Idacorp
About: Idacorp Inc is a holding company that, through its subsidiaries, acts as an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. To do this, Idacorp owns and operates a portfolio of hydroelectric, coal-fired, gas-fired, and diesel-fired power plants located across the Northwestern United States. The company's hydroelectric and coal-fired plants are responsible for Majority of its total energy production. Idacorp mainly generates revenue from the sale of electricity to retail and wholesale customers. The Majority of the company's customers are residential consumers living in the Northwestern United States, while commercial and industrial consumers also represent important revenue streams.
Employees: 2,112
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 52
29% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 124
8% more capital invested
Capital invested by funds: $4.67B [Q3] → $5.05B (+$378M) [Q4]
1.63% more ownership
Funds ownership: 85.09% [Q3] → 86.72% (+1.63%) [Q4]
1% more funds holding
Funds holding: 429 [Q3] → 434 (+5) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
81% less call options, than puts
Call options by funds: $2.01M | Put options by funds: $10.5M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 87 / 158 met price target | 3%upside $118 | Hold Maintained | 28 Jan 2025 |
Morgan Stanley David Arcaro 72% 1-year accuracy 31 / 43 met price target | 6%upside $121 | Equal-Weight Maintained | 13 Dec 2024 |
Financial journalist opinion
Based on 5 articles about IDA published over the past 30 days
