IDA vs. ES, FE, EIX, PNW, OGE, POR, ALE, OTTR, MGEE, and HE
Should you be buying IDACORP stock or one of its competitors? The main competitors of IDACORP include Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), Pinnacle West Capital (PNW), OGE Energy (OGE), Portland General Electric (POR), ALLETE (ALE), Otter Tail (OTTR), MGE Energy (MGEE), and Hawaiian Electric Industries (HE). These companies are all part of the "electric utilities" industry.
IDACORP vs. Its Competitors
IDACORP (NYSE:IDA) and Eversource Energy (NYSE:ES) are both utilities companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, media sentiment, profitability, valuation, earnings, community ranking, risk and dividends.
IDACORP has a beta of 0.58, suggesting that its stock price is 42% less volatile than the S&P 500. Comparatively, Eversource Energy has a beta of 0.63, suggesting that its stock price is 37% less volatile than the S&P 500.
In the previous week, Eversource Energy had 5 more articles in the media than IDACORP. MarketBeat recorded 10 mentions for Eversource Energy and 5 mentions for IDACORP. Eversource Energy's average media sentiment score of 1.26 beat IDACORP's score of 0.95 indicating that Eversource Energy is being referred to more favorably in the news media.
89.1% of IDACORP shares are owned by institutional investors. Comparatively, 80.0% of Eversource Energy shares are owned by institutional investors. 0.5% of IDACORP shares are owned by insiders. Comparatively, 0.4% of Eversource Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
IDACORP currently has a consensus target price of $122.86, indicating a potential upside of 7.91%. Eversource Energy has a consensus target price of $65.78, indicating a potential upside of 0.99%. Given IDACORP's stronger consensus rating and higher possible upside, research analysts clearly believe IDACORP is more favorable than Eversource Energy.
IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 3.0%. Eversource Energy pays an annual dividend of $3.01 per share and has a dividend yield of 4.6%. IDACORP pays out 61.1% of its earnings in the form of a dividend. Eversource Energy pays out 129.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. IDACORP has increased its dividend for 13 consecutive years and Eversource Energy has increased its dividend for 2 consecutive years.
Eversource Energy received 255 more outperform votes than IDACORP when rated by MarketBeat users. However, 48.84% of users gave IDACORP an outperform vote while only 45.95% of users gave Eversource Energy an outperform vote.
Eversource Energy has higher revenue and earnings than IDACORP. IDACORP is trading at a lower price-to-earnings ratio than Eversource Energy, indicating that it is currently the more affordable of the two stocks.
IDACORP has a net margin of 15.83% compared to Eversource Energy's net margin of 6.82%. Eversource Energy's return on equity of 10.99% beat IDACORP's return on equity.
Summary
IDACORP beats Eversource Energy on 12 of the 21 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding IDA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NYSE:IDA) was last updated on 6/16/2025 by MarketBeat.com Staff