Hydro One Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hydro One in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Hydro One stock. 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 analyst ratings for Hydro One or view top-rated stocks.

Wall Street analysts have given Hydro One a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Hydro One wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Hydro One is scheduled to release its next quarterly earnings announcement on Tuesday, August 10th 2021.
View our earnings forecast for Hydro One.

Hydro One Limited (TSE:H) announced its quarterly earnings results on Friday, May, 7th. The company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.02. The company earned $1.81 billion during the quarter.
View Hydro One's earnings history.

Hydro One's stock was trading at C$25.26 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, H shares have increased by 20.2% and is now trading at C$30.35.
View which stocks have been most impacted by COVID-19.

Hydro One declared a quarterly dividend on Tuesday, June 8th. Investors of record on Wednesday, June 30th will be given a dividend of 0.2663 per share on Wednesday, June 30th. This represents a $1.07 annualized dividend and a yield of 3.51%. The ex-dividend date is Tuesday, June 8th. This is an increase from Hydro One's previous quarterly dividend of C$0.25.
View Hydro One's dividend history.

Hydro One pays an annual dividend of C$1.01 per share and currently has a dividend yield of 3.50%. The dividend payout ratio of Hydro One is 33.59%. This payout ratio is at a healthy, sustainable level, below 75%.
View Hydro One's dividend history.

6 brokers have issued 1-year price objectives for Hydro One's stock. Their forecasts range from C$25.00 to C$32.00. On average, they anticipate Hydro One's stock price to reach C$30.25 in the next year. This suggests that the stock has a possible downside of 0.3%.
View analysts' price targets for Hydro One or view top-rated stocks among Wall Street analysts.

Some companies that are related to Hydro One include Fortis (FTS), innogy SE (IGY.F) (IGY), Capital Power (CPX), Caribbean Utilities (CUP.U), Crius Energy Unt (KWH.UN), Synex International (SXI), Greencoat Renewables (GRP), Plutus PowerGen (PPG), Capital Power (CPXWF), Caribbean Utilities (CUPUF), Clearway Energy (CWEN.A), Clearway Energy (CWEN/A), Endesa (ELEZY), Equatorial Energia (EQUEY) and ERM Power (EPW).
View all of H's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hydro One investors own include Hawkins (HWKN), Enbridge (ENB), The Toronto-Dominion Bank (TD), CA (CA), Inter Pipeline (IPL), BCE (BCE), Bombardier, Inc. Class B (BBD.B), Manulife Financial (MFC), The Bank of Nova Scotia (BNS) and Royal Bank of Canada (RY).

Hydro One trades on the Toronto Stock Exchange (TSX) under the ticker symbol "H."

Shares of H 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.
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One share of H stock can currently be purchased for approximately C$30.35.

Hydro One has a market capitalization of C$18.16 billion and generates C$7.25 billion in revenue each year.

Hydro One employs 5,950 workers across the globe.

The official website for Hydro One is www.hydroone.com.

Hydro One is headquartered at 8th Floor; South, 483 Bay St Tower 1000, TORONTO, ON M5G 2P5, Canada.

Hydro One's mailing address is 8th Floor; South, 483 Bay St Tower 1000, TORONTO, ON M5G 2P5, Canada. The company can be reached via phone at +1-416-3451366.