IDA vs. EIX, ES, PNW, OGE, POR, ALE, MGEE, OTTR, HE, and ARRY
Should you be buying IDACORP stock or one of its competitors? The main competitors of IDACORP include Edison International (EIX), Eversource Energy (ES), Pinnacle West Capital (PNW), OGE Energy (OGE), Portland General Electric (POR), ALLETE (ALE), MGE Energy (MGEE), Otter Tail (OTTR), Hawaiian Electric Industries (HE), and Array Technologies (ARRY). These companies are all part of the "electric utilities" industry.
IDACORP vs.
IDACORP (NYSE:IDA) and Edison International (NYSE:EIX) are both utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, profitability, risk, dividends, institutional ownership, community ranking, earnings, valuation and analyst recommendations.
In the previous week, Edison International had 42 more articles in the media than IDACORP. MarketBeat recorded 52 mentions for Edison International and 10 mentions for IDACORP. IDACORP's average media sentiment score of 0.71 beat Edison International's score of 0.00 indicating that IDACORP is being referred to more favorably in the media.
Edison International has higher revenue and earnings than IDACORP. Edison International is trading at a lower price-to-earnings ratio than IDACORP, indicating that it is currently the more affordable of the two stocks.
89.1% of IDACORP shares are owned by institutional investors. Comparatively, 89.0% of Edison International shares are owned by institutional investors. 0.5% of IDACORP shares are owned by company insiders. Comparatively, 1.2% of Edison International shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Edison International received 553 more outperform votes than IDACORP when rated by MarketBeat users. Likewise, 62.83% of users gave Edison International an outperform vote while only 49.28% of users gave IDACORP an outperform vote.
IDACORP currently has a consensus target price of $111.00, suggesting a potential upside of 0.61%. Edison International has a consensus target price of $83.58, suggesting a potential upside of 33.25%. Given Edison International's stronger consensus rating and higher possible upside, analysts clearly believe Edison International is more favorable than IDACORP.
IDACORP has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500. Comparatively, Edison International has a beta of 0.93, suggesting that its stock price is 7% less volatile than the S&P 500.
IDACORP has a net margin of 15.35% compared to Edison International's net margin of 8.52%. Edison International's return on equity of 13.17% beat IDACORP's return on equity.
IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 3.1%. Edison International pays an annual dividend of $3.31 per share and has a dividend yield of 5.3%. IDACORP pays out 63.8% of its earnings in the form of a dividend. Edison International pays out 97.1% 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.
Summary
Edison International beats IDACORP on 12 of the 21 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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 1/20/2025 by MarketBeat.com Staff