Research Analysts Set Expectations for Hydro One Q4 Earnings

Key Points

• Raymond James Financial has lowered its Q4 2026 earnings estimate for Hydro One to $0.36 per share, down from $0.51, while maintaining a "Market Perform" rating with a target price of $49.00.
• Hydro One's upcoming quarterly dividend of $0.3331 is set to be distributed on September 29th, resulting in an annualized dividend of $1.33 and a yield of 2.6%.
• The stock currently has an average price target of C$51.00 and a "Hold" rating from eight investment analysts, with one analyst providing a "Buy" rating.

Hydro One Limited (TSE:H - Free Report) - Equities researchers at Raymond James Financial dropped their Q4 2026 earnings per share estimates for Hydro One in a research note issued on Wednesday, August 13th. Raymond James Financial analyst T. Genzebu now forecasts that the company will post earnings per share of $0.36 for the quarter, down from their previous estimate of $0.51. Raymond James Financial currently has a "Market Perform" rating and a $49.00 price target on the stock. The consensus estimate for Hydro One's current full-year earnings is $2.06 per share.

Other research analysts have also issued reports about the company. Desjardins set a C$58.00 price objective on Hydro One and gave the stock a "buy" rating in a research report on Tuesday, August 12th. National Bankshares increased their price objective on Hydro One from C$47.00 to C$48.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 14th. CIBC lowered their price objective on Hydro One from C$52.00 to C$51.00 in a research report on Monday, July 21st. Wells Fargo & Company increased their price objective on Hydro One from C$47.00 to C$52.00 in a research report on Friday, May 9th. Finally, TD Securities increased their price objective on Hydro One from C$52.00 to C$54.00 and gave the stock a "hold" rating in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of C$51.00.

Hydro One Trading Down 0.7%

Hydro One stock traded down C$0.35 during mid-day trading on Monday, hitting C$50.65. The company's stock had a trading volume of 735,613 shares, compared to its average volume of 997,237. The firm has a market capitalization of C$30.37 billion, a PE ratio of 26.71, a price-to-earnings-growth ratio of 3.17 and a beta of 0.34. Hydro One has a 1 year low of C$42.52 and a 1 year high of C$53.98. The company has a current ratio of 0.58, a quick ratio of 0.30 and a debt-to-equity ratio of 140.53. The stock's fifty day moving average is C$49.38 and its two-hundred day moving average is C$49.01.

Hydro One Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Wednesday, September 10th will be issued a $0.3331 dividend. This represents a $1.33 dividend on an annualized basis and a yield of 2.6%. Hydro One's dividend payout ratio is presently 66.44%.

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.