IDACORP (NYSE:IDA) Releases FY 2025 Earnings Guidance

IDACORP (NYSE:IDA - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 5.650-5.850 for the period, compared to the consensus EPS estimate of 5.830. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Bank of America upgraded IDACORP from a "neutral" rating to a "buy" rating and upped their target price for the stock from $113.00 to $117.00 in a report on Tuesday, November 5th. Guggenheim upgraded shares of IDACORP from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Mizuho raised shares of IDACORP from a "neutral" rating to an "outperform" rating and boosted their price objective for the stock from $102.00 to $116.00 in a research note on Friday, November 1st. Morgan Stanley raised their target price on shares of IDACORP from $110.00 to $121.00 and gave the company an "equal weight" rating in a research note on Friday, December 13th. Finally, Jefferies Financial Group cut their price target on IDACORP from $129.00 to $118.00 and set a "hold" rating on the stock in a research note on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $116.20.

IDACORP Stock Up 1.1 %

IDACORP stock traded up $1.26 during trading hours on Friday, hitting $113.98. The stock had a trading volume of 419,035 shares, compared to its average volume of 292,272. The stock's 50-day moving average price is $109.90 and its 200-day moving average price is $107.91. IDACORP has a 12-month low of $86.47 and a 12-month high of $120.42. The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $6.07 billion, a P/E ratio of 21.15, a price-to-earnings-growth ratio of 2.29 and a beta of 0.65.

IDACORP (NYSE:IDA - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.07. IDACORP had a net margin of 15.35% and a return on equity of 9.17%. The company had revenue of $398.13 million during the quarter, compared to analyst estimates of $403.21 million. Equities research analysts anticipate that IDACORP will post 5.41 EPS for the current fiscal year.

IDACORP Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Wednesday, February 5th will be issued a dividend of $0.86 per share. This represents a $3.44 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date is Wednesday, February 5th. IDACORP's payout ratio is currently 63.82%.

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.