Our top pick for
Building a portfolio
IDACORP, Inc is an utilities-regulated electric business based in the US. IDACORP shares (IDA) are listed on the NYSE and all prices are listed in US Dollars. IDACORP employs 1,943 staff and has a trailing 12-month revenue of around 0.00.
|52-week range||$77.66 - $103.24|
|50-day moving average||$99.96|
|200-day moving average||$92.82|
|Wall St. target price||$106.00|
|Dividend yield||$2.72 (2.73%)|
|Earnings per share (TTM)||$4.69|
*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing IDACORP stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of IDACORP's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
IDACORP's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, IDACORP shares trade at around 22x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
IDACORP's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.7. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into IDACORP's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
IDACORP's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $473.6 million.
The EBITDA is a measure of a IDACORP's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$1.4 billion|
|Operating margin TTM||22.04%|
|Gross profit TTM||$519.7 million|
|Return on assets TTM||2.71%|
|Return on equity TTM||9.45%|
|Market capitalisation||$5.1 billion|
TTM: trailing 12 months
There are currently 931,557 IDACORP shares held short by investors – that's known as IDACORP's "short interest". This figure is 39.8% up from 666,564 last month.
There are a few different ways that this level of interest in shorting IDACORP shares can be evaluated.
IDACORP's "short interest ratio" (SIR) is the quantity of IDACORP shares currently shorted divided by the average quantity of IDACORP shares traded daily (recently around 405024.7826087). IDACORP's SIR currently stands at 2.3. In other words for every 100,000 IDACORP shares traded daily on the market, roughly 2300 shares are currently held short.
However IDACORP's short interest can also be evaluated against the total number of IDACORP shares, or, against the total number of tradable IDACORP shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case IDACORP's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 IDACORP shares in existence, roughly 20 shares are currently held short) or 0.0242% of the tradable shares (for every 100,000 tradable IDACORP shares, roughly 24 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against IDACORP.
Find out more about how you can short IDACORP stock.
Dividend payout ratio: 50.18% of net profits
Recently IDACORP has paid out, on average, around 50.18% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.85% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), IDACORP shareholders could enjoy a 2.85% return on their shares, in the form of dividend payments. In IDACORP's case, that would currently equate to about $2.72 per share.
IDACORP's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
IDACORP's most recent dividend payout was on 31 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 May 2021 (the "ex-dividend date").
IDACORP's shares were split on a 2:1 basis on 6 June 1985. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your IDACORP shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for IDACORP shares which in turn could have impacted IDACORP's share price.
Over the last 12 months, IDACORP's shares have ranged in value from as little as $77.66 up to $103.24. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while IDACORP's is 0.4926. This would suggest that IDACORP's shares are less volatile than average (for this exchange).
IDACORP, Inc. 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, Nevada, and Oregon. As of December 31, 2020, it had approximately 4,833 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 9 switching stations; 31 mixed-use transmission and distribution substations; 186 energized distribution substations; and 28,201 pole-miles of distribution lines, as well as provides electric utility services to approximately 587,000 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 investments. The company was founded in 1915 and is headquartered in Boise, Idaho.
Everything we know about the Krispy Kreme IPO, plus information on how to buy in.
Everything we know about the Day One Biopharmaceuticals IPO, plus information on how to buy in.
Everything we know about the Enact Holdings IPO, plus information on how to buy in.
Everything we know about the Solid Power IPO, plus information on how to buy in.
Everything we know about the Paymentus Holdings IPO, plus information on how to buy in.
Everything we know about the Qiniu Limited IPO, plus information on how to buy in.
Everything we know about the Qiniu Limited IPO, plus information on how to buy in.
Everything we know about the Ximalaya IPO, plus information on how to buy in.
Everything we know about the Zeta Global Holdings Corp IPO, plus information on how to buy in.
Everything we know about the Paycor HCM IPO, plus information on how to buy in.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.