Zacks Research Comments on IDACORP, Inc.’s Q3 2025 Earnings (NYSE:IDA)

IDACORP, Inc. (NYSE:IDA) – Zacks Research upped their Q3 2025 earnings estimates for IDACORP in a research report issued on Thursday, September 19th. Zacks Research analyst R. Department now forecasts that the energy company will post earnings of $2.31 per share for the quarter, up from their prior forecast of $2.29. The consensus estimate for IDACORP’s current full-year earnings is $5.41 per share. Zacks Research also issued estimates for IDACORP’s Q4 2025 earnings at $0.81 EPS, FY2025 earnings at $5.75 EPS and FY2026 earnings at $5.94 EPS.

IDACORP (NYSE:IDA) last posted its earnings results on Thursday, August 1st. The energy company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.37 by $0.34. IDACORP had a net margin of 15.04% and a return on equity of 9.16%. The firm had revenue of $451.04 million for the quarter, compared to the consensus estimate of $420.56 million. During the same period in the prior year, the business posted $1.35 earnings per share.

Other research analysts also recently issued research reports about the stock. Bank of America initiated coverage on shares of IDACORP in a report on Thursday, September 12th. They issued a “neutral” rating and a $110.00 target price on the stock. Jefferies Financial Group began coverage on IDACORP in a research report on Friday, September 20th. They set a “hold” rating and a $110.00 price objective for the company. Morgan Stanley raised their target price on IDACORP from $94.00 to $102.00 and gave the company an “equal weight” rating in a report on Friday, August 23rd. Finally, Wells Fargo & Company upped their price target on IDACORP from $98.00 to $106.00 and gave the stock an “equal weight” rating in a report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $102.71.

IDACORP Price Performance

Shares of IDACORP stock opened at $102.67 on Monday. The company has a current ratio of 1.55, a quick ratio of 1.17 and a debt-to-equity ratio of 0.87. The firm has a fifty day simple moving average of $101.16 and a 200-day simple moving average of $96.06. The stock has a market capitalization of $5.47 billion, a price-to-earnings ratio of 20.62 and a beta of 0.60. IDACORP has a 1-year low of $86.43 and a 1-year high of $105.24.

IDACORP Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Monday, August 5th were paid a $0.83 dividend. The ex-dividend date of this dividend was Monday, August 5th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.23%. IDACORP’s payout ratio is 66.67%.

Institutional Investors Weigh In On IDACORP

A number of institutional investors have recently bought and sold shares of IDA. Point72 Asia Singapore Pte. Ltd. bought a new position in IDACORP during the second quarter worth about $116,000. Sanctuary Advisors LLC bought a new position in shares of IDACORP during the 2nd quarter worth approximately $591,000. Creative Planning boosted its stake in IDACORP by 97.1% in the 2nd quarter. Creative Planning now owns 15,655 shares of the energy company’s stock valued at $1,458,000 after buying an additional 7,712 shares in the last quarter. Susquehanna Fundamental Investments LLC grew its position in IDACORP by 16.0% in the second quarter. Susquehanna Fundamental Investments LLC now owns 63,537 shares of the energy company’s stock valued at $5,918,000 after acquiring an additional 8,769 shares during the period. Finally, Millennium Management LLC raised its stake in IDACORP by 34.0% during the second quarter. Millennium Management LLC now owns 201,545 shares of the energy company’s stock worth $18,774,000 after acquiring an additional 51,178 shares in the last quarter. Institutional investors and hedge funds own 89.10% of the company’s stock.

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.