Media headlines about IDACORP (NYSE:IDA) have been trending somewhat negative recently, according to AlphaOne Sentiment Analysis. AlphaOne, a division of Accern, scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. IDACORP earned a media sentiment score of -0.08 on AlphaOne’s scale. AlphaOne also gave news stories about the company an impact score of 44 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
IDACORP (NYSE:IDA) traded down 0.2653% during midday trading on Thursday, reaching $84.6149. 51,458 shares of the company’s stock traded hands. The stock has a market cap of $4.26 billion, a PE ratio of 21.4759 and a beta of 0.49. IDACORP has a one year low of $69.83 and a one year high of $84.94. The stock’s 50 day moving average price is $82.40 and its 200-day moving average price is $79.12.
IDACORP (NYSE:IDA) last announced its quarterly earnings data on Thursday, February 23rd. The company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.61 by $0.05. IDACORP had a return on equity of 9.41% and a net margin of 15.71%. During the same quarter last year, the company earned $0.63 earnings per share. Equities analysts predict that IDACORP will post $4.00 earnings per share for the current year.
Separately, Zacks Investment Research downgraded shares of IDACORP from a “buy” rating to a “hold” rating in a report on Wednesday, December 28th.
In other news, CFO Steven R. Keen sold 2,966 shares of IDACORP stock in a transaction dated Thursday, March 23rd. The stock was sold at an average price of $83.04, for a total value of $246,296.64. Following the completion of the transaction, the chief financial officer now owns 21,686 shares of the company’s stock, valued at approximately $1,800,805.44. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.91% of the stock is owned by insiders.
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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