TSE:H

Hydro One (H) Stock Price, News & Analysis

C$40.08
+0.48 (+1.21%)
(As of 05/8/2024 ET)
Today's Range
C$39.46
C$40.25
50-Day Range
C$37.60
C$41.64
52-Week Range
C$32.79
C$41.69
Volume
773,348 shs
Average Volume
853,995 shs
Market Capitalization
C$24.01 billion
P/E Ratio
22.14
Dividend Yield
2.97%
Price Target
C$39.56

Hydro One MarketRank™ Stock Analysis

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
1.3% Downside
C$39.56 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.02mentions of Hydro One in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.33 out of 5 stars

H stock logo

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 approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines. 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.

H Stock Price History

H Stock News Headlines

Hydro One (H) to Release Quarterly Earnings on Tuesday
Hydro One Limited (TSE:H) Has A ROE Of 9.3%
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Company Calendar

Last Earnings
2/13/2024
Ex-Dividend for 3/28 Dividend
3/12/2024
Dividend Payable
3/28/2024
Today
5/08/2024
Next Earnings (Confirmed)
5/14/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Regulated Electric
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7,044
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$39.56
High Stock Price Target
C$42.00
Low Stock Price Target
C$38.00
Potential Upside/Downside
-1.3%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
C$1.08 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$7.84 billion
Cash Flow
C$0.05 per share
Book Value
C$19.50 per share

Miscellaneous

Free Float
N/A
Market Cap
C$24.01 billion
Optionable
Not Optionable
Beta
0.29
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Key Executives

  • Mr. David Lebeter (Age 64)
    President, CEO & Director
    Comp: $1.15M
  • Mr. Christopher Felix Lopez (Age 49)
    Executive VP, Chief Financial & Regulatory Officer
    Comp: $1.17M
  • Ms. Megan Telford (Age 49)
    Executive Vice President of Strategy, Energy Transition & HR
    Comp: $1.01M
  • Ms. Teri French (Age 55)
    Executive VP of Safety, Operations & Customer Experience
  • Mr. Omar Javed
    Vice President of Investor Relations
  • Mr. Joseph Agostino
    Chief Compliance Officer, Senior VP & General Counsel
  • Jay Armitage
    Vice President of Marketing and Communications
  • Mr. Andrew Spencer (Age 43)
    Executive Vice President of Capital Portfolio Delivery
  • Ms. Renee Dione McKenzie (Age 48)
    Executive VP of Digital & Technology Solutions
  • Ms. Maureen Wareham
    Corporate Secretary

H Stock Analysis - Frequently Asked Questions

Should I buy or sell Hydro One stock right now?

9 Wall Street equities 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 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.

What is Hydro One's stock price target for 2024?

9 brokers have issued 12 month price objectives for Hydro One's shares. Their H share price targets range from C$38.00 to C$42.00. On average, they anticipate the company's stock price to reach C$39.56 in the next year. This suggests that the stock has a possible downside of 1.3%.
View analysts price targets for H
or view top-rated stocks among Wall Street analysts.

How have H shares performed in 2024?

Hydro One's stock was trading at C$39.70 on January 1st, 2024. Since then, H stock has increased by 1.0% and is now trading at C$40.08.
View the best growth stocks for 2024 here
.

When is Hydro One's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our H earnings forecast
.

How were Hydro One's earnings last quarter?

Hydro One Limited (TSE:H) issued its earnings results on Tuesday, February, 13th. The company reported $0.30 EPS for the quarter, hitting analysts' consensus estimates of $0.30. The company had revenue of $1.98 billion for the quarter. Hydro One had a trailing twelve-month return on equity of 9.45% and a net margin of 13.83%.

How often does Hydro One pay dividends? What is the dividend yield for Hydro One?

Hydro One declared a quarterly dividend on Tuesday, March 12th. Shareholders of record on Thursday, March 28th will be paid a dividend of 0.296 per share on Thursday, March 28th. This represents a $1.18 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Tuesday, March 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 3.04%. The dividend payout ratio is 65.75%. 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?
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 5/8/2024 by MarketBeat.com Staff

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