Zacks Research Has Pessimistic View of IDACORP Q2 Earnings

IDACORP, Inc. (NYSE:IDA) – Research analysts at Zacks Research cut their Q2 2025 earnings per share estimates for shares of IDACORP in a research report issued to clients and investors on Thursday, March 13th. Zacks Research analyst R. Department now expects that the energy company will post earnings of $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.

Several other equities analysts also recently issued reports on the company. Guggenheim upgraded IDACORP from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Bank of America lifted their price objective on IDACORP from $119.00 to $127.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Morgan Stanley lifted their price objective on IDACORP from $110.00 to $121.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Finally, Jefferies Financial Group cut their price objective on IDACORP from $129.00 to $118.00 and set a “hold” rating for the company in a research report on Tuesday, January 28th. One investment 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 currently has a consensus rating of “Hold” and a consensus price target of $118.20.

IDACORP Trading Up 0.0 %

Shares of IDA opened at $116.01 on Monday. The stock has a fifty day moving average price of $111.69 and a two-hundred day moving average price of $109.52. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.34 and a current ratio of 1.70. IDACORP has a 52-week low of $88.70 and a 52-week high of $120.42. The company has a market cap of $6.26 billion, a price-to-earnings ratio of 21.17, a PEG ratio of 2.32 and a beta of 0.59.

IDACORP (NYSE:IDA) last issued its quarterly earnings data on Thursday, February 20th. The energy company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.07. IDACORP had a return on equity of 9.23% and a net margin of 15.83%. The firm had revenue of $398.13 million during the quarter, compared to the consensus estimate of $403.21 million.

IDACORP Announces Dividend

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

Institutional Investors Weigh In On IDACORP

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Legacy Investment Solutions LLC bought a new stake in IDACORP in the third quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB increased its holdings in IDACORP by 98.4% in the fourth 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 increased its holdings in IDACORP by 2,150.0% in the fourth 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 increased its holdings in IDACORP by 123.6% in the fourth 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 bought a new stake in IDACORP in the fourth quarter valued at about $45,000. Institutional investors 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.