Analysts Set Expectations for Hydro One Q3 Earnings

Key Points

• Raymond James Financial has downgraded its Q3 2025 EPS estimate for Hydro One from $0.64 to $0.61 and maintains a "Market Perform" rating with a target price of $45.00.
• Hydro One's recent quarterly dividend increased from $0.31 to $0.3331 per share, reflecting an annualized dividend of $1.33 and a dividend yield of 2.73%.
• Hydro One's stock is currently rated as a "hold" by eight analysts, with an average target price of C$50.10, despite a recent trading price slightly below C$49.

Hydro One Limited (TSE:H - Free Report) - Stock analysts at Raymond James Financial reduced their Q3 2025 EPS estimates for shares of Hydro One in a research note issued on Tuesday, July 22nd. Raymond James Financial analyst T. Genzebu now expects that the company will earn $0.61 per share for the quarter, down from their previous forecast of $0.64. 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.

Other research analysts also recently issued research reports about the stock. CIBC reduced their price target on shares of Hydro One from C$52.00 to C$51.00 in a research report on Monday, July 21st. Royal Bank Of Canada upped their price target on shares of Hydro One from C$46.00 to C$53.00 in a research report on Friday, May 9th. Desjardins set a C$58.00 price target on shares of Hydro One and gave the stock a "buy" rating in a research report on Tuesday, May 6th. TD Securities upgraded shares of Hydro One to a "hold" rating and set a C$52.00 target price on the stock in a research report on Friday, June 27th. Finally, Wells Fargo & Company upped their target price on shares of Hydro One from C$47.00 to C$52.00 in a research report on Friday, May 9th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of C$50.10.

Hydro One Price Performance

TSE H traded down C$0.38 on Friday, hitting C$48.41. 168,013 shares of the company were exchanged, compared to its average volume of 1,029,656. The firm has a 50 day moving average of C$49.34 and a two-hundred day moving average of C$48.22. The company has a market cap of C$29.03 billion, a P/E ratio of 25.53, a P/E/G ratio of 3.17 and a beta of 0.34. The company has a current ratio of 0.58, a quick ratio of 0.30 and a debt-to-equity ratio of 140.53. Hydro One has a 1-year low of C$42.07 and a 1-year high of C$53.98.

Hydro One Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 30th were paid a $0.3331 dividend. The ex-dividend date was Wednesday, June 11th. This is a boost from Hydro One's previous quarterly dividend of $0.31. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.75%. Hydro One's dividend payout ratio 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.