Idacorp

IDA

Market cap $7.35B

IDA lifts its dividend again, with the board approving a hike from 86 cents per share to 88 cents.

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) announced today that its board of directors approved an increase in the regular quarterly cash dividend on IDACORP's common stock to $0.88 per share. At the new rate, the indicated dividend is $3.52 per share on an annual basis. “IDACORP's Board of Directors has approved a dividend increase every year since 2011, resulting in a cumulative dividend increase of 193% and compound annual dividend growth rate of 7.4% since 2011,” said Lisa Gro.

IDACORP offers low beta, strong long-term growth, and a 3% dividend yield, making it a standout in the energy sector. Idaho's economic and population growth, plus IDACORP's monopoly position and $4B capex plan, drive future earnings potential. Despite recent underperformance and share dilution, valuation remains attractive with a 12% upside and projected 3.1% dividend yield.

IDA's steady earnings growth, strong balance sheet, rising customer base, and clean energy focus make it a compelling utility investment.

IDACORP (IDA) Q2 Net Income Rises 7%

IDA posts in-line Q2 earnings and lifts EPS guidance as customer growth drives performance.

IDACORP, Inc. (NYSE:IDA ) Q2 2025 Earnings Conference Call July 31, 2025 4:30 PM ET Company Participants Adam J. Richins - Senior VP & COO Amy I.

IdaCorp (IDA) came out with quarterly earnings of $1.76 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.71 per share a year ago.

As rate cuts stall and market volatility returns, low-beta utility stocks like OGS, FTS, NWN and IDA offer steady upside.

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) reported second quarter 2025 net income attributable to IDACORP of $95.8 million, or $1.76 per diluted share, compared with $89.5 million, or $1.71 per diluted share, in the second quarter of 2024. “IDACORP's strong second quarter results were driven by higher than anticipated customer usage, continued customer growth, rate changes, and the expected use of tax credits under the company's Idaho regulatory mechanism,” said IDACORP President.