What is the price-to-earnings ratio of Idacorp?
The price-earnings ratio of Idacorp is currently 16.6.
Idacorp P/E 2024
Idacorp P/E
16.6
Ticker
IDA
ISIN
US4511071064
WKN
916694
As of Sep 14, 2024, Idacorp's P/E ratio was 16.6, a -17.66% change from the 20.16 P/E ratio recorded in the previous year.
The Idacorp P/E history
Idacorp Aktienanalyse
What does Idacorp do?
Idacorp Inc is a US energy company based in Boise, Idaho. The company was founded in 1915 and has been listed on the New York Stock Exchange since 1994. Idacorp offers a wide range of energy products and services, ranging from power supply to energy efficiency to renewable energy. Idacorp operates through two subsidiaries, Idaho Power Company and IDACORP Energy, which cover different business areas. Idaho Power Company is the largest electricity supplier in Idaho and Oregon, serving over 560,000 customers in these states. It operates a power distribution network of nearly 50,000 km, covering an area of over 80,000 km². IDACORP Energy specializes in selling electricity to Independent Power Producers and operates its own energy generation facilities. Idacorp is particularly active in the renewable energy sector. The company operates several wind and solar power plants and is also involved in large hydropower projects. Idacorp actively promotes the development of clean energy and aims for long-term carbon-free electricity generation. In addition to energy generation, Idacorp also offers various services to increase energy efficiency. The company supports its customers in implementing energy-saving programs and provides training and consultancy in this area. Idacorp is an innovative company and utilizes state-of-the-art technologies to improve energy supply. For example, the company has created a smart grid that allows for more efficient energy distribution. The smart grid also enables the integration of decentralized energy generation facilities such as solar panels into the network. Overall, Idacorp is a solid energy company with a long history and diversified business activities. It offers a variety of energy products and services tailored to the needs of its customers. The company also focuses on renewable energy and strives for carbon-free electricity generation. Due to its innovation and commitment to sustainable energy, Idacorp is highly respected in the industry. Idacorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Idacorp's P/E Ratio
The Price to Earnings (P/E) Ratio of Idacorp is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Idacorp's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Idacorp is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Idacorp’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Idacorp stock
How has the price-earnings ratio of Idacorp changed compared to last year?
The price-to-earnings ratio of Idacorp has increased by -17.66% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Idacorp high compared to other companies?
Yes, the price-to-earnings ratio of Idacorp is high compared to other companies.
How does an increase in the price-earnings ratio of Idacorp affect the company?
An increase in the price-earnings ratio of Idacorp would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Idacorp affect the company?
A decrease in the price-earnings ratio of Idacorp would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Idacorp?
Some factors that influence the price-earnings ratio of Idacorp are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Idacorp pay?
Over the past 12 months, Idacorp paid a dividend of 3.2 USD . This corresponds to a dividend yield of about 3.1 %. For the coming 12 months, Idacorp is expected to pay a dividend of 3.32 USD.
What is the dividend yield of Idacorp?
The current dividend yield of Idacorp is 3.1 %.
When does Idacorp pay dividends?
Idacorp pays a quarterly dividend. This is distributed in the months of November, March, June, September.
How secure is the dividend of Idacorp?
Idacorp paid dividends every year for the past 25 years.
What is the dividend of Idacorp?
For the upcoming 12 months, dividends amounting to 3.32 USD are expected. This corresponds to a dividend yield of 3.21 %.
In which sector is Idacorp located?
Idacorp is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Idacorp kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Idacorp from 8/30/2024 amounting to 0.83 USD, you needed to have the stock in your portfolio before the ex-date on 8/5/2024.
When did Idacorp pay the last dividend?
The last dividend was paid out on 8/30/2024.
What was the dividend of Idacorp in the year 2023?
In the year 2023, Idacorp distributed 3.04 USD as dividends.
In which currency does Idacorp pay out the dividend?
The dividends of Idacorp are distributed in USD.
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Andere Kennzahlen von Idacorp
Our stock analysis for Idacorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Idacorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
