IDA vs. EVRG, LNT, AEE, ATO, BKH, CMS, NI, OGE, POR, and WEC
Should you be buying IDACORP stock or one of its competitors? The main competitors of IDACORP include Evergy (EVRG), Alliant Energy (LNT), Ameren (AEE), Atmos Energy (ATO), Black Hills (BKH), CMS Energy (CMS), NiSource (NI), OGE Energy (OGE), Portland General Electric (POR), and WEC Energy Group (WEC). These companies are all part of the "utilities" sector.
IDACORP vs. Its Competitors
Evergy (NASDAQ:EVRG) and IDACORP (NYSE:IDA) are both utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, institutional ownership, dividends, earnings, analyst recommendations, media sentiment and profitability.
IDACORP has a net margin of 16.61% compared to Evergy's net margin of 14.87%. IDACORP's return on equity of 9.13% beat Evergy's return on equity.
Evergy currently has a consensus target price of $73.19, suggesting a potential upside of 6.56%. IDACORP has a consensus target price of $122.86, suggesting a potential upside of 6.08%. Given Evergy's stronger consensus rating and higher probable upside, equities analysts plainly believe Evergy is more favorable than IDACORP.
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.
87.2% of Evergy shares are owned by institutional investors. Comparatively, 89.1% of IDACORP shares are owned by institutional investors. 1.4% of Evergy shares are owned by insiders. Comparatively, 0.5% of IDACORP shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Evergy pays an annual dividend of $2.67 per share and has a dividend yield of 3.9%. IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 3.0%. Evergy pays out 70.3% of its earnings in the form of a dividend. IDACORP pays out 61.1% 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. Evergy has raised its dividend for 20 consecutive years and IDACORP has raised its dividend for 13 consecutive years. Evergy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Evergy has a beta of 0.5, suggesting that its stock price is 50% less volatile than the S&P 500. Comparatively, IDACORP has a beta of 0.56, suggesting that its stock price is 44% less volatile than the S&P 500.
In the previous week, Evergy had 15 more articles in the media than IDACORP. MarketBeat recorded 21 mentions for Evergy and 6 mentions for IDACORP. IDACORP's average media sentiment score of 1.54 beat Evergy's score of 0.91 indicating that IDACORP is being referred to more favorably in the news media.
Summary
Evergy and IDACORP tied by winning 10 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding IDA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NYSE:IDA) was last updated on 7/8/2025 by MarketBeat.com Staff
