Hydro One (TSE:H) Share Price Breaks Below 50-Day Moving Average - Here's Why

Key Points

• Hydro One shares fell below their 50-day moving average, trading as low as C$50.66 and last changing hands at C$50.71, compared with a 50-day average of C$54.31.
• Analysts remain broadly neutral: Hydro One has a consensus “Hold” rating from nine analysts and an average price target of C$57.27, despite recent target changes from RBC, CIBC and Barclays.
• The company reported quarterly EPS of C$0.62 on C$1.23 billion in revenue and recently paid a quarterly dividend of C$0.3531, equivalent to an annualized C$1.41 and a 2.8% yield.

Hydro One Limited (TSE:H - Get Free Report)'s share price crossed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of C$54.31 and traded as low as C$50.66. Hydro One shares last traded at C$50.71, with a volume of 1,156,533 shares.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada upped their target price on Hydro One from C$58.00 to C$60.00 and gave the company a "sector perform" rating in a report on Thursday, August 13th. Canadian Imperial Bank of Commerce dropped their price objective on shares of Hydro One from C$59.00 to C$56.00 in a research note on Tuesday, September 22nd. Finally, Barclays cut their target price on shares of Hydro One from C$63.00 to C$61.00 in a research report on Thursday, August 13th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Hydro One has a consensus rating of "Hold" and an average target price of C$57.27.

Hydro One Stock Down 0.7%

The company has a current ratio of 0.88, a quick ratio of 0.30 and a debt-to-equity ratio of 154.61. The business's fifty day moving average price is C$54.31 and its two-hundred day moving average price is C$56.77. The firm has a market cap of C$30.43 billion, a P/E ratio of 21.49, a P/E/G ratio of 3.17 and a beta of 0.23.

Hydro One (TSE:H - Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported C$0.62 EPS for the quarter. The firm had revenue of C$1.23 billion for the quarter. Hydro One had a net margin of 14.87% and a return on equity of 11.08%. As a group, equities research analysts anticipate that Hydro One Limited will post 2.0572195 EPS for the current year.

Hydro One Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th were issued a $0.3531 dividend. This represents a $1.41 annualized dividend and a yield of 2.8%. The ex-dividend date was Wednesday, September 9th. Hydro One's payout ratio is 57.31%.

About Hydro One

Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $39.7 billion in assets as at December 31, 2025, and annual revenues in 2025 of $9 billion. Our team of 9,600 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2025, Hydro One invested $3.4 billion in its transmission and distribution networks, and supported the economy through buying $3 billion of goods and services.

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