Analysts Issue Forecasts for Hydro One's Q3 Earnings (TSE:H)

Key Points

• Desjardins has raised its Q3 2025 earnings per share estimates for Hydro One from $0.65 to $0.68, maintaining a "Buy" rating with a target price of $58.00.
• Several research firms, including Raymond James and National Bankshares, have also increased their price targets for Hydro One, reflecting a favorable outlook on the stock's performance.
• Hydro One recently declared a quarterly dividend of $0.3331, translating to an annual yield of 2.5% and a payout ratio of 61.04%.

Hydro One Limited (TSE:H - Free Report) - Desjardins lifted their Q3 2025 earnings per share estimates for shares of Hydro One in a report released on Tuesday, October 21st. Desjardins analyst B. Stadler now forecasts that the company will earn $0.68 per share for the quarter, up from their previous estimate of $0.65. Desjardins currently has a "Buy" rating and a $58.00 target price on the stock. The consensus estimate for Hydro One's current full-year earnings is $2.06 per share. Desjardins also issued estimates for Hydro One's Q4 2025 earnings at $0.35 EPS and FY2025 earnings at $2.17 EPS.

Several other research firms also recently issued reports on H. Raymond James Financial upped their price target on Hydro One from C$48.00 to C$49.00 and gave the stock a "market perform" rating in a research note on Thursday, August 14th. National Bankshares increased their target price on Hydro One from C$47.00 to C$48.00 and gave the company a "sector perform" rating in a research note on Thursday, August 14th. TD Securities increased their target price on Hydro One from C$52.00 to C$54.00 and gave the company a "hold" rating in a research note on Thursday, August 14th. Finally, CIBC increased their target price on Hydro One from C$52.00 to C$54.00 in a research note on Tuesday. One analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Hydro One has an average rating of "Hold" and an average price target of C$51.30.

Hydro One Stock Performance

H opened at C$53.23 on Thursday. The company has a market cap of C$31.93 billion, a PE ratio of 25.47, a price-to-earnings-growth ratio of 3.17 and a beta of 0.30. The stock has a 50-day moving average of C$50.08 and a 200-day moving average of C$49.88. Hydro One has a 52-week low of C$42.52 and a 52-week high of C$53.98. The company has a debt-to-equity ratio of 140.53, a quick ratio of 0.30 and a current ratio of 0.58.

Hydro One Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 29th were issued a $0.3331 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $1.33 annualized dividend and a yield of 2.5%. Hydro One's dividend payout ratio is 61.04%.

Hydro One Company Profile

Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business, Acronym Solutions, with annual revenue contributing less than 1% to consolidated results.

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