Idacorp Stock Quote Today

IDA
 Stock
  

USD 110.51  1.95  1.73%   

Market Performance
5 of 100
Odds Of Distress
Less than 43
Idacorp is trading at 110.51 as of the 11th of August 2022, a -1.73 percent down since the beginning of the trading day. The stock's open price was 112.46. Idacorp has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Idacorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of July 2022 and ending today, the 11th of August 2022. Click here to learn more.
CUSIP
451107106
Fiscal Year End
December
Business Domain
Utilities
IPO Date
17th of October 1986
Category
Utilities
Classification
Utilities
ISIN
US4511071064
IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho. Idacorp operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. The company has 50.52 M outstanding shares of which 966.37 K shares are currently shorted by investors with about 4.33 days to cover. More on Idacorp

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Follow Valuation Options Odds of Bankruptcy
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Idacorp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Idacorp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Idacorp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Over 84.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Investors in IDACORP have made a favorable return of 43 percent over the past five years - Simply Wall St
CEODarrel Anderson
Fama & French Classification
Average Analyst Recommendation
Analysts covering Idacorp report their recommendations after researching Idacorp's financial statements, talking to executives and customers, or listening in on Idacorp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Idacorp. The Idacorp consensus assessment is calculated by taking the average forecast from all of the analysts covering Idacorp.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Idacorp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Idacorp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares55.7 M50.6 M
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted55.8 M50.6 M
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations400.2 M363.3 M
Significantly Up
Increasing
Slightly volatile
Total Assets7.3 B7.2 B
Fairly Up
Increasing
Slightly volatile
Total Liabilities4.7 B4.5 B
Fairly Up
Increasing
Slightly volatile
Current Assets594.9 M595.9 M
Slightly Down
Increasing
Slightly volatile
Current Liabilities292 M325.6 M
Moderately Down
Decreasing
Stable
Total Debt2.1 BB
Sufficiently Up
Increasing
Slightly volatile
Return on Average Assets0.03060.0306
Steady
Decreasing
Slightly volatile
Gross Margin0.430.393
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.20.203
Fairly Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Idacorp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyOvervalued
Financial Strength
Idacorp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Idacorp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Idacorp's financial leverage. It provides some insight into what part of Idacorp's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Idacorp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Idacorp deploys its capital and how much of that capital is borrowed.
Liquidity
Idacorp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 2.05 B in debt with debt to equity (D/E) ratio of 0.76, which is OK given its current industry classification. Idacorp has a current ratio of 1.83, which is typical for the industry and considered as normal. Debt can assist Idacorp until it has trouble settling it off, either with new capital or with free cash flow. So, Idacorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Idacorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Idacorp to invest in growth at high rates of return. When we think about Idacorp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

400.22 Million
Idacorp (IDA) is traded on New York Stock Exchange in USA. It is located in 1221 W. Idaho Street, Boise, ID 83702-5627, United States and employs 1,992 people. Idacorp is listed under Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 5.67 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Idacorp's market, we take the total number of its shares issued and multiply it by Idacorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Idacorp runs under Utilities sector within Utilities—Regulated Electric industry. The entity has 50.52 M outstanding shares of which 966.37 K shares are currently shorted by investors with about 4.33 days to cover. Idacorp has about 218.55 M in cash with 372.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.32.
Check Idacorp Probability Of Bankruptcy
Ownership
Idacorp has a total of fifty million five hundred twenty thousand outstanding shares. The majority of Idacorp outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Idacorp to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Idacorp. Please pay attention to any change in the institutional holdings of Idacorp as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Idacorp Ownership Details

Idacorp Stock Price Odds Analysis

What are Idacorp's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Idacorp jumping above the current price in 90 days from now is about 8.8%. The Idacorp probability density function shows the probability of Idacorp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Idacorp has a beta of 0.4991. This usually indicates as returns on the market go up, Idacorp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Idacorp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0713, implying that it can generate a 0.0713 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 110.51HorizonTargetOdds Above 110.51
91.06%90 days
 110.51 
8.80%
Based on a normal probability distribution, the odds of Idacorp to move above the current price in 90 days from now is about 8.8 (This Idacorp probability density function shows the probability of Idacorp Stock to fall within a particular range of prices over 90 days) .

Idacorp Historical Income Statement

Idacorp Income Statement is one of the three primary financial statements used for reporting Idacorp's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Idacorp revenue and expense. Idacorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Idacorp Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 245.87 Million. The current year Cost of Revenue is expected to grow to about 926.5 M, whereas Direct Expenses is forecasted to decline to about 972.6 M. View More Fundamentals

Idacorp Stock Against Markets

Picking the right benchmark for Idacorp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Idacorp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Idacorp is critical whether you are bullish or bearish towards Idacorp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Idacorp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Idacorp Corporate Directors

Idacorp corporate directors refer to members of an Idacorp board of directors. The board of directors generally takes responsibility for the Idacorp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Idacorp's board members must vote for the resolution. The Idacorp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Annette Elg - Independent DirectorProfile
Richard Navarro - Independent DirectorProfile
Ronald Jibson - Independent DirectorProfile
Justin Forsberg - Director - Investor RelationsProfile

Invested in Idacorp?

You need to understand the risk of investing before taking a position in Idacorp. The danger of trading Idacorp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Idacorp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Idacorp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Idacorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Risk vs Return Analysis. Note that the Idacorp information on this page should be used as a complementary analysis to other Idacorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Idacorp price analysis, check to measure Idacorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Idacorp is operating at the current time. Most of Idacorp's value examination focuses on studying past and present price action to predict the probability of Idacorp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Idacorp's price. Additionally, you may evaluate how the addition of Idacorp to your portfolios can decrease your overall portfolio volatility.
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Is Idacorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Idacorp. If investors know Idacorp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Idacorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.081
Market Capitalization
5.7 B
Quarterly Revenue Growth YOY
-0.004
Return On Assets
0.0259
Return On Equity
0.0907
The market value of Idacorp is measured differently than its book value, which is the value of Idacorp that is recorded on the company's balance sheet. Investors also form their own opinion of Idacorp's value that differs from its market value or its book value, called intrinsic value, which is Idacorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Idacorp's market value can be influenced by many factors that don't directly affect Idacorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Idacorp's value and its price as these two are different measures arrived at by different means. Investors typically determine Idacorp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Idacorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.