IDACORP (IDA) Earns Daily News Impact Rating of 0.11
Media coverage about IDACORP (NYSE:IDA) has trended somewhat positive on Monday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. IDACORP earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media coverage about the coal producer an impact score of 46.7178592660972 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of research firms have recently issued reports on IDA. ValuEngine upgraded shares of IDACORP from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. KeyCorp restated a “hold” rating on shares of IDACORP in a research note on Friday, October 20th. Zacks Investment Research lowered shares of IDACORP from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Finally, BidaskClub raised shares of IDACORP from a “sell” rating to a “hold” rating in a research report on Friday, August 25th.
IDACORP (IDA) traded up $0.37 during trading hours on Monday, reaching $97.60. 213,895 shares of the company were exchanged, compared to its average volume of 188,833. IDACORP has a 1-year low of $75.03 and a 1-year high of $98.43. The company has a market capitalization of $4,899.71, a price-to-earnings ratio of 23.66, a price-to-earnings-growth ratio of 5.24 and a beta of 0.53. The company has a current ratio of 2.03, a quick ratio of 1.53 and a debt-to-equity ratio of 0.78.
IDACORP (NYSE:IDA) last released its quarterly earnings results on Thursday, November 2nd. The coal producer reported $1.80 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.14. IDACORP had a net margin of 15.46% and a return on equity of 9.44%. The business had revenue of $408.32 million for the quarter. During the same period in the prior year, the business posted $1.65 earnings per share. analysts anticipate that IDACORP will post 4.12 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Monday, November 6th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.42%. This is a positive change from IDACORP’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Friday, November 3rd. IDACORP’s dividend payout ratio (DPR) is currently 57.42%.
IDACORP Company Profile
IDACORP, Inc is a holding company. The Company’s principal operating subsidiary is Idaho Power Company (Idaho Power). The Company’s segment is utility operations. The utility operations segment’s primary source of revenue is the regulated operations of Idaho Power. Idaho Power is an electric utility engaged in the generation, transmission, distribution, sale and purchase of electric energy and capacity.
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