The upcoming earnings report for IDACORP, Inc. is set for Wednesday, April 29th, with a consensus estimate EPS of 1.1.
IDACORP, Inc. is currently priced at $146.97, showing a price change of $1.22 (0.837%). The trading volume is $53,345, which is 10.72% relative to the average.
In the latest quarterly earnings on Wednesday, February 18th, IDACORP, Inc. surpassed expectations with an EPS of 0.74. The consensus estimate revenue stood at $533 million.
IDACORP, Inc. offers a forward dividend yield of 2.4%, with a dividend per share MRQ of 88 cents and a TTM of $3.48.
Morgan Stanley upgraded IDACORP, Inc.'s grade to "Overweight" from "Overweight" on April 27, with a hold recommendation at a price of $146.06.
Notable figures include operating cash flow of $137.77 million and a net change in cash of -$117.49 million.
IDACORP, Inc. reported a net income of $43.61 million, with an EPS of 80 cents and a diluted EPS of 78 cents.
Key ratios include a net profit margin of 10.77%, return on equity of 1.22, and a price-to-earnings ratio of 39.35.
The balance sheet highlights total assets of $10.59 billion and total liabilities of $7 billion, indicating a strong financial position for IDACORP, Inc.
This comprehensive overview showcases IDACORP, Inc.'s financial robustness and positive outlook in the market.
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, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.