Zacks Research Issues Negative Forecast for IDACORP Earnings

by · The Cerbat Gem

IDACORP, Inc. (NYSE:IDA – Free Report) – Investment analysts at Zacks Research reduced their Q2 2025 earnings estimates for shares of IDACORP in a research report issued to clients and investors on Thursday, March 13th. Zacks Research analyst R. Department now expects that the energy company will post earnings of $1.65 per share for the quarter, down from their prior estimate of $1.70. The consensus estimate for IDACORP’s current full-year earnings is $5.81 per share. Zacks Research also issued estimates for IDACORP’s Q3 2025 earnings at $2.30 EPS, Q4 2025 earnings at $0.84 EPS, FY2025 earnings at $5.83 EPS, Q2 2026 earnings at $1.74 EPS, Q3 2026 earnings at $2.59 EPS and FY2026 earnings at $6.46 EPS.

Several other research firms have also recently commented on IDA. Bank of America boosted their price target on shares of IDACORP from $119.00 to $127.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Guggenheim upgraded shares of IDACORP from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. Morgan Stanley boosted their price target on shares of IDACORP from $110.00 to $121.00 and gave the stock an “equal weight” rating in a report on Friday, December 13th. Finally, Jefferies Financial Group lowered their price target on shares of IDACORP from $129.00 to $118.00 and set a “hold” rating for the company in a report on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, IDACORP currently has an average rating of “Hold” and a consensus target price of $118.20.

Read Our Latest Analysis on IDACORP

IDACORP Price Performance

Shares of IDA opened at $115.82 on Monday. IDACORP has a fifty-two week low of $88.70 and a fifty-two week high of $120.42. The firm’s 50 day moving average price is $111.82 and its 200 day moving average price is $109.61. The company has a market cap of $6.25 billion, a P/E ratio of 21.13, a PEG ratio of 2.32 and a beta of 0.59. The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 0.93.

IDACORP (NYSE:IDA – Get Free Report) last announced its earnings results on Thursday, February 20th. The energy company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.07. IDACORP had a net margin of 15.83% and a return on equity of 9.23%. The firm had revenue of $398.13 million for the quarter, compared to the consensus estimate of $403.21 million.

Institutional Trading of IDACORP

A number of large investors have recently bought and sold shares of the business. California State Teachers Retirement System boosted its stake in IDACORP by 3.9% during the 4th quarter. California State Teachers Retirement System now owns 49,824 shares of the energy company’s stock worth $5,445,000 after purchasing an additional 1,857 shares during the period. 111 Capital purchased a new position in IDACORP during the 4th quarter worth $595,000. Wealth Enhancement Advisory Services LLC raised its position in IDACORP by 18.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,127 shares of the energy company’s stock worth $670,000 after buying an additional 971 shares during the last quarter. Wood Tarver Financial Group LLC purchased a new position in IDACORP during the 4th quarter worth $403,000. Finally, Putney Financial Group LLC purchased a new position in IDACORP during the 4th quarter worth $163,000. Institutional investors and hedge funds own 89.10% of the company’s stock.

IDACORP Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 5th were paid a dividend of $0.86 per share. This represents a $3.44 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date of this dividend was Wednesday, February 5th. IDACORP’s dividend payout ratio is currently 62.77%.

IDACORP Company Profile

(Get Free Report)

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.

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