IDACORP (NYSE:IDA) is set to announce its earnings results before the market opens on Thursday, February 21st. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
NYSE:IDA opened at $97.17 on Thursday. The company has a current ratio of 2.33, a quick ratio of 1.86 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $4.95 billion, a P/E ratio of 23.08, a P/E/G ratio of 8.68 and a beta of 0.42. IDACORP has a 12 month low of $80.29 and a 12 month high of $102.44.
The business also recently declared a quarterly dividend, which will be paid on Thursday, February 28th. Investors of record on Tuesday, February 5th will be issued a $0.63 dividend. The ex-dividend date is Monday, February 4th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.59%. IDACORP’s dividend payout ratio (DPR) is presently 59.86%.
Separately, Zacks Investment Research cut shares of IDACORP from a “buy” rating to a “hold” rating in a report on Monday, January 7th.
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IDACORP, Inc, through its subsidiary, Idaho Power Company, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. It operates 17 hydroelectric generating plants located in southern Idaho and eastern Oregon, as well as 3 natural gas-fired plants in southern Idaho; and owns interests in 3 coal-fired steam electric generating plants located in Wyoming, Nevada, and Oregon.
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