IDACORP (NYSE:IDA) Issues FY 2026 Earnings Guidance

IDACORP (NYSE:IDA) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.250-6.450 for the period, compared to the consensus estimate of 6.390. The company issued revenue guidance of -.

Analysts Set New Price Targets

IDA has been the topic of several recent research reports. BTIG Research reissued a “buy” rating and set a $156.00 price objective on shares of IDACORP in a report on Friday, January 30th. Mizuho lifted their price target on shares of IDACORP from $129.00 to $144.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. Jefferies Financial Group dropped their price objective on shares of IDACORP from $152.00 to $150.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Wall Street Zen upgraded shares of IDACORP from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Finally, UBS Group dropped their price target on shares of IDACORP from $135.00 to $129.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Eight investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, IDACORP has a consensus rating of “Moderate Buy” and an average target price of $137.67.

IDACORP Stock Down 1.2%

NYSE IDA opened at $141.47 on Thursday. The stock has a market capitalization of $7.65 billion, a P/E ratio of 24.31, a price-to-earnings-growth ratio of 2.78 and a beta of 0.59. IDACORP has a 52 week low of $108.15 and a 52 week high of $145.94. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.82 and a current ratio of 1.09. The stock has a fifty day moving average of $131.55 and a 200-day moving average of $129.76.

IDACORP (NYSE:IDA) last issued its earnings results on Thursday, February 19th. The energy company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.05. IDACORP had a net margin of 17.59% and a return on equity of 9.35%. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. On average, equities research analysts forecast that IDACORP will post 5.81 EPS for the current year.

IDACORP Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 5th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, February 5th. IDACORP’s dividend payout ratio (DPR) is currently 60.48%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd raised its holdings in IDACORP by 630.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 219 shares of the energy company’s stock worth $29,000 after purchasing an additional 189 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in IDACORP during the 3rd quarter worth $34,000. Los Angeles Capital Management LLC bought a new position in IDACORP during the fourth quarter worth about $35,000. Smartleaf Asset Management LLC grew its stake in IDACORP by 62.0% in the second quarter. Smartleaf Asset Management LLC now owns 311 shares of the energy company’s stock valued at $36,000 after acquiring an additional 119 shares during the period. Finally, Osterweis Capital Management Inc. bought a new stake in shares of IDACORP in the fourth quarter worth about $45,000. Institutional investors own 89.10% of the company’s stock.

IDACORP Company Profile

IDACORP, Inc is a diversified energy holding company headquartered in Boise, Idaho, whose primary subsidiary, Idaho Power Company, operates as a regulated electric utility. Through Idaho Power, the company provides generation, transmission and distribution services to residential, commercial and industrial customers. The company’s service territory spans southern Idaho and eastern Oregon, where it serves over half a million customers with a mix of hydroelectric, natural gas, wind and solar generation assets.

Idaho Power’s generation portfolio is anchored by a network of hydroelectric facilities along the Snake River system, complemented by natural-gas-fired plants and growing investments in renewable resources.