81,852	90,521
Materials and supplies (at average cost)	156,317	140,515
Fuel stock (at average cost)	23,957	19,952
Prepayments	20,686	22,840
Current regulatory assets	179,727	226,235
Other	27	71
Total current assets	780,281	1,004,054
Investments	156,301	163,971
Property, Plant and Equipment:
Utility plant in service	7,351,549	7,291,532
Accumulated provision for depreciation	(2,613,507)	(2,557,744)
Utility plant in service - net	4,738,042	4,733,788
Construction work in progress	1,082,560	985,502
Utility plant held for future use	9,425	9,511
Other property, net of accumulated depreciation	16,306	16,429
Property, plant and equipment - net	5,846,333	5,745,230
Other Assets:
Company-owned life insurance	84,083	82,038
Regulatory assets	1,427,398	1,426,815
Other	53,015	53,810
Total other assets	1,564,496	1,562,663
Total assets	8,347,411	8,475,918
Current Liabilities:
Accounts payable	199,709	308,504
Taxes accrued	13,002	6,854
Interest accrued	32,069	38,292
Accrued compensation	44,378	64,645
Current regulatory liabilities	7,236	7,952
Advances from customers	105,611	104,297
Other	53,571	53,732
Total current liabilities	505,376	634,076
Other Liabilities:
Deferred Income Tax	874,723	882,724
Regulatory liabilities	869,404	874,601
Pension and other postretirement benefits	238,681	233,965
Other	160,854	160,019
Total other liabilities	2,143,662	2,151,309
Long-Term Debt	2,775,959	2,775,790
Commitments and Contingencies
Equity:
Common stock	890,042	888,615
Retained earnings	2,042,003	2,036,138
Accumulated other comprehensive loss	(16,900)	(17,184)
Total IDACORP, Inc. shareholders’ equity	2,915,145	2,907,569
Noncontrolling interests	7,269	7,174
Total equity	2,922,414	2,914,743
Total	$ 8,347,411	$ 8,475,918

About IDACORP Inc

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 at power plants; 21 transmission substations; 11 switching stations; 30 mixed-use transmission and distribution substations; 189 energized distribution substations; and 29,384 pole-miles of distribution lines, as well as provides electric utility services to approximately 618,000 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.

CEO	Ms. Lisa A. Grow
WEBSITE	idacorpinc.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	2070

IDACORP Inc Frequently Asked Questions

What is the ticker symbol for IDACORP Inc? What does IDA stand for in stocks?

IDA is the stock ticker symbol of IDACORP Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of IDACORP Inc (IDA)?

As of Tue May 07 2024, market cap of IDACORP Inc is 4.9 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IDA stock?

You can check IDA's fair value in chart for subscribers.

What is the fair value of IDA stock?

You can check IDA's fair value in chart for subscribers. The fair value of IDACORP Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of IDACORP Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IDA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is IDACORP Inc a good stock to buy?

The fair value guage provides a quick view whether IDA is over valued or under valued. Whether IDACORP Inc is cheap or expensive depends on the assumptions which impact IDACORP Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IDA.

What is IDACORP Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, IDA's PE ratio (Price to Earnings) is 19.36 and Price to Sales (PS) ratio is 2.75. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IDA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on IDACORP Inc's stock?

In the past 10 years, IDACORP Inc has provided 0.084 (multiply by 100 for percentage) rate of return.