Hydro One Limited (TSE:H – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$56.16 and traded as high as C$57.28. Hydro One shares last traded at C$57.18, with a volume of 1,310,520 shares traded.
Wall Street Analyst Weigh In
Several analysts have recently commented on the stock. Royal Bank Of Canada raised 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 report on Thursday, August 13th. Canadian Imperial Bank of Commerce dropped their price target on Hydro One from C$59.00 to C$56.00 in a research note on Tuesday, September 22nd. Desjardins set a C$61.00 price objective on shares of Hydro One and gave the company a “buy” rating in a research report on Tuesday, October 27th. Finally, Barclays decreased their price target on shares of Hydro One from C$63.00 to C$61.00 in a research note on Thursday, August 13th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Hydro One has an average rating of “Hold” and a consensus target price of C$57.58.
Hydro One Stock Performance
The firm’s 50 day moving average is C$52.52 and its 200 day moving average is C$56.16. 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 has a market cap of C$34.31 billion, a P/E ratio of 24.23, a price-to-earnings-growth ratio of 3.17 and a beta of 0.30.
Hydro One (TSE:H – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported C$0.62 earnings per share (EPS) for the quarter. Hydro One had a net margin of 14.87% and a return on equity of 11.08%. The business had revenue of C$1.23 billion for the quarter. Analysts anticipate that Hydro One Limited will post 2.06 EPS for the current year.
Hydro One Announces Dividend
The business also recently declared 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 dividend on an annualized basis and a yield of 2.5%. Hydro One’s dividend payout ratio is presently 57.31%.
About Hydro One
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.
Featured Stories
- Five stocks we like better than Hydro One
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Hydro One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hydro One and related companies with MarketBeat.com's FREE daily email newsletter.
