Desjardins Brokers Increase Earnings Estimates for Hydro One

Key Points

• Desjardins has increased its Q3 2025 earnings per share estimate for Hydro One to $0.65 from a previous estimate of $0.63, maintaining a "Buy" rating and a target price of $58.00 on the stock.
• Hydro One has declared a quarterly dividend of $0.3331 per share, representing an annualized yield of 2.6% and a dividend payout ratio of 66.44%.
• As of the latest trading, Hydro One shares are priced at C$50.75, with a market capitalization of C$30.43 billion, reflecting a price-to-earnings ratio of 26.76.

Hydro One Limited (TSE:H - Free Report) - Equities research analysts at Desjardins increased their Q3 2025 earnings per share estimates for Hydro One in a research note issued to investors on Wednesday, August 13th. Desjardins analyst B. Stadler now forecasts that the company will earn $0.65 per share for the quarter, up from their prior estimate of $0.63. 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 FY2025 earnings at $2.13 EPS, FY2026 earnings at $2.23 EPS and FY2027 earnings at $2.35 EPS.

A number of other equities analysts also recently issued reports on the company. BMO Capital Markets increased their price target on Hydro One from C$46.00 to C$50.00 and gave the stock a "market perform" rating in a research report on Friday, May 9th. CIBC decreased their target price on Hydro One from C$52.00 to C$51.00 in a research report on Monday, July 21st. Raymond James Financial raised their target price on Hydro One from C$48.00 to C$49.00 and gave the company a "market perform" rating in a research report on Thursday. Wells Fargo & Company raised their target price on Hydro One from C$47.00 to C$52.00 in a research report on Friday, May 9th. Finally, TD Securities raised their target price on Hydro One from C$52.00 to C$54.00 and gave the company a "hold" rating in a research report on Thursday. Eight research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of C$51.00.

Hydro One Stock Up 0.7%

Shares of H opened at C$50.75 on Friday. Hydro One has a 52 week low of C$42.52 and a 52 week high of C$53.98. The company has a quick ratio of 0.30, a current ratio of 0.58 and a debt-to-equity ratio of 140.53. The company has a market capitalization of C$30.43 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 3.17 and a beta of 0.34. The stock's 50-day moving average price is C$49.17 and its 200-day moving average price is C$48.74.

Hydro One Announces Dividend

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

About Hydro One

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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