<div id="readability-page-1"><p>IDACORP, Inc. (NYSE:IDA - Get Free Report) has been given a consensus rating of &#34;Moderate Buy&#34; by the nine analysts that are presently  covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, six have issued  a buy recommendation and one  has given a strong buy recommendation to  the company. The average 1 year target price among brokerages that have covered the stock in the last year is $136.50.</p><ul><li>How to Invest in Renewable Energy</li></ul><p>Several equities analysts have recently issued reports on IDA shares. Mizuho raised their price target on shares of IDACORP from $129.00 to $144.00 and gave the company an &#34;outperform&#34; rating in a research note on Monday, October 27th. Weiss Ratings  restated a &#34;buy (b)&#34; rating on shares of IDACORP in a report on Wednesday, October 8th. BTIG Research raised IDACORP to a &#34;strong-buy&#34; rating in a research report on Wednesday, October 22nd. Morgan Stanley  set a $137.00 target price on IDACORP in a report on Thursday, November 20th. Finally, UBS Group  reissued a &#34;neutral&#34; rating on shares of IDACORP in a research note on Tuesday.</p><p><b>Check Out Our Latest Research Report on IDA</b></p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds and other institutional investors have recently modified their holdings of the company. Allworth Financial LP increased its position in shares of  IDACORP by 25.3% during the third quarter. Allworth Financial LP now owns 2,256 shares of the energy company's stock worth $298,000 after buying an additional 455 shares during the period.  Swiss Life Asset Management Ltd bought a new stake in shares of  IDACORP during the 3rd quarter valued at about $331,000.  CIBC Bancorp USA Inc. bought a new position in shares of  IDACORP during the 3rd quarter worth approximately $365,000.  Coldstream Capital Management Inc. boosted its stake in  IDACORP by 12.2% during the third quarter. Coldstream Capital Management Inc. now owns 3,777 shares of the energy company's stock worth $499,000 after acquiring an additional 412 shares in the last quarter.  Finally, Caitong International Asset Management Co. Ltd grew its holdings in  IDACORP by 630.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 219 shares of the energy company's stock worth $29,000 after purchasing an additional 189 shares during the period. Institutional investors and hedge funds own  89.10% of the company's stock. </p><h2>IDACORP Stock Performance</h2><p>Shares of IDA stock opened at $126.78 on Friday. The firm has a market capitalization of $6.85 billion, a price-to-earnings ratio of 21.78, a PEG ratio of 2.70 and a beta of 0.61. The company has a current ratio of 1.09, a quick ratio of 0.82 and a debt-to-equity ratio of 0.95. The business's 50-day moving average price is $131.40 and its 200-day moving average price is $124.54. IDACORP has a 12 month low of $104.74 and a 12 month high of $138.03. </p><p>IDACORP (NYSE:IDA - Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The energy company reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.23 by $0.03. IDACORP had a return on equity of 9.35% and a net margin of 17.59%.The company had revenue of $524.42 million during the quarter, compared to the consensus estimate of $663.09 million. During the same quarter in the prior year, the firm posted $2.12 earnings per share. IDACORP has set its FY 2025 guidance at 5.800-5.900 EPS.  Equities research analysts forecast that  IDACORP will post 5.81 EPS for the current year. </p><h2>IDACORP Increases Dividend</h2><p>The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Wednesday, November 5th were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Wednesday, November 5th. This represents a $3.52 dividend on an annualized basis and a yield of 2.8%. This is a boost from IDACORP's previous quarterly dividend of $0.86. IDACORP's payout ratio is currently 60.48%. </p><h2>IDACORP Company Profile</h2> (Get Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than IDACORP</li><li>How to invest in marijuana stocks in 7 steps </li><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li><li>How is Compound Interest Calculated?</li><li>Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish</li><li>How to Use Stock Screeners to Find Stocks</li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlEQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlEQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in IDACORP Right Now?</h2><p>Before you consider IDACORP, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IDACORP wasn't on the list.</p><p>While IDACORP currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>IDACORP, Inc. (NYSE:IDA) has received a consensus rating of "Moderate Buy" from nine analysts, with target prices ranging from $129 to $144. Institutional investors have adjusted their holdings, and the company reported strong quarterly earnings. IDACORP increased its quarterly dividend to $0.88 per share, yielding 2.8%. The stock opened at $126.78, with a market cap of $6.85 billion and a 12-month high of $138.03.</p>

IDACORP, Inc. (NYSE:IDA) Receives Consensus Rating of "Moderate Buy" from Analysts