TSE:H Hydro One (H) Stock Price, News & Analysis → Like Investing in Big Tech in the Early 2000s? (From Manward Press) (Ad) Free H Stock Alerts C$39.90 +0.15 (+0.38%) (As of 06/13/2024 ET) Add Compare Share Share Today's RangeC$39.62▼C$40.1250-Day RangeC$37.60▼C$40.8652-Week RangeC$32.79▼C$41.69Volume2.49 million shsAverage Volume967,202 shsMarket CapitalizationC$23.92 billionP/E Ratio21.80Dividend Yield3.16%Price TargetC$39.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Hydro One alerts: Email Address Hydro One MarketRank™ Stock AnalysisAnalyst RatingHold2.11 Rating ScoreUpside/Downside0.2% DownsideC$39.83 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.43Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.39 out of 5 stars 1.1 Analyst's Opinion Consensus RatingHydro One has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 8 hold ratings, and no sell ratings.Amount of Analyst CoverageHydro One has only been the subject of 2 research reports in the past 90 days.Read more about Hydro One's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for H. Previous Next 1.7 Dividend Strength Dividend YieldHydro One pays a meaningful dividend of 3.13%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHydro One does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hydro One is 68.85%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Hydro One's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for H. Previous Next 1.9 News and Social Media Coverage News SentimentHydro One has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Hydro One this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for H on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Hydro One to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hydro One insiders have not sold or bought any company stock.Percentage Held by Insiders47.12% of the stock of Hydro One is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 21.92% of the stock of Hydro One is held by institutions.Read more about Hydro One's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Hydro One is 21.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Hydro One is 21.80, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 94.89.Price to Earnings Growth RatioHydro One has a PEG Ratio of 2.90. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHydro One has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Hydro One's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe Key to this $10 Trillion Tech BoomPresident Biden has just approved $2.6 billion for this breakthrough technology… And it has nothing to do with artificial intelligence, cryptocurrency, or the blockchain.To get all the details of this new tech – click here now. About Hydro One Stock (TSE:H)Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines. The company serves residential, small business, commercial, and industrial customers, as well as municipal utilities. It also provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. The company was incorporated in 2015 and is headquartered in Toronto, Canada.Read More H Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart H Stock News HeadlinesJune 11 at 2:30 AM | americanbankingnews.comBrokerages Set Hydro One Limited (TSE:H) Price Target at C$39.83June 10, 2024 | americanbankingnews.comHydro One Limited (TSE:H) Raises Dividend to $0.31 Per ShareMay 29, 2024 | msn.comHydro-Québec's Montreal network is in 'worrisome' state: internal documentMay 29, 2024 | nj.comHydro Flask dropped 4 new limited-edition colors for summer and you’ll want them in every ombre hueMay 29, 2024 | finance.yahoo.com35 Indigenous communities, charitable organizations and municipalities to each receive $25,000 from Hydro One Energizing Life Community FundMay 28, 2024 | finance.yahoo.comHydro One seeks approval to build the St. Clair transmission line to support economic growth in regionMay 27, 2024 | finance.yahoo.comEstimating The Intrinsic Value Of Hydro One Limited (TSE:H)May 23, 2024 | theglobeandmail.comPay rises at Hydro One as Ford government’s restrictions end – but it hasn’t gone up enoughMay 22, 2024 | msn.comHydro community rallies together to clean up after severe weatherMay 22, 2024 | msn.comPHOTOS: Three injured at Troy hydro plant, two flown to burn unitsMay 22, 2024 | msn.comHydro couple details moments tornado flipped their home, taking them with itMay 15, 2024 | msn.comH Earnings: Hydro One Gains after Q1 Results, Dividend HikeMay 14, 2024 | finanznachrichten.deHydro One Limited: Hydro One Reports First Quarter ResultsMay 14, 2024 | ca.finance.yahoo.comHydro One raises dividend, reports $293M Q1 profit, up from $282M a year earlierMay 14, 2024 | marketwatch.comHydro One Boosts Dividend 6%May 6, 2024 | finance.yahoo.comHydro One Limited (TSE:H) Has A ROE Of 9.3%May 2, 2024 | msn.comREI Is Filled With Discounts Up to 55% Off for May, Including Stanley, Hydro Flask, and MoreMay 2, 2024 | msn.comUK’s 1st waterless hydro-energy storage to offer 2.5 times more powerMay 2, 2024 | ca.news.yahoo.comHerbicides among Hydro One's toolsMay 1, 2024 | msn.comKim Kardashian Just Debuted A Hot Pink 'Hydro-Bob' HaircutMay 1, 2024 | msn.comStanley, Yeti, Hydro Flask or $15 Walmart cup: Which tumbler is best?April 30, 2024 | msn.comnhpc share price today nse bse hydro power firm joins hands with Norwegian company Ocean SunApril 29, 2024 | msn.comBillie Eilish Glasgow Presale: Here's how to bag a tickets for the pop star's two Hydro shows - and pricesApril 29, 2024 | cnn.comUnder $50 Scores: This Hydro Flask kids water bottle is easy to hold and perfect for travelApril 28, 2024 | uk.news.yahoo.comScots DJ Frazi.er announces return to OVO Hydro for immersive experienceSee More Headlines Receive H Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hydro One and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/28 Dividend3/12/2024Dividend Payable3/28/2024Last Earnings5/14/2024Ex-Dividend for 6/28 Dividend6/12/2024Today6/14/2024Dividend Payable6/28/2024Next Earnings (Estimated)8/14/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorUtilities Industry Utilities - Regulated Electric Sub-IndustryN/A Current SymbolTSE:H CUSIPN/A CIKN/A Webwww.hydroone.com Phone+1-416-3451366FaxN/AEmployees7,044Year FoundedN/APrice Target and Rating Average Stock Price TargetC$39.83 High Stock Price TargetC$42.00 Low Stock Price TargetC$38.00 Potential Upside/Downside-0.2%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.83 Trailing P/E Ratio21.80 Forward P/E Ratio20.81 P/E Growth2.9Net IncomeC$1.10 billion Net Margins13.81% Pretax MarginN/A Return on Equity9.45% Return on Assets3.53% Debt Debt-to-Equity Ratio141.04 Current Ratio0.63 Quick Ratio0.30 Sales & Book Value Annual SalesC$7.94 billion Price / Sales3.01 Cash FlowC$0.04 per share Price / Cash Flow888.33 Book ValueC$19.70 per share Price / Book2.03Miscellaneous Outstanding Shares599,430,000Free FloatN/AMarket CapC$23.92 billion OptionableNot Optionable Beta0.29 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. David Lebeter (Age 64)President, CEO & Director Comp: $1.15MMr. Christopher Felix Lopez (Age 49)Executive VP, Chief Financial & Regulatory Officer Comp: $1.17MMs. Megan Telford (Age 49)Executive Vice President of Strategy, Energy Transition & HR Comp: $1.01MMs. Teri French (Age 55)Executive VP of Safety, Operations & Customer Experience Mr. Omar JavedVice President of Investor RelationsMr. Joseph AgostinoChief Compliance Officer, Senior VP & General CounselJay ArmitageVice President of Marketing and CommunicationsMr. Andrew Spencer (Age 43)Executive Vice President of Capital Portfolio Delivery Ms. Renee Dione McKenzie (Age 48)Executive VP of Digital & Technology Solutions Ms. Maureen WarehamCorporate SecretaryMore ExecutivesKey CompetitorsFortisTSE:FTSEmeraTSE:EMACaribbean UtilitiesTSE:CUP.UCrius Energy UntTSE:KWH.UNBrookfield Infrastructure PartnersTSE:BIP.UNView All CompetitorsInsidersBrian Tellef VaasjoBought 12,800 shares on 12/22/2023Total: C$499,573.76 ($39.03/share) Should I Buy Hydro One Stock? H Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Hydro One Limited: Hydro One Limited has shown consistent revenue growth over the past few quarters, indicating a strong financial performance. The company has a low debt-to-equity ratio of 0.91, which signifies a healthy balance sheet and financial stability. Hydro One Limited offers a dividend yield of 3.5%, providing investors with a steady income stream. The stock price of Hydro One Limited has been on an upward trend, reaching new highs in the recent months, reflecting positive market sentiment. The company has a beta of 1.24, indicating that the stock is slightly more volatile than the market, potentially offering higher returns to investors. Cons Investors should be bearish about investing in Hydro One Limited for these reasons: Hydro One Limited has a current ratio of 0.81 and a quick ratio of 0.81, which may raise concerns about the company's short-term liquidity position. The company's P/E ratio of 11.47 is higher than the industry average, suggesting that the stock may be overvalued compared to its earnings. Hydro One Limited's price-to-earnings-growth ratio of 2.52 indicates that the stock may be relatively expensive based on its growth prospects. The firm's 50-day simple moving average of $36.76 is below the current stock price, potentially signaling a short-term bearish trend. Insider selling activity, such as EVP Kala Gibson selling a significant number of shares, could raise concerns about management's confidence in the company's future performance. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Hydro One pros and cons to contact@marketbeat.com. H Stock Analysis - Frequently Asked Questions Should I buy or sell Hydro One stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hydro One in the last twelve months. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" H shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in H, but not buy additional shares or sell existing shares. View H analyst ratings or view top-rated stocks. What is Hydro One's stock price target for 2024? 9 brokers have issued twelve-month price targets for Hydro One's shares. Their H share price targets range from C$38.00 to C$42.00. On average, they predict the company's share price to reach C$39.83 in the next year. This suggests that the stock has a possible downside of 0.2%. View analysts price targets for H or view top-rated stocks among Wall Street analysts. How have H shares performed in 2024? Hydro One's stock was trading at C$39.70 at the beginning of 2024. Since then, H shares have increased by 0.5% and is now trading at C$39.90. View the best growth stocks for 2024 here. When is Hydro One's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our H earnings forecast. How were Hydro One's earnings last quarter? Hydro One Limited (TSE:H) released its quarterly earnings results on Tuesday, May, 14th. The company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.01. The firm earned $2.17 billion during the quarter. Hydro One had a net margin of 13.81% and a trailing twelve-month return on equity of 9.45%. How often does Hydro One pay dividends? What is the dividend yield for Hydro One? Hydro One declared a quarterly dividend on Wednesday, June 12th. Shareholders of record on Friday, June 28th will be paid a dividend of 0.314 per share on Friday, June 28th. This represents a $1.26 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date is Wednesday, June 12th. This is a positive change from the stock's previous quarterly dividend of C$0.30. Read our dividend analysis for H. Is Hydro One a good dividend stock? Hydro One (TSE:H) pays an annual dividend of C$1.26 per share and currently has a dividend yield of 3.13%. The dividend payout ratio is 68.85%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for H. What other stocks do shareholders of Hydro One own? Based on aggregate information from My MarketBeat watchlists, some companies that other Hydro One investors own include Hawkins (HWKN), Enbridge (ENB), Toronto-Dominion Bank (TD), Xtrackers California Municipal Bond ETF (CA), Inter Pipeline (IPL), BCE (BCE), Bombardier, Inc. Class B (BBD.B), Manulife Financial (MFC), Bank of Nova Scotia (BNS) and Royal Bank of Canada (RY). How do I buy shares of Hydro One? Shares of H stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. 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