IDACORP (IDA) Expected to Post Earnings on Thursday

IDACORP (NYSE:IDA) will likely be releasing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $1.79 per share and revenue of $511.8730 million for the quarter. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 4:30 PM ET.

IDACORP (NYSE:IDA) last posted its quarterly earnings results on Thursday, April 30th. The energy company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.09. IDACORP had a net margin of 18.60% and a return on equity of 9.40%. The company had revenue of $403.41 million during the quarter, compared to analyst estimates of $437.51 million. During the same quarter in the prior year, the business earned $1.10 earnings per share. On average, analysts expect IDACORP to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

IDACORP Stock Performance

NYSE IDA opened at $147.79 on Tuesday. The company has a market capitalization of $8.19 billion, a PE ratio of 24.59, a price-to-earnings-growth ratio of 2.96 and a beta of 0.48. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.95 and a current ratio of 1.21. IDACORP has a 52-week low of $120.52 and a 52-week high of $154.91. The company has a 50-day simple moving average of $145.41 and a 200 day simple moving average of $142.07.

IDACORP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Wednesday, August 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 of this dividend is Wednesday, August 5th. IDACORP’s dividend payout ratio is currently 58.57%.

Insider Activity at IDACORP

In other news, VP James Bo D. Hanchey sold 1,500 shares of IDACORP stock in a transaction on Friday, May 29th. The stock was sold at an average price of $140.95, for a total value of $211,425.00. Following the completion of the transaction, the vice president directly owned 2,138 shares in the company, valued at approximately $301,351.10. The trade was a 41.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.33% of the stock is owned by insiders.

Institutional Trading of IDACORP

Institutional investors have recently added to or reduced their stakes in the stock. Orion Porfolio Solutions LLC boosted its stake in IDACORP by 3,215.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 604,451 shares of the energy company’s stock worth $69,784,000 after purchasing an additional 586,221 shares during the period. Zimmer Partners LP bought a new position in shares of IDACORP in the third quarter valued at approximately $71,031,000. Invesco Ltd. grew its stake in IDACORP by 139.4% during the third quarter. Invesco Ltd. now owns 591,812 shares of the energy company’s stock valued at $78,208,000 after acquiring an additional 344,622 shares in the last quarter. BROOKFIELD Corp ON purchased a new position in IDACORP during the second quarter valued at approximately $33,920,000. Finally, Adage Capital Partners GP L.L.C. purchased a new position in IDACORP during the second quarter valued at approximately $29,728,000. Hedge funds and other institutional investors own 89.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on IDA. Wells Fargo & Company upgraded IDACORP from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $121.00 to $154.00 in a research note on Tuesday, July 21st. Wall Street Zen upgraded IDACORP from a “strong sell” rating to a “sell” rating in a research note on Saturday. BTIG Research restated a “buy” rating and issued a $160.00 price objective on shares of IDACORP in a research note on Thursday. Barclays upped their price objective on shares of IDACORP from $159.00 to $167.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Finally, Mizuho set a $157.00 target price on shares of IDACORP in a research report on Friday, May 1st. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, IDACORP currently has an average rating of “Moderate Buy” and an average price target of $155.14.

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.