IDACORP (IDA) Competitors

IDACORP (NYSE:IDA) and Evergy (NASDAQ:EVRG) are both utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, media sentiment, institutional ownership, valuation, profitability and risk.

Which has preferable earnings & valuation, IDA or EVRG?

Evergy has higher revenue and earnings than IDACORP. Evergy is trading at a lower price-to-earnings ratio than IDACORP, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
IDACORP	$1.83B	3.68	$289.17M	$5.68	21.91
Evergy	$5.85B	2.80	$873.50M	$3.64	19.53

Which has more volatility & risk, IDA or EVRG?

IDACORP has a beta of 0.59, indicating that its share price is 41% less volatile than the S&P 500. Comparatively, Evergy has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500.

Is IDA or EVRG a better dividend stock?

IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 2.8%. Evergy pays an annual dividend of $2.67 per share and has a dividend yield of 3.8%. IDACORP pays out 60.6% of its earnings in the form of a dividend. Evergy pays out 73.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. IDACORP has raised its dividend for 13 consecutive years and Evergy has raised its dividend for 20 consecutive years. Evergy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Do analysts recommend IDA or EVRG?

IDACORP presently has a consensus price target of $123.57, suggesting a potential downside of 0.70%. Evergy has a consensus price target of $74.44, suggesting a potential upside of 4.69%. Given Evergy's stronger consensus rating and higher possible upside, analysts clearly believe Evergy is more favorable than IDACORP.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
IDACORP	0 Sell rating(s)	2 Hold rating(s)	5 Buy rating(s)	0 Strong Buy rating(s)	2.71
Evergy	0 Sell rating(s)	0 Hold rating(s)	8 Buy rating(s)	1 Strong Buy rating(s)	3.11

Do institutionals and insiders hold more shares of IDA or EVRG?

89.1% of IDACORP shares are owned by institutional investors. Comparatively, 87.2% of Evergy shares are owned by institutional investors. 0.5% of IDACORP shares are owned by company insiders. Comparatively, 1.4% of Evergy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Is IDA or EVRG more profitable?

IDACORP has a net margin of 16.96% compared to Evergy's net margin of 14.29%. IDACORP's return on equity of 9.18% beat Evergy's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
IDACORP	16.96%	9.18%	3.24%
Evergy	14.29%	8.62%	2.66%

Does the media prefer IDA or EVRG?

In the previous week, Evergy had 7 more articles in the media than IDACORP. MarketBeat recorded 21 mentions for Evergy and 14 mentions for IDACORP. IDACORP's average media sentiment score of 1.49 beat Evergy's score of 1.24 indicating that IDACORP is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
IDACORP	8 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Evergy	17 Very Positive mention(s)	0 Positive mention(s)	4 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Summary

IDACORP and Evergy tied by winning 10 of the 20 factors compared between the two stocks.