Brokers Offer Predictions for Hydro One Q2 Earnings

Hydro One Limited (TSE:H - Free Report) - Equities researchers at Raymond James Financial increased their Q2 2025 earnings per share (EPS) estimates for shares of Hydro One in a report released on Tuesday, July 22nd. Raymond James Financial analyst T. Genzebu now expects that the company will post earnings per share of $0.52 for the quarter, up from their prior forecast of $0.45. Raymond James Financial has a "Market Perform" rating and a $45.00 price target on the stock. The consensus estimate for Hydro One's current full-year earnings is $2.06 per share. Raymond James Financial also issued estimates for Hydro One's Q4 2025 earnings at $0.36 EPS.

A number of other research analysts also recently issued reports on the company. Desjardins set a C$58.00 price target on Hydro One and gave the company a "buy" rating in a report on Tuesday, May 6th. Wells Fargo & Company boosted their price target on Hydro One from C$47.00 to C$52.00 in a report on Friday, May 9th. TD Securities raised Hydro One to a "hold" rating and set a C$52.00 price target for the company in a report on Friday, June 27th. BMO Capital Markets boosted their price target on Hydro One from C$46.00 to C$50.00 and gave the company a "market perform" rating in a report on Friday, May 9th. Finally, Jefferies Financial Group upped their target price on Hydro One from C$45.00 to C$49.00 and gave the stock a "hold" rating in a research note on Tuesday, April 15th. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of C$50.10.

Hydro One Stock Performance

TSE H traded up C$0.06 during trading hours on Thursday, reaching C$48.79. The stock had a trading volume of 567,051 shares, compared to its average volume of 1,035,790. The stock has a fifty day moving average of C$49.35 and a 200 day moving average of C$48.13. The stock has a market cap of C$29.25 billion, a P/E ratio of 25.73, a price-to-earnings-growth ratio of 3.17 and a beta of 0.34. Hydro One has a 52-week low of C$42.07 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 Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were paid a $0.3331 dividend. This is an increase from Hydro One's previous quarterly dividend of $0.31. This represents a $1.33 annualized dividend and a yield of 2.73%. The ex-dividend date of this dividend was Wednesday, June 11th. Hydro One's dividend payout ratio is currently 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.