Is IDA overvalued or undervalued?

IDA currently has a P/E ratio of 21.38. Relative to the sector average of 19.90, this suggests the stock may be overvalued. A higher P/E than peers means investors are paying more for each unit of earnings, often because they expect faster future growth. However, if that growth does not materialize, the stock can appear overvalued. A lower P/E may indicate weaker growth expectations or higher risk, but it can also signal a potential valuation discount.

How can I buy IDACORP, Inc. stock?

IDACORP, Inc. trades on NYSE. Investors in Latin America can buy it through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.

Can I buy fractional shares of IDA?

Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the company.

Does buying IDA protect my money against local inflation?

Many investors in Latin America buy international stocks like IDA to protect their purchasing power. Because IDA is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your stock portfolio remains protected from local inflation.

Do I need a foreign bank account or a Visa to buy IDA shares?

No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.

Is IDA a suitable investment for my portfolio?

There is no universal answer, since fit depends on your situation, not just the stock. Think about three things: how well IDA diversifies what you already own, whether you can stomach its price swings given your risk tolerance, and how long you plan to stay invested. As a rule, a single stock works best as one piece of a broader asset allocation and with a multi-year time horizon. This is general information, not personalized financial advice.

All stocksIDA

IDACORP, Inc.

$132.04-$0.64-0.48%

NYSE / USD

Market cap

$7.6B

P/E

21.4

EPS (TTM)

$6.07

Dividend yield

2.66%

Beta

0.47

1Y return

-1.24%

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Financials

The numbers behind the company

Revenue vs net income

RevenueNet income

$1.5B2021

$1.6B2022

$1.8B2023

$1.8B2024

$1.8B2025

Financial health

Gross margin

Operating margin

ROE

ROA

Debt to equity1.06Moderate
Current ratio0.99
Cash ratio0.09
Net margin18.8%
Free cash flow—

Valuation

Is it expensive right now

P/E vs the market

scale 0–50

0153050

IDA21.4
Utilities sector median19.9
S&P 50022.0

Trades about 7% above its sector, the market expects faster growth.

Ratios

PEG2.54
Price to book1.95
EPS (TTM)$6.07
Payout ratio5,702%
FCF yield-8.41%

Range & risk

$124.12$154.91

Trading in the lower third of its 52-week band

Beta0.47

Profile

What IDACORP, Inc. actually does

IDACORP, Inc. operates as a U.S.-based enterprise deeply involved in the comprehensive electric power sector, handling everything from generation, transmission, and distribution to the purchase and retail sale of electricity. The company maintains a diverse portfolio of generation assets, including 17 hydroelectric power stations situated across southern Idaho and eastern Oregon, three natural gas-fired facilities within southern Idaho, and equity interests in two coal-fired steam-electric plants located in Wyoming and Nevada. As of December 31, 2021, its extensive infrastructure encompassed approximately 4,843 pole-miles of high-voltage transmission lines. This network was further supported by 23 step-up transmission substations positioned at its power plants, 21 dedicated transmission substations, 10 switching stations, 30 multi-purpose transmission and distribution substations, and 187 energized distribution substations, alongside 28,570 pole-miles of distribution lines. IDACORP supplies electric utility services to roughly 604,000 retail customers throughout southern Idaho and eastern Oregon. Its commercial and industrial clientele represents various industries, including food processing, electronics manufacturing, general manufacturing, agriculture, healthcare, governmental bodies, and educational institutions. Beyond its core utility business, the company also strategically invests in housing and other real estate tax credit initiatives. Established in 1915, IDACORP, Inc. is headquartered in Boise, Idaho.

CEO

Lisa A. Grow

Employees

2,174

Headquarters

Boise, ID

Founded

1944-08-01

Company website

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Community sentiment

Bullish—

Distribution

Bearish0%
Neutral0%
Bullish0%

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Q&A

Questions people ask

IDA has a beta of 0.47, which indicates how sensitive it has historically been to movements in its broader market. A beta below 1 indicates lower relative volatility than the market. Beta is based on historical data and does not predict future performance.

IDACORP, Inc.