Welcome to our dedicated page for Idacorp news (Ticker: IDA), a resource for investors and traders seeking the latest updates and insights on Idacorp stock.
IDACORP, Inc. (NYSE: IDA) is a Boise, Idaho-based holding company whose primary business is the regulated electric utility operations of Idaho Power. News about IDACORP often centers on Idaho Power’s financial performance, regulatory developments, and long-term resource planning for its 24,000-square-mile service area in Idaho and Oregon.
Investors following IDA news can expect regular coverage of quarterly and year-to-date earnings results, including discussions of net income, earnings per share, customer growth, and the impact of rate changes approved by regulators. Company releases frequently explain how factors such as retail revenues per megawatt-hour, usage per retail customer, power cost adjustment mechanisms, and accumulated deferred investment tax credits affect Idaho Power’s operating income and net income.
Another key news theme is IDACORP’s interaction with state regulators through general rate cases and settlement stipulations. Updates describe requested and approved changes in annual Idaho-jurisdictional retail revenues, authorized returns on equity, rate base levels, and mechanisms for wildfire mitigation cost deferrals and revenue sharing with customers. These items are detailed in both company press releases and related Form 8-K filings.
News flow also includes information on capital markets activity, such as public offerings of common stock and related forward sale agreements, as well as updates on major infrastructure projects like high-voltage transmission lines and leased battery storage facilities. Dividend declarations and board-approved dividend increases are another recurring topic in IDACORP’s announcements.
By monitoring this IDA news page, readers can track how Idaho Power’s customer growth, capital expenditures, regulatory outcomes, and financing decisions are described by the company in its public communications and SEC-reported materials.
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
IDACORP (NYSE: IDA) reported strong financial results for Q4 and full-year 2024. Fourth quarter net income reached $37.9 million ($0.70 per share), up from $31.3 million ($0.61 per share) in Q4 2023. Full-year 2024 net income increased to $289.2 million ($5.50 per share) from $261.2 million ($5.14 per share) in 2023.
The company benefited from 2.6% customer growth, rate changes, and favorable weather conditions. Higher depreciation and financing costs partially offset these benefits. Looking ahead, IDACORP initiated 2025 earnings guidance of $5.65 to $5.85 per diluted share, expecting to use $60-77 million in additional tax credits under Idaho's regulatory mechanism.
Key drivers of 2024's performance included increased retail revenues, successful property tax litigation resulting in refunds, and moderate wholesale power prices. However, the company faced higher O&M expenses, particularly in pension-related costs and wildfire mitigation programs.
IDACORP (NYSE: IDA) has announced it will release its fourth quarter 2024 earnings report on Thursday, February 20, 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 to discuss the results.
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 during the call. A replay of the conference call will be accessible on IDACORP's website for 12 months following the event.
IDACORP (NYSE: IDA) has announced its board of directors has declared a dividend of $0.86 per share on its common stock. The dividend will be paid on February 28, 2025, to shareholders who are recorded as holders at the close of business on February 5, 2025.
IDACORP reported Q3 2024 net income of $113.6 million ($2.12 per share), up from $105.3 million ($2.07 per share) in Q3 2023. The increase was driven by customer growth (+2.6%), rate changes, and favorable weather conditions. The company raised the lower end of its 2024 earnings guidance to $5.35-$5.45 per share. Idaho Power announced plans to procure company-owned battery resources and its first wind power project in Wyoming. Higher depreciation and interest expenses partially offset the quarter's benefits. Tax credits expected to support earnings improved to $25-35 million for 2024.
IDACORP, Inc. (NYSE:IDA) has scheduled its third quarter 2024 earnings release for Thursday, October 31, before the stock markets 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 to discuss the results. Interested parties can join via a live webcast or by calling (855) 761-5600 for listen-only mode, using the passcode 9290150.
Conference call details and slides will be available on IDACORP's website. A replay of the call will be accessible on the company's website for 12 months. IDACORP, formed in 1998, is a holding company that includes Idaho Power Company, IDACORP Financial, and Ida-West Energy. Idaho Power, serving southern Idaho and eastern Oregon, aims for 100% clean energy by 2045.
FAQ
What is the current stock price of Idacorp (IDA)?
What is the market cap of Idacorp (IDA)?
