Idacorp Stock Price, News & Analysis

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.

IDACORP (NYSE: IDA) has announced its latest dividend declaration. The company's Board of Directors has approved a quarterly dividend of $0.86 per share for common stockholders. The dividend will be paid on May 30, 2025, to shareholders who are recorded as holders at the close of business on May 5, 2025.

IDACORP (NYSE:IDA) has announced it will release its first quarter 2025 earnings report on Thursday, May 1, 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 calling 855-761-5600 in listen-only mode using passcode 9290150. The presentation slides will be available on the company's website, and a replay of the conference call will be accessible on idacorpinc.com/investor-relations for 12 months following the event.

Albertsons Companies (NYSE: ACI) announced a CEO succession plan where Susan Morris, current EVP and COO, will succeed Vivek Sankaran as CEO effective May 1, 2025. Morris, with nearly 40 years of experience at Albertsons, will also join the company's Board of Directors.

Morris currently oversees retail operations of more than 2,200 stores across 34 states. She began her career at an Albertsons store in Denver and has held various leadership roles in merchandising and operations. The company reaffirmed its Fiscal 2024 outlook, projecting:

• Identical sales growth: 1.8% to 2.0%
• Adjusted EBITDA: $3.95 billion to $3.99 billion
• Adjusted net income per Class A share: $2.25 to $2.31
• Capital expenditures: $1.8 billion to $1.9 billion