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. The companys only reportable segment is utility operations. The utility operations segment's primary source of revenue is the regulated operations of Idaho Power. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education.
Employees: 2,141
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
37% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 52
30% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 125
8% more capital invested
Capital invested by funds: $4.67B [Q3] → $5.05B (+$381M) [Q4]
3% more funds holding
Funds holding: 430 [Q3] → 441 (+11) [Q4]
1.71% more ownership
Funds ownership: 85.1% [Q3] → 86.81% (+1.71%) [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
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
B of A Securities Ross Fowler 62% 1-year accuracy 13 / 21 met price target | 10%upside $127 | Buy Maintained | 3 Mar 2025 |
Jefferies Julien Dumoulin-Smith 56% 1-year accuracy 46 / 82 met price target | 3%upside $118 | Hold Maintained | 28 Jan 2025 |
Morgan Stanley David Arcaro 56% 1-year accuracy 24 / 43 met price target | 5%upside $121 | Equal-Weight Maintained | 13 Dec 2024 |
Financial journalist opinion
Based on 4 articles about IDA published over the past 30 days
