IDACORP (NYSE:IDA) Issues FY 2026 Earnings Guidance

IDACORP (NYSE:IDA) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.250-6.450 for the period, compared to the consensus estimate of 6.390. The company issued revenue guidance of -.

IDACORP Stock Performance

IDA stock opened at $139.86 on Friday. IDACORP has a 1 year low of $108.15 and a 1 year high of $145.94. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of 23.70, a PEG ratio of 2.69 and a beta of 0.59. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.82 and a current ratio of 1.09. The stock’s fifty day moving average is $132.08 and its two-hundred day moving average is $129.92.

IDACORP (NYSE:IDA) last released its quarterly earnings results on Thursday, February 19th. The energy company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.74 by $0.04. IDACORP had a net margin of 17.84% and a return on equity of 9.47%. The business had revenue of $405.24 million during the quarter, compared to analyst estimates of $533.06 million. During the same quarter in the prior year, the firm earned $0.70 earnings per share. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. On average, research analysts predict that IDACORP will post 5.81 EPS for the current year.

IDACORP Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 5th will be given a $0.88 dividend. The ex-dividend date is Thursday, February 5th. This represents a $3.52 annualized dividend and a yield of 2.5%. IDACORP’s dividend payout ratio is 59.66%.

Wall Street Analysts Forecast Growth

IDA has been the topic of a number of recent analyst reports. UBS Group lifted their price target on IDACORP from $134.00 to $142.00 and gave the company a “neutral” rating in a report on Friday. BTIG Research reaffirmed a “buy” rating and set a $156.00 target price on shares of IDACORP in a research note on Friday, January 30th. Morgan Stanley set a $155.00 price target on IDACORP in a research report on Friday. Mizuho increased their price target on IDACORP from $141.00 to $148.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Jefferies Financial Group cut their price objective on shares of IDACORP from $152.00 to $150.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Eight research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $140.67.

Key IDACORP News

Here are the key news stories impacting IDACORP this week:

• Positive Sentiment: Q4 earnings beat and raised near‑term outlook: IDACORP reported $0.78 EPS for Q4, topping the consensus of $0.74, and reiterated stronger full‑year performance. The beat — plus management’s FY‑2026 EPS guidance of $6.25–$6.45 — supports the stock’s move higher. Read More.
• Positive Sentiment: Multi‑year capex and EPS growth target: Management outlined a multi‑year plan (~$7B) and set an ~8% EPS growth target while advancing major projects — signaling commitment to regulated utility investments that should drive rate base growth over time. Read More.
• Positive Sentiment: Dividend investor appeal: Recent coverage highlights IDA as an attractive dividend stock, reinforcing interest from income‑focused investors given its payout history and regulated utility profile. Read More.
• Neutral Sentiment: Management materials available: The company posted its earnings slide deck and earnings‑call presentation (useful for modelers and analysts reviewing capex phasing, project timelines and rate case assumptions). Read More.
• Neutral Sentiment: Earnings call transcript for detail: The full earnings‑call transcript provides color on cost drivers, customer growth and capital spending priorities — valuable for assessing execution risk. Read More.
• Negative Sentiment: Revenue came in below some estimates: Q4 revenue of ~$405M was materially under a cited consensus (~$533M), which could reflect timing of recoverable costs or other one‑time items; investors should watch cash flow and regulatory recovery mechanics. Read More.
• Negative Sentiment: Analyst valuation split and capex execution risk: Coverage notes an analyst valuation split and highlights that higher capex increases execution and financing risk (debt ratios, rate cases). Monitor guidance updates, leverage metrics and returns on major projects. Read More.

Institutional Trading of IDACORP

A number of large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd grew its position in IDACORP by 630.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 219 shares of the energy company’s stock worth $29,000 after buying an additional 189 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of IDACORP during the 3rd quarter worth $34,000. Los Angeles Capital Management LLC acquired a new position in shares of IDACORP in the 4th quarter worth $35,000. Smartleaf Asset Management LLC raised its position in shares of IDACORP by 62.0% during the second quarter. Smartleaf Asset Management LLC now owns 311 shares of the energy company’s stock worth $36,000 after purchasing an additional 119 shares during the period. Finally, Osterweis Capital Management Inc. acquired a new stake in shares of IDACORP during the fourth quarter worth $45,000. 89.10% of the stock is currently owned by institutional investors.

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.