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Idacorp, Inc. - IDA STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Idacorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Idacorp's position in the market.

Rhea-AI Summary
IDACORP, Inc. (NYSE:IDA) is set to release its first-quarter 2024 earnings on May 2. The company will host an analyst conference call to discuss the results. IDACORP is a Boise, Idaho-based holding company operating in the electric utility sector, with a focus on clean energy and affordable prices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
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Rhea-AI Summary
IDACORP, Inc. (NYSE:IDA) declares a common stock dividend of $0.83 per share, payable on May 30, 2024, to shareholders of record as of May 6, 2024.
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End-of-Day
1.76%
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Rhea-AI Summary
Prevalon Energy , a Mitsubishi Power Americas company, has secured a contract with Idaho Power for a Battery Energy Storage System (BESS) project, enhancing grid resiliency. The project, with up to 328 MWh capacity, aligns with Idaho Power's clean energy goals and will support the integration of wind and solar energy. Prevalon's comprehensive BESS solution includes maintenance and monitoring services, showcasing the company's expertise in energy storage solutions.
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Rhea-AI Summary
IDACORP, Inc. (IDA) reported fourth-quarter 2023 net income of $31.3 million, a decrease from the previous year. Full-year 2023 net income was $261.2 million, showing a slight increase from 2022. The company attributes the growth to customer expansion and operational efficiency. IDACORP initiated its 2024 earnings guidance, expecting $5.25 to $5.45 per diluted share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
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Rhea-AI Summary
IDACORP, Inc. (NYSE:IDA) will report its fourth quarter results on February 15, 2023, followed by an analyst conference call to discuss the earnings. The company, formed in 1998, is a holding company comprised of Idaho Power Company, IDACORP Financial, and Ida-West Energy, serving a 24,000 square-mile area in southern Idaho and eastern Oregon. Idaho Power aims for 100% clean energy by 2045 and provides affordable electricity prices to over 630,000 customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
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News
Rhea-AI Summary
IDACORP, Inc. (NYSE:IDA) has declared a common stock dividend of $0.83 per share, payable on February 28, 2024, to holders of record on February 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
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dividends
Rhea-AI Summary
IDACORP, Inc. (NYSE:IDA) announced the appointment of Amy Shaw as Vice President of Finance, Compliance, and Risk. Shaw brings 20 years of experience with Idaho Power, holding various leadership positions. IDACORP, the holding company of Idaho Power, aims to provide 100% clean energy by 2045 and has a strong focus on affordable prices and reliable service.
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IDACORP, Inc. (NYSE: IDA) announces a public offering of 2,801,724 shares of common stock at a price of $92.80 per share, with an option for underwriters to purchase an additional 420,258 shares. Wells Fargo Securities and Morgan Stanley are joint lead bookrunners with BofA Securities and Mizuho acting as bookrunners. The offering is expected to close soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
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Rhea-AI Summary
IDACORP, Inc. (NYSE: IDA) commences $260 million public offering of common stock, with an option for underwriters to purchase an additional $39 million. Forward sale agreement with Morgan Stanley expected to be settled within 12 months. The offering is made pursuant to an effective shelf registration statement filed with the SEC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
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Rhea-AI Summary
IDACORP, Inc. (NYSE: IDA) reported a net income of $105.3 million for Q3 2023, compared to $106.4 million in Q3 2022. The company raised its full-year 2023 earnings guidance to a range of $5.05 to $5.15 per diluted share. IDACORP attributed the decrease in net income to lower net income at Idaho Power, resulting from weather-related reductions in usage per customer. However, customer growth and productive regulatory outcomes benefited the company's results. IDACORP also reached a settlement in its Idaho general rate case, pending approval from the Idaho Public Utilities Commission.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.96%
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Idacorp, Inc.

NYSE:IDA

IDA Rankings

IDA Stock Data

4.57B
50.32M
0.47%
90.16%
2.55%
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Boise

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