Idacorp Stock Price, News & Analysis

IDACORP (NYSE:IDA) will release third quarter 2025 results on Thursday, October 30, 2025 in a news release issued before markets open. The company will host an analyst conference call the same day at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) to discuss third quarter 2025 earnings.

Investors may join via a live webcast or listen-only by phone at 855-761-5600 with passcode 9290150. Conference slides will be posted at www.idacorpinc.com/investor-relations. A replay will be available on the company website for 12 months, shortly after the call.

IDACORP (NYSE: IDA) announced an increase in its quarterly cash dividend to $0.88 per share, resulting in an annual dividend of $3.52 per share. The company has consistently increased dividends since 2011, achieving a 193% cumulative increase and a 7.4% compound annual growth rate.

Due to elevated capital expenditure needs driven by customer and load growth, IDACORP is adjusting its target payout ratio to 50% to 60% of earnings. This adjustment aims to reduce equity needs and accommodate rapid investment rates. The company expects dividend growth rate and earnings per share growth rate to remain decoupled for the next few years.

IDACORP (NYSE: IDA) reported strong Q2 2025 results with net income of $95.8 million, or $1.76 per diluted share, up from $89.5 million ($1.71/share) in Q2 2024. The company increased the lower end of its 2025 earnings guidance to $5.70-$5.85 per diluted share.

Key performance drivers included 2.5% customer growth (approximately 16,000 new customers), higher customer usage due to dry weather conditions, and rate changes. The company broke ground on the Boardman-to-Hemingway 500kV transmission line after 19 years of permitting efforts.

However, results were partially offset by increased depreciation and financing costs, higher O&M expenses of $11.1 million, and increased non-operating expenses of $7.0 million due to higher debt balances and interest expenses.

IDACORP (NYSE:IDA) has announced its latest dividend declaration. The company's Board of Directors has declared a quarterly dividend of $0.86 per share. The dividend will be payable on September 2, 2025, to shareholders of record as of August 5, 2025.

IDACORP (NYSE:IDA) has scheduled its second quarter 2025 earnings release for Thursday, July 31, 2025, before market open. The company will host an analyst conference call at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) on the same day.

Interested parties can access the call through a live webcast or by dialing 855-761-5600 with passcode 9290150. The presentation slides will be available on the company's investor relations website, and a replay of the call will be accessible for 12 months following the event.

Idaho Power (NYSE: IDA) has released its 2025 Integrated Resource Plan (IRP), outlining significant expansion plans to meet projected energy demand growth over the next 20 years. The plan forecasts a 45% increase in peak demand (1,700 MW), with nearly 1,000 MW of growth expected within the next five years.

The utility's preferred portfolio emphasizes least-cost and reliability-enhancing generation and transmission projects, including the Boardman to Hemingway and Southwest Intertie projects - both 500-kilovolt transmission lines designed to enhance energy import capabilities. The plan was developed with input from the Integrated Resource Plan Advisory Council (IRPAC), which includes industrial customers, environmental groups, and other stakeholders.

Idaho Power, serving a 24,000-square-mile area across Idaho and Oregon, maintains its commitment to achieving 100% clean energy by 2045. The company currently operates 17 hydropower projects and serves over 650,000 customers.

IDACORP (NYSE: IDA) has announced the pricing of an upsized public offering of 4,504,505 shares of common stock at $111.00 per share. The company has entered into forward sale agreements with Morgan Stanley, J.P. Morgan, and Wells Fargo Securities, who will act as joint lead bookrunners. The underwriters have an option to purchase up to 675,675 additional shares. The offering is expected to close around May 12, 2025, with settlement of the forward sale agreements occurring within 18 months of completion. IDACORP will not initially receive proceeds from the share sale but may receive proceeds upon physical settlement, which would be used for general corporate purposes, including capital expenditures.

IDACORP (NYSE: IDA) has announced a $450 million public offering of common stock shares, with an additional option for underwriters to purchase up to $67.5 million of additional shares. The offering involves forward sale agreements with Morgan Stanley, J.P. Morgan, and Wells Fargo Securities, who will act as joint lead bookrunners. Under these agreements, settlement is expected within 18 months following the offering completion. IDACORP won't initially receive proceeds from the share sale but plans to use any net proceeds from potential physical settlement for general corporate purposes, including capital expenditures. The offering will be conducted through an effective shelf registration statement filed with the SEC.

IDACORP (NYSE: IDA) reported Q1 2025 net income of $59.6 million ($1.10 per share), up from $48.2 million ($0.95 per share) in Q1 2024. The improvement was driven by customer growth of 2.6% (16,500 new customers), rate changes, and tax credit utilization. The company reaffirmed its 2025 earnings guidance of $5.65-$5.85 per share. Key factors affecting results included increased retail revenues (+$11.3M), customer growth benefits (+$7.3M), higher O&M expenses (-$7.2M), and increased depreciation (-$5.8M). Idaho Power plans significant capital investments in three major transmission projects and generation resources to support growing customer needs. The company expects to use $60-77 million in additional tax credits under Idaho's regulatory mechanism in 2025.