Added to YB: 2025-01-28
Pitch date: 2025-01-26
IDA [neutral]
IDACORP, Inc.
+18.1%
current return
Author Info
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Company Info
IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States.
Market Cap
$5.8B
Pitch Price
$106.57
Price Target
75.00 (-40%)
Dividend
3.13%
EV/EBITDA
15.64
P/E
20.14
EV/Sales
4.65
Sector
Electric Utilities
Category
dividend
IDACORP (IDA): A Dividend Machine Poised for Long-Term Growth
IDA (overvalued): Div king, 3.08% yield, 31% 5yr growth. Strong financials (95/99 score), steady revenue/profit growth. $1.3B investment 2024-27 for renewables, grid upgrades. Overvalued vs peers. Analysts mixed: revenue up, profits lag. Wait for 30-50% discount ($75-55) to buy.
Read full article (7 min)