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IDA
Upturn stock ratingUpturn stock rating

IDACORP Inc (IDA)

Upturn stock ratingUpturn stock rating
$117.39
Delayed price
Profit since last BUY4.14%
upturn advisory
Consider higher Upturn Star rating
BUY since 29 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

04/01/2025: IDA (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit -1.19%
Avg. Invested days 38
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.43B USD
Price to earnings Ratio 21.61
1Y Target Price 126.12
Price to earnings Ratio 21.61
1Y Target Price 126.12
Volume (30-day avg) 346581
Beta 0.59
52 Weeks Range 85.85 - 119.58
Updated Date 04/2/2025
52 Weeks Range 85.85 - 119.58
Updated Date 04/2/2025
Dividends yield (FY) 2.93%
Basic EPS (TTM) 5.51

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 15.83%
Operating Margin (TTM) 6.8%

Management Effectiveness

Return on Assets (TTM) 2.26%
Return on Equity (TTM) 9.27%

Valuation

Trailing PE 21.61
Forward PE 20
Enterprise Value 9041158438
Price to Sales(TTM) 3.52
Enterprise Value 9041158438
Price to Sales(TTM) 3.52
Enterprise Value to Revenue 4.95
Enterprise Value to EBITDA 13.52
Shares Outstanding 53977000
Shares Floating 53705508
Shares Outstanding 53977000
Shares Floating 53705508
Percent Insiders 0.47
Percent Institutions 88.22

Analyst Ratings

Rating 3.75
Target Price 117.75
Buy -
Strong Buy 3
Buy -
Strong Buy 3
Hold 5
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

IDACORP Inc

stock logo

Company Overview

overview logo History and Background

IDACORP Inc. was founded in 1998 as a holding company for Idaho Power, which traces its roots back to 1916. The company has grown to become a major energy provider in the region, focusing on providing reliable and affordable electricity.

business area logo Core Business Areas

  • Idaho Power: Idaho Power generates, transmits, distributes, and sells electricity to retail customers in southern Idaho and eastern Oregon.

leadership logo Leadership and Structure

IDACORP Inc. is led by a Board of Directors and an executive management team. The organizational structure is typical of a publicly traded utility company, with departments responsible for operations, finance, regulatory affairs, and customer service.

Top Products and Market Share

overview logo Key Offerings

  • Electricity Distribution: IDACORP, through Idaho Power, distributes electricity to over 600,000 customers. Market share is primarily within its service territory in southern Idaho and eastern Oregon, holding a dominant position. Competitors are primarily smaller, municipal power companies and cooperatives. Revenue from this product is the majority of IDACORP's total revenue.

Market Dynamics

industry overview logo Industry Overview

The electric utility industry is undergoing a transformation with a focus on renewable energy, grid modernization, and increased regulation. Demand is generally stable but influenced by economic conditions and population growth.

Positioning

IDACORP Inc. is a well-established utility company with a strong presence in its service territory. Its competitive advantages include a diverse generation portfolio, including hydropower, and a focus on customer service. They are working towards increasing their renewable energy portfolio.

Total Addressable Market (TAM)

The TAM for electricity in IDACORP's service area is estimated to be in the billions of dollars annually. IDACORP is positioned to capture a significant share of this TAM due to its established infrastructure and customer base.

Upturn SWOT Analysis

Strengths

  • Established Infrastructure
  • Strong Customer Base
  • Diverse Generation Portfolio (including Hydropower)
  • Stable Regulatory Environment
  • Financial Stability

Weaknesses

  • Geographic Concentration
  • Dependence on Hydropower Availability
  • Exposure to Commodity Price Volatility
  • Capital Intensive Operations

Opportunities

  • Growing Population in Service Territory
  • Investments in Renewable Energy
  • Grid Modernization Projects
  • Expansion of Energy Efficiency Programs

Threats

  • Changes in Regulatory Policies
  • Increased Competition from Alternative Energy Sources
  • Drought Conditions Affecting Hydropower
  • Economic Downturn in Service Territory

Competitors and Market Share

competitor logo Key Competitors

  • PNW (PotlatchDeltic Corporation)
  • NEE (NextEra Energy, Inc.)
  • CMS (CMS Energy Corporation)

Competitive Landscape

IDACORP has advantages in its local market due to its established infrastructure and customer base. However, larger national players like NEE have greater resources and diversification.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: IDACORP's growth has been steady, driven by population growth in its service territory and investments in infrastructure.

Future Projections: Analysts expect continued steady growth for IDACORP, driven by increasing electricity demand and investments in renewable energy.

Recent Initiatives: Recent initiatives include investments in renewable energy projects and grid modernization efforts.

Summary

IDACORP is a stable and well-managed utility company with a strong presence in its service territory. Its focus on renewable energy and grid modernization positions it well for the future. However, its geographic concentration and dependence on hydropower present potential risks. Overall, IDACORP is a sound investment with steady growth potential, but investors should be aware of the regulatory and environmental factors affecting the company.

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Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Investor Relations Materials
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company performance are subject to change. Consult with a financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About IDACORP Inc

Exchange NYSE
Headquaters Boise, ID, United States
IPO Launch date 1986-10-17
CEO, President & Director Ms. Lisa A. Grow
Sector Utilities
Industry Utilities - Regulated Electric
Full time employees 2130
Full time employees 2130

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; and three natural gas-fired plants situated in southern Idaho, as well as interests in a coal-fired and natural gas-fired steam generating plant located in Wyoming; and interests in a coal-fired steam generating plant situated in Nevada. As of December 31, 2024, it had approximately 4,755 pole miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 12 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; approximately 29,660 linear miles of distribution lines; and a capacity of 908 MWh of battery storage. The company provides electric utility services to approximately 649,000 retail customers in southern Idaho and eastern Oregon. It serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, education, and information technology. The company also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

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