Several brokerages have updated their recommendations and price targets on shares of IDACORP (NYSE: IDA) in the last few weeks:
- 7/25/2026 – IDACORP was upgraded by Wall Street Zen from “strong sell” to “sell”.
- 7/23/2026 – IDACORP had its “buy” rating reaffirmed by BTIG Research. They now have a $160.00 price target on the stock.
- 7/22/2026 – IDACORP had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $156.00 price target on the stock.
- 7/21/2026 – IDACORP was upgraded by Wells Fargo & Company from “underweight” to “equal weight”. They now have a $154.00 price target on the stock, up from $121.00.
- 6/24/2026 – IDACORP had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $152.00 price target on the stock.
IDACORP Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Wednesday, August 5th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 2.4%. The ex-dividend date is Wednesday, August 5th. IDACORP’s dividend payout ratio (DPR) is currently 58.57%.
Insider Buying and Selling
In other IDACORP news, VP James Bo D. Hanchey sold 1,500 shares of IDACORP stock in a transaction on Friday, May 29th. The shares were sold at an average price of $140.95, for a total value of $211,425.00. Following the completion of the transaction, the vice president owned 2,138 shares of the company’s stock, valued at approximately $301,351.10. The trade was a 41.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.33% of the company’s stock.
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.
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