Ontario Teachers Pension Plan Board Makes New $587,000 Investment in IDACORP, Inc. $IDA

Ontario Teachers Pension Plan Board purchased a new position in shares of IDACORP, Inc. (NYSE:IDA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,441 shares of the energy company’s stock, valued at approximately $587,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Alps Advisors Inc. grew its position in shares of IDACORP by 31.8% during the third quarter. Alps Advisors Inc. now owns 29,178 shares of the energy company’s stock worth $3,856,000 after purchasing an additional 7,036 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in IDACORP by 21.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 10,318 shares of the energy company’s stock valued at $1,191,000 after buying an additional 1,834 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. bought a new stake in shares of IDACORP during the third quarter valued at approximately $21,486,000. Advisors Asset Management Inc. lifted its holdings in shares of IDACORP by 26.0% in the second quarter. Advisors Asset Management Inc. now owns 10,558 shares of the energy company’s stock worth $1,219,000 after buying an additional 2,178 shares in the last quarter. Finally, Bahl & Gaynor Inc. bought a new position in shares of IDACORP during the second quarter worth $577,000. 89.10% of the stock is currently owned by hedge funds and other institutional investors.

IDACORP Price Performance

NYSE:IDA opened at $138.46 on Friday. The firm has a market capitalization of $7.48 billion, a price-to-earnings ratio of 23.79, a PEG ratio of 2.75 and a beta of 0.59. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.09 and a quick ratio of 0.82. The business has a 50 day simple moving average of $131.80 and a 200-day simple moving average of $129.82. IDACORP, Inc. has a 1 year low of $108.15 and a 1 year high of $145.94.

IDACORP (NYSE:IDA) last issued its quarterly earnings results on Thursday, February 19th. The energy company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. IDACORP had a return on equity of 9.35% and a net margin of 17.59%.The company had revenue of $405.24 million during the quarter, compared to the consensus estimate of $533.06 million. During the same period last year, the company earned $0.70 earnings per share. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. Equities analysts forecast that IDACORP, Inc. will post 5.81 EPS for the current year.

IDACORP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 5th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.5%. IDACORP’s payout ratio is currently 60.48%.

Key IDACORP News

Here are the key news stories impacting IDACORP this week:

• Positive Sentiment: Q4 EPS beat — IDA reported $0.78/share vs. consensus $0.74, and net income and full-year EPS improved year-over-year, signaling underlying earnings strength. IdaCorp (IDA) Q4 Earnings Surpass Estimates
• Positive Sentiment: Company provided FY2026 EPS guidance (6.250–6.450), offering forward visibility on earnings and showing management confidence in cash flows and rate-base recovery. IDACORP, Inc. Announces Fourth Quarter and Year-End 2025 Results, Initiates 2026 Earnings Guidance
• Neutral Sentiment: Guidance context — the 6.25–6.45 range roughly overlaps the Street (consensus ~6.39); midpoint is modestly below consensus, so guidance neither clearly outperforms nor materially disappoints. Press Release / Slide Deck
• Neutral Sentiment: Full earnings materials and call transcript are available for details on drivers (rate cases, wholesale margins, timing of revenues/expenses) that will inform whether 2026 guidance is sustainable. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Revenue miss — reported revenue was $405.24M vs. consensus ~$533M, a material shortfall that raises questions about timing or volume drivers and likely eroded investor confidence despite the EPS beat. MarketBeat earnings summary
• Negative Sentiment: Analyst split and market reaction — some analysts are divided on valuation and the outlook, and the mixed quarter (earnings beat but revenue miss/guidance ambiguity) appears to have prompted downward pressure on the shares. Analyst valuation split coverage

Analyst Ratings Changes

IDA has been the topic of several research analyst reports. Jefferies Financial Group decreased their price target 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. BTIG Research reissued a “buy” rating and set a $156.00 price target on shares of IDACORP in a research note on Friday, January 30th. Weiss Ratings restated a “buy (b)” rating on shares of IDACORP in a report on Thursday, January 22nd. Mizuho upped their price objective on IDACORP from $129.00 to $144.00 and gave the stock an “outperform” rating in a report on Monday, October 27th. Finally, Morgan Stanley lowered their target price on IDACORP from $146.00 to $145.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Eight investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $137.67.

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.