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Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. We’d like to share more about how we work and what drives our day-to-day business. Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. We highlight the cheapest stocks among the 14 new entrants to the Morningstar Dividend Yield Focus Index.
Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Idaho Power began operations in 1916 and employs approximately 2,000 people to serve a 24,000 square-mile service area in southern Idaho and eastern Oregon.
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Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. The Company operates through its subsidiary, Idaho Power Company . Idaho Power provides electric utility service to over 618,000 retail customers in southern… 20.15 PEG The ratio between the P/E ratio and the growth rate of the company’s earnings per share in the last twelve months.
Idacorp’s Return On Capital Employed Overview
IDACORP updated its FY 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share guidance of $4.95-$5.15 for the period, compared to the consensus estimate of $5.14. The company’s average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Is Ida a good stock to buy?
Analyst Forecast
According to 9 analysts, the average rating for IDA stock is ‘Buy.’ The 12-month stock price forecast is $117.3, which is an increase of 13.45% from the latest price.
Our calculations are based on comprehensive, delayed quotes. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations.
Momentum Rank
The All Others segment consists of IFS’s investments in affordable housing developments and historic rehabilitation projects and Ida-West’s joint venture investments in small hydropower generation projects. On average, Wall Street analysts predict that Idacorp’s share price could reach $110.00 by Feb 17, 2024. The average Idacorp stock price prediction forecasts a potential upside of 2.28% from the current IDA share price of $107.55.
Consider these three stocks to help protect your investments from a potential economic downturn. Ryan Downie Some investors are looking at the latest economic data and worrying that the recession will worsen in 2021, spelling potential disaster fo… The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. IDACORP has received a 24.60% net impact score from Upright. The technique has proven to be very useful for finding positive surprises. Idacorp reported an EPS of $0.83 in its last earnings report, beating expectations of $0.825.
71.39 Earnings per Share Earnings divided by outstanding shares. 0.0 Outstanding Shares The number of shares the company has issued and are held by stockholders. $7.23 Billion Dividend Yield Yearly payout to shareholders per share.
Idacorp Inc is a holding company that, through its subsidiaries, acts as an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. To do this, Idacorp owns and operates a portfolio of hydroelectric, coal-fired, gas-fired, and diesel-fired power plants located across the Northwestern United States. The company’s hydroelectric and coal-fired plants are responsible for Majority of its total energy production. Idacorp mainly generates revenue from the sale of electricity to retail and wholesale customers. The Majority of the company’s customers are residential consumers living in the Northwestern United States, while commercial and industrial consumers also represent important revenue streams.
Analyst Coverage
The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company. In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares. 3 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for IDACORP in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should “hold” IDA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IDA, but not buy additional shares or sell existing shares.
The percentage indicates the payout in relation to the share price. IDA initiated its 2022 earnings per share guidance in the range of $4.85-$5.05. IDACORP’s first-quarter earnings were higher than the year-ago level. The company continues to enjoy the benefit of customer addition and increase in per customer related usage.
- Idacorp’s price/earnings ratio of 21.05 is within a 15% range of the industry average for electric services stocks listed on the NYSE.
- Idaho Power is regulated primarily by the state utility regulatory commissions of Idaho and Oregon and the Federal Energy Regulatory Commission .
- IDACORP’s fourth-quarter earnings are better than expected and the company continues to benefit from new customer additions.
- Scott Levine While the S&P 500 continues to rip higher, savvy investors know that the market’s upward trajectory can’t proceed indefinitely.
- The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
For US and Canadian Stocks, the Overview page includes key statistics on the stock’s fundamentals, with a link to see more. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the requested email address. You must click the activation link in order to complete your subscription.
Ex-Div Reminder for Idacorp (IDA)
The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
The IDACORP 52-week high stock price is 118.92, which is 10.6% above the current share price. 3.43% Return on Invested Capital Return on invested capital is net income after dividends divided by the sum of debt and equity. https://day-trading.info/ It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. The price-earnings ratio is the ratio between the price per share and the earnings per share.
What is IDA price target?
Idacorp Inc (NYSE:IDA)
The 5 analysts offering 12-month price forecasts for Idacorp Inc have a median target of 117.00, with a high estimate of 120.00 and a low estimate of 112.00.
This Trade Strategy Outpaces Almost AnythingDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. 3 people have searched for IDA on MarketBeat in the last 30 days. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. All values as of most recently reported quarter unless otherwise noted.
SectorIndustryMarket CapRevenue UtilitiesUtility – Electric Power Distribution$5.373B$1.644B IDACORP, Inc. is a regulated utility.? The company is engaged in the transmission, distribution and sale of electricity services in southern Idaho and eastern Oregon through its primary subsidiary Idaho Power Company . Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. The All Others segment consists of IFS’s investments in affordable housing developmen…
The Barchart Technical Opinion rating is a 8% Sell with a Weakest short term outlook on maintaining the current direction. PNM Resources’ third-quarter earnings come in better than expected on strong performance of its PNM and TNMP segments. Total Q4 earnings of Utility stocks are expected to improve 2.8% year over year, while revenues are likely to slip 0.7%.
Company logos are from the CompaniesLogo.com logo database and belong to their respective copyright holders. Companies Marketcap displays them for editorial purposes only. Stock prices are delayed, the delay can range from a few minutes to several hours. 120-megawatt Jackpot Solar project will be company’s first renewable energy facility in the state.
It’s calculated by multiplying the share price by the number of outstanding shares. The market capitalization is the market value of the company. This score is calculated as an average nettradex for ifc markets on the app store of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This news sentiment score is similar to the average news sentiment of Utilities companies.
What is IDA price target?
Idacorp Inc (NYSE:IDA)
The 5 analysts offering 12-month price forecasts for Idacorp Inc have a median target of 117.00, with a high estimate of 120.00 and a low estimate of 112.00.
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