IDA vs. ES, FE, EIX, PNW, OGE, POR, ALE, MGEE, OTTR, and HE
Should you be buying IDACORP stock or one of its competitors? The main competitors of IDACORP include Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), Pinnacle West Capital (PNW), OGE Energy (OGE), Portland General Electric (POR), ALLETE (ALE), MGE Energy (MGEE), Otter Tail (OTTR), and Hawaiian Electric Industries (HE). These companies are all part of the "electric utilities" industry.
IDACORP vs. Its Competitors
IDACORP (NYSE:IDA) and Eversource Energy (NYSE:ES) are both utilities companies, but which is the better stock? We will compare the two companies based on the strength of their community ranking, dividends, valuation, analyst recommendations, profitability, risk, media sentiment, earnings and institutional ownership.
Eversource Energy has higher revenue and earnings than IDACORP. IDACORP is trading at a lower price-to-earnings ratio than Eversource Energy, indicating that it is currently the more affordable of the two stocks.
In the previous week, Eversource Energy had 1 more articles in the media than IDACORP. MarketBeat recorded 10 mentions for Eversource Energy and 9 mentions for IDACORP. Eversource Energy's average media sentiment score of 1.32 beat IDACORP's score of 1.25 indicating that Eversource Energy is being referred to more favorably in the news media.
IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 3.0%. Eversource Energy pays an annual dividend of $3.01 per share and has a dividend yield of 4.8%. IDACORP pays out 61.1% of its earnings in the form of a dividend. Eversource Energy pays out 129.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. IDACORP has raised its dividend for 13 consecutive years and Eversource Energy has raised its dividend for 2 consecutive years.
IDACORP has a beta of 0.58, meaning that its stock price is 42% less volatile than the S&P 500. Comparatively, Eversource Energy has a beta of 0.63, meaning that its stock price is 37% less volatile than the S&P 500.
IDACORP currently has a consensus price target of $122.86, suggesting a potential upside of 8.25%. Eversource Energy has a consensus price target of $65.78, suggesting a potential upside of 5.29%. Given IDACORP's stronger consensus rating and higher possible upside, equities analysts plainly believe IDACORP is more favorable than Eversource Energy.
Eversource Energy received 255 more outperform votes than IDACORP when rated by MarketBeat users. However, 48.84% of users gave IDACORP an outperform vote while only 45.95% of users gave Eversource Energy an outperform vote.
89.1% of IDACORP shares are held by institutional investors. Comparatively, 80.0% of Eversource Energy shares are held by institutional investors. 0.5% of IDACORP shares are held by company insiders. Comparatively, 0.4% of Eversource Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
IDACORP has a net margin of 16.61% compared to Eversource Energy's net margin of 6.63%. Eversource Energy's return on equity of 11.04% beat IDACORP's return on equity.
Summary
IDACORP beats Eversource Energy on 12 of the 21 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 6/21/2025 by MarketBeat.com Staff
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