What is Zacks Research’s Forecast for IDACORP Q4 Earnings?

IDACORP, Inc. (NYSE:IDA) – Analysts at Zacks Research lifted their Q4 2025 earnings per share estimates for shares of IDACORP in a research note issued to investors on Friday, September 5th. Zacks Research analyst Team now anticipates that the energy company will earn $0.69 per share for the quarter, up from their prior estimate of $0.68. The consensus estimate for IDACORP’s current full-year earnings is $5.81 per share. Zacks Research also issued estimates for IDACORP’s Q1 2026 earnings at $1.19 EPS, Q2 2026 earnings at $1.91 EPS, Q2 2027 earnings at $2.06 EPS and FY2027 earnings at $6.91 EPS.

IDACORP (NYSE:IDA) last released its earnings results on Thursday, July 31st. The energy company reported $1.76 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.76. The company had revenue of $531.10 million during the quarter, compared to analyst estimates of $478.14 million. IDACORP had a return on equity of 9.18% and a net margin of 16.96%.During the same quarter in the previous year, the company posted $1.71 EPS. IDACORP has set its FY 2025 guidance at 5.700-5.850 EPS.

IDA has been the topic of several other research reports. UBS Group reiterated a “neutral” rating and issued a $120.00 price target (up previously from $118.00) on shares of IDACORP in a report on Friday, July 11th. Morgan Stanley set a $133.00 target price on shares of IDACORP and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Finally, Wall Street Zen upgraded shares of IDACORP from a “sell” rating to a “hold” rating in a research report on Friday, July 18th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $123.57.

IDACORP Price Performance

IDA opened at $124.44 on Monday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.12 and a current ratio of 1.45. The stock has a market capitalization of $6.72 billion, a PE ratio of 21.91, a price-to-earnings-growth ratio of 2.58 and a beta of 0.59. The stock’s 50 day moving average price is $122.92 and its 200-day moving average price is $118.16. IDACORP has a 52-week low of $99.81 and a 52-week high of $128.50.

Hedge Funds Weigh In On IDACORP

A number of hedge funds have recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new stake in shares of IDACORP during the 2nd quarter valued at about $28,000. Elite Financial Inc. purchased a new position in shares of IDACORP during the first quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd lifted its position in IDACORP by 621.6% during the first quarter. Caitong International Asset Management Co. Ltd now owns 267 shares of the energy company’s stock valued at $31,000 after purchasing an additional 230 shares during the period. Ameritas Advisory Services LLC purchased a new stake in IDACORP in the second quarter worth approximately $31,000. Finally, Opal Wealth Advisors LLC purchased a new stake in IDACORP in the first quarter worth approximately $34,000. 89.10% of the stock is currently owned by hedge funds and other institutional investors.

IDACORP Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Tuesday, August 5th were paid a $0.86 dividend. This represents a $3.44 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, August 5th. IDACORP’s dividend payout ratio is currently 60.56%.

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.