Zacks Research Issues Negative Forecast for IDACORP Earnings

IDACORP, Inc. (NYSE:IDA) – Zacks Research dropped their Q2 2025 EPS estimates for shares of IDACORP in a report released on Thursday, March 13th. Zacks Research analyst R. Department now forecasts that the energy company will earn $1.65 per share for the quarter, down from their previous forecast of $1.70. The consensus estimate for IDACORP’s current full-year earnings is $5.81 per share. Zacks Research also issued estimates for IDACORP’s Q3 2025 earnings at $2.30 EPS, Q4 2025 earnings at $0.84 EPS, FY2025 earnings at $5.83 EPS, Q2 2026 earnings at $1.74 EPS, Q3 2026 earnings at $2.59 EPS and FY2026 earnings at $6.46 EPS.

IDACORP (NYSE:IDA) last issued its earnings results on Thursday, February 20th. The energy company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.07. IDACORP had a net margin of 15.83% and a return on equity of 9.23%. The business had revenue of $398.13 million for the quarter, compared to analyst estimates of $403.21 million.

IDA has been the topic of a number of other reports. Jefferies Financial Group dropped their price objective on shares of IDACORP from $129.00 to $118.00 and set a “hold” rating on the stock in a research note on Tuesday, January 28th. Bank of America raised their target price on shares of IDACORP from $119.00 to $127.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Guggenheim upgraded shares of IDACORP from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Morgan Stanley raised their target price on shares of IDACORP from $110.00 to $121.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $118.20.

IDACORP Price Performance

NYSE IDA opened at $115.82 on Monday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.34 and a current ratio of 1.70. The firm’s 50 day moving average price is $111.82 and its 200-day moving average price is $109.61. IDACORP has a 52-week low of $88.70 and a 52-week high of $120.42. The company has a market cap of $6.25 billion, a PE ratio of 21.13, a P/E/G ratio of 2.32 and a beta of 0.59.

IDACORP Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 5th were given a $0.86 dividend. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $3.44 annualized dividend and a dividend yield of 2.97%. IDACORP’s dividend payout ratio (DPR) is 62.77%.

Institutional Trading of IDACORP

Institutional investors have recently modified their holdings of the stock. Legacy Investment Solutions LLC acquired a new position in IDACORP during the third quarter worth about $25,000. MassMutual Private Wealth & Trust FSB boosted its holdings in IDACORP by 98.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 242 shares of the energy company’s stock valued at $26,000 after purchasing an additional 120 shares during the last quarter. Versant Capital Management Inc boosted its holdings in IDACORP by 2,150.0% in the 4th quarter. Versant Capital Management Inc now owns 315 shares of the energy company’s stock valued at $34,000 after purchasing an additional 301 shares during the last quarter. Independence Bank of Kentucky boosted its holdings in IDACORP by 123.6% in the 4th quarter. Independence Bank of Kentucky now owns 407 shares of the energy company’s stock valued at $44,000 after purchasing an additional 225 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in IDACORP in the 4th quarter valued at about $45,000. Institutional investors and hedge funds own 89.10% of the company’s stock.

IDACORP Company Profile

IDACORP, Inc, together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada.