Hydro One (TSE:H) Stock Price Breaks Below 50-Day Moving Average – Here’s Why

Hydro One Limited (TSE:H)’s share price crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$52.87 and traded as low as C$50.58. Hydro One shares last traded at C$51.46, with a volume of 1,562,081 shares traded.

Analyst Ratings Changes

Several brokerages have weighed in on H. Canadian Imperial Bank of Commerce lowered their target price on Hydro One from C$59.00 to C$56.00 in a research note on Tuesday, September 22nd. Barclays dropped their target price on Hydro One from C$63.00 to C$61.00 in a report on Thursday, August 13th. Finally, Royal Bank Of Canada upped their price target on Hydro One from C$58.00 to C$60.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Hydro One currently has an average rating of “Hold” and a consensus target price of C$57.27.

Hydro One Stock Performance

The company has a market cap of C$30.88 billion, a PE ratio of 21.81, a P/E/G ratio of 3.17 and a beta of 0.30. The company has a debt-to-equity ratio of 154.61, a quick ratio of 0.30 and a current ratio of 0.88. The stock’s 50-day simple moving average is C$52.87 and its 200 day simple moving average is C$56.29.

Hydro One (TSE:H) last released its earnings results on Wednesday, August 12th. The company reported C$0.62 EPS for the quarter. The company had revenue of C$1.23 billion during the quarter. Hydro One had a net margin of 14.87% and a return on equity of 11.08%. As a group, equities analysts anticipate that Hydro One Limited will post 2.06 EPS for the current year.

Hydro One Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th were issued a dividend of $0.3531 per share. This represents a $1.41 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, September 9th. Hydro One’s dividend payout ratio is currently 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.