IDACORP (IDA) Expected to Announce Earnings on Thursday

IDACORP (NYSE:IDA) will likely be announcing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect IDACORP to announce earnings of $1.79 per share and revenue of $511.8730 million for the quarter. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. Interested persons may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 4:30 PM ET.

IDACORP (NYSE:IDA) last released its quarterly earnings data on Thursday, April 30th. The energy company reported $1.21 EPS for the quarter, beating the consensus estimate of $1.12 by $0.09. The business had revenue of $403.41 million during the quarter, compared to the consensus estimate of $437.51 million. IDACORP had a net margin of 18.60% and a return on equity of 9.40%. During the same quarter in the prior year, the firm earned $1.10 EPS. On average, analysts expect IDACORP to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

IDACORP Trading Up 0.4%

Shares of IDACORP stock opened at $148.68 on Wednesday. IDACORP has a twelve month low of $120.69 and a twelve month high of $154.91. The company has a quick ratio of 0.95, a current ratio of 1.21 and a debt-to-equity ratio of 1.01. The business has a 50-day moving average price of $145.55 and a 200-day moving average price of $142.22. The firm has a market cap of $8.24 billion, a price-to-earnings ratio of 24.74, a PEG ratio of 2.95 and a beta of 0.48.

IDACORP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Wednesday, August 5th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Wednesday, August 5th. This represents a $3.52 dividend on an annualized basis and a yield of 2.4%. IDACORP’s dividend payout ratio is presently 58.57%.

Analyst Ratings Changes

Several research firms have weighed in on IDA. BTIG Research restated a “buy” rating and set a $160.00 price target on shares of IDACORP in a report on Thursday, July 23rd. Weiss Ratings raised IDACORP from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded IDACORP from a “strong sell” rating to a “sell” rating in a research report on Saturday. Wells Fargo & Company raised shares of IDACORP from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $121.00 to $154.00 in a report on Tuesday, July 21st. Finally, Mizuho set a $157.00 price target on shares of IDACORP in a research report on Friday, May 1st. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $155.14.

Insiders Place Their Bets

In other IDACORP news, VP James Bo D. Hanchey sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $140.95, for a total transaction of $211,425.00. Following the sale, the vice president directly owned 2,138 shares in the company, valued at $301,351.10. This represents a 41.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.33% of the stock is owned by insiders.

Hedge Funds Weigh In On IDACORP

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd lifted its position in IDACORP by 630.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 219 shares of the energy company’s stock worth $29,000 after buying an additional 189 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new position in IDACORP during the third quarter worth $34,000. Los Angeles Capital Management LLC bought a new position in IDACORP during the fourth quarter valued at $35,000. Smartleaf Asset Management LLC increased its position in IDACORP by 62.0% during the second quarter. Smartleaf Asset Management LLC now owns 311 shares of the energy company’s stock valued at $36,000 after acquiring an additional 119 shares during the last quarter. Finally, Osterweis Capital Management Inc. purchased a new stake in shares of IDACORP in the fourth quarter valued at $45,000. Hedge funds and other institutional investors own 89.10% of the company’s stock.

About IDACORP

IDACORP, Inc is a diversified energy holding company headquartered in Boise, Idaho, whose primary subsidiary, Idaho Power Company, operates as a regulated electric utility. Through Idaho Power, the company provides generation, transmission and distribution services to residential, commercial and industrial customers. The company’s service territory spans southern Idaho and eastern Oregon, where it serves over half a million customers with a mix of hydroelectric, natural gas, wind and solar generation assets.

Idaho Power’s generation portfolio is anchored by a network of hydroelectric facilities along the Snake River system, complemented by natural-gas-fired plants and growing investments in renewable resources.