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IDACORP, Inc. - IDA STOCK NEWS

Welcome to our dedicated page for IDACORP news (Ticker: IDA), a resource for investors and traders seeking the latest updates and insights on IDACORP stock.

IDACORP, Inc. (symbol: IDA) is a prominent holding company that plays a significant role in the electric utility sector. Through its subsidiaries, IDACORP is actively engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. The company operates a diverse portfolio of power plants, including hydroelectric, coal-fired, gas-fired, and diesel-fired facilities, predominantly located across the Northwestern United States.

IDACORP's hydroelectric and coal-fired plants are particularly notable, as they account for the majority of the company's total energy production. The company's revenue is primarily derived from the sale of electricity to a broad customer base, including residential, commercial, and industrial consumers. Most of IDACORP’s customers are residential consumers residing in the Northwestern United States. However, commercial and industrial consumers also contribute significantly to its revenue streams.

In recent years, IDACORP has achieved several milestones and continues to focus on sustainable energy practices and innovations. The company's ongoing projects aim to enhance the efficiency and reliability of its power generation and distribution networks. IDACORP is also actively involved in strategic partnerships and initiatives to further its commitment to providing clean and reliable energy solutions.

The financial condition of IDACORP remains robust, supported by steady revenue from its diverse customer base and strategic investments in infrastructure and technology. As the energy landscape continues to evolve, IDACORP is well-positioned to leverage its extensive experience and resources to meet the growing demand for clean and efficient energy.

For the latest updates and developments related to IDACORP, Inc. and its stock performance, stay tuned to StockTitan and keep an eye on recent news and events.

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IDACORP, Inc. (NYSE: IDA) approves 5.1% increase in quarterly cash dividend to $0.83 per share, resulting in a cumulative dividend increase of 177% since 2011 and average annual dividend growth rate of 8.1%. Management plans to recommend future annual increases of around 5%.
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IDACORP, Inc. (NYSE: IDA) reported a second quarter 2023 net income of $68.6 million, a 6.7% increase from the same period in 2022. The company credits customer growth, a mid-year rate change, and lower maintenance costs for the positive results. IDACORP reaffirms its full-year 2023 earnings guidance of $4.95 to $5.15 per diluted share.
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IDACORP, Inc. will report its second quarter results on August 3. The company will hold an analyst conference call to discuss the earnings. Idaho Power, a regulated electric utility, aims for 100% clean energy by 2045.
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Nate Jorgensen and Susan Morris have been named to the board of directors of IDACORP, Inc. and Idaho Power. Jorgensen is the CEO of Boise Cascade Company and Morris is the Executive Vice President and COO at Albertsons Companies. They will offer valuable insights into serving customers with reliable, affordable, clean energy.
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rPlus Energies announces a long-term power purchase agreement with Idaho Power for a new 200 MW solar facility in Ada County, Idaho. The project will support Meta's nearby data center in Kuna, ID.
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BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE:IDA) has announced a quarterly common stock dividend of $0.79 per share. This dividend will be payable on May 31, 2023 to shareholders on record as of May 3, 2023. This announcement reflects the company’s commitment to returning value to its shareholders through regular dividend payments.

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IDACORP, Inc. (NYSE:IDA) is set to announce its first quarter results on May 4, prior to the market opening. An analyst conference call is scheduled for 2:30 PM MT to discuss these earnings. Interested participants can join via a live Webcast or dial in at (855) 761-5600 using the passcode 3990987. This call will also feature a slide presentation available for registrants before the call. IDACORP is based in Boise, Idaho, operating through Idaho Power and other subsidiaries. The company aims for 100% clean energy by 2045, emphasizing its commitment to affordable and reliable energy.

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FAQ

What is the current stock price of IDACORP (IDA)?

The current stock price of IDACORP (IDA) is $108.78 as of December 20, 2024.

What is the market cap of IDACORP (IDA)?

The market cap of IDACORP (IDA) is approximately 5.8B.

What is IDACORP, Inc.?

IDACORP, Inc. is a holding company engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity.

Where does IDACORP operate?

IDACORP operates primarily in the Northwestern United States, with a portfolio of hydroelectric, coal-fired, gas-fired, and diesel-fired power plants.

What type of power plants does IDACORP own?

IDACORP owns hydroelectric, coal-fired, gas-fired, and diesel-fired power plants.

Who are IDACORP's main customers?

IDACORP's main customers are residential consumers in the Northwestern United States, as well as commercial and industrial consumers.

What recent achievements has IDACORP accomplished?

IDACORP has focused on sustainable energy practices, efficiency improvements, and strategic partnerships to enhance its power generation and distribution networks.

How does IDACORP generate revenue?

IDACORP generates revenue primarily from the sale of electricity to retail and wholesale customers.

What is the significance of IDACORP's hydroelectric and coal-fired plants?

IDACORP's hydroelectric and coal-fired plants are significant as they account for the majority of the company's total energy production.

How is IDACORP's financial condition?

IDACORP has a robust financial condition, supported by steady revenue from a diverse customer base and strategic investments.

What is IDACORP’s approach to sustainability?

IDACORP is committed to sustainable energy practices and continually invests in projects that enhance efficiency and reliability.

How can I stay updated on IDACORP's latest news?

You can stay updated on IDACORP's latest news by following StockTitan for recent updates and events related to the company.

IDACORP, Inc.

NYSE:IDA

IDA Rankings

IDA Stock Data

5.80B
53.04M
0.45%
85.9%
2.08%
Utilities - Regulated Electric
Electric Services
Link
United States of America
BOISE