Inside the research
IDACORP, Inc.
IDA Research profile · latest available data
Price overview
$129.78
▲ +2.09 (+1.6%)
| 52w hi | $153.61 |
|---|---|
| 52w lo | $122.42 |
| Vol | 658.80K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.43
| Short | -0.12 |
|---|---|
| Medium | -0.67 |
| Long | -0.56 |
computed 2026-09-27
Key fundamentals
IDACORP, Inc.
Utilities · Utilities - Regulated Electric
| Market cap | $7.51B |
|---|---|
| Enterprise value | $11.44B |
| Trailing P/E | 21.52x |
| Forward P/E | 18.66x |
| EV / EBITDA | 16.93x |
| P / S (ttm) | 4.16x |
| Profit margin | 18.8% |
| Return on equity | 9.4% |
| Revenue growth | +4.2% |
| Earnings growth | +1.7% |
| Debt / equity | 105.98 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.17 | |
| Sector | -0.10 | |
| Technical | -0.33 | |
| Earnings | +0.00 | |
| Sentiment | +0.21 |
macro × 1.00 · 2026-09-27
Business overview
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; and three natural gas-fired plants situated in southern Idaho, as well as interests in a coal-fired and natural gas-fired steam generating plant located in Wyoming; and interests in a coal-fired steam generating plant situated in Nevada. As of December 31, 2025, it had approximately 4,730 pole miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 12 switching stations; 31 mixed-use transmission and distribution substations; 188 energized distribution substations; approximately 30,020 linear miles of distribution lines; and a capacity of 1,228 MWh of battery storage. The company provides electric utility services to approximately 664,000 retail customers in southern Idaho and eastern Oregon. It serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, education, and information technology. The company also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.
Risk Metrics
| Beta vs SPX | 0.18 |
|---|---|
| Corr SPX | 0.17 |
| Annual vol | 17.8% |
| Annual ret | +13.5% |
| Sharpe | 0.76 |
| Max DD | -17.4% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $154.56 |
|---|---|
| High / Low | $167.00 / $121.00 |
| Median | $157.00 |
| Analysts | 9 |
| Strong Buy | 2 | |
|---|---|---|
| Buy | 5 | |
| Hold | 1 | |
| Sell | 1 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-05 | Barclays | → Overweight |
| 2026-04-21 | Morgan Stanley | → Overweight |
| 2026-04-08 | Barclays | → Overweight |
| 2026-02-24 | Barclays | → Overweight |
| 2026-02-20 | UBS | → Neutral |
| 2026-02-20 | Mizuho | → Outperform |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-30 | Earnings Release, Reg FD Disclosure… | read |
| 2026-05-21 | Shareholder Vote | read |
| 2026-05-15 | Material Agreement, Exhibits | read |
| 2026-04-30 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-19 | Earnings Release, Reg FD Disclosure… | read |
| 2025-12-31 | Other Material Event | read |
| 2025-12-01 | Reg FD Disclosure, Exhibits | read |
| 2025-10-30 | Earnings Release, Reg FD Disclosure… | read |
| 2025-10-24 | Other Material Event | read |
| 2025-09-19 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-07-31 | Earnings Release, Reg FD Disclosure… | read |
| 2025-05-30 | Reg FD Disclosure, Other Material Event… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-10 | Richins Adam J | EVP and COO (IPC) | Sell | 1.50K | $213.04K |
| 2026-06-01 | Miller Sharon L. | Grant | 689 | — | |
| 2026-05-29 | Hanchey James Bo D | VP of Cust Op & CSO (IPC) | Sell | 1.50K | $211.42K |
| 2026-03-03 | Tatum Timothy E | VP Regulatory Affairs (IP | Sell | 1.48K | $210.77K |
| 2026-03-01 | Madison Scott W | Grant | 1.01K | — | |
| 2026-03-01 | Kennedy Michael J. | Grant | 1.01K | — | |
| 2026-03-01 | Jorgensen Nate | Grant | 1.01K | — | |
| 2026-03-01 | MORRIS SUSAN | Grant | 1.01K | — | |
| 2026-03-01 | Peters Mark T | Grant | 1.01K | — | |
| 2026-03-01 | Elg Annette G | Grant | 1.01K | — |
Flow & Concentration
| Insider 180d net | -$424.46K |
|---|---|
| Insider buys / sells | 0 / 2 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 96.7% |
| HHI | 2,643 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Fidelity / FMR LLC | $333.98M | 2.21M |
| State Street Corp | $290.71M | 1.92M |
| Citadel Advisors | $159.26M | 1.05M |
| Capital Research / Capital World | $78.49M | 518.75K |
| AQR Capital Management | $38.10M | 251.91K |
| Bridgewater Associates | $16.51M | 109.14K |
| Millennium Management | $8.12M | 53.70K |
| Norges Bank (Norway sovereign) | $6.28M | 41.51K |
| T. Rowe Price Group | $58.22K | 384.80K |
As of 2026-06-30
Dividends
| Yield (TTM) | 2.03% |
|---|---|
| $ / share (TTM) | $2.64 |
| 5y CAGR | +4.9% |
Annual dividend per share
| 2021 | $2.88 |
|---|---|
| 2022 | $3.04 |
| 2023 | $3.20 |
| 2024 | $3.35 |
| 2025 | $3.46 |
| 2026 | $1.76 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.64B | +3.1% | |
| Operating income | $353.98M | +4.2% | |
| Net income | $323.47M | +8.3% | |
| Cash from ops | $594.42M | +10.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $127.21 | $129.97 | $126.06 | $129.78 | 658.80K |
| Sep 24 | $128.73 | $129.22 | $127.36 | $127.69 | 418.10K |
| Sep 23 | $129.83 | $130.05 | $128.18 | $128.66 | 623.00K |
| Sep 22 | $130.76 | $131.34 | $129.99 | $130.33 | 385.50K |
| Sep 21 | $132.08 | $132.08 | $130.33 | $130.47 | 526.20K |
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