EPS for IDACORP, Inc. (IDA) Expected At $1.75

September 30, 2018 - By Mary Kidd

IDACORP, Inc. (NYSE:IDA) LogoInvestors sentiment increased to 1.32 in Q2 2018. Its up 0.16, from 1.16 in 2018Q1. It is positive, as 17 investors sold IDACORP, Inc. shares while 75 reduced holdings. 39 funds opened positions while 82 raised stakes. 37.56 million shares or 0.77% less from 37.86 million shares in 2018Q1 were reported.
Federated Invsts Pa accumulated 55,740 shares. Renaissance Technologies Ltd Liability Co accumulated 900,100 shares. Virginia Retirement Systems Et Al holds 0.2% of its portfolio in IDACORP, Inc. (NYSE:IDA) for 172,600 shares. Capstone Fin Advisors, a Illinois-based fund reported 2,334 shares. Bessemer Gru Incorporated accumulated 23,300 shares. Acadian Asset Management Limited Liability Company accumulated 3,494 shares or 0% of the stock. Sei Invs holds 0% or 13,594 shares. Commercial Bank Of Mellon reported 0.03% stake. Delta Asset Management Ltd Liability Corporation Tn invested in 0.03% or 2,076 shares. Guggenheim Cap Limited Liability invested in 0.01% or 12,672 shares. Cetera Advsrs Llc reported 5,500 shares or 0.03% of all its holdings. Louisiana State Employees Retirement reported 13,600 shares. Northern invested 0.03% in IDACORP, Inc. (NYSE:IDA). Parametric Portfolio Associate Ltd Limited Liability Company owns 0.01% invested in IDACORP, Inc. (NYSE:IDA) for 148,057 shares. Smith Asset Mngmt Group Inc L P reported 307 shares.

Since June 14, 2018, it had 0 insider buys, and 1 insider sale for $252,897 activity.

Analysts expect IDACORP, Inc. (NYSE:IDA) to report $1.75 EPS on November, 1.They anticipate $0.05 EPS change or 2.78 % from last quarter’s $1.8 EPS. IDA’s profit would be $88.18 million giving it 14.18 P/E if the $1.75 EPS is correct. After having $1.23 EPS previously, IDACORP, Inc.’s analysts see 42.28 % EPS growth. The stock increased 1.49% or $1.46 during the last trading session, reaching $99.23. About 244,886 shares traded or 25.91% up from the average. IDACORP, Inc. (NYSE:IDA) has risen 10.94% since September 30, 2017 and is uptrending. It has underperformed by 4.68% the S&P500.

IDACORP, Inc. (NYSE:IDA) Ratings Coverage

Among 2 analysts covering Idacorp (NYSE:IDA), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Idacorp had 2 analyst reports since June 4, 2018 according to SRatingsIntel. On Monday, September 17 the stock rating was maintained by Wells Fargo with “Market Perform”. Williams Capital Group downgraded the stock to “Sell” rating in Monday, June 4 report.

IDACORP, Inc., through its subsidiary, Idaho Power Company, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company has market cap of $5.00 billion. 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. It has a 22.01 P/E ratio. As of December 31, 2016, the firm provided electric service to approximately 535,000 general business customers; and had a network of approximately 4,861 pole-miles of high-voltage transmission lines, 24 step-up transmission substations located at power plants, 24 transmission substations, 10 switching stations, 223 energized distribution substations, and approximately 27,263 pole-miles of distribution lines.

IDACORP, Inc. (NYSE:IDA) Institutional Positions Chart

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