Hydro One Q2 EPS Increased by Raymond James Financial

Hydro One Limited (TSE:H - Free Report) - Equities researchers at Raymond James Financial lifted their Q2 2025 earnings per share (EPS) estimates for shares of Hydro One in a research report issued to clients and investors on Tuesday, July 22nd. Raymond James Financial analyst T. Genzebu now forecasts 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 currently has a "Market Perform" rating and a $45.00 target price 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.

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

Hydro One Stock Up 0.1%

Shares of H traded up C$0.06 during midday trading on Thursday, reaching C$48.79. 567,051 shares of the stock were exchanged, compared to its average volume of 1,035,790. Hydro One has a 12-month low of C$42.07 and a 12-month high of C$53.98. The firm has a 50 day simple moving average of C$49.34 and a 200-day simple moving average of C$48.19. 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 cap of C$29.25 billion, a price-to-earnings ratio of 25.73, a P/E/G ratio of 3.17 and a beta of 0.34.

Hydro One Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were issued a $0.3331 dividend. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $1.33 dividend on an annualized basis and a yield of 2.73%. This is a positive change from Hydro One's previous quarterly dividend of $0.31. Hydro One's dividend payout ratio (DPR) is 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.