IDA

IDACORP, Inc.

Fundamental data last updated:September 12, 2026

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company profile

SECTOR

Utilities

industry

Regulated Electric

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

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. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

 


VALUATION

P/E

23.26

Market Cap ($M USD)

$7.77B

Forward P/E

15.77

PEG

0.33

PRICE TO SALES

4.36

PRICE TO BOOK

2.12

EV / EBITDA

16.10

5-Year Average P/E

Free Cash Flow Yield

-10.24%

DCF Value

$-29.82

Graham Number

$94.77

Price to FCF

-9.76

EV to FCF

-14.37

Earnings Yield

4.30%

FCF Yield

-10.24%

DIVIDEND

Yield

2.50%

Annual Payout

$3.50

Payout Ratio

57.49%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$6.03

Next Year EPS Growth Estimate

$8.90

Next Year Revenue Growth Estimate

$2.81B

Return on Equity (ROE)

9.42%

FREE CASH FLOW

Operating Margin

19.94%

Debt-to-Equity

1.03

Piotroski F-Score

4

Altman Z-Score

1.31

Return on Invested Capital (ROIC)

3.66%

Current Ratio

1.21

Quick Ratio

1.21

Net Debt to EBITDA

5.17

Interest Coverage

2.03

Gross Profit margin

20.21%

FCF PER SHARE

$-14.47

REVENUE PER SHARE

$32.40

Gainseekers Quantitative Analysis

Summary

IDA IDACORP, Inc. appears to be a classic case of market mispricing. Despite a snapshot price that trades significantly above its DCF value, the stock’s Forward P/E of 16.58 suggests a more reasonable valuation relative to its earnings growth potential. The Earnings Yield of 4.19% and a troubling Altman Z-score of 1.32 raise red flags about financial safety, hinting at potential distress. However, the PEG ratio of 0.38 indicates that growth is priced attractively, offering a glimmer of hope for value investors. Overall, the financial health is mixed, with valuation metrics suggesting both opportunity and caution.

AI Exposure / Tech Reliance

As a regulated electric utility, IDA IDACORP is not directly exposed to rapid AI or tech shifts. However, its stable industry allows for gradual integration of smart grid technologies and efficiency improvements. This resilience positions it to adapt without the volatility seen in tech-heavy sectors.

The Bull Case

For the discerning GARP investor, IDA IDACORP offers compelling reasons to buy. The company's ROIC of 3.66% and operating margin of 19.94% reflect solid capital efficiency and pricing power. Despite a negative FCF yield, the Piotroski F-Score of 4 suggests some financial health. These metrics indicate a company that, while facing cash flow challenges, maintains operational strength and potential for growth.

The Bear Case

The bear case for IDA IDACORP is hard to ignore. With a Price/Book ratio of 2.18 and Price/Sales of 4.48, the stock is trading at high valuation multiples, suggesting overvaluation. The negative FCF yield and EV to FCF ratio of -14.63 highlight severe cash flow issues. Additionally, the proximity to its 52-week high raises concerns about technical overextension, making it a risky bet for cautious investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$148.86

Institutional Ownership %

1-Year Beta

0.52

Insider Buying % (6 Mo)

Distance to 52-Week High

6.74%

Distance to 52-Week Low

20.78%

EARNINGS SURPRISE %

8.04%

50-DAY SMA

$143.54

200-DAY SMA

$134.55

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.