IDACORP
Operates Idaho Power and smaller real-estate and small-hydroelectric businesses.
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Profile
Idaho Power supplies regulated electricity across Idaho and Oregon, forming the core of the holding company. Smaller businesses include IDACORP Financial's real-estate investments and Ida-West Energy's small hydroelectric projects.
Electricity service across southern Idaho and eastern Oregon is delivered through Idaho Power, the regulated utility at the center of the holding company. It serves residential, business, and agricultural customers. IDACORP Financial holds affordable-housing and other real-estate investments, while Ida-West Energy operates PURPA-qualified small hydroelectric projects.
Generation pairs a hydroelectric base with wind, solar, and geothermal resources. Customer and load growth is driving resource additions, making regulated resource planning, construction, and recovery of utility costs central dependencies. Idaho Power has a stated goal of providing fully clean energy by 2045.
Company facts
Key statistics
Year to date +6.6% · Average volume (30d) 474.1K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 21, 2026 | Morgan Stanley | Reiterate | Overweight | $156 | $151 | |
| Aug 3, 2026 | Barclays | Reiterate | Overweight | $167 | $162 | |
| Jul 23, 2026 | BTIG | Reiterate | Buy | $156 | $160 | |
| Jul 22, 2026 | Morgan Stanley | Reiterate | Overweight | $152 | $156 | |
| Jul 22, 2026 | Wells Fargo | Upgrade | Underweight | Equal Weight |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $1.78 | $1.79 | +0.6% | $511.9M | $499.9M | −2.3% | −1.73% |
| Apr 30, 2026Q1 FY26 | $1.12 | $1.21 | +8.0% | $437.5M | $403.4M | −7.8% | −0.44% |
| Feb 19, 2026Q4 FY25 | $0.74 | $0.78 | +5.4% | $533.1M | $519.3M | −2.6% | +1.15% |
| Oct 30, 2025Q3 FY25 | $2.23 | $2.26 | +1.3% | $533.1M | $524.4M | −1.6% | −1.60% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $432.5M | $450.9M | $524.4M | $404.7M | $402.5M | $469.8M | |
| Gross profit | $55.6M | $101.2M | $134.3M | $73.2M | $51.6M | $131.7M | |
| Operating income | $54.9M | $100.6M | $133.2M | $70.8M | $50.9M | $130.5M | |
| Net income | $59.6M | $95.8M | $124.4M | $43.6M | $68.0M | $102.6M | |
| Diluted EPS | $1.10 | $1.76 | $2.26 | $0.78 | $1.21 | $1.79 | |
| Gross margin | 12.8% | 22.4% | 25.6% | 18.1% | 12.8% | 28.0% | |
| Operating margin | 12.7% | 22.3% | 25.4% | 17.5% | 12.6% | 27.8% |
Fiscal years (4-quarter sums)FY21 $1.46B · FY22 $1.64B · FY23 $1.77B · FY24 $1.83B · FY25 $1.81B
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $83.6M · Total debt $4.01B · Total assets $10.87B · Shareholders' equity $3.77B
Dividends
Raised for 21 straight years — most recently to $0.88 from $0.86 in Nov 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 5, 2026 | Aug 5 | Aug 31 | $0.88 | |
| May 5, 2026 | May 5 | Jun 1 | $0.88 | |
| Feb 5, 2026 | Feb 5 | Mar 2 | $0.88 | |
| Nov 5, 2025 | Nov 5 | Dec 1 | $0.88 | raised from $0.86 |
| Aug 5, 2025 | Aug 5 | Sep 2 | $0.86 | |
| May 5, 2025 | May 5 | May 30 | $0.86 | |
| Feb 5, 2025 | Feb 5 | Feb 28 | $0.86 | |
| Nov 5, 2024 | Nov 5 | Dec 2 | $0.86 | raised from $0.83 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 57.84M · Float 57.60M · 99.6% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 6.83M | 11.81% | 13F | Aug 7, 2026 |
| Vanguard Portfolio Management LLC | 3.29M | 5.69% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 2.50M | 4.31% | 13F | Aug 13, 2026 |
| Wellington Management Group LLP | 2.45M | 4.24% | 13F | Aug 14, 2026 |
| FMR LLC | 2.21M | 3.82% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 10, 2026 | Adam J. Richins | officer: EVP and COO (IPC) | −1,500 | $142.03 |
| May 29, 2026 | James Bo D. Hanchey | officer: VP of Cust Op & CSO (IPC) | −1,500 | $140.95 |
| Mar 3, 2026 | Timothy E. Tatum | officer: VP Regulatory Affairs (IPC) | −1,479 | $142.51 |
| Feb 23, 2026 | Mitchel D. Colburn | officer: VP of Plan, Eng, & Const (IPC) | −1,300 | $142.65 |
| Feb 23, 2026 | Julia A. Hilton | officer: VP and General Counsel | −1,000 | $142.79 |
Peers
- Avista
Northwest electric, gas, and wholesale-energy utility peer
- The MDU Resources Group
Southern Idaho natural-gas alternative for homes and businesses
- Portland General Electric
Oregon electric and wholesale-market utility peer
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| IDACORP | $135.78 | +0.04% | $7.85B | 22.5 | 20.5 | 4.4 | +10.9% |
| Avista | $37.66 | 0.00% | $3.15B | 13.5 | 14.3 | 1.6 | +0.5% |
| The MDU Resources Group | $19.79 | 0.00% | $4.14B | 20.8 | 19.7 | 2.3 | +6.8% |
| Portland General Electric | $49.60 | 0.00% | $5.74B | 21.8 | 13.4 | 1.7 | +0.9% |
| Median | 20.8 | 14.3 | 1.7 | +0.9% |