TSE:H Hydro One (H) Stock Forecast, Price & News C$38.25 -0.44 (-1.14%) (As of 06/1/2023 ET) Add Compare Share Share Today's RangeC$38.16▼C$38.8050-Day RangeC$37.08▼C$40.5552-Week RangeC$30.87▼C$40.68Volume868,646 shsAverage Volume1.07 million shsMarket CapitalizationC$22.90 billionP/E Ratio22.37Dividend Yield3.11%Price TargetC$38.28 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Hydro One MarketRank™ ForecastAnalyst RatingHold1.86 Rating ScoreUpside/Downside0.1% UpsideC$38.28 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.20 out of 5 stars 0.9 Analyst's Opinion Consensus RatingHydro One has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on no buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$38.28, Hydro One has a forecasted upside of 0.1% from its current price of C$38.25.Amount of Analyst CoverageHydro One has only been the subject of 3 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for H. Previous Next 1.7 Dividend Strength Dividend YieldHydro One pays a meaningful dividend of 3.09%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHydro One does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hydro One is 69.59%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for H. Previous Next 1.0 News and Social Media Coverage News SentimentHydro One has a news sentiment score of -0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.34 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for Hydro One this week, compared to 3 articles on an average week.Search InterestOnly 4 people have searched for H on MarketBeat in the last 30 days. This is a decrease of -85% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hydro One insiders have not sold or bought any company stock.Percentage Held by Insiders47.24% of the stock of Hydro One is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 20.91% of the stock of Hydro One is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Hydro One is 22.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Hydro One is 22.37, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 90.77.Price to Earnings Growth RatioHydro One has a PEG Ratio of 4.42. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHydro One has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Hydro One (TSE:H) StockHydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission Business, Distribution Business, and Other. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and 125,000 circuit kilometers of primary low-voltage distribution network. It serves approximately 1.5 million residential, small business, commercial, and industrial customers. The company also provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. Hydro One Limited was incorporated in 2015 and is headquartered in Toronto, Canada.Read More Receive H Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hydro One and its competitors with MarketBeat's FREE daily newsletter. Email Address H Stock News HeadlinesMay 30, 2023 | americanbankingnews.comHydro One Limited (TSE:H) Given Consensus Rating of "Reduce" by AnalystsMay 20, 2023 | seekingalpha.comH:CA Hydro One LimitedJune 2, 2023 | UNKNOWN (Ad)Lithium Has Boomed And This American Stock Is Ready..Lithium Has Been On A Crazy Rally Over The Last 3 Year's And This Stock Could Be Next!May 12, 2023 | americanbankingnews.comNational Bank Financial Equities Analysts Cut Earnings Estimates for Hydro One Limited (TSE:H)May 11, 2023 | americanbankingnews.comRaymond James Boosts Hydro One (TSE:H) Price Target to C$38.50May 10, 2023 | msn.comInquest to begin June 5 into fatal Hydro One helicopter crash near Tweed in 2017May 10, 2023 | msn.comInquest coming into deaths of Hydro One workers in 2017 helicopter crashMay 8, 2023 | baystreet.caHydro One’s Q1 Profit Sinks 9% To $282 MillionJune 2, 2023 | Vantage Point (Ad)Having Trouble in Your Trading?If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. 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May 8, 2023 | americanbankingnews.comAnalysts Set Hydro One Limited (TSE:H) Target Price at C$37.56May 7, 2023 | americanbankingnews.comHydro One Limited (H) To Go Ex-Dividend on June 6thMay 4, 2023 | msn.comOpen house held in Thamesville as Hydro One begins process to approve a new transmission lineMay 3, 2023 | americanbankingnews.comHydro One (H) Scheduled to Post Quarterly Earnings on FridayMay 2, 2023 | finance.yahoo.comHydro One urges Ontarians in flood prone areas to safeguard their homes against floodingApril 27, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Hydro One Limited (TSE:H) Reduced by Raymond JamesApril 26, 2023 | americanbankingnews.comQ1 2023 Earnings Estimate for Hydro One Limited (TSE:H) Issued By National Bank FinancialApril 25, 2023 | marketwatch.comHydro One to Invest in Electricity Infrastructure Supporting Mining in Northwest OntarioApril 25, 2023 | finance.yahoo.comHydro One to invest in critical electricity infrastructure to support mining operations in northwest OntarioApril 25, 2023 | theglobeandmail.comClosing Bell: Hydro One Ltd down on Monday (H)April 24, 2023 | americanbankingnews.comHydro One (TSE:H) Downgraded by CIBCApril 22, 2023 | americanbankingnews.comHydro One (TSE:H) Earns "Equal Weight" Rating from Wells Fargo & CompanyApril 21, 2023 | finance.yahoo.comHydro One Limited (TSE:H) stock most popular amongst state or government who own 47%, while individual investors hold 34%April 18, 2023 | msn.comThe Best Hydro Characters to Build in Genshin ImpactApril 15, 2023 | americanbankingnews.comHydro One Limited (TSE:H) Given Average Rating of "Hold" by AnalystsApril 13, 2023 | theglobeandmail.comClosing Bell: Hydro One Ltd down on Thursday (H)April 13, 2023 | americanbankingnews.comHydro One (TSE:H) Reaches New 52-Week High at $40.25April 12, 2023 | msn.comPontiac warden wants more Ontario hydro workers brought in for future outagesSee More Headlines H Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart H Company Calendar Ex-Dividend for 3/31 Dividend3/14/2023Dividend Payable3/31/2023Last Earnings5/05/2023Today6/01/2023Ex-Dividend for 6/30 Dividend6/06/2023Dividend Payable6/30/2023Next Earnings (Estimated)8/08/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Utilities - Regulated Electric Sub-IndustryN/A SectorUtilities Current SymbolTSE:H CUSIPN/A CIKN/A Webwww.hydroone.com Phone+1-416-3451366FaxN/AEmployees6,260Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$38.28 High Stock Price ForecastC$42.00 Low Stock Price ForecastC$36.00 Forecasted Upside/Downside+0.1%Consensus RatingHold Rating Score (0-4)1.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.71 Trailing P/E Ratio22.37 Forward P/E Ratio22.31 P/E Growth4.42Net IncomeC$1.02 billion Net Margins13.09% Pretax MarginN/A Return on Equity9.10% Return on Assets3.66% Debt Debt-to-Equity Ratio131.00 Current Ratio0.59 Quick Ratio0.30 Sales & Book Value Annual SalesC$7.81 billion Price / Sales2.93 Cash FlowC$0.04 per share Price / Cash Flow888.33 Book ValueC$19.07 per share Price / Book2.01Miscellaneous Outstanding Shares598,720,000Free FloatN/AMarket CapC$22.90 billion OptionableOptionable Beta0.25 Key ExecutivesMr. William Herbert Sheffield B.Sc. (Age 74)BSc., ICD.D, M.B.A., MBA, Interim Pres, Interim CEO & Director Comp: $82.11kMr. Christopher Felix Lopez (Age 48)Chief Financial Officer Comp: $1.15MMr. David Lebeter (Age 63)Chief Operating Officer Comp: $736kMr. Paul H. Harricks (Age 68)Exec. VP & Chief Legal Officer Comp: $960.27kMr. Brad Mitchell Bowness (Age 47)Chief Information Officer Mr. Omar JavedVP of Investor RelationsMr. Joseph AgostinoChief Compliance Officer, Sr. VP & Gen. CounselJay ArmitageVP of Marketing and CommunicationsMs. Megan Telford (Age 48)Chief HR Officer Ms. Maureen WarehamCorp. Sec.More ExecutivesKey CompetitorsFortisTSE:FTSBrookfield Infrastructure PartnersTSE:BIP.UNEmeraTSE:EMABrookfield Renewable PartnersTSE:BEP.UNBrookfield RenewableTSE:BEPCView All Competitors H Stock - Frequently Asked Questions Should I buy or sell Hydro One stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hydro One in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" H shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in H, but not buy additional shares or sell existing shares. View H analyst ratings or view top-rated stocks. What is Hydro One's stock price forecast for 2023? 7 Wall Street research analysts have issued 1-year price targets for Hydro One's stock. Their H share price forecasts range from C$36.00 to C$42.00. On average, they predict the company's stock price to reach C$38.28 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price. View analysts price targets for H or view top-rated stocks among Wall Street analysts. How have H shares performed in 2023? Hydro One's stock was trading at C$36.27 at the beginning of the year. Since then, H stock has increased by 5.5% and is now trading at C$38.25. View the best growth stocks for 2023 here. When is Hydro One's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our H earnings forecast. How were Hydro One's earnings last quarter? Hydro One Limited (TSE:H) issued its quarterly earnings data on Friday, May, 5th. The company reported $0.47 EPS for the quarter, meeting analysts' consensus estimates of $0.47. The business had revenue of $2.07 billion for the quarter. Hydro One had a trailing twelve-month return on equity of 9.10% and a net margin of 13.09%. How often does Hydro One pay dividends? What is the dividend yield for Hydro One? Hydro One declared a quarterly dividend on Tuesday, June 6th. Stockholders of record on Friday, June 30th will be given a dividend of 0.296 per share on Friday, June 30th. This represents a $1.18 annualized dividend and a dividend yield of 3.10%. The ex-dividend date is Tuesday, June 6th. This is an increase from the stock's previous quarterly dividend of C$0.28. Read our dividend analysis for H. Is Hydro One a good dividend stock? Hydro One (TSE:H) pays an annual dividend of C$1.19 per share and currently has a dividend yield of 3.09%. The dividend payout ratio is 69.59%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for H. What other stocks do shareholders of Hydro One own? Based on aggregate information from My MarketBeat watchlists, some companies that other Hydro One investors own include Hawkins (HWKN), Enbridge (ENB), Toronto-Dominion Bank (TD), CA (CA), Inter Pipeline (IPL), BCE (BCE), Bombardier, Inc. Class B (BBD.B), Manulife Financial (MFC), Bank of Nova Scotia (BNS) and Royal Bank of Canada (RY). What is Hydro One's stock symbol? Hydro One trades on the Toronto Stock Exchange (TSX) under the ticker symbol "H." How do I buy shares of Hydro One? Shares of H stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Hydro One's stock price today? One share of H stock can currently be purchased for approximately C$38.25. How much money does Hydro One make? Hydro One (TSE:H) has a market capitalization of C$22.90 billion and generates C$7.81 billion in revenue each year. The company earns C$1.02 billion in net income (profit) each year or C$1.71 on an earnings per share basis. How many employees does Hydro One have? The company employs 6,260 workers across the globe. How can I contact Hydro One? Hydro One's mailing address is 8th Floor; South, 483 Bay St Tower 1000, TORONTO, ON M5G 2P5, Canada. The official website for the company is www.hydroone.com. The company can be reached via phone at +1-416-3451366. This page (TSE:H) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Hydro One Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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