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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.
|Latest market close||$103.48|
|52-week range||$83.08 - $110.21|
|50-day moving average||$104.38|
|200-day moving average||$102.45|
|Wall St. target price||$111.75|
|Dividend yield||$2.8 (2.69%)|
|Earnings per share (TTM)||$5.02|
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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.
|1 week (2021-10-15)||-1.67%|
|1 month (2021-09-23)||-0.20%|
|3 months (2021-07-23)||-1.21%|
|6 months (2021-04-23)||3.19%|
|1 year (2020-10-22)||14.74%|
|2 years (2019-10-22)||-5.14%|
|3 years (2018-10-22)||4.96%|
|5 years (2016-10-21)||37.50%|
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 21x. In other words, IDACORP shares trade at around 21x 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 $497.9 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||22.64%|
|Gross profit TTM||$519.7 million|
|Return on assets TTM||2.82%|
|Return on equity TTM||9.97%|
|Market capitalisation||$5.3 billion|
TTM: trailing 12 months
There are currently 1.1 million IDACORP shares held short by investors – that's known as IDACORP's "short interest". This figure is 5.7% up from 1.1 million 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 220351.15384615). IDACORP's SIR currently stands at 5.2. In other words for every 100,000 IDACORP shares traded daily on the market, roughly 5200 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 0.0228% of the tradable shares (for every 100,000 tradable IDACORP shares, roughly 23 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly 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: 56.46% of net profits
Recently IDACORP has paid out, on average, around 56.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.7% 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 2.7% return on their shares, in the form of dividend payments. In IDACORP's case, that would currently equate to about $2.8 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 30 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 August 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 $83.0834 up to $110.21. 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 0.5053. 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.
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