Key Points
- On Feb. 23, VP Julia Hilton sold 1,000 shares at an average price of $142.79 for $142,790, leaving her with 2,313 shares — a 30.18% reduction in her ownership.
- IDACORP beat quarterly EPS estimates ($0.78 vs. $0.74) and issued FY2026 guidance of 6.25–6.45 EPS; the company has a market cap of about $7.87 billion and a P/E near 24.3.
- The company announced a quarterly dividend of $0.88 (annualized $3.52) for a ~2.5% yield, and analysts' consensus rating is "Moderate Buy" with an average price target of $141.22.
IDACORP, Inc. (NYSE:IDA - Get Free Report) VP Julia Hilton sold 1,000 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $142.79, for a total transaction of $142,790.00. Following the completion of the sale, the vice president directly owned 2,313 shares in the company, valued at $330,273.27. This represents a 30.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
IDACORP Price Performance
IDACORP stock opened at $143.30 on Wednesday. IDACORP, Inc. has a 1 year low of $108.15 and a 1 year high of $145.94. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.68 and a current ratio of 0.93. The firm has a 50 day moving average price of $132.76 and a 200 day moving average price of $130.25. The company has a market cap of $7.87 billion, a price-to-earnings ratio of 24.29, a PEG ratio of 2.78 and a beta of 0.59.
IDACORP (NYSE:IDA - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The energy company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.74 by $0.04. IDACORP had a net margin of 17.84% and a return on equity of 9.36%. The company had revenue of $405.24 million for the quarter, compared to analyst estimates of $533.06 million. During the same quarter last year, the business earned $0.70 EPS. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. Sell-side analysts predict that IDACORP, Inc. will post 5.81 earnings per share for the current year.
IDACORP Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Thursday, February 5th will be issued a $0.88 dividend. The ex-dividend date is Thursday, February 5th. This represents a $3.52 dividend on an annualized basis and a yield of 2.5%. IDACORP's dividend payout ratio (DPR) is presently 59.66%.
Hedge Funds Weigh In On IDACORP
A number of institutional investors and hedge funds have recently added to or reduced their stakes in IDA. AMG National Trust Bank grew its stake in shares of IDACORP by 0.7% during the third quarter. AMG National Trust Bank now owns 11,665 shares of the energy company's stock valued at $1,542,000 after acquiring an additional 80 shares in the last quarter. Assetmark Inc. boosted its holdings in IDACORP by 7.6% in the third quarter. Assetmark Inc. now owns 1,128 shares of the energy company's stock valued at $149,000 after purchasing an additional 80 shares during the last quarter. AssuredPartners Investment Advisors LLC boosted its holdings in IDACORP by 5.1% in the fourth quarter. AssuredPartners Investment Advisors LLC now owns 1,653 shares of the energy company's stock valued at $209,000 after purchasing an additional 80 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in IDACORP by 33.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 382 shares of the energy company's stock valued at $44,000 after purchasing an additional 96 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in IDACORP by 31.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 408 shares of the energy company's stock worth $53,000 after purchasing an additional 97 shares during the last quarter. 89.10% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. Wells Fargo & Company lowered IDACORP from an "equal weight" rating to an "underweight" rating and reduced their price objective for the company from $129.00 to $118.00 in a research note on Tuesday, January 20th. Barclays raised their price target on shares of IDACORP from $144.00 to $149.00 and gave the company an "overweight" rating in a report on Tuesday. Jefferies Financial Group decreased their price objective on shares of IDACORP from $152.00 to $150.00 and set a "buy" rating for the company in a research note on Wednesday, January 28th. Morgan Stanley set a $155.00 price objective on shares of IDACORP in a research report on Friday. Finally, Wall Street Zen lowered shares of IDACORP from a "hold" rating to a "sell" rating in a report on Sunday. Eight research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $141.22.
Check Out Our Latest Stock Report on IDACORP
IDACORP Company Profile
(
Get Free Report)
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.
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