Press coverage about IDACORP (NYSE:IDA) has trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. IDACORP earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave press coverage about the coal producer an impact score of 47.1691838308361 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of IDACORP from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. KeyCorp restated a “hold” rating on shares of IDACORP in a research report on Friday, September 1st. BidaskClub upgraded shares of IDACORP from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Finally, ValuEngine upgraded shares of IDACORP from a “hold” rating to a “buy” rating in a report on Thursday.
Shares of IDACORP (IDA) traded down $0.12 on Friday, reaching $95.17. 239,100 shares of the company’s stock were exchanged, compared to its average volume of 188,053. The company has a market capitalization of $4,801.95, a PE ratio of 23.18, a P/E/G ratio of 5.14 and a beta of 0.53. The company has a quick ratio of 1.53, a current ratio of 2.03 and a debt-to-equity ratio of 0.78. IDACORP has a twelve month low of $74.27 and a twelve month high of $95.57.
IDACORP (NYSE:IDA) last released its quarterly earnings data on Thursday, November 2nd. The coal producer reported $1.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.66 by $0.14. IDACORP had a net margin of 15.46% and a return on equity of 9.44%. The company had revenue of $408.32 million for the quarter. During the same period last year, the company earned $1.65 EPS. research analysts forecast that IDACORP will post 4.12 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Monday, November 6th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date is Friday, November 3rd. This is a positive change from IDACORP’s previous quarterly dividend of $0.55. IDACORP’s dividend payout ratio is currently 57.42%.
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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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