Hydro One (TSE:H) Price Target Raised to C$62.00

Hydro One (TSE:H) had its price target raised by National Bank Financial from C$61.00 to C$62.00 in a research note published on Thursday morning,BayStreet reports. National Bank Financial currently has a sector perform rating on the stock.

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

Hydro One Price Performance

Shares of Hydro One stock traded up C$0.15 during trading on Thursday, reaching C$57.23. The company’s stock had a trading volume of 1,293,170 shares, compared to its average volume of 1,356,492. The stock has a 50-day moving average price of C$53.10 and a two-hundred day moving average price of C$56.30. The company has a current ratio of 0.69, a quick ratio of 0.30 and a debt-to-equity ratio of 149.86. Hydro One has a one year low of C$50.14 and a one year high of C$60.57. The stock has a market capitalization of C$34.34 billion, a P/E ratio of 24.25, a price-to-earnings-growth ratio of 3.17 and a beta of 0.40.

Hydro One (TSE:H) last released its earnings results on Tuesday, November 10th. The company reported C$0.68 EPS for the quarter. The company had revenue of C$1.29 billion during the quarter. Hydro One had a return on equity of 10.89% and a net margin of 14.49%. As a group, sell-side analysts anticipate that Hydro One will post 2.06 EPS for the current fiscal year.

Hydro One Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th were given a $0.3531 dividend. 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 (DPR) 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.