Analysts Offer Predictions for Hydro One Q2 Earnings

Hydro One Limited (TSE:H - Free Report) - Equities researchers at National Bank Financial issued their Q2 2025 earnings estimates for shares of Hydro One in a report issued on Monday, July 21st. National Bank Financial analyst P. Kenny anticipates that the company will post earnings per share of $0.53 for the quarter. The consensus estimate for Hydro One's current full-year earnings is $2.06 per share.

Other equities analysts also recently issued reports about the stock. Raymond James Financial cut their price objective on shares of Hydro One from C$48.00 to C$45.00 and set a "market perform" rating on the stock in a report on Thursday, April 17th. CIBC dropped their price objective on shares of Hydro One from C$52.00 to C$51.00 in a report on Monday, July 21st. TD Securities raised shares of Hydro One to a "hold" rating and set a C$52.00 price target on the stock in a report on Friday, June 27th. BMO Capital Markets increased their price target on shares of Hydro One from C$46.00 to C$50.00 and gave the stock a "market perform" rating in a report on Friday, May 9th. Finally, Royal Bank Of Canada raised their target price on shares of Hydro One from C$46.00 to C$53.00 in a research note on Friday, May 9th. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Hydro One has a consensus rating of "Hold" and a consensus price target of C$50.10.

Hydro One Stock Up 0.1%

H traded up C$0.06 during mid-day trading on Wednesday, reaching C$48.79. 567,051 shares of the stock were exchanged, compared to its average volume of 1,035,790. The company has a debt-to-equity ratio of 140.53, a quick ratio of 0.30 and a current ratio of 0.58. The stock has a market capitalization of C$29.25 billion, a PE ratio of 25.73, a price-to-earnings-growth ratio of 3.17 and a beta of 0.34. The company has a 50 day moving average price of C$49.34 and a two-hundred day moving average price of C$48.16. 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 firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were paid a dividend of $0.3331 per share. The ex-dividend date was Wednesday, June 11th. This is an increase from Hydro One's previous quarterly dividend of $0.31. This represents a $1.33 annualized dividend and a dividend yield of 2.73%. 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.