Is IDACORP Stock a Good Investment?

IDACORP Investment Advice

IDA

To provide specific investment advice or recommendations on IDACORP stock, we recommend investors consider the following general factors when evaluating IDACORP. This will help you to make an informed decision on whether to include IDACORP in one of your diversified portfolios:

Examine IDACORP's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research IDACORP's leadership team and their track record. Good management can help IDACORP navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Electric Utilities space and any emerging trends that could impact IDACORP's business and its evolving consumer preferences.
Compare IDACORP's performance and market position to its competitors. Analyze how IDACORP is positioned in terms of product offerings, innovation, and market share.
Check if IDACORP pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about IDACORP's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in IDACORP stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if IDACORP is a good investment.

Sell

Buy

Macroaxis provides trade advice on IDACORP to complement and cross-verify current analyst consensus on IDACORP. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure IDACORP is not overpriced, please check out all IDACORP fundamentals, including its shares owned by institutions, price to sales, and the relationship between the shares outstanding and price to earning . Given that IDACORP has a price to earning of 22.84 X, we strongly advise you to confirm IDACORP market performance and probability of bankruptcy to ensure the company can sustain itself in the coming quarters given your latest risk tolerance and investing horizon.

Market Performance	Very Weak	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Fairly Valued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Slowly supersedes the market	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine IDACORP Stock

Researching IDACORP's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 88.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.79. Some equities with similar Price to Book (P/B) outperform the market in the long run. IDACORP has Price/Earnings To Growth (PEG) ratio of 2.08. The entity recorded earning per share (EPS) of 5.43. The firm last dividend was issued on the 5th of February 2025. IDACORP had 2:1 split on the 7th of June 1985.

To determine if IDACORP is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding IDACORP's research are outlined below:

	IDACORP generated a negative expected return over the last 90 days
	Over 88.0% of the company shares are owned by institutional investors
	Latest headline from finance.yahoo.com: MDU Resources Announces New Vice Chair of the Board of Directors

IDACORP Quarterly Liabilities And Stockholders Equity

9.11 Billion

IDACORP uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in IDACORP. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to IDACORP's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	15th of February 2024 Upcoming Quarterly Report	View
	2nd of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	15th of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact IDACORP's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises IDACORP's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2013-02-21	2012-12-31	0.3	0.33	0.03	10
2012-02-22	2011-12-31	0.21	0.18	-0.03	14
2003-02-07	2002-12-31	-0.04	-0.08	-0.04	100
2011-02-23	2010-12-31	0.36	0.41	0.05	13
2014-02-20	2013-12-31	0.49	0.55	0.06	12
2007-08-08	2007-06-30	0.36	0.42	0.06	16
1998-10-27	1998-09-30	0.53	0.59	0.06	11
2010-05-06	2010-03-31	0.41	0.34	-0.07	17

IDACORP Target Price Consensus

IDACORP target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. IDACORP's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.

Buy

Most IDACORP analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand IDACORP stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of IDACORP, talking to its executives and customers, or listening to those companies' conference calls.

Macroaxis Advice Exposure Valuation

IDACORP Target Price Projection

IDACORP's current and average target prices are 109.78 and 117.75, respectively. The current price of IDACORP is the price at which IDACORP is currently trading. On the other hand, IDACORP's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

IDACORP Market Quote on 16th of February 2025

Low Price	109.55	Odds
High Price	112.31	Odds

109.78 Target Price

Analyst Consensus On IDACORP Target Price

Low Estimate	107.15	Odds
High Estimate	130.7	Odds

117.75

Historical

Lowest Forecast 107.15

Target Price 117.75

Highest Forecast 130.7

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on IDACORP and the information provided on this page.

IDACORP Analyst Ratings

IDACORP's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about IDACORP stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of IDACORP's financials, market performance, and future outlook by experienced professionals. IDACORP's historical ratings below, therefore, can serve as a valuable tool for investors.

Know IDACORP's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as IDACORP is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading IDACORP backward and forwards among themselves. IDACORP's institutional investor refers to the entity that pools money to purchase IDACORP's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Neuberger Berman Group Llc	2024-09-30	763.5 K
Fmr Inc	2024-09-30	730.6 K
Gw&k Investment Management, Llc	2024-12-31	721.8 K
Dimensional Fund Advisors, Inc.	2024-09-30	704.2 K
Charles Schwab Investment Management Inc	2024-12-31	699.6 K
Jpmorgan Chase & Co	2024-09-30	686.8 K
First Trust Advisors L.p.	2024-09-30	618.2 K
Btim Corp	2024-12-31	564.2 K
Principal Financial Group Inc	2024-12-31	544.6 K
Blackrock Inc	2024-09-30	6.5 M
Vanguard Group Inc	2024-09-30	6 M

Note, although IDACORP's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

IDACORP's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 5.85 B.

Market Cap

1 Billion

IDACORP's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.03	0.03
Return On Capital Employed	0.05	0.06
Return On Assets	0.03	0.03
Return On Equity	0.09	0.10

The company has Net Profit Margin of 0.15 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.26 %, which entails that for every 100 dollars of revenue, it generated $0.26 of operating income.

Determining IDACORP's profitability involves analyzing its financial statements and using various financial metrics to determine if IDACORP is a good buy. For example, gross profit margin measures IDACORP's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of IDACORP's profitability and make more informed investment decisions.

Please note, the presentation of IDACORP's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IDACORP's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IDACORP's management manipulating its earnings.

Evaluate IDACORP's management efficiency

IDACORP has Return on Asset of 0.0229 % which means that on every $100 spent on assets, it made $0.0229 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0913 %, implying that it generated $0.0913 on every 100 dollars invested. IDACORP's management efficiency ratios could be used to measure how well IDACORP manages its routine affairs as well as how well it operates its assets and liabilities. At present, IDACORP's Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, IDACORP's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 235.4 M, whereas Total Assets are forecasted to decline to about 5.1 B.

	Last Reported	Projected for Next Year
Book Value Per Share	51.72	27.02
Tangible Book Value Per Share	51.72	26.45
Enterprise Value Over EBITDA	11.12	8.86
Price Book Value Ratio	1.54	1.22
Enterprise Value Multiple	11.12	8.86
Price Fair Value	1.54	1.22
Enterprise Value	2.5 B	2.7 B

Management at IDACORP focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.

Dividend Yield

0.0313

Forward Dividend Yield

0.0313

Forward Dividend Rate

3.44

Beta

0.652

Basic technical analysis of IDACORP Stock

As of the 16th of February 2025, IDACORP owns the Coefficient Of Variation of (3,046), standard deviation of 1.12, and Market Risk Adjusted Performance of (0.09). IDACORP technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices.

IDACORP's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific IDACORP insiders, such as employees or executives, is commonly permitted as long as it does not rely on IDACORP's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases IDACORP insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		James Hanchey over two weeks ago Disposition of 492 shares by James Hanchey of IDACORP subject to Rule 16b-3
		Adam Richins over three weeks ago Acquisition by Adam Richins of 1996 shares of IDACORP subject to Rule 16b-3
		Ryan Adelman over a month ago Disposition of 511 shares by Ryan Adelman of IDACORP subject to Rule 16b-3
		Mitch Colburn over three months ago Disposition of 702 shares by Mitch Colburn of IDACORP at 88.67 subject to Rule 16b-3
		Mitch Colburn over three months ago Acquisition by Mitch Colburn of 1442 shares of IDACORP subject to Rule 16b-3
		Mark Peters over six months ago Acquisition by Mark Peters of 1588 shares of IDACORP subject to Rule 16b-3
		James Hanchey over six months ago Disposition of 250 shares by James Hanchey of IDACORP at 99.19 subject to Rule 16b-3
		Brian Buckham over six months ago Disposition of 2487 shares by Brian Buckham of IDACORP at 88.67 subject to Rule 16b-3
		James Hanchey over six months ago Disposition of 1500 shares by James Hanchey of IDACORP at 95.0878 subject to Rule 16b-3
		Dennis Johnson over six months ago Acquisition by Dennis Johnson of 1588 shares of IDACORP subject to Rule 16b-3
		Julia Hilton over six months ago Acquisition by Julia Hilton of 204 shares of IDACORP subject to Rule 16b-3
		Annette Elg over six months ago Acquisition by Annette Elg of 1588 shares of IDACORP subject to Rule 16b-3

IDACORP's Outstanding Corporate Bonds

IDACORP issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. IDACORP uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most IDACORP bonds can be classified according to their maturity, which is the date when IDACORP has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	US451102CC97 Corp Bond US451102CC97	View
	Icahn Enterprises 525 Corp Bond US451102BZ91	View
	Icahn Enterprises 625 Corp Bond US451102BT32	View
	MPLX LP 4125 Corp Bond US55336VAK61	View
	MPLX LP 4875 Corp Bond US55336VAJ98	View
	MPLX LP 52 Corp Bond US55336VAL45	View
	ICICI 4 18 MAR 26 Corp Bond US45112FAJ57	View
	Valero Energy Partners Corp Bond US91914JAA07	View

View All IDACORP Corporate Bonds

Understand IDACORP's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing IDACORP's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	(0.02)
	Market Risk Adjusted Performance	(0.09)
	Mean Deviation	0.778
	Coefficient Of Variation	(3,046)
	Standard Deviation	1.12
	Variance	1.26
	Information Ratio	(0.04)
	Jensen Alpha	(0.05)
	Total Risk Alpha	(0.05)
	Treynor Ratio	(0.10)
	Maximum Drawdown	6.41
	Value At Risk	(1.56)
	Potential Upside	1.41
	Skewness	(0.74)
	Kurtosis	2.63

	Risk Adjusted Performance	(0.02)
	Market Risk Adjusted Performance	(0.09)
	Mean Deviation	0.778
	Coefficient Of Variation	(3,046)
	Standard Deviation	1.12
	Variance	1.26
	Information Ratio	(0.04)
	Jensen Alpha	(0.05)
	Total Risk Alpha	(0.05)
	Treynor Ratio	(0.10)
	Maximum Drawdown	6.41
	Value At Risk	(1.56)
	Potential Upside	1.41
	Skewness	(0.74)
	Kurtosis	2.63

Consider IDACORP's intraday indicators

IDACORP intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of IDACORP stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0246
	Daily Balance Of Power	(0.63)
	Rate Of Daily Change	0.98
	Day Median Price	110.93
	Day Typical Price	110.55
	Market Facilitation Index	2.76
	Price Action Indicator	(2.02)
	Period Momentum Indicator	(1.74)
	Relative Strength Index	53.23

IDACORP Corporate Filings

8K	13th of February 2025 Report filed with the SEC to announce major events that shareholders should know about	View Verify
	10th of February 2025 Other Reports	View Verify
F4	3rd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
13A	14th of November 2024 An amended filing to the original Schedule 13G	View Verify

IDACORP time-series forecasting models is one of many IDACORP's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary IDACORP's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

IDACORP Stock media impact

Far too much social signal, news, headlines, and media speculation about IDACORP that are available to investors today. That information is available publicly through IDACORP media outlets and privately through word of mouth or via IDACORP internal channels. However, regardless of the origin, that massive amount of IDACORP data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of IDACORP news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of IDACORP relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to IDACORP's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive IDACORP alpha.

IDACORP Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards IDACORP can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

IDACORP Historical Investor Sentiment

Investor biases related to IDACORP's public news can be used to forecast risks associated with an investment in IDACORP. The trend in average sentiment can be used to explain how an investor holding IDACORP can time the market purely based on public headlines and social activities around IDACORP. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

IDACORP's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for IDACORP and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average IDACORP news discussions. The higher the estimate score, the more favorable the investor's outlook on IDACORP.

IDACORP Maximum Pain Price Across May 16th 2025 Option Contracts

IDACORP's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of IDACORP close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of IDACORP's options.

IDACORP Corporate Directors

Annette Elg	Independent Director	Profile
Richard Navarro	Independent Director	Profile
Ronald Jibson	Independent Director	Profile
Justin Forsberg	Director - Investor Relations	Profile

When determining whether IDACORP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IDACORP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Idacorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Idacorp Stock: