IDACORP (IDA) to Release Earnings on Thursday

IDACORP (NYSE:IDAGet Free Report) is expected to be releasing its Q1 2026 results before the market opens on Thursday, April 30th. Analysts expect IDACORP to post earnings of $1.11 per share and revenue of $434.40 million for the quarter. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, April 30, 2026 at 4:30 PM ET.

IDACORP (NYSE:IDAGet Free Report) last issued its quarterly earnings results on Thursday, February 19th. The energy company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.04. IDACORP had a return on equity of 9.36% and a net margin of 17.84%.The company had revenue of $405.24 million for the quarter, compared to analysts’ expectations of $533.06 million. During the same period last year, the firm earned $0.70 EPS. On average, analysts expect IDACORP to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

IDACORP Price Performance

Shares of IDA stock traded up $0.48 during mid-day trading on Tuesday, hitting $146.23. 137,464 shares of the stock traded hands, compared to its average volume of 473,068. IDACORP has a twelve month low of $108.15 and a twelve month high of $149.73. The firm has a market cap of $8.04 billion, a price-to-earnings ratio of 24.79, a price-to-earnings-growth ratio of 2.91 and a beta of 0.54. The company’s 50-day simple moving average is $143.07 and its 200-day simple moving average is $135.19. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.68 and a current ratio of 0.93.

IDACORP Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 5th will be given a dividend of $0.88 per share. The ex-dividend date is Tuesday, May 5th. This represents a $3.52 annualized dividend and a dividend yield of 2.4%. IDACORP’s dividend payout ratio (DPR) is 59.66%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on IDA. UBS Group lifted their price target on IDACORP from $134.00 to $142.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. BTIG Research restated a “buy” rating and issued a $156.00 target price on shares of IDACORP in a report on Friday, January 30th. Mizuho lifted their target price on IDACORP from $141.00 to $148.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Barclays lifted their target price on IDACORP from $149.00 to $159.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. Finally, Wall Street Zen upgraded IDACORP from a “strong sell” rating to a “sell” rating in a report on Sunday. Seven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $144.88.

Read Our Latest Research Report on IDA

Insider Transactions at IDACORP

In related news, VP Julia A. Hilton sold 1,000 shares of IDACORP stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $142.79, for a total transaction of $142,790.00. Following the completion of the sale, the vice president owned 2,313 shares of the company’s stock, valued at approximately $330,273.27. This trade represents a 30.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.33% of the company’s stock.

Institutional Trading of IDACORP

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

About IDACORP

(Get Free Report)

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.

See Also

Earnings History for IDACORP (NYSE:IDA)

Receive News & Ratings for IDACORP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDACORP and related companies with MarketBeat.com's FREE daily email newsletter.