IDACORP Net Worth
IDACORP Net Worth Breakdown | IDA |
IDACORP Net Worth Analysis
IDACORP's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including IDACORP's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of IDACORP's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform IDACORP's net worth analysis. One common approach is to calculate IDACORP's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares IDACORP's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing IDACORP's net worth. This approach calculates the present value of IDACORP's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of IDACORP's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate IDACORP's net worth. This involves comparing IDACORP's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into IDACORP's net worth relative to its peers.
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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 net worth research are outlined below:
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Heres Why IdaCorp is a Strong Momentum Stock |
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 |
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 | Fmr Inc | 2024-09-30 | 730.6 K | Gw&k Investment Management, Llc | 2024-09-30 | 724.8 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 704.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 692.3 K | First Trust Advisors L.p. | 2024-06-30 | 639.8 K | Deprince Race & Zollo Inc | 2024-06-30 | 576.1 K | Reaves W H & Co Inc | 2024-09-30 | 569.1 K | Btim Corp | 2024-09-30 | 563.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 537 K | Vanguard Group Inc | 2024-09-30 | 6 M | Blackrock Inc | 2024-06-30 | 5.9 M |
Follow IDACORP's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 6.33 B.Market Cap |
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Project IDACORP's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.04 | 0.06 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.09 | 0.10 |
When accessing IDACORP's net worth, it's important to look at multiple sources and consider different scenarios. 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 Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 16.9 M, whereas Total Assets are forecasted to decline to about 5.1 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 57.47 | 60.34 | |
| Tangible Book Value Per Share | 57.47 | 60.34 | |
| Enterprise Value Over EBITDA | 14.77 | 8.92 | |
| Price Book Value Ratio | 1.72 | 1.22 | |
| Enterprise Value Multiple | 14.77 | 8.92 | |
| Price Fair Value | 1.72 | 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.
Enterprise Value Revenue 4.8789 | Revenue 1.8 B | Quarterly Revenue Growth 0.034 | Revenue Per Share 35.553 | Return On Equity 0.0913 |
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.
IDACORP Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 20th of June 2024 Other Reports | ViewVerify | |
8K | 31st of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
IDACORP Earnings per Share Projection vs Actual
IDACORP Corporate Directors
| Annette Elg | Independent Director | Profile | |
| Richard Navarro | Independent Director | Profile | |
| Ronald Jibson | Independent Director | Profile | |
| Justin Forsberg | Director - Investor Relations | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Electric Utilities space 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 0.024 | Dividend Share 3.32 | Earnings Share 5.43 | Revenue Per Share 35.553 | Quarterly Revenue Growth 0.034 |
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 if IDACORP is a good investment 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.