Hydro One Stock Price, News & Analysis (TSE:H) C$38.99 +0.11 (+0.28%) (As of 04:21 PM ET) Add Compare Share Share Today's RangeC$38.50▼C$39.0050-Day RangeC$33.09▼C$38.8852-Week RangeC$32.79▼C$40.68Volume1.25 million shsAverage Volume1.05 million shsMarket CapitalizationC$23.36 billionP/E Ratio21.66Dividend Yield3.05%Price TargetC$37.95 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Hydro One MarketRank™ Stock AnalysisAnalyst RatingHold2.11 Rating ScoreUpside/Downside2.7% DownsideC$37.95 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.1.34 out of 5 stars 1.1 Analyst's Opinion Consensus RatingHydro One has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$37.95, Hydro One has a forecasted downside of 2.7% from its current price of C$38.99.Amount of Analyst CoverageHydro One has only been the subject of 4 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 3.12%, 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 66.11%. 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 1.7 News and Social Media Coverage News SentimentHydro One has a news sentiment score of 0.06. 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 0.58 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for Hydro One this week, compared to 2 articles on an average week.Search Interest12 people have searched for H on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Hydro One to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 Insiders47.14% 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 20.13% 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 21.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Hydro One is 21.66, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 106.48.Price to Earnings Growth RatioHydro One has a PEG Ratio of 2.90. 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 2.00. 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 Stock (TSE:H)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 high-voltage transmission lines and primary low-voltage distribution network. The company serves residential, small business, commercial, and industrial customers, as well as municipal utilities. It also provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. The company was incorporated in 2015 and is headquartered in Toronto, Canada.Read More H Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart H Stock News HeadlinesDecember 5, 2023 | msn.comHydro One line project draws concernsNovember 30, 2023 | finance.yahoo.comCoaches Association of Ontario inaugural coaching report finds coaches play a vital role in sport, but only half are trainedDecember 8, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 28, 2023 | finance.yahoo.comDid Hydro One Limited (TSE:H) Use Debt To Deliver Its ROE Of 9.3%?November 17, 2023 | finance.yahoo.comHydro One with the support of nine First Nations partners submits its final Environmental Assessment Report for the Waasigan Transmission LineNovember 8, 2023 | finanznachrichten.deHydro One Limited: Hydro One Reports Third Quarter ResultsNovember 8, 2023 | msn.comHydro One GAAP EPS of $0.59, revenue of $1.93BNovember 7, 2023 | finance.yahoo.comThe Township of Chapleau partners with Hydro One to energize life for its residents into the futureDecember 8, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 3, 2023 | finance.yahoo.comHydro One announces the Chatham to Lakeshore Transmission Line is on track to energize southwest Ontario a year ahead of scheduleNovember 1, 2023 | finance.yahoo.comCommunity-focused organizations driving positive change invited to apply for Hydro One's Energizing Life Community FundOctober 31, 2023 | morningstar.comHydro One Ltd HOctober 30, 2023 | finance.yahoo.comHydro One launches biodiversity initiative in southwest Ontario to fund habitat creation and invest in the natural environmentOctober 23, 2023 | finance.yahoo.comHydro One is investing in critical infrastructure to energize life in northeast and eastern OntarioOctober 20, 2023 | msn.comHydro One: Risks Mount Despite Price Drop And 3 TailwindsOctober 19, 2023 | markets.businessinsider.comCIBC Reaffirms Their Hold Rating on Hydro One (H)October 19, 2023 | markets.businessinsider.comHydro One (H) Receives a Hold from National BankOctober 17, 2023 | finance.yahoo.comHere's What To Make Of Hydro One's (TSE:H) Decelerating Rates Of ReturnOctober 17, 2023 | finance.yahoo.comHydro One Inc. Prices Offering of $400 Million Medium Term Notes under Sustainable Financing FrameworkOctober 10, 2023 | finance.yahoo.comHydro One and VR Vision collaborate to enhance customer care experience using virtual reality toolsOctober 5, 2023 | finance.yahoo.comHydro One expands its myEnergy Rewards program to electric vehicles and other smart home devicesOctober 3, 2023 | msn.comOne dead after serious collision in Middlesex Centre: OPPSeptember 28, 2023 | finance.yahoo.comHydro One Limited's (TSE:H) last week's 6.1% decline must have disappointed state or government who have a significant stakeSeptember 28, 2023 | msn.comHow much does the Glasgow Hydro bring to the city's economySeptember 20, 2023 | finance.yahoo.comFirst Nations advance partnership with Hydro One to develop two new transmission line projects between Sault Ste. Marie and SudburySeptember 19, 2023 | finance.yahoo.comHydro One energizes 2023 International Plowing Match and Rural ExpoSeptember 18, 2023 | finance.yahoo.comHydro One Inc. Prices Offering of $425 Million Medium Term Notes under Sustainable Financing FrameworkSee More Headlines 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 Company Calendar Ex-Dividend for 9/29 Dividend9/12/2023Dividend Payable9/29/2023Last Earnings11/08/2023Today12/08/2023Ex-Dividend for 12/29 Dividend12/12/2023Dividend Payable12/29/2023Next Earnings (Estimated)2/13/2024Get 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/AEmployees6,503Year FoundedN/APrice Target and Rating Average Stock Price TargetC$37.95 High Stock Price TargetC$42.00 Low Stock Price TargetC$35.00 Potential Upside/Downside-2.4%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.80 Trailing P/E Ratio21.60 Forward P/E Ratio20.62 P/E Growth2.9Net IncomeC$1.08 billion Net Margins14.00% Pretax MarginN/A Return on Equity9.42% Return on Assets3.64% Debt Debt-to-Equity Ratio131.57 Current Ratio0.42 Quick Ratio0.30 Sales & Book Value Annual SalesC$7.73 billion Price / Sales3.01 Cash FlowC$0.04 per share Price / Cash Flow888.33 Book ValueC$19.49 per share Price / Book1.99Miscellaneous Outstanding Shares599,080,000Free FloatN/AMarket CapC$23.29 billion OptionableNot Optionable Beta0.26 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. David Lebeter (Age 63)President, CEO & Director Comp: $1.15MMr. Christopher Felix Lopez (Age 48)Executive VP, Chief Financial & Regulatory Officer Comp: $1.17MMs. Megan Telford (Age 48)Executive Vice President of Strategy, Energy Transition & HR Comp: $1.01MMs. Teri FrenchExecutive VP of Safety, Operations & Customer ExperienceMr. Omar JavedVice President of Investor RelationsMr. Joseph AgostinoChief Compliance Officer, Senior VP & General CounselJay ArmitageVice President of Marketing and CommunicationsMr. Andrew SpencerExecutive Vice President of Capital Portfolio DeliveryMs. Maureen WarehamCorporate SecretaryMore ExecutivesKey CompetitorsFortisTSE:FTSEmeraTSE:EMABrookfield Infrastructure PartnersTSE:BIP.UNBrookfield Renewable PartnersTSE:BEP.UNBrookfield RenewableTSE:BEPCView All Competitors Should I Buy Hydro One Stock? H Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Hydro One was last updated on Sunday, December 3, 2023 at 4:37 PM. Pros Here are some ways that investors could benefit from investing in Hydro One Limited: Hydro One Limited is an electricity transmission and distribution company in Ontario, which means it plays a crucial role in providing essential services to the province. The company has a diverse portfolio of assets, including transmission lines, distribution networks, and power generation facilities, which provides stability and potential for growth. Hydro One Limited has a strong track record of delivering reliable and efficient electricity services to its customers, which contributes to its reputation and customer loyalty. With the increasing demand for clean energy, Hydro One Limited is well-positioned to capitalize on the transition to renewable energy sources and contribute to a sustainable future. Investing in Hydro One Limited offers the opportunity to benefit from the company's ongoing investments in infrastructure upgrades and technological advancements, which can lead to improved operational efficiency and cost savings. Cons Investors should be bearish about investing in Hydro One Limited for these reasons: There is a potential risk of regulatory changes or government intervention in the electricity sector, which could impact the company's operations and profitability. Hydro One Limited operates in a highly regulated industry, which means it is subject to strict compliance requirements and potential penalties for non-compliance. The company's financial performance may be influenced by factors such as fluctuations in electricity demand, energy prices, and economic conditions, which could affect its revenue and profitability. Investing in Hydro One Limited involves exposure to market risks, including interest rate fluctuations, currency exchange rates, and general market volatility. There is competition in the electricity transmission and distribution sector, which could impact Hydro One Limited's market share and pricing power. H Stock Analysis - Frequently Asked Questions Should I buy or sell Hydro One stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hydro One in the last year. There are currently 8 hold ratings and 1 buy rating 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 target for 2024? 9 equities research analysts have issued 1-year price objectives for Hydro One's shares. Their H share price targets range from C$35.00 to C$42.00. On average, they predict the company's stock price to reach C$37.95 in the next twelve months. This suggests that the stock has a possible downside of 2.7%. 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 shares have increased by 7.5% and is now trading at C$38.99. 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, February 13th 2024. View our H earnings forecast. How were Hydro One's earnings last quarter? Hydro One Limited (TSE:H) announced its earnings results on Wednesday, November, 8th. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.02. The company had revenue of $1.93 billion for the quarter. Hydro One had a trailing twelve-month return on equity of 9.42% and a net margin of 14.00%. How often does Hydro One pay dividends? What is the dividend yield for Hydro One? Hydro One declared a quarterly dividend on Tuesday, December 12th. Shareholders of record on Friday, December 29th will be paid a dividend of 0.296 per share on Friday, December 29th. This represents a $1.18 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend is Tuesday, December 12th. 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 3.12%. The dividend payout ratio is 66.11%. 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). 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. This page (TSE:H) was last updated on 12/8/2023 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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