Hydro One (TSE:H) Price Target Raised to C$63.00

Hydro One (TSE:H) had its target price raised by Desjardins from C$61.00 to C$63.00 in a report issued on Wednesday,BayStreet reports. The brokerage currently has a buy rating on the stock.

A number of other analysts also recently weighed in on H. TD raised their price target on shares of Hydro One from C$58.00 to C$59.00 and gave the stock a “hold” rating in a research report on Wednesday. BMO Capital Markets lifted their price target on shares of Hydro One from C$55.00 to C$58.00 and gave the stock a “market perform” rating in a research note on Wednesday. Barclays cut their price target on shares of Hydro One from C$63.00 to C$61.00 in a report on Thursday, August 13th. Canadian Imperial Bank of Commerce cut their price target on shares of Hydro One from C$59.00 to C$56.00 in a report on Tuesday, September 22nd. Finally, Royal Bank Of Canada increased their price objective on shares of Hydro One from C$58.00 to C$60.00 and gave the company a “sector perform” rating in a research note on Thursday, August 13th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$57.92.

Hydro One Price Performance

Shares of TSE H opened at C$57.23 on Wednesday. The company has a quick ratio of 0.30, a current ratio of 0.69 and a debt-to-equity ratio of 149.86. Hydro One has a fifty-two week low of C$50.14 and a fifty-two week high of C$60.57. The business has a 50 day moving average price of C$53.10 and a two-hundred day moving average price of C$56.30. The firm has a market cap of C$34.34 billion, a PE ratio of 24.25, a price-to-earnings-growth ratio of 3.17 and a beta of 0.40.

Hydro One (TSE:H) last posted its quarterly earnings data on Tuesday, November 10th. The company reported C$0.68 earnings per share (EPS) for the quarter. Hydro One had a return on equity of 10.89% and a net margin of 14.49%. The company had revenue of C$1.29 billion for the quarter. Sell-side analysts expect that Hydro One will post 2.06 earnings per share for the current fiscal year.

Hydro One Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th were paid a dividend of $0.3531 per share. The ex-dividend date was Wednesday, September 9th. This represents a $1.41 annualized dividend and a yield of 2.5%. Hydro One’s dividend payout ratio is presently 57.31%.

Hydro One Company Profile

Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s largest electricity transmission and distribution provider with 1.5 million valued customers, $39.7 billion in assets as at December 31, 2025, and annual revenues in 2025 of $9 billion. Our team of 9,600 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2025, Hydro One invested $3.4 billion in its transmission and distribution networks, and supported the economy through buying $3 billion of goods and services.