How does IDA's PE Ratio compare to its peers?

IDA is expensive based on its Price-To-Earnings Ratio (22.2x) compared to the peer average (19.1x).

How does IDA's PE Ratio compare vs other companies in the US Electric Utilities Industry?

IDA is expensive based on its Price-To-Earnings Ratio (22.2x) compared to the US Electric Utilities industry average (21x).

What is IDA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IDA is expensive based on its Price-To-Earnings Ratio (22.2x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).

What is the Fair Price of IDA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

IDA ($117.96) is trading above our estimate of [[fair value]] ($109.45)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

IDACORP (NYSE:IDA) - Stock Price, News & Analysis

IDA Stock Overview

Engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. More details

IDA fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	1/6
Past Performance	3/6
Financial Health	1/6
Dividends	4/6

Rewards

Earnings are forecast to grow 12.76% per year

Earnings have grown 3.9% per year over the past 5 years

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 2.92% is not well covered by free cash flows

Shareholders have been diluted in the past year

IDACORP, Inc. Competitors

Portland General Electric

NYSE:POR

US$4.9b

Pinnacle West Capital

NYSE:PNW

US$10.3b

ALLETE

NYSE:ALE

US$3.7b

TXNM Energy

NYSE:TXNM

US$4.3b

Price History & Performance

Summary of all time highs, changes and price drops for IDACORP
Historical stock prices
Current Share Price	US$117.96
52 Week High	US$119.65
52 Week Low	US$86.43
Beta	0.60
11 Month Change	13.61%
3 Month Change	15.40%
1 Year Change	21.60%
33 Year Change	8.98%
5 Year Change	11.12%
Change since IPO	283.61%

IDACORP's (NYSE:IDA) Profits Appear To Have Quality Issues

Nov 07

IDACORP (NYSE:IDA) Has Announced That It Will Be Increasing Its Dividend To $0.86

Nov 05

IDACORP (NYSE:IDA) Will Pay A Larger Dividend Than Last Year At $0.86

Oct 22

Recent updates

IDACORP's (NYSE:IDA) Profits Appear To Have Quality Issues

Nov 07

IDACORP (NYSE:IDA) Has Announced That It Will Be Increasing Its Dividend To $0.86

Nov 05

Risks To Shareholder Returns Are Elevated At These Prices For IDACORP, Inc. (NYSE:IDA)

Jul 16

Calculating The Intrinsic Value Of IDACORP, Inc. (NYSE:IDA)

Jun 11

Idacorp: This Underappreciated Dividend Growth Stock Remains A Buy

May 22

IDACORP, Inc.'s (NYSE:IDA) CEO Compensation Looks Acceptable To Us And Here's Why

May 10

Here's Why IDACORP (NYSE:IDA) Is Weighed Down By Its Debt Load

Apr 20

Investors Met With Slowing Returns on Capital At IDACORP (NYSE:IDA)

Mar 12

Idacorp: An Underfollowed Utility Worth Buying Now

Feb 25

Analyst Estimates: Here's What Brokers Think Of IDACORP, Inc. (NYSE:IDA) After Its Full-Year Report

Feb 18

Is Now The Time To Put IDACORP (NYSE:IDA) On Your Watchlist?

Jan 21

IDACORP, Inc.'s (NYSE:IDA) Shareholders Might Be Looking For Exit

Jan 03

You Should Have Idacorp On Your Watchlist

Dec 10

IDACORP's (NYSE:IDA) Solid Earnings May Rest On Weak Foundations

Nov 15

IDACORP (NYSE:IDA) Has A Somewhat Strained Balance Sheet

Nov 06

IDACORP (NYSE:IDA) Has Announced That It Will Be Increasing Its Dividend To $0.83

Oct 22

The Returns At IDACORP (NYSE:IDA) Aren't Growing

Oct 01

Idacorp: Dividends A Positive; Valuations, Economic Value Not So Much

Sep 21

Should You Be Adding IDACORP (NYSE:IDA) To Your Watchlist Today?

Sep 16

A Look At The Intrinsic Value Of IDACORP, Inc. (NYSE:IDA)

Aug 31

These 4 Measures Indicate That IDACORP (NYSE:IDA) Is Using Debt Extensively

Aug 03

Return Trends At IDACORP (NYSE:IDA) Aren't Appealing

Jul 03

Here's Why IDACORP (NYSE:IDA) Has Caught The Eye Of Investors

Jun 12

IDACORP (NYSE:IDA) Takes On Some Risk With Its Use Of Debt

Apr 25

Returns At IDACORP (NYSE:IDA) Appear To Be Weighed Down

Mar 10

Is Now The Time To Put IDACORP (NYSE:IDA) On Your Watchlist?

Feb 21

IDACORP (NYSE:IDA) Has A Somewhat Strained Balance Sheet

Jan 24

IDACORP declares $0.79 dividend

Jan 19

Investors Met With Slowing Returns on Capital At IDACORP (NYSE:IDA)

Nov 23

Shareholder Returns

	IDA	US Electric Utilities	US Market
7D	0.5%	2.2%	-1.0%
1Y	21.6%	28.9%	30.3%

Return vs Industry: IDA underperformed the US Electric Utilities industry which returned 29% over the past year.

Return vs Market: IDA underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is IDA's price volatile compared to industry and market?
IDA volatility
IDA Average Weekly Movement	2.2%
Electric Utilities Industry Average Movement	2.4%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: IDA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IDA's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1915	2,106	Lisa Grow	www.idacorpinc.com

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, 2023, it had approximately 4,762 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; 186 energized distribution substations; and 29,714 pole-miles of distribution lines, and 131 MW of battery storage, as well as provides electric utility services to approximately 633,000 retail customers in southern Idaho and eastern Oregon.

IDACORP, Inc. Fundamentals Summary

How do IDACORP's earnings and revenue compare to its market cap?
IDA fundamental statistics
Market cap	US$6.27b
Earnings (TTM)	US$282.56m
Revenue (TTM)	US$1.84b

22.2x

P/E Ratio

3.4x

P/S Ratio

Is IDA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IDA income statement (TTM)
Revenue	US$1.84b
Cost of Revenue	US$1.27b
Gross Profit	US$571.43m
Other Expenses	US$288.87m
Earnings	US$282.56m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	5.30
Gross Margin	31.05%
Net Profit Margin	15.35%
Debt/Equity Ratio	95.3%

How did IDA perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

61%

Payout Ratio

Does IDA pay a reliable dividends?

See IDA dividend history and benchmarks

When do you need to buy IDA by to receive an upcoming dividend?
IDACORP dividend dates
Ex Dividend Date	Nov 05 2024
Dividend Pay Date	Dec 02 2024
Days until Ex dividend	16 days
Days until Dividend pay date	11 days

Does IDA pay a reliable dividends?

See IDA dividend history and benchmarks

IDA Stock Overview

Rewards

Risk Analysis

IDACORP, Inc. Competitors

NYSE:POR

US$4.9b

NYSE:PNW

US$10.3b

NYSE:ALE

US$3.7b

NYSE:TXNM

US$4.3b

Price History & Performance

Recent News & Updates

New minor risk - Shareholder dilution

IDACORP's (NYSE:IDA) Profits Appear To Have Quality Issues

IDACORP (NYSE:IDA) Has Announced That It Will Be Increasing Its Dividend To $0.86

IDACORP, Inc. Revises Financial Guidance for the Full Year 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

IDACORP (NYSE:IDA) Will Pay A Larger Dividend Than Last Year At $0.86

Recent updates

New minor risk - Shareholder dilution

IDACORP's (NYSE:IDA) Profits Appear To Have Quality Issues

IDACORP (NYSE:IDA) Has Announced That It Will Be Increasing Its Dividend To $0.86

IDACORP, Inc. Revises Financial Guidance for the Full Year 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

IDACORP (NYSE:IDA) Will Pay A Larger Dividend Than Last Year At $0.86

Second quarter dividend increased to US$0.86

IDACORP, Inc. Declares Dividend, Payable on December 2, 2024

IDACORP, Inc. to Report Q3, 2024 Results on Oct 31, 2024

Does IDACORP (NYSE:IDA) Have A Healthy Balance Sheet?

Idacorp: There's Still Time To Buy This Dividend Grower Now

IDACORP (NYSE:IDA) Hasn't Managed To Accelerate Its Returns

New minor risk - Shareholder dilution

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Idacorp, Inc. Revises Earnings Guidance for the Year 2024

First quarter dividend of US$0.83 announced

IDACORP, Inc. to Report Q2, 2024 Results on Aug 01, 2024

Risks To Shareholder Returns Are Elevated At These Prices For IDACORP, Inc. (NYSE:IDA)

Calculating The Intrinsic Value Of IDACORP, Inc. (NYSE:IDA)

Idacorp: This Underappreciated Dividend Growth Stock Remains A Buy

IDACORP, Inc. has filed a Follow-on Equity Offering in the amount of $300 million.

IDACORP, Inc.'s (NYSE:IDA) CEO Compensation Looks Acceptable To Us And Here's Why

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

IDACORP, Inc. Reaffirms Earnings Guidance for the Full-Year 2024

IDACORP, Inc. to Report Q1, 2024 Results on May 02, 2024

Fourth quarter dividend of US$0.83 announced

Here's Why IDACORP (NYSE:IDA) Is Weighed Down By Its Debt Load

IDACORP, Inc. Declares Dividend, Payable May 30, 2024

IDACORP, Inc., Annual General Meeting, May 16, 2024

Investors Met With Slowing Returns on Capital At IDACORP (NYSE:IDA)

Idacorp: An Underfollowed Utility Worth Buying Now

Analyst Estimates: Here's What Brokers Think Of IDACORP, Inc. (NYSE:IDA) After Its Full-Year Report

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

IDACORP, Inc. Provides Earnings Guidance for the Full-Year 2024

IDACORP, Inc. to Report Q4, 2023 Results on Feb 15, 2024

Upcoming dividend of US$0.83 per share at 3.6% yield

Is Now The Time To Put IDACORP (NYSE:IDA) On Your Watchlist?

IDACORP, Inc. Declares Dividend, Payable on February 28, 2024

IDACORP, Inc.'s (NYSE:IDA) Shareholders Might Be Looking For Exit

You Should Have Idacorp On Your Watchlist

IDACORP, Inc. Announces Resignation of Kenneth W. Petersen as Vice President, Chief Accounting Officer and Treasurer

IDACORP's (NYSE:IDA) Solid Earnings May Rest On Weak Foundations

New minor risk - Shareholder dilution

IDACORP, Inc. has completed a Follow-on Equity Offering in the amount of $259.999987 million.

IDACORP, Inc. has completed a Follow-on Equity Offering in the amount of $259.999987 million.

IDACORP (NYSE:IDA) Has A Somewhat Strained Balance Sheet

Third quarter 2023 earnings released: EPS: US$2.08 (vs US$2.10 in 3Q 2022)

IDACORP, Inc. Increases Earnings Guidance for the Year 2023

Upcoming dividend of US$0.83 per share at 3.4% yield

IDACORP (NYSE:IDA) Has Announced That It Will Be Increasing Its Dividend To $0.83

IDACORP, Inc. to Report Q3, 2023 Results on Nov 02, 2023

The Returns At IDACORP (NYSE:IDA) Aren't Growing

Idacorp, Inc. Increases Common Stock Dividend 5.1%

Idacorp: Dividends A Positive; Valuations, Economic Value Not So Much

Should You Be Adding IDACORP (NYSE:IDA) To Your Watchlist Today?

A Look At The Intrinsic Value Of IDACORP, Inc. (NYSE:IDA)

IDACORP, Inc. Reaffirms Earnings Guidance for the Full-Year 2023

Second quarter 2023 earnings released: EPS: US$1.35 (vs US$1.27 in 2Q 2022)

These 4 Measures Indicate That IDACORP (NYSE:IDA) Is Using Debt Extensively