IDACORP (NYSE:IDA) Updates FY 2025 Earnings Guidance

IDACORP (NYSE:IDA) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.650-5.850 for the period, compared to the consensus EPS estimate of 5.830. The company issued revenue guidance of -.

IDACORP Trading Up 1.3 %

Shares of IDA stock opened at $112.08 on Thursday. The stock has a market capitalization of $5.97 billion, a P/E ratio of 20.79, a P/E/G ratio of 2.26 and a beta of 0.65. The company has a current ratio of 1.70, a quick ratio of 1.34 and a debt-to-equity ratio of 0.93. The firm’s 50 day moving average is $109.88 and its 200 day moving average is $107.78. IDACORP has a 12-month low of $86.47 and a 12-month high of $120.42.

IDACORP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Wednesday, February 5th will be paid a dividend of $0.86 per share. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $3.44 dividend on an annualized basis and a dividend yield of 3.07%. IDACORP’s dividend payout ratio is currently 63.82%.

Wall Street Analyst Weigh In

A number of brokerages have commented on IDA. StockNews.com cut shares of IDACORP from a “hold” rating to a “sell” rating in a report on Wednesday, November 6th. Mizuho upgraded IDACORP from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $102.00 to $116.00 in a research report on Friday, November 1st. Morgan Stanley boosted their price objective on IDACORP from $110.00 to $121.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Bank of America upgraded shares of IDACORP from a “neutral” rating to a “buy” rating and upped their price target for the stock from $113.00 to $117.00 in a research report on Tuesday, November 5th. Finally, Guggenheim upgraded shares of IDACORP from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $116.20.

IDACORP Company Profile

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.