Research Analysts Issue Forecasts for Hydro One Limited's Q1 2025 Earnings (TSE:H)

Hydro One Limited (TSE:H - Free Report) - Equities researchers at Raymond James issued their Q1 2025 earnings estimates for shares of Hydro One in a note issued to investors on Thursday, April 25th. Raymond James analyst D. Quezada anticipates that the company will post earnings per share of $0.49 for the quarter. Raymond James has a "Market Perform" rating and a $41.00 price objective on the stock. The consensus estimate for Hydro One's current full-year earnings is $1.91 per share. Raymond James also issued estimates for Hydro One's Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.60 EPS, Q4 2025 earnings at $0.49 EPS and FY2025 earnings at $2.02 EPS.

H has been the subject of several other reports. National Bankshares boosted their price objective on Hydro One from C$35.00 to C$38.00 and gave the company a "sector perform" rating in a report on Tuesday, January 30th. Wells Fargo & Company upped their target price on Hydro One from C$39.00 to C$40.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 14th. Royal Bank of Canada increased their target price on Hydro One from C$37.00 to C$41.00 and gave the company a "sector perform" rating in a report on Wednesday, February 14th. TD Securities increased their target price on Hydro One from C$37.00 to C$39.00 and gave the company a "hold" rating in a report on Wednesday, February 14th. Finally, CIBC dropped their price target on shares of Hydro One from C$40.00 to C$39.00 and set a "neutral" rating on the stock in a research note on Friday, April 19th. Eight equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Hydro One has an average rating of "Hold" and a consensus target price of C$39.56.

Hydro One Trading Up 1.0 %

Shares of TSE:H traded up C$0.37 during midday trading on Friday, reaching C$38.21. The company's stock had a trading volume of 577,666 shares, compared to its average volume of 873,342. The business has a 50 day moving average price of C$39.81 and a 200 day moving average price of C$38.80. Hydro One has a 1 year low of C$32.79 and a 1 year high of C$41.69. The company has a quick ratio of 0.30, a current ratio of 0.50 and a debt-to-equity ratio of 133.77. The firm has a market cap of C$22.89 billion, a price-to-earnings ratio of 21.10, a price-to-earnings-growth ratio of 2.90 and a beta of 0.31.

Hydro One (TSE:H - Get Free Report) last issued its quarterly earnings data on Tuesday, February 13th. The company reported C$0.30 earnings per share (EPS) for the quarter, hitting the consensus estimate of C$0.30. The firm had revenue of C$1.98 billion during the quarter. Hydro One had a return on equity of 9.45% and a net margin of 13.83%.

Hydro One Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 28th were issued a $0.296 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Tuesday, March 12th. Hydro One's dividend payout ratio is currently 65.75%.

About Hydro One

Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.