Critical Analysis: IDACORP (NYSE:IDA) & Tennessee Valley Authority PARRS A 2029 (NYSE:TVE)

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) and IDACORP (NYSE:IDA) are both utilities companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, dividends, valuation, earnings and profitability.

Dividends

Tennessee Valley Authority PARRS A 2029 pays an annual dividend of $0.84 per share and has a dividend yield of 3.6%. IDACORP pays an annual dividend of $3.52 per share and has a dividend yield of 2.4%. IDACORP pays out 58.3% of its earnings in the form of a dividend. IDACORP has increased its dividend for 13 consecutive years.

Profitability

This table compares Tennessee Valley Authority PARRS A 2029 and IDACORP’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Tennessee Valley Authority PARRS A 2029	N/A	N/A	N/A
IDACORP	18.78%	9.34%	3.24%

Valuation & Earnings

This table compares Tennessee Valley Authority PARRS A 2029 and IDACORP”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Tennessee Valley Authority PARRS A 2029	N/A	N/A	N/A	N/A	N/A
IDACORP	$1.81 billion	4.59	$323.47 million	$6.04	23.83

IDACORP has higher revenue and earnings than Tennessee Valley Authority PARRS A 2029.

Institutional & Insider Ownership

89.1% of IDACORP shares are owned by institutional investors. 0.3% of IDACORP shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and price targets for Tennessee Valley Authority PARRS A 2029 and IDACORP, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Tennessee Valley Authority PARRS A 2029	0	0	0	0	0.00
IDACORP	0	2	6	0	2.75

IDACORP has a consensus target price of $154.57, suggesting a potential upside of 7.41%. Given IDACORP’s stronger consensus rating and higher probable upside, analysts clearly believe IDACORP is more favorable than Tennessee Valley Authority PARRS A 2029.

Summary

IDACORP beats Tennessee Valley Authority PARRS A 2029 on 10 of the 12 factors compared between the two stocks.

About Tennessee Valley Authority PARRS A 2029

for more than eight decades, the tennessee valley authority has provided affordable electricity, environmental stewardship and economic development opportunities to the tennessee valley. tva was established by congress in 1933 to address a wide range of environmental, economic and technological issues, including the need for low-cost electricity, and navigation and flood control along the tennessee river system. tva is fully self-financing, funding virtually all operations through electricity sales and power system bond financing. tva makes no profit and receives no tax money. tva’s power service territory includes most off tennessee and parts of alabama, georgia, kentucky, mississippi, north carolina and virginia, covering 80,000 square miles and providing electricity to more than 9 million people at prices below the national average, tva sales electricity to 155 local power companies and 57 directly served industries and federal facilities. mission: tva was built for the people – to

About IDACORP

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. As of December 31, 2023, it had approximately 4,762 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 11 switching stations; 30 mixed-use transmission and distribution substations; 186 energized distribution substations; and 29,714 pole-miles of distribution lines, and 131 MW of battery storage, as well as provides electric utility services to approximately 633,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.