IDACORP (IDA) Projected to Release Quarterly Earnings on Thursday

IDACORP (NYSE:IDA) is expected to post its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $1.79 per share and revenue of $511.8730 million for the quarter. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 4:30 PM ET.

IDACORP (NYSE:IDA) last announced its quarterly earnings data on Thursday, April 30th. The energy company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. The company had revenue of $403.41 million during the quarter, compared to the consensus estimate of $437.51 million. IDACORP had a return on equity of 9.40% and a net margin of 18.60%.During the same quarter in the prior year, the firm earned $1.10 EPS. On average, analysts expect IDACORP to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

IDACORP Stock Performance

Shares of NYSE IDA opened at $148.81 on Thursday. The company has a quick ratio of 0.95, a current ratio of 1.21 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $8.25 billion, a price-to-earnings ratio of 24.76, a PEG ratio of 2.91 and a beta of 0.48. The stock’s fifty day simple moving average is $144.95 and its 200 day simple moving average is $141.62. IDACORP has a 52-week low of $120.52 and a 52-week high of $154.91.

IDACORP Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Wednesday, August 5th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, August 5th. IDACORP’s dividend payout ratio is currently 58.57%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Mizuho set a $157.00 price target on IDACORP in a research report on Friday, May 1st. Weiss Ratings raised shares of IDACORP from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 6th. Wells Fargo & Company upgraded shares of IDACORP from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $121.00 to $154.00 in a research report on Tuesday. Wall Street Zen raised shares of IDACORP from a “strong sell” rating to a “sell” rating in a research note on Tuesday, May 12th. Finally, Barclays increased their target price on IDACORP from $159.00 to $167.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.57.

Insider Buying and Selling at IDACORP

In other news, VP James Bo D. Hanchey sold 1,500 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $140.95, for a total value of $211,425.00. Following the completion of the sale, the vice president directly owned 2,138 shares of the company’s stock, valued at $301,351.10. This represents a 41.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.33% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd lifted its position in IDACORP by 630.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 219 shares of the energy company’s stock worth $29,000 after buying an additional 189 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of IDACORP during the third quarter worth $34,000. Los Angeles Capital Management LLC acquired a new position in IDACORP in the 4th quarter worth about $35,000. Smartleaf Asset Management LLC increased its position in IDACORP by 62.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 311 shares of the energy company’s stock worth $36,000 after purchasing an additional 119 shares during the last quarter. Finally, Osterweis Capital Management Inc. purchased a new stake in shares of IDACORP during the 4th quarter worth about $45,000. 89.10% of the stock is owned by hedge funds and other institutional investors.

IDACORP Company Profile

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.