Terna Rete Elettrica Nazionale (OTCMKTS:TEZNY) vs. IDACORP (NYSE:IDA) Head-To-Head Analysis

Terna Rete Elettrica Nazionale (OTCMKTS:TEZNY) and IDACORP (NYSE:IDA) are both utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, analyst recommendations, valuation, earnings, risk, institutional ownership and profitability.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Terna Rete Elettrica Nazionale and IDACORP, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Terna Rete Elettrica Nazionale	1	1	0	0	1.50
IDACORP	0	2	5	0	2.71

IDACORP has a consensus target price of $123.57, indicating a potential downside of 1.29%. Given IDACORP’s stronger consensus rating and higher possible upside, analysts clearly believe IDACORP is more favorable than Terna Rete Elettrica Nazionale.

Profitability

This table compares Terna Rete Elettrica Nazionale and IDACORP’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Terna Rete Elettrica Nazionale	N/A	N/A	N/A
IDACORP	16.96%	9.18%	3.24%

Volatility and Risk

Terna Rete Elettrica Nazionale has a beta of 0.76, suggesting that its share price is 24% less volatile than the S&P 500. Comparatively, IDACORP has a beta of 0.59, suggesting that its share price is 41% less volatile than the S&P 500.

Dividends

Terna Rete Elettrica Nazionale pays an annual dividend of $1.29 per share and has a dividend yield of 4.3%. IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 2.7%. IDACORP pays out 60.6% of its earnings in the form of a dividend. IDACORP has raised its dividend for 13 consecutive years.

Institutional and Insider Ownership

89.1% of IDACORP shares are owned by institutional investors. 0.5% of IDACORP shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares Terna Rete Elettrica Nazionale and IDACORP”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Terna Rete Elettrica Nazionale	N/A	N/A	N/A	N/A	N/A
IDACORP	$1.81 billion	3.74	$289.17 million	$5.68	22.04

IDACORP has higher revenue and earnings than Terna Rete Elettrica Nazionale.

Summary

IDACORP beats Terna Rete Elettrica Nazionale on 10 of the 13 factors compared between the two stocks.

About Terna Rete Elettrica Nazionale

Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems. It also supplies transformers and cables; provides energy and connectivity services; and installs and operates interconnecting lines. In addition, the company designs, produces, commercializes, and repairs power transformers for electricity transmission and distribution grids; industrial transformers for the steel and metals industries; special transformers for convertors used in electrochemical production; produces and sells marine and terrestrial cables; develops renewable energy projects; and undertakes private interconnector projects. Terna S.p.A. was founded in 1962 and is based in Rome, Italy.

About IDACORP

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2023, it had approximately 4,762 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 11 switching stations; 30 mixed-use transmission and distribution substations; 186 energized distribution substations; and 29,714 pole-miles of distribution lines, and 131 MW of battery storage, as well as provides electric utility services to approximately 633,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.