IDACORP (NYSE:IDA) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of IDACORP, Inc. (NYSE:IDA). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in IDACORP stock on March 3rd. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
• Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

IDACORP Trading Up 0.0%

NYSE IDA opened at $147.54 on Monday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.68 and a current ratio of 0.93. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of 25.01, a price-to-earnings-growth ratio of 2.94 and a beta of 0.54. The company’s 50-day simple moving average is $141.13 and its two-hundred day simple moving average is $134.10. IDACORP, Inc. has a one year low of $108.15 and a one year high of $149.73.

IDACORP (NYSE:IDA) last posted its earnings results on Thursday, February 19th. The energy company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. The business had revenue of $405.24 million for the quarter, compared to the consensus estimate of $533.06 million. IDACORP had a net margin of 17.84% and a return on equity of 9.36%. During the same quarter last year, the firm posted $0.70 EPS. IDACORP has set its FY 2026 guidance at 6.250-6.450 EPS. Equities analysts forecast that IDACORP, Inc. will post 5.81 EPS for the current fiscal year.

IDACORP Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 5th were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Thursday, February 5th. This represents a $3.52 dividend on an annualized basis and a yield of 2.4%. IDACORP’s dividend payout ratio (DPR) is 59.66%.

Wall Street Analyst Weigh In

A number of research firms have commented on IDA. Wall Street Zen downgraded shares of IDACORP from a “hold” rating to a “sell” rating in a research report on Sunday, February 22nd. Mizuho lifted their price objective on shares of IDACORP from $141.00 to $148.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Jefferies Financial Group cut their price objective on shares of IDACORP from $152.00 to $150.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Wells Fargo & Company downgraded shares of IDACORP from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $129.00 to $118.00 in a research report on Tuesday, January 20th. Finally, Barclays lifted their price objective on shares of IDACORP from $149.00 to $159.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Seven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $144.25.

Insider Buying and Selling

In related news, VP Julia A. Hilton sold 1,000 shares of IDACORP stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $142.79, for a total value of $142,790.00. Following the completion of the sale, the vice president directly owned 2,313 shares in the company, valued at $330,273.27. This trade represents a 30.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.46% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its position in shares of IDACORP by 11.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 5,770 shares of the energy company’s stock worth $730,000 after buying an additional 573 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of IDACORP by 55.0% in the 4th quarter. Corient Private Wealth LLC now owns 8,538 shares of the energy company’s stock worth $1,081,000 after buying an additional 3,030 shares during the last quarter. Union Savings Bank acquired a new stake in IDACORP in the 4th quarter worth approximately $95,000. SHP Wealth Management acquired a new stake in IDACORP in the 4th quarter worth approximately $38,000. Finally, Caitong International Asset Management Co. Ltd boosted its stake in IDACORP by 134.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 513 shares of the energy company’s stock worth $65,000 after purchasing an additional 294 shares in the last quarter. Hedge funds and other institutional investors own 89.10% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

IDACORP Company Profile

IDACORP, Inc is a diversified energy holding company headquartered in Boise, Idaho, whose primary subsidiary, Idaho Power Company, operates as a regulated electric utility. Through Idaho Power, the company provides generation, transmission and distribution services to residential, commercial and industrial customers. The company’s service territory spans southern Idaho and eastern Oregon, where it serves over half a million customers with a mix of hydroelectric, natural gas, wind and solar generation assets.

Idaho Power’s generation portfolio is anchored by a network of hydroelectric facilities along the Snake River system, complemented by natural-gas-fired plants and growing investments in renewable resources.