IDACORP (NYSE:IDA) Issues FY 2026 Earnings Guidance

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

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded IDACORP from a “strong sell” rating to a “sell” rating in a research report on Sunday. UBS Group upped their target price on IDACORP from $134.00 to $142.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Morgan Stanley restated an “overweight” rating and issued a $157.00 target price on shares of IDACORP in a research report on Monday. Barclays upped their target price on IDACORP from $149.00 to $159.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Finally, Wells Fargo & Company restated an “underweight” rating and issued a $121.00 target price on shares of IDACORP in a research report on Tuesday, April 21st. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $144.88.

IDACORP Price Performance

Shares of NYSE:IDA traded up $3.60 on Thursday, reaching $147.85. 553,413 shares of the company traded hands, compared to its average volume of 444,831. IDACORP has a fifty-two week low of $108.15 and a fifty-two week high of $149.73. The company’s 50 day moving average is $143.36 and its 200-day moving average is $135.42. The stock has a market capitalization of $8.13 billion, a PE ratio of 25.06, a P/E/G ratio of 2.88 and a beta of 0.54. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.93 and a quick ratio of 0.68.

IDACORP (NYSE:IDA) last announced its quarterly earnings data on Thursday, April 30th. The energy company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.10. IDACORP had a return on equity of 9.36% and a net margin of 17.84%.The company had revenue of $403.41 million during the quarter, compared to the consensus estimate of $434.40 million. During the same quarter in the prior year, the firm earned $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 earnings per share for the current fiscal year.

IDACORP Announces Dividend

The business also recently disclosed 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. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, May 5th. IDACORP’s dividend payout ratio is 59.66%.

Insider Activity at IDACORP

In other news, VP Julia A. Hilton sold 1,000 shares of the 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 in the company, valued at approximately $330,273.27. This represents a 30.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.33% of the company’s stock.

IDACORP News Roundup

Here are the key news stories impacting IDACORP this week:

• Positive Sentiment: Q1 EPS beat and net income growth — IDACORP reported net income of $68.0M, or $1.21 per diluted share, above consensus, driven by customer growth and rate changes; this beat is the main near-term positive catalyst. Business Wire Release
• Positive Sentiment: Reaffirmed FY2026 EPS guidance — Management reaffirmed guidance of $6.25–$6.45, which overlaps analyst consensus (~$6.38), limiting downside to long-term forecasts and supporting valuation. TipRanks
• Neutral Sentiment: Management commentary: customer growth and rate changes helped results, but higher O&M expenses and fewer tax credits offset gains — mixed operational drivers that create uncertainty about margin trends going forward. Business Wire Release
• Neutral Sentiment: Conference call and slide deck available — investors can review management’s detail on rate cases, capex, and cost drivers in the deck and call transcript for guidance on execution risk. Slide Deck / Press Release
• Negative Sentiment: Revenue miss and y/y decline — Q1 revenue was $403.4M versus ~ $434.4M expected; the top-line shortfall and rising O&M reduce margin visibility and could limit multiple expansion despite EPS strength. Zacks

Institutional Investors Weigh In On IDACORP

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd lifted its holdings in shares of IDACORP by 630.0% in 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 in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of IDACORP in the third quarter valued at $34,000. Los Angeles Capital Management LLC purchased a new stake in shares of IDACORP in the fourth quarter valued at $35,000. Smartleaf Asset Management LLC lifted its holdings 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 valued at $36,000 after purchasing an additional 119 shares in the last quarter. Finally, Osterweis Capital Management Inc. purchased a new stake in shares of IDACORP in the fourth quarter valued at $45,000. Institutional investors and hedge funds own 89.10% of the company’s stock.

About IDACORP

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.