IDACORP (NYSE:IDA) Releases FY 2025 Earnings Guidance

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

IDACORP Price Performance

Shares of NYSE:IDA traded up $0.35 on Thursday, hitting $112.40. The stock had a trading volume of 231,978 shares, compared to its average volume of 279,301. IDACORP has a twelve month low of $86.47 and a twelve month high of $120.42. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.34 and a current ratio of 1.70. The firm’s 50 day moving average price is $109.88 and its 200-day moving average price is $107.78. The company has a market capitalization of $5.99 billion, a price-to-earnings ratio of 20.85, a price-to-earnings-growth ratio of 2.26 and a beta of 0.65.

IDACORP (NYSE:IDA) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.07. IDACORP had a return on equity of 9.17% and a net margin of 15.35%. On average, equities research analysts predict that IDACORP will post 5.41 earnings per share for the current year.

IDACORP Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Wednesday, February 5th will be issued a dividend of $0.86 per share. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $3.44 annualized dividend and a yield of 3.06%. IDACORP’s dividend payout ratio is currently 63.82%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Guggenheim upgraded IDACORP from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Jefferies Financial Group decreased their price objective on IDACORP from $129.00 to $118.00 and set a “hold” rating for the company in a research report on Tuesday, January 28th. Bank of America upgraded IDACORP from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $113.00 to $117.00 in a research report on Tuesday, November 5th. Mizuho upgraded IDACORP from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $102.00 to $116.00 in a research report on Friday, November 1st. Finally, StockNews.com lowered IDACORP from a “hold” rating to a “sell” rating in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target 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.