Should I buy or sell Intrepid Potash stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intrepid Potash in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IPI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IPI, but not buy additional shares or sell existing shares. View IPI analyst ratings or view top-rated stocks .

What is Intrepid Potash's stock price target for 2024?

1 equities research analysts have issued 12-month price objectives for Intrepid Potash's shares. Their IPI share price targets range from $21.00 to $21.00. On average, they predict the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price. View analysts price targets for IPI or view top-rated stocks among Wall Street analysts .

How have IPI shares performed in 2024?

Intrepid Potash's stock was trading at $23.89 on January 1st, 2024. Since then, IPI shares have decreased by 18.2% and is now trading at $19.54. View the best growth stocks for 2024 here .

Are investors shorting Intrepid Potash?

Intrepid Potash saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 444,200 shares, a decline of 9.5% from the March 15th total of 490,800 shares. Based on an average daily volume of 117,100 shares, the days-to-cover ratio is currently 3.8 days. Approximately 4.6% of the company's shares are short sold. View Intrepid Potash's Short Interest .

When is Intrepid Potash's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our IPI earnings forecast .

How were Intrepid Potash's earnings last quarter?

Intrepid Potash, Inc. (NYSE:IPI) issued its earnings results on Wednesday, March, 6th. The basic materials company reported ($0.41) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by $0.20. The basic materials company had revenue of $49.04 million for the quarter, compared to analysts' expectations of $41.63 million. Intrepid Potash had a negative net margin of 12.78% and a negative trailing twelve-month return on equity of 0.43%.

What ETF holds Intrepid Potash's stock?

Subversive Food Security ETF holds 1,583 shares of IPI stock, representing 6.79% of its portfolio.

What is Robert P. Jornayvaz III's approval rating as Intrepid Potash's CEO?

6 employees have rated Intrepid Potash Chief Executive Officer Robert P. Jornayvaz III on Glassdoor.com . Robert P. Jornayvaz III has an approval rating of 78% among the company's employees.

What other stocks do shareholders of Intrepid Potash own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Intrepid Potash investors own include Navios Maritime (NM) , General Electric (GE) , Cleveland-Cliffs (CLF) , Amedica (AMDA) , Freeport-McMoRan (FCX) , Sangamo Therapeutics (SGMO) , Enphase Energy (ENPH) , Energy Transfer (ET) and Gilead Sciences (GILD) .

How do I buy shares of Intrepid Potash?

Shares of IPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:IPI

Intrepid Potash (IPI) Stock Price, News & Analysis

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Free IPI Stock Alerts

$19.54

+0.27 (+1.40%)

(As of 04/18/2024 ET)

Compare

Today's Range: $19.01
▼
$19.90
50-Day Range: $17.82
▼
$22.67
52-Week Range: $17.23
▼
$28.30

Volume: 77,584 shs
Average Volume: 116,022 shs
Market Capitalization: $259.10 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $21.00

Get Intrepid Potash alerts:

Intrepid Potash MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 7.5% Upside
$21.00 Price Target
Short Interest: Healthy
4.55% of Float Sold Short
Dividend Strength: N/A
Sustainability: -9.11
Upright™ Environmental Score
News Sentiment: 0.31
Based on 5 Articles This Week
Insider Trading: Selling Shares
$1.94 M Sold Last Quarter
Proj. Earnings Growth: Decreasing
From ($0.07) to ($0.27) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.56 out of 5 stars

Basic Materials Sector

140th out of 173 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

14th out of 18 stocks

1.0

Analyst's Opinion

Consensus Rating
Intrepid Potash has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Intrepid Potash has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
4.55% of the float of Intrepid Potash has been sold short.
Short Interest Ratio / Days to Cover
Intrepid Potash has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Intrepid Potash has recently decreased by 9.49%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Intrepid Potash does not currently pay a dividend.
Dividend Growth
Intrepid Potash does not have a long track record of dividend growth.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Intrepid Potash has received a -212.65% net impact score from Upright. The largest negative impact of Intrepid Potash in category "GHG emissions" seems to be driven mostly by its "Potassium sulphate fertilizers", "Potash", and "Oil and gas industry chemicals" products. See details.
Environmental Sustainability
The Environmental Impact score for Intrepid Potash is -9.11.

1.8

News and Social Media Coverage

News Sentiment
Intrepid Potash has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Intrepid Potash this week, compared to 2 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Intrepid Potash insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,939,525.00 in company stock.
Percentage Held by Insiders
18.00% of the stock of Intrepid Potash is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
56.13% of the stock of Intrepid Potash is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Intrepid Potash are expected to decrease in the coming year, from ($0.07) to ($0.27) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Intrepid Potash is -7.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Intrepid Potash is -7.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Intrepid Potash has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Intrepid Potash Stock (NYSE:IPI)

Intrepid Potash, Inc., together with its subsidiaries, engages in the extraction and production of the potash in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The company offers muriate of potash for various markets, such as agricultural market as a fertilizer input; the industrial market as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes; and the animal feed market as a nutrient supplement. It also provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle; water for oil and gas services industry; salt for various markets, including animal feed, industrial applications, pool salt, and the treatment of roads and walkways for ice melting or to manage road conditions; magnesium chloride for use as a road treatment agent for deicing and dedusting; brines for use in oil and gas industry to support well workover and completion activities; and metal recovery salts. Intrepid Potash, Inc. was founded in 1999 and is based in Denver, Colorado.

IPI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IPI Stock News Headlines

March 22, 2024 | insidertrades.com

Intrepid Potash, Inc. (NYSE:IPI) CEO Sells $104,180.40 in Stock

March 22, 2024 | insidertrades.com

Insider Selling: Intrepid Potash, Inc. (NYSE:IPI) CEO Sells 16,278 Shares of Stock

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 18, 2024 | bizjournals.com

A Denver public company appoints acting CEO after top exec injured in polo accident

April 18, 2024 | markets.businessinsider.com

Intrepid Potash CEO Bob Jornayvaz Takes Medical Leave Of Absence

April 17, 2024 | marketwatch.com

Intrepid Potash CEO Bob Jornayvaz Taking Medical Leave of Absence

April 17, 2024 | globenewswire.com

Intrepid Announces Medical Leave of Absence for Bob Jornayvaz; Intrepid Co-founder Hugh Harvey rejoins Board of Directors

April 10, 2024 | finanznachrichten.de

Intrepid Potash, Inc: Intrepid Announces Accident Involving CEO

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 10, 2024 | markets.businessinsider.com

Intrepid Potash's CEO Bob Jornayvaz Injured At U.S. Open Polo Championship

April 9, 2024 | globenewswire.com

Intrepid Announces Accident Involving CEO

April 8, 2024 | finance.yahoo.com

The past five years for Intrepid Potash (NYSE:IPI) investors has not been profitable

March 23, 2024 | investing.com

Intrepid Potash CEO sells shares worth over $660k

March 20, 2024 | finance.yahoo.com

Zacks Industry Outlook Highlights CF Industries, ICL Group and Intrepid Potash

March 16, 2024 | finance.yahoo.com

IPI Apr 2024 25.000 call

March 12, 2024 | finance.yahoo.com

Intrepid Potash Full Year 2023 Earnings: US$2.80 loss per share (vs US$5.49 profit in FY 2022)

March 9, 2024 | seekingalpha.com

Intrepid Potash, Inc. (IPI) Q4 2023 Earnings Call Transcript

March 8, 2024 | finanznachrichten.de

Intrepid Potash, Inc: Intrepid Announces Fourth Quarter and Full-Year 2023 Results

March 8, 2024 | finance.yahoo.com

Intrepid Potash, Inc. (NYSE:IPI) Q4 2023 Earnings Call Transcript

March 8, 2024 | msn.com

Intrepid Potash files for $100M mixed shelf offering

March 8, 2024 | finance.yahoo.com

Q4 2023 Intrepid Potash Inc Earnings Call

March 7, 2024 | finance.yahoo.com

Intrepid Potash Inc (IPI) Faces Net Loss in Q4 and Full-Year 2023 Despite Revenue Growth

March 6, 2024 | investorplace.com

IPI Stock Earnings: Intrepid Potash Misses EPS, Beats Revenue for Q4 2023

March 6, 2024 | benzinga.com

Recap: Intrepid Potash Q4 Earnings

March 6, 2024 | benzinga.com

Earnings Preview For Intrepid Potash

March 6, 2024 | msn.com

Intrepid Potash Q4 2023 Earnings Preview

March 6, 2024 | finance.yahoo.com

Intrepid Potash posts fourth-quarter loss on lower prices, impairment charges

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry: Fertilizers & Agricultural Chemicals
Current Symbol: NYSE:IPI
CUSIP: 46121Y10
CIK: 1421461
Web: www.intrepidpotash.com
Phone: (303) 296-3006
Fax: 303-298-7502
Employees: 485
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $21.00
High Stock Price Target: $21.00
Low Stock Price Target: $21.00
Potential Upside/Downside: +7.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.79)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-35,670,000.00
Net Margins: -12.78%
Pretax Margin: -15.79%
Return on Equity: -0.43%
Return on Assets: -0.39%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.27
Quick Ratio: 0.81

Sales & Book Value

Annual Sales: $279.08 million
Price / Sales: 0.93
Cash Flow: $2.90 per share
Price / Cash Flow: 6.74
Book Value: $52.76 per share
Price / Book: 0.37

Miscellaneous

Outstanding Shares: 13,260,000
Free Float: 10,873,000
Market Cap: $258.84 million
Optionable: Optionable
Beta: 2.18

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Key Executives

Mr. Robert P. Jornayvaz III (Age 66)
Executive Chairman & CEO
Comp: $57.22k
Mr. Matthew D. Preston (Age 39)
Chief Financial Officer
Comp: $586.09k
John Richardson
Director of Investor Relations
Ms. Christina C. Sheehan (Age 41)
General Counsel & Corporate Secretary
Mr. Zachry Adams
Vice President of Sales & Marketing
Evan Mapes C.F.A.
Investor Relations Manager

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IPI Stock Analysis - Frequently Asked Questions

Should I buy or sell Intrepid Potash stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intrepid Potash in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IPI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IPI, but not buy additional shares or sell existing shares.
View IPI analyst ratings or view top-rated stocks.
What is Intrepid Potash's stock price target for 2024?: 1 equities research analysts have issued 12-month price objectives for Intrepid Potash's shares. Their IPI share price targets range from $21.00 to $21.00. On average, they predict the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for IPI or view top-rated stocks among Wall Street analysts.
How have IPI shares performed in 2024?: Intrepid Potash's stock was trading at $23.89 on January 1st, 2024. Since then, IPI shares have decreased by 18.2% and is now trading at $19.54.
View the best growth stocks for 2024 here.
Are investors shorting Intrepid Potash?: Intrepid Potash saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 444,200 shares, a decline of 9.5% from the March 15th total of 490,800 shares. Based on an average daily volume of 117,100 shares, the days-to-cover ratio is currently 3.8 days. Approximately 4.6% of the company's shares are short sold.
View Intrepid Potash's Short Interest.
When is Intrepid Potash's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our IPI earnings forecast.
How were Intrepid Potash's earnings last quarter?: Intrepid Potash, Inc. (NYSE:IPI) issued its earnings results on Wednesday, March, 6th. The basic materials company reported ($0.41) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by $0.20. The basic materials company had revenue of $49.04 million for the quarter, compared to analysts' expectations of $41.63 million. Intrepid Potash had a negative net margin of 12.78% and a negative trailing twelve-month return on equity of 0.43%.

What ETF holds Intrepid Potash's stock?: Subversive Food Security ETF holds 1,583 shares of IPI stock, representing 6.79% of its portfolio.
What is Robert P. Jornayvaz III's approval rating as Intrepid Potash's CEO?: 6 employees have rated Intrepid Potash Chief Executive Officer Robert P. Jornayvaz III on Glassdoor.com. Robert P. Jornayvaz III has an approval rating of 78% among the company's employees.
What other stocks do shareholders of Intrepid Potash own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Intrepid Potash investors own include Navios Maritime (NM), General Electric (GE), Cleveland-Cliffs (CLF), Amedica (AMDA), Freeport-McMoRan (FCX), Sangamo Therapeutics (SGMO), Enphase Energy (ENPH), Energy Transfer (ET) and Gilead Sciences (GILD).
How do I buy shares of Intrepid Potash?: Shares of IPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:IPI) was last updated on 4/18/2024 by MarketBeat.com Staff

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Intrepid Potash (IPI) Stock Price, News & Analysis

Intrepid Potash MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Intrepid Potash Stock (NYSE:IPI)

IPI Stock Price History

IPI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

IPI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™