IDACORP, Inc. (IDA) to Issue Quarterly Dividend of $0.88 on August 31st

IDACORP, Inc. (NYSE:IDA) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Wednesday, August 5th will be paid a dividend of 0.88 per share by the energy company on Monday, August 31st. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date is Wednesday, August 5th.

IDACORP has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 13 consecutive years. IDACORP has a dividend payout ratio of 55.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect IDACORP to earn $6.93 per share next year, which means the company should continue to be able to cover its $3.52 annual dividend with an expected future payout ratio of 50.8%.

IDACORP Price Performance

Shares of IDA stock opened at $143.40 on Monday. IDACORP has a fifty-two week low of $122.30 and a fifty-two week high of $154.91. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.75 and a current ratio of 0.99. The firm has a market capitalization of $8.29 billion, a price-to-earnings ratio of 23.74, a PEG ratio of 2.46 and a beta of 0.48. The stock’s 50-day simple moving average is $145.64 and its 200-day simple moving average is $142.55.

IDACORP (NYSE:IDA) last announced its quarterly earnings data on Thursday, July 30th. The energy company reported $1.79 EPS for the quarter, beating the consensus estimate of $1.78 by $0.01. The firm had revenue of $469.80 million during the quarter, compared to analyst estimates of $511.87 million. IDACORP had a net margin of 18.78% and a return on equity of 9.34%. During the same period last year, the firm posted $1.76 EPS. IDACORP has set its FY 2026 guidance at 6.300-6.450 EPS. As a group, equities analysts forecast that IDACORP will post 6.39 earnings per share for the current fiscal year.

Trending Headlines about IDACORP

Here are the key news stories impacting IDACORP this week:

• Positive Sentiment: IDACORP reported second-quarter net income of $102.6 million, or $1.79 per diluted share, up from $95.8 million, or $1.76 per share, a year earlier. EPS exceeded consensus estimates, supported by customer growth, rate changes and revenue from large contract customers. IDACORP Second-Quarter 2026 Results
• Positive Sentiment: The company raised the lower end of its 2026 EPS guidance to $6.30-$6.45 from $6.25-$6.45. Management cited ongoing customer growth, rate changes and the addition of 250 megawatts of battery capacity, while assuming normal weather and limited additional tax credits. IDACORP Raises 2026 Guidance
• Positive Sentiment: Wells Fargo raised its price target to $155 from $154, indicating potential upside from recent trading levels, though it maintained an “equal weight” rating. Wells Fargo IDACORP Price Target Update
• Neutral Sentiment: Revenue increased year over year but came in at $469.8 million, below the approximately $511.9 million analyst forecast. This creates a counterpoint to the EPS beat, particularly for investors focused on utility revenue growth. IDACORP Q2 Earnings and Revenue Results
• Negative Sentiment: Recent insider activity shows several company executives selling shares and no reported insider purchases over the past six months. While these transactions may be routine, they could modestly weigh on sentiment.

IDACORP Company Profile

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.