FY2025 EPS Estimates for IDACORP Lifted by Zacks Research

Key Points

• Zacks Research has revised its FY2025 earnings per share (EPS) estimate for IDACORP to $5.82, up from the previous estimate of $5.81, with an expectation of $0.70 EPS for Q4 2025.
• IDACORP's quarterly earnings report revealed that the company met consensus estimates by delivering EPS of $1.76 on revenue of $531.10 million, surpassing expectations of $478.14 million.
• The energy company recently declared a quarterly dividend of $0.86 per share, resulting in an annualized rate of $3.44 and a dividend yield of 2.6%.

IDACORP, Inc. (NYSE:IDA - Free Report) - Equities research analysts at Zacks Research increased their FY2025 EPS estimates for IDACORP in a research note issued to investors on Friday, October 3rd. Zacks Research analyst Team now forecasts that the energy company will post earnings per share of $5.82 for the year, up from their previous forecast of $5.81. The consensus estimate for IDACORP's current full-year earnings is $5.81 per share. Zacks Research also issued estimates for IDACORP's Q4 2025 earnings at $0.70 EPS, FY2026 earnings at $6.41 EPS and FY2027 earnings at $6.92 EPS.

IDACORP (NYSE:IDA - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The energy company reported $1.76 earnings per share for the quarter, hitting the consensus estimate of $1.76. The business had revenue of $531.10 million during the quarter, compared to analysts' expectations of $478.14 million. IDACORP had a return on equity of 9.18% and a net margin of 16.96%.During the same period last year, the firm posted $1.71 EPS. IDACORP has set its FY 2025 guidance at 5.700-5.850 EPS.

Several other analysts have also recently weighed in on IDA. Morgan Stanley dropped their price objective on shares of IDACORP from $133.00 to $131.00 and set an "equal weight" rating for the company in a research note on Thursday, September 25th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of IDACORP in a report on Saturday, September 27th. Wall Street Zen upgraded IDACORP from a "sell" rating to a "hold" rating in a research note on Friday, July 18th. Finally, UBS Group reissued a "neutral" rating and set a $120.00 price target (up previously from $118.00) on shares of IDACORP in a research report on Friday, July 11th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $123.29.

IDACORP Trading Up 0.3%

Shares of IDACORP stock opened at $132.25 on Monday. The firm has a 50-day moving average of $126.15 and a 200-day moving average of $119.73. The stock has a market cap of $7.15 billion, a PE ratio of 23.28, a PEG ratio of 2.83 and a beta of 0.56. IDACORP has a 52-week low of $99.81 and a 52-week high of $134.35. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.12 and a current ratio of 1.45.

IDACORP Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Tuesday, August 5th were paid a $0.86 dividend. The ex-dividend date was Tuesday, August 5th. This represents a $3.44 annualized dividend and a dividend yield of 2.6%. IDACORP's dividend payout ratio (DPR) is presently 60.56%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Legacy Investment Solutions LLC acquired a new position in IDACORP during the 2nd quarter worth approximately $28,000. Elite Financial Inc. acquired a new position in shares of IDACORP during the first quarter worth $29,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of IDACORP by 621.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 267 shares of the energy company's stock valued at $31,000 after acquiring an additional 230 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of IDACORP during the 2nd quarter valued at $31,000. Finally, Opal Wealth Advisors LLC bought a new stake in IDACORP during the 1st quarter worth $34,000. Institutional investors and hedge funds own 89.10% of the company's stock.

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.

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