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IDACORP (IDA) Competitors

IDACORP logo
$117.96 +0.19 (+0.16%)
(As of 11/20/2024 ET)

IDA vs. FE, ES, PNW, OGE, POR, MGEE, ALE, OTTR, HE, and UTL

Should you be buying IDACORP stock or one of its competitors? The main competitors of IDACORP include FirstEnergy (FE), Eversource Energy (ES), Pinnacle West Capital (PNW), OGE Energy (OGE), Portland General Electric (POR), MGE Energy (MGEE), ALLETE (ALE), Otter Tail (OTTR), Hawaiian Electric Industries (HE), and Unitil (UTL). These companies are all part of the "electric utilities" industry.

IDACORP vs.

IDACORP (NYSE:IDA) and FirstEnergy (NYSE:FE) are both utilities companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings, analyst recommendations, media sentiment and community ranking.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IDACORP$1.77B3.56$261.20M$5.3921.89
FirstEnergy$13.44B1.79$1.10B$1.5526.92

IDACORP has a net margin of 15.35% compared to FirstEnergy's net margin of 6.64%. FirstEnergy's return on equity of 11.38% beat IDACORP's return on equity.

Company Net Margins Return on Equity Return on Assets
IDACORP15.35% 9.17% 3.27%
FirstEnergy 6.64%11.38%2.93%

IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 2.9%. FirstEnergy pays an annual dividend of $1.70 per share and has a dividend yield of 4.1%. IDACORP pays out 63.8% of its earnings in the form of a dividend. FirstEnergy pays out 109.7% 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.

IDACORP presently has a consensus price target of $108.83, suggesting a potential downside of 7.74%. FirstEnergy has a consensus price target of $46.00, suggesting a potential upside of 10.23%. Given FirstEnergy's higher possible upside, analysts clearly believe FirstEnergy is more favorable than IDACORP.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IDACORP
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33
FirstEnergy
1 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.25

89.1% of IDACORP shares are held by institutional investors. Comparatively, 89.4% of FirstEnergy shares are held by institutional investors. 0.5% of IDACORP shares are held by company insiders. Comparatively, 0.1% of FirstEnergy 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 beta of 0.6, meaning that its share price is 40% less volatile than the S&P 500. Comparatively, FirstEnergy has a beta of 0.51, meaning that its share price is 49% less volatile than the S&P 500.

FirstEnergy received 394 more outperform votes than IDACORP when rated by MarketBeat users. Likewise, 56.13% of users gave FirstEnergy an outperform vote while only 49.40% of users gave IDACORP an outperform vote.

CompanyUnderperformOutperform
IDACORPOutperform Votes
206
49.40%
Underperform Votes
211
50.60%
FirstEnergyOutperform Votes
600
56.13%
Underperform Votes
469
43.87%

In the previous week, FirstEnergy had 15 more articles in the media than IDACORP. MarketBeat recorded 19 mentions for FirstEnergy and 4 mentions for IDACORP. IDACORP's average media sentiment score of 0.83 beat FirstEnergy's score of 0.67 indicating that IDACORP is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IDACORP
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
FirstEnergy
9 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Summary

FirstEnergy beats IDACORP on 11 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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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IDA vs. The Competition

MetricIDACORPElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$6.28B$13.93B$12.21B$19.89B
Dividend Yield2.94%4.39%4.04%3.54%
P/E Ratio21.8916.12101.0742.58
Price / Sales3.568,690.3531.5418.13
Price / Cash12.868.8918.3217.85
Price / Book2.052.102.335.59
Net Income$261.20M$666.62M$610.50M$985.39M
7 Day Performance0.52%2.58%0.31%-0.19%
1 Month Performance12.59%1.99%-0.06%0.14%
1 Year Performance21.72%26.43%9.02%23.70%

IDACORP Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IDA
IDACORP
4.7833 of 5 stars
$117.96
+0.2%
$108.83
-7.7%
+21.7%$6.27B$1.77B21.892,112
FE
FirstEnergy
4.6617 of 5 stars
$41.73
+0.4%
$46.00
+10.2%
+11.5%$23.96B$12.87B26.9212,042Short Interest ↓
ES
Eversource Energy
4.6746 of 5 stars
$61.61
-0.1%
$70.46
+14.4%
+5.7%$22.60B$11.91B0.0010,171Short Interest ↓
Positive News
PNW
Pinnacle West Capital
3.6517 of 5 stars
$91.79
+0.9%
$82.04
-10.6%
+28.0%$10.44B$5.02B17.386,133Analyst Downgrade
OGE
OGE Energy
4.116 of 5 stars
$43.11
-0.1%
$39.40
-8.6%
+24.3%$8.67B$2.67B22.342,329Positive News
POR
Portland General Electric
3.7693 of 5 stars
$46.88
-0.1%
$48.86
+4.2%
+14.8%$4.95B$2.92B13.992,842Positive News
MGEE
MGE Energy
3.2758 of 5 stars
$103.89
-0.6%
$74.00
-28.8%
+41.4%$3.78B$690.43M31.77700News Coverage
Positive News
ALE
ALLETE
4.0944 of 5 stars
$64.36
-0.3%
$62.00
-3.7%
+15.5%$3.73B$1.88B20.631,560Positive News
OTTR
Otter Tail
3.0302 of 5 stars
$79.65
-0.4%
N/A+3.3%$3.35B$1.35B11.002,655Positive News
HE
Hawaiian Electric Industries
1.3603 of 5 stars
$10.48
-0.9%
$10.75
+2.6%
-22.3%$1.82B$3.68B0.003,706Analyst Forecast
UTL
Unitil
2.7663 of 5 stars
$59.27
+0.9%
N/A+20.2%$951.12M$557.10M20.23536

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This page (NYSE:IDA) was last updated on 11/21/2024 by MarketBeat.com Staff
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