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IDA

IDACORP INC

In the published model solve dated 2026-Q2, anchored at $135.78, IDACORP INC (IDA) is priced for +9.6% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.

Published model solve
+9.6% growth
Priced In
elevated

Key Takeaways

• IDACORP is the parent of Idaho Power, a regulated electric utility whose service territory has become a magnet for data centers, with a Meta facility in Kuna and Micron's Boise expansion driving load growth few utilities can match. • The growth is concrete and regulated: Idaho Power expects peak load to rise about 1,000 megawatts over the next five years and is running a roughly $1.4 billion annual capital plan, which is the rate base that drives a regulated utility's earnings. • The defining

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Institutional ownership

530 institutional managers reported holding IDA in 13F filings for the quarter ended 2026-03-31. 65 opened new positions that quarter. Held by BlackRock, Vanguard Group, Wellington Management, among others. On the short side, 4.6M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (8.7 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

IDA's share count grew 7% over the past five years. It pays a dividend, and has paid one every year in our records (17 and counting), raised 14 years straight; the current rate is $3.46 a share annually. Cash returned over the past three years: $448.05M in dividends.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at IDA over the trailing three years. Absence is a fact about the company, not a signal. 22 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

IDA's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-05-05-0.0%-6.6%
2023-08-04-3.2%-3.2%
2023-11-03+4.5%-1.8%
2024-02-16+1.7%+6.1%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

IDA's latest 8-K filings: 2026-07-30 (items 2.02, 7.01, 9.01); 2026-05-21 (items 5.07); 2026-05-15 (items 1.01, 9.01); 2026-04-30 (items 2.02, 7.01, 9.01); 2026-02-19 (items 2.02, 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.