Research Analysts Set Expectations for IDACORP Q1 Earnings

IDACORP, Inc. (NYSE:IDA) – Equities researchers at Zacks Research increased their Q1 2026 earnings per share estimates for IDACORP in a research report issued on Wednesday, February 19th. Zacks Research analyst R. Department now anticipates that the energy company will post earnings of $1.21 per share for the quarter, up from their prior estimate of $1.20. The consensus estimate for IDACORP’s current full-year earnings is $5.41 per share. Zacks Research also issued estimates for IDACORP’s Q4 2026 earnings at $1.08 EPS and FY2026 earnings at $6.40 EPS.

Other equities analysts have also recently issued research reports about the stock. StockNews.com cut shares of IDACORP from a “hold” rating to a “sell” rating in a research report on Wednesday, November 6th. Bank of America upgraded IDACORP from a “neutral” rating to a “buy” rating and increased their price target for the stock from $113.00 to $117.00 in a report on Tuesday, November 5th. Morgan Stanley boosted their price objective on IDACORP from $110.00 to $121.00 and gave the company an “equal weight” rating in a report on Friday, December 13th. Guggenheim upgraded IDACORP from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, Mizuho raised shares of IDACORP from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $102.00 to $116.00 in a research report on Friday, November 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $116.20.

IDACORP Trading Up 0.8 %

NYSE:IDA opened at $112.93 on Friday. IDACORP has a 12 month low of $86.47 and a 12 month high of $120.42. The company has a current ratio of 1.70, a quick ratio of 1.34 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $6.02 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 2.29 and a beta of 0.65. The firm has a fifty day simple moving average of $109.88 and a two-hundred day simple moving average of $107.81.

IDACORP (NYSE:IDA) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.63 by $0.07. IDACORP had a net margin of 15.35% and a return on equity of 9.17%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of IDA. Wellington Management Group LLP lifted its stake in IDACORP by 43.3% during the 4th quarter. Wellington Management Group LLP now owns 3,424,956 shares of the energy company’s stock valued at $374,279,000 after acquiring an additional 1,035,133 shares in the last quarter. Reaves W H & Co. Inc. raised its stake in shares of IDACORP by 75.4% during the 4th quarter. Reaves W H & Co. Inc. now owns 998,383 shares of the energy company’s stock worth $109,103,000 after purchasing an additional 429,276 shares during the period. Raymond James Financial Inc. bought a new stake in shares of IDACORP during the 4th quarter worth $37,104,000. Ameriprise Financial Inc. boosted its holdings in shares of IDACORP by 596.7% in the 4th quarter. Ameriprise Financial Inc. now owns 379,312 shares of the energy company’s stock worth $41,451,000 after buying an additional 324,866 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its position in IDACORP by 9.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,909,695 shares of the energy company’s stock valued at $208,692,000 after buying an additional 166,864 shares during the period. Hedge funds and other institutional investors own 89.10% of the company’s stock.

IDACORP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Wednesday, February 5th will be issued a $0.86 dividend. The ex-dividend date is Wednesday, February 5th. This represents a $3.44 dividend on an annualized basis and a dividend yield of 3.05%. IDACORP’s dividend payout ratio is presently 63.82%.

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.