Genie Energy (NYSE:GNE – Get Free Report) and IDACORP (NYSE:IDA – Get Free Report) are both utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, earnings, analyst recommendations, valuation, dividends and institutional ownership.
Institutional & Insider Ownership
49.1% of Genie Energy shares are held by institutional investors. Comparatively, 89.1% of IDACORP shares are held by institutional investors. 18.5% of Genie Energy shares are held by company insiders. Comparatively, 0.3% of IDACORP shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Analyst Ratings
This is a summary of current recommendations and price targets for Genie Energy and IDACORP, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Genie Energy | 0 | 2 | 0 | 0 | 2.00 |
| IDACORP | 0 | 2 | 6 | 0 | 2.75 |
Profitability
This table compares Genie Energy and IDACORP’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Genie Energy | 5.05% | 12.80% | 7.82% |
| IDACORP | 18.78% | 9.34% | 3.24% |
Earnings & Valuation
This table compares Genie Energy and IDACORP”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Genie Energy | $501.97 million | 0.84 | $24.01 million | $0.81 | 19.75 |
| IDACORP | $1.81 billion | 4.20 | $323.47 million | $6.04 | 21.77 |
IDACORP has higher revenue and earnings than Genie Energy. Genie Energy is trading at a lower price-to-earnings ratio than IDACORP, indicating that it is currently the more affordable of the two stocks.
Dividends
Genie Energy pays an annual dividend of $0.30 per share and has a dividend yield of 1.9%. IDACORP pays an annual dividend of $3.52 per share and has a dividend yield of 2.7%. Genie Energy pays out 37.0% of its earnings in the form of a dividend. IDACORP pays out 58.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. IDACORP has raised its dividend for 13 consecutive years. IDACORP is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Volatility and Risk
Genie Energy has a beta of 0.19, indicating that its share price is 81% less volatile than the S&P 500. Comparatively, IDACORP has a beta of 0.47, indicating that its share price is 53% less volatile than the S&P 500.
Summary
IDACORP beats Genie Energy on 13 of the 17 factors compared between the two stocks.
About Genie Energy
Genie Energy Ltd., through its subsidiaries, engages in the supply of electricity and natural gas to residential and small business customers in the United States and internationally. It operates in two segments, GRE and Genie Renewables. The company also develops, constructs, and operates solar energy projects for commercial and industrial customers, as well as its own portfolio; provides energy brokerage and advisory services; markets community solar energy solutions; and manufactures and distributes solar panel, as well as engages in solar installation design and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.
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.
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