IDACORP (NYSE:IDA) Issues FY 2026 Earnings Guidance

IDACORP (NYSE:IDA) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.250-6.450 for the period, compared to the consensus estimate of 6.380. The company issued revenue guidance of -.

Analyst Ratings Changes

Several analysts have commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of IDACORP in a research note on Thursday, January 22nd. Jefferies Financial Group reduced their target price on shares of IDACORP from $152.00 to $150.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Mizuho set a $157.00 target price on shares of IDACORP in a research report on Friday. Barclays upped their price target on shares of IDACORP from $149.00 to $159.00 and gave the company 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 research note on Sunday, April 26th. Seven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $146.00.

IDACORP Stock Performance

Shares of NYSE IDA traded down $0.28 during midday trading on Friday, reaching $147.46. 93,805 shares of the stock were exchanged, compared to its average volume of 474,985. The firm has a market cap of $8.10 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 2.88 and a beta of 0.54. IDACORP has a twelve month low of $108.15 and a twelve month high of $149.73. The firm has a 50-day simple moving average of $143.36 and a two-hundred day simple moving average of $135.42. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of 0.93.

IDACORP (NYSE:IDA) last posted its earnings results on Thursday, April 30th. The energy company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.09. IDACORP had a net margin of 17.84% and a return on equity of 9.36%. The firm had revenue of $403.41 million during the quarter, compared to analysts’ expectations of $437.51 million. During the same period in the previous year, the business posted $1.10 EPS. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. As a group, analysts anticipate that IDACORP will post 6.39 EPS for the current fiscal year.

IDACORP Announces Dividend

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

Insider Activity

In other news, VP Julia A. Hilton sold 1,000 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $142.79, for a total transaction of $142,790.00. Following the sale, the vice president directly owned 2,313 shares in the company, valued at $330,273.27. This trade represents a 30.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.33% of the stock is currently owned by insiders.

Key Headlines Impacting IDACORP

Here are the key news stories impacting IDACORP this week:

• Positive Sentiment: Q1 EPS beat — IDACORP reported $1.21 GAAP EPS vs. the $1.12 consensus, and net income rose to $68.0M from $59.6M a year ago, a clear earnings beat that supports higher valuation multiples. IDACORP Q1 Earnings Surpass Estimates, Revenues Decline Y/Y
• Positive Sentiment: Operational drivers cited — Management attributed the beat to customer growth and recent rate changes (regulatory rate actions), which investors view as sustainable revenue drivers for the utility business. IDACORP, Inc. Announces First-Quarter 2026 Results, Reaffirms 2026 Earnings Guidance
• Neutral Sentiment: Guidance reaffirmed — IDACORP reaffirmed FY2026 EPS guidance at $6.25–$6.45, roughly in line with consensus (analyst models cluster near the midpoint), which provides certainty but no upside surprise. IDACORP, Inc. Announces First-Quarter 2026 Results, Reaffirms 2026 Earnings Guidance
• Neutral Sentiment: Management detail available — The earnings call transcript provides color on capital spending, regulatory timing and margin drivers; useful for modeling rate base growth and O&M trends. IDACORP, Inc. (IDA) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Revenue miss and expense pressures — Revenue declined year‑over‑year ($403.4M vs. consensus ~$437.5M) and came in below estimates, which could limit topline momentum. IDACORP Q1 results summary
• Negative Sentiment: Higher O&M and fewer tax credits weighed on results — Management flagged rising operating & maintenance costs and reduced tax credits as offsets to rate and customer benefits, which could pressure margins if persistent. IDACORP, Inc. Announces First-Quarter 2026 Results, Reaffirms 2026 Earnings Guidance

Institutional Trading of IDACORP

Several institutional investors have recently bought and sold shares of IDA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of IDACORP by 79.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,940 shares of the energy company’s stock worth $690,000 after buying an additional 2,625 shares during the period. Goldman Sachs Group Inc. increased its holdings in IDACORP by 6.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 342,496 shares of the energy company’s stock worth $39,805,000 after acquiring an additional 21,890 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in IDACORP by 8.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 143,677 shares of the energy company’s stock worth $16,698,000 after acquiring an additional 10,855 shares during the period. American Century Companies Inc. lifted its holdings in IDACORP by 12.6% during the second quarter. American Century Companies Inc. now owns 18,035 shares of the energy company’s stock valued at $2,082,000 after purchasing an additional 2,016 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in IDACORP by 5.7% during the second quarter. Invesco Ltd. now owns 247,190 shares of the energy company’s stock valued at $28,538,000 after purchasing an additional 13,297 shares in the last quarter. 89.10% of the stock is owned by institutional investors and hedge funds.

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.