Hydro One - H Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hydro One in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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.

7 equities research analysts have issued 1-year price targets for Hydro One's shares. Their H share price forecasts range from C$32.00 to C$37.00. On average, they predict the company's stock price to reach C$35.78 in the next year. This suggests a possible upside of 3.5% from the stock's current price.
View analysts price targets for H or view top-rated stocks among Wall Street analysts.

Hydro One's stock was trading at C$32.91 on January 1st, 2022. Since then, H stock has increased by 5.0% and is now trading at C$34.57.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our H earnings forecast.

Hydro One Limited (TSE:H) posted its quarterly earnings data on Tuesday, August, 9th. The company reported $0.42 earnings per share for the quarter, hitting the consensus estimate of $0.42. The business had revenue of $1.84 billion for the quarter.

Hydro One declared a quarterly dividend on Monday, August 8th. Shareholders of record on Wednesday, September 14th will be paid a dividend of 0.28 per share on Thursday, September 29th. This represents a $1.12 annualized dividend and a dividend yield of 3.24%. The ex-dividend date is Tuesday, September 13th.
Read our dividend analysis for H.

Hydro One (TSE:H) pays an annual dividend of C$1.08 per share and currently has a dividend yield of 3.22%. The dividend payout ratio is 63.44%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for H.

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).

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

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.
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One share of H stock can currently be purchased for approximately C$34.57.

Hydro One (TSE:H) has a market capitalization of C$20.70 billion and generates C$7.58 billion in revenue each year.

The company employs 6,260 workers across the globe.

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.