3,981 Shares in IDACORP, Inc. $IDA Acquired by Verity Asset Management Inc.

Verity Asset Management Inc. purchased a new position in shares of IDACORP, Inc. (NYSE:IDA) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,981 shares of the energy company’s stock, valued at approximately $504,000.

A number of other large investors have also bought and sold shares of IDA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in 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 acquiring an additional 2,625 shares during the last quarter. Goldman Sachs Group Inc. grew its position in IDACORP by 6.8% during 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in IDACORP by 8.2% during the 1st 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 last quarter. American Century Companies Inc. grew its position in IDACORP by 12.6% during the 2nd quarter. American Century Companies Inc. now owns 18,035 shares of the energy company’s stock worth $2,082,000 after acquiring an additional 2,016 shares during the last quarter. Finally, Invesco Ltd. grew its position in IDACORP by 5.7% during the 2nd quarter. Invesco Ltd. now owns 247,190 shares of the energy company’s stock worth $28,538,000 after acquiring an additional 13,297 shares during the last quarter. 89.10% of the stock is currently owned by institutional investors.

IDACORP Stock Performance

IDA stock opened at $147.85 on Friday. The business’s fifty day moving average is $143.36 and its 200-day moving average is $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. The company has a market cap of $8.12 billion, a P/E ratio of 25.06, a price-to-earnings-growth ratio of 2.88 and a beta of 0.54. IDACORP, Inc. has a twelve month low of $108.15 and a twelve month high of $149.73.

IDACORP (NYSE:IDA) last released its quarterly earnings data on Thursday, April 30th. The energy company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. IDACORP had a net margin of 17.84% and a return on equity of 9.36%. The business had revenue of $403.41 million during the quarter, compared to analysts’ expectations of $437.51 million. During the same quarter in the prior year, the company earned $1.10 EPS. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. Equities research analysts forecast that IDACORP, Inc. will post 6.39 EPS for the current year.

IDACORP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors 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 currently 59.66%.

Insider Activity at IDACORP

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

Key Headlines Impacting IDACORP

Here are the key news stories impacting IDACORP this week:

• Positive Sentiment: Q1 EPS beat and net income growth — IDACORP reported Q1 net income of $68.0M, or $1.21 per share, topping the consensus of $1.12 and rising from $1.10 a year ago; this EPS beat is the main catalyst for the stock strength. IDACORP, Inc. Announces First Quarter 2026 Results, Reaffirms 2026 Earnings Guidance
• Positive Sentiment: Operational drivers: management cited customer growth and recent rate changes as the primary drivers of the stronger quarterly earnings, signaling core utility trends remain healthy. Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Guidance reaffirmed — IDACORP reiterated FY?2026 EPS guidance of $6.25–$6.45, keeping guidance consistent with street expectations (consensus ~6.38), which reduces upside/downside uncertainty but offers limited surprise. IDACORP posts stronger Q1 2026 results, reaffirms guidance
• Negative Sentiment: Revenue miss and y/y decline — quarterly revenue came in at $403.4M versus analyst expectations near $437.5M and is down year?over?year, which could cap upside if future top?line trends persist. IDACORP Q1 Earnings Surpass Estimates, Revenues Decline Y/Y
• Negative Sentiment: Higher O&M and fewer tax credits weighed on results — management flagged increased operating & maintenance expenses and lower tax credits as partial offsets to the revenue/rate benefits, which could pressure margins if sustained. IDACORP Q1 report & transcript

Analyst Ratings Changes

A number of equities research analysts recently commented on IDA shares. BTIG Research restated a “buy” rating and set a $156.00 price target on shares of IDACORP in a research report on Friday, January 30th. Mizuho increased their price target on IDACORP from $141.00 to $148.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Wells Fargo & Company restated an “underweight” rating and set a $121.00 price target on shares of IDACORP in a research report on Tuesday, April 21st. Barclays upped their price objective on IDACORP from $149.00 to $159.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $157.00 price objective on shares of IDACORP in a report on Monday. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $144.88.

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.