Duyuru • May 16
IDACORP, Inc. has filed a Follow-on Equity Offering in the amount of $600 million. IDACORP, Inc. has filed a Follow-on Equity Offering in the amount of $600 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Duyuru • May 02
IDACORP, Inc. Reaffirms Earnings Guidance for the Full Year of 2026 IDACORP, Inc. reaffirmed earnings guidance for the full year of 2026. For the year, the company reaffirmed earnings guidance in the range of $6.25 to $6.45 per diluted share with the expectation that Idaho Power will use less than $30 million of additional tax credits available under the Idaho regulatory mechanism in 2026. The earnings guidance assumes normal weather conditions and power supply expenses through the end of the year. Duyuru • Apr 17
IDACORP, Inc. Declares Dividend, Payable on June 1, 2026 IDACORP, Inc. declared a common stock dividend of $0.88 per share, payable June 1, 2026 to holders of record at the close of business on May 5, 2026. Duyuru • Apr 16
IDACORP, Inc. to Report Q1, 2026 Results on Apr 30, 2026 IDACORP, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026 Duyuru • Apr 03
IDACORP, Inc., Annual General Meeting, May 21, 2026 IDACORP, Inc., Annual General Meeting, May 21, 2026. Location: proxydocs.com/i da, United States Duyuru • Feb 19
Idacorp, Inc. Provides Earnings Guidance for the Year 2026 IDACORP, Inc. provides earnings guidance for the year 2026. The company is initiating its full-year 2026 earnings guidance in the range of $6.25 to $6.45 per diluted share with the expectation that Idaho Power will use less than $30 million of additional tax credits available under the Idaho regulatory mechanism in 2026. Duyuru • Feb 06
IDACORP, Inc. to Report Q4, 2025 Results on Feb 19, 2026 IDACORP, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 19, 2026 Duyuru • Jan 16
IDACORP, Inc. Declares Dividend, Payable on March 2, 2026 Directors of IDACORP, Inc. declared a common stock dividend of $0.88 per share, payable March 2, 2026 to holders of record at the close of business on February 5, 2026. Duyuru • Oct 30
IDACORP, Inc. Revises Earnings Guidance for the Full-Year of 2025 IDACORP, Inc. revised earnings guidance for the full-year of 2025. For the year, the company expects earnings per diluted share to be between $5.80 to $5.90 against previous guidance of $5.70 to $5.85. Duyuru • Oct 17
IDACORP, Inc. to Report Q3, 2025 Results on Oct 30, 2025 IDACORP, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 30, 2025 Duyuru • Jul 31
IDACORP, Inc. Increases Earnings Guidance for the Full Year 2025 IDACORP, Inc. increased earnings guidance for the full year 2025. For the year, the company increases lower-end of its previously reported full-year 2025 earnings guidance to the range of $5.70 to $5.85 per diluted share. Duyuru • Jul 18
IDACORP, Inc. Declares Common Stock Dividend, Payable on September 2, 2025 The Directors of IDACORP, Inc. declared a common stock dividend of $0.86 per share, payable September 2, 2025 to holders of record at the close of business on August 5, 2025. Duyuru • Jul 17
IDACORP, Inc. to Report Q2, 2025 Results on Jul 31, 2025 IDACORP, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 31, 2025 Duyuru • May 18
IDACORP, Inc. Appoints Michael J. Kennedy as Director IDACORP, Inc. announced that at its AGM held on May 15, 2025, shareholders approved the appointment of Michael J. Kennedy as director. Duyuru • May 10
IDACORP, Inc. has completed a Follow-on Equity Offering in the amount of $500.000055 million. IDACORP, Inc. has completed a Follow-on Equity Offering in the amount of $500.000055 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 4,504,505
Price\Range: $111
Discount Per Security: $3.33 Duyuru • May 01
IDACORP, Inc. Reaffirms Earnings Guidance for the Year 2025 IDACORP, Inc. reaffirmed earnings guidance for the year 2025. For the year, the company reaffirms 2025 earnings guidance in the range of $5.65 to $5.85 per diluted share with the expectation that Idaho Power will use between $60 million and $77 million of additional tax credits available under the Idaho regulatory mechanism in 2025. The earnings guidance also assumes normal weather conditions and power supply expenses through the end of 2025. Duyuru • Apr 18
IDACORP, Inc. Declares Dividend, Payable May 30, 2025 Directors of IDACORP, Inc. declared a common stock dividend of $0.86 per share, payable May 30, 2025 to holders of record at the close of business on May 5, 2025. Duyuru • Apr 17
IDACORP, Inc. to Report Q1, 2025 Results on May 01, 2025 IDACORP, Inc. announced that they will report Q1, 2025 results Pre-Market on May 01, 2025 Duyuru • Apr 03
IDACORP, Inc., Annual General Meeting, May 15, 2025 IDACORP, Inc., Annual General Meeting, May 15, 2025. Duyuru • Feb 21
IDACORP, Inc. Provides Earnings Guidance for the Full-Year 2025 IDACORP, Inc. provided earnings guidance for the full-year 2025. For the period, the company expects earnings guidance in the range of $5.65 to $5.85 per diluted share. Duyuru • Feb 15
IDACORP, Inc. and Idaho Power Appoint Scott W. Madison to Serve on the Board of Directors IDACORP, Inc. has announced the appointment of Scott W. Madison to serve on the Board of Directors of IDACORP and Idaho Power. In January 2025, Madison retired as the Executive Vice President of Business Development and Gas Supply for the MDU Utilities Group, which includes Intermountain Gas Company, Cascade Natural Gas Corporation, and Montana Dakota Utility Company. Madison had been with the group since 1997, serving in a variety of leadership and executive positions for Intermountain Gas Company and Cascade Natural Gas Corporation. Madison is vice chairman of the Idaho Governor’s Cup and is a member of the Idaho Judicial Council, the University of Idaho Foundation, and the Idaho Energy Resources Authority. Madison is a past director and chairman of the Northwest Gas Association. He is also a past director and chairman of the Idaho Association of Commerce and Industry and the Boise Metro Chamber of Commerce. His board experience also includes the Association of Washington Business, the Western Energy Institute, Idaho Ducks Unlimited, and the Better Business Bureau of Idaho. Madison is a certified public accountant who graduated from the University of Idaho with a Bachelor of Science in accounting with a minor in economics. Prior to working for Intermountain Gas Company, he was a senior manager with Arthur Andersen. Duyuru • Feb 06
IDACORP, Inc. to Report Q4, 2024 Results on Feb 20, 2025 IDACORP, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 20, 2025 Duyuru • Jan 17
IDACORP, Inc. Declares Common Stock Dividend, Payable on February 28, 2025 The Directors of IDACORP, Inc. declared a common stock dividend of $0.86 per share, payable February 28, 2025 to holders of record at the close of business on February 5, 2025. New Risk • Nov 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Duyuru • Nov 02
IDACORP, Inc. Revises Financial Guidance for the Full Year 2024 IDACORP, Inc. revised financial guidance for the full year 2024. The company currently expects Earnings Guidance (per diluted share) of $5.35 to $5.45 against previous guidance of $5.30 to $5.45. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$2.13 (vs US$2.08 in 3Q 2023) Third quarter 2024 results: EPS: US$2.13 (up from US$2.08 in 3Q 2023). Revenue: US$528.5m (up 3.4% from 3Q 2023). Net income: US$113.6m (up 7.9% from 3Q 2023). Profit margin: 22% (in line with 3Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Declared Dividend • Oct 21
Second quarter dividend of US$0.86 announced Shareholders will receive a dividend of US$0.86. Ex-date: 5th November 2024 Payment date: 2nd December 2024 Dividend yield will be 3.3%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Oct 18
IDACORP, Inc. Declares Dividend, Payable on December 2, 2024 Directors of IDACORP, Inc. declared a common stock dividend of $0.86 per share, payable December 2, 2024 to holders of record at the close of business on November 5, 2024. Duyuru • Oct 17
IDACORP, Inc. to Report Q3, 2024 Results on Oct 31, 2024 IDACORP, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 31, 2024 New Risk • Aug 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$1.72 (vs US$1.35 in 2Q 2023) Second quarter 2024 results: EPS: US$1.72 (up from US$1.35 in 2Q 2023). Revenue: US$451.0m (up 9.0% from 2Q 2023). Net income: US$89.5m (up 31% from 2Q 2023). Profit margin: 20% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Duyuru • Aug 01
Idacorp, Inc. Revises Earnings Guidance for the Year 2024 IDACORP, Inc. revised earnings guidance for the year 2024. For the year, company is increasing the lower-end of its previously reported earnings guidance to the range of $5.30 to $5.45 per diluted share against previous guidance of $5.25 to $5.45 per share, with the expectation that Idaho Power will use between $35 and $50 million of additional tax credits available under the Idaho earnings support regulatory mechanism in 2024. Declared Dividend • Jul 22
First quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 5th August 2024 Payment date: 30th August 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • May 21
IDACORP, Inc. has filed a Follow-on Equity Offering in the amount of $300 million. IDACORP, Inc. has filed a Follow-on Equity Offering in the amount of $300 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Duyuru • May 03
IDACORP, Inc. Reaffirms Earnings Guidance for the Full-Year 2024 IDACORP, Inc. reaffirmed earnings guidance for the full-year 2024. For the year, the company expected earnings guidance to the range of $5.25 to $5.45 per diluted share. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.95 (vs US$1.11 in 1Q 2023) First quarter 2024 results: EPS: US$0.95 (down from US$1.11 in 1Q 2023). Revenue: US$448.9m (up 4.5% from 1Q 2023). Net income: US$48.2m (down 14% from 1Q 2023). Profit margin: 11% (down from 13% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year. Duyuru • Apr 23
IDACORP, Inc. to Report Q1, 2024 Results on May 02, 2024 IDACORP, Inc. announced that they will report Q1, 2024 results Pre-Market on May 02, 2024 Declared Dividend • Apr 23
Fourth quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 3rd May 2024 Payment date: 30th May 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Apr 19
IDACORP, Inc. Declares Dividend, Payable May 30, 2024 IDACORP, Inc. declared a common stock dividend of $0.83 per share, payable May 30, 2024 to holders of record at the close of business on May 6, 2024. Duyuru • Apr 03
IDACORP, Inc., Annual General Meeting, May 16, 2024 IDACORP, Inc., Annual General Meeting, May 16, 2024, at 10:00 Mountain Standard Time. Agenda: To consider election of ten director nominees for a one-year term; to vote on an Advisory resolution to approve executive compensation; to consider Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2024; and to consider any other matters. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$5.15 (vs US$5.11 in FY 2022) Full year 2023 results: EPS: US$5.15 (up from US$5.11 in FY 2022). Revenue: US$1.77b (up 7.4% from FY 2022). Net income: US$261.2m (flat on FY 2022). Profit margin: 15% (down from 16% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year. Duyuru • Feb 15
IDACORP, Inc. Provides Earnings Guidance for the Full-Year 2024 IDACORP, Inc. provided earnings guidance for the full-year 2024. For the period, the company expects earnings guidance in the range of $5.25 to $5.45 per diluted share. Duyuru • Feb 02
IDACORP, Inc. to Report Q4, 2023 Results on Feb 15, 2024 IDACORP, Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 15, 2024 Upcoming Dividend • Jan 26
Upcoming dividend of US$0.83 per share at 3.6% yield Eligible shareholders must have bought the stock before 02 February 2024. Payment date: 28 February 2024. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.5%). Duyuru • Jan 19
IDACORP, Inc. Declares Dividend, Payable on February 28, 2024 Directors of IDACORP, Inc. declared a common stock dividend of $0.83 per share, payable February 28, 2024 to holders of record at the close of business on February 5, 2024. Duyuru • Nov 23
IDACORP, Inc. Announces Resignation of Kenneth W. Petersen as Vice President, Chief Accounting Officer and Treasurer On November 17, 2023, Kenneth W. Petersen, Vice President, Chief Accounting Officer and Treasurer of IDACORP, Inc, announced his plans to retire on May 31, 2024, after over 25 years of service to the companies. Mr. Petersen, age 60, has been the Vice President, Chief Accounting Officer and Treasurer of IDACORP and Idaho Power since March 2020, and served as Vice President, Controller and Chief Accounting Officer of IDACORP and Idaho Power from January 2014 to March 2020. He plans to step down as Chief Accounting Officer and Treasurer of IDACORP and Idaho Power, effective as of January 1, 2024, but he will continue to serve in his role as Vice President of IDACORP and Idaho Power until his retirement from employment with the companies. New Risk • Nov 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Duyuru • Nov 10
IDACORP, Inc. has completed a Follow-on Equity Offering in the amount of $259.999987 million. IDACORP, Inc. has completed a Follow-on Equity Offering in the amount of $259.999987 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,801,724
Price\Range: $92.8 Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: US$2.08 (vs US$2.10 in 3Q 2022) Third quarter 2023 results: EPS: US$2.08 (down from US$2.10 in 3Q 2022). Revenue: US$510.9m (down 1.4% from 3Q 2022). Net income: US$105.3m (down 1.0% from 3Q 2022). Profit margin: 21% (in line with 3Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.5% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Duyuru • Nov 03
IDACORP, Inc. Increases Earnings Guidance for the Year 2023 IDACORP, Inc. increased earnings guidance for the year 2023. For the period, The company is increasing its previously reported full-year 2023 earnings guidance to the range of $5.05 to $5.15 per diluted share from $4.95 to $5.15. Upcoming Dividend • Oct 24
Upcoming dividend of US$0.83 per share at 3.4% yield Eligible shareholders must have bought the stock before 31 October 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.8%). Duyuru • Sep 23
Idacorp, Inc. Increases Common Stock Dividend 5.1% IDACORP, Inc. announced that its Board of Directors approved a 5.1% increase in the regular quarterly cash dividend on IDACORP’s common stock to $0.83 per share. At the new rate, the indicated dividend is $3.32 per share on an annual basis. Duyuru • Aug 04
IDACORP, Inc. Reaffirms Earnings Guidance for the Full-Year 2023 IDACORP, Inc. reaffirmed earnings guidance for the full-year 2023. For the period, the company reaffirmed earnings guidance in the range of $4.95 to $5.15 per diluted share. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$1.35 (vs US$1.27 in 2Q 2022) Second quarter 2023 results: EPS: US$1.35 (up from US$1.27 in 2Q 2022). Revenue: US$413.8m (up 15% from 2Q 2022). Net income: US$68.6m (up 6.7% from 2Q 2022). Profit margin: 17% (down from 18% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 7% per year. Upcoming Dividend • Jul 25
Upcoming dividend of US$0.79 per share at 3.0% yield Eligible shareholders must have bought the stock before 01 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.2%). Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Susan Morris was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 20
IDACORP, Inc. Announces Board Appointments IDACORP, Inc. announced that Nate Jorgensen and Susan Morris, top executives at two public, Idaho-based companies, have been named to the board of directors of IDACORP, Inc. and Idaho Power, effective May 18. Jorgensen has served as the CEO of Boise Cascade Company since March 2020. Prior to that role, he was the company’s chief operating officer responsible for overseeing the Wood Products and Building Materials Distribution divisions. Jorgensen joined Boise Cascade in 2015 after 28 years with Weyerhaeuser, where he served in various leadership roles. Morris is the Executive Vice President and Chief Operations Officer at Albertsons Companies, a role she has held since January 2018. She leads the company’s retail operations, overseeing more than 2,200 stores across 34 states, and has held a variety of leadership roles in her more than 38 years in the retail grocery industry. Jorgensen earned a bachelor’s degree in civil and environmental engineering from the University of Wisconsin and attended the Tuck School of Business Executive Education Program at Dartmouth University. He serves on the board of directors for the American Wood Council. Morris is a graduate of Colorado State University with a degree in Social Science/Political Science. She also serves on the board of the J.A. and Kathryn Albertsons Foundation, the Food Marketing Institute, and the Federal Reserve Bank of San Francisco’s Salt Lake CityBranch Board of Directors. Duyuru • May 05
Idacorp, Inc. Announces Earnings Guidance for Full Year 2023 IDACORP, Inc. announced earnings guidance for full year 2023. For year, the company announced earnings guidance to the range of $4.95 to $5.15 per diluted share, along with the expectation that Idaho Power will use approximately $15 million of additional tax credits available under its Idaho earnings support regulatory mechanism in 2023. The earnings guidance also assumes normal weather conditions through the remainder of the year. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$1.11 (vs US$0.91 in 1Q 2022) First quarter 2023 results: EPS: US$1.11 (up from US$0.91 in 1Q 2022). Revenue: US$429.7m (up 25% from 1Q 2022). Net income: US$56.1m (up 21% from 1Q 2022). Profit margin: 13% (in line with 1Q 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.0% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Apr 25
Upcoming dividend of US$0.79 per share at 2.8% yield Eligible shareholders must have bought the stock before 02 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.9%). Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: US$5.11 (vs US$4.85 in FY 2021) Full year 2022 results: EPS: US$5.11 (up from US$4.85 in FY 2021). Revenue: US$1.64b (up 13% from FY 2021). Net income: US$259.0m (up 5.5% from FY 2021). Profit margin: 16% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Duyuru • Feb 17
IDACORP, Inc. Provides Earnings Guidance for 2023 IDACORP, Inc. provided earnings guidance for 2023. For the period, the company expects earnings per share in the range of $4.95 to $5.15. Duyuru • Feb 03
IDACORP, Inc. to Report Q4, 2022 Results on Feb 16, 2023 IDACORP, Inc. announced that they will report Q4, 2022 results Pre-Market on Feb 16, 2023 Upcoming Dividend • Jan 27
Upcoming dividend of US$0.79 per share at 3.0% yield Eligible shareholders must have bought the stock before 03 February 2023. Payment date: 28 February 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.4%). Duyuru • Jan 20
IDACORP, Inc. Declares Dividend, Payable on February 28, 2023 Directors of IDACORP, Inc. declared a common stock dividend of $0.79 per share, payable February 28, 2023 to holders of record at the close of business on February 6, 2023. Recent Insider Transactions • Dec 04
Independent Director recently sold €142k worth of stock On the 1st of December, Dennis Johnson sold around 1k shares on-market at roughly €104 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 04
Third quarter 2022 earnings released: EPS: US$2.10 (vs US$1.93 in 3Q 2021) Third quarter 2022 results: EPS: US$2.10 (up from US$1.93 in 3Q 2021). Revenue: US$518.0m (up 16% from 3Q 2021). Net income: US$106.4m (up 8.7% from 3Q 2021). Profit margin: 21% (down from 22% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year. Duyuru • Nov 04
IDACORP, Inc. Revises Earnings Guidance for the Year 2022 IDACORP, Inc. revised earnings guidance for the year 2022. The company is increasing its previously reported full-year 2022 earnings guidance to the range of $5.05 to $5.15 per diluted share from $4.95 to $5.05 and is also reaffirming that IDACORP does not expect Idaho Power to use any of the additional tax credits available under its Idaho earnings support regulatory mechanism in 2022. The earnings guidance assumes normal weather conditions over the balance of the year. Upcoming Dividend • Oct 25
Upcoming dividend of US$0.79 per share Eligible shareholders must have bought the stock before 01 November 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.3%). Lower than average of industry peers (4.9%). Duyuru • Sep 17
IDACORP, Inc. Increases Regular Quarterly Cash Dividend IDACORP, Inc. announced that its Board of Directors approved a 5.3% increase in the regular quarterly cash dividend on IDACORP’s common stock to $0.79 per share. At the new rate, the indicated dividend is $3.16 per share on an annual basis. Reported Earnings • Aug 07
Second quarter 2022 earnings released: EPS: US$1.27 (vs US$1.38 in 2Q 2021) Second quarter 2022 results: EPS: US$1.27 (down from US$1.38 in 2Q 2021). Revenue: US$358.7m (flat on 2Q 2021). Net income: US$64.3m (down 8.2% from 2Q 2021). Profit margin: 18% (down from 19% in 2Q 2021). Over the next year, revenue is expected to shrink by 2.2% compared to a 4.9% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year. Duyuru • Aug 05
IDACORP, Inc. Revised Earnings Guidance for the Full Year of 2022 IDACORP, Inc. revised earnings guidance for the full year of 2022. The company is increasing the bottom-end of its previously reported full-year 2022 earnings guidance to the range of $4.95 to $5.05 per diluted share, and is also reaffirming that IDACORP does not expect Idaho Power to utilize any of the additional tax credits available under its Idaho earnings support regulatory mechanism in 2022. The earnings guidance also assumes normal weather conditions over the balance of the year. Upcoming Dividend • Jul 26
Upcoming dividend of US$0.75 per share Eligible shareholders must have bought the stock before 02 August 2022. Payment date: 31 August 2022. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.4%). Duyuru • Jun 11
IDACORP, Inc. and Idaho Power Company Announce Retirement of Kenneth W. Petersen as Vice President, Chief Accounting Officer and Treasurer On June 10, 2022, Kenneth W. Petersen, Vice President, Chief Accounting Officer and Treasurer of IDACORP, Inc. and Idaho Power Company announced his plans to retire as an officer of IDACORP and Idaho Power in 2023, with a specific retirement date to be determined at a later date, after 24 years of service to the companies. Mr. Petersen will retain his role as Vice President, Chief Accounting Officer and Treasurer of IDACORP and Idaho Power. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$0.91 (vs US$0.89 in 1Q 2021) First quarter 2022 results: EPS: US$0.91 (up from US$0.89 in 1Q 2021). Revenue: US$344.3m (up 8.9% from 1Q 2021). Net income: US$46.3m (up 3.2% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Over the next year, revenue is expected to shrink by 3.7% compared to a 3.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year. Duyuru • May 06
IDACORP, Inc Provides Earnings and Production Guidance for the Year 2022 IDACORP, Inc. provided earnings and production guidance for the year 2022. For the year, the company expects Earnings per share to be in the range of $4.85 to $5.05. Idaho Power Hydropower Generation (MWh) has been decreased to 5.0 to 6.5 compared to previous guidance of 5.5 to 7.5. Upcoming Dividend • Apr 27
Upcoming dividend of US$0.75 per share Eligible shareholders must have bought the stock before 02 May 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 59% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.0%). Lower than average of industry peers (4.1%). Duyuru • Apr 06
IDACORP, Inc., Annual General Meeting, May 19, 2022 IDACORP, Inc., Annual General Meeting, May 19, 2022, at 10:00 US Mountain Standard Time. Reported Earnings • Feb 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$4.85 (up from US$4.70 in FY 2020). Revenue: US$1.46b (up 7.9% from FY 2020). Net income: US$245.6m (up 3.4% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue exceeded analyst estimates by 5.7%. Over the next year, revenue is expected to shrink by 7.0% compared to a 8.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year. Duyuru • Feb 18
IDACORP, Inc. Provides Earnings Guidance for the Full Year 2022 IDACORP, Inc. provides earnings guidance for the full year 2022. For the period, the company initiates earnings guidance in the range of $4.85 to $5.05 per diluted share. Duyuru • Feb 11
IDACORP, Inc. and Idaho Power Company Appoints Jeff C. Kinneeveauk as a Member of the Boards of Directors On February 9, 2022, the boards of directors of IDACORP, Inc. (IDACORP) and Idaho Power Company (Idaho Power) appointed Jeff C. Kinneeveauk as a member of the boards of directors, effective immediately, to serve until the next annual meeting of IDACORP shareholders scheduled to be held in May 2022. Mr. Kinneeveauk will be subject to annual election thereafter. Mr. Kinneeveauk was also appointed to the Audit Committee of the boards of directors, with such appointment to become effective May 4, 2022. Mr. Kinneeveauk, age 48, has served as a member of the board of directors of Arctic Slope Regional Corporation (ASRC) since 2016. ASRC is a private, for-profit corporation that is owned by and represents the business interests of its approximately 13,000 Iñupiat shareholders.