Desjardins Brokers Boost Earnings Estimates for Hydro One

Hydro One Limited (TSE:H) – Equities research analysts at Desjardins lifted their Q2 2025 earnings per share estimates for Hydro One in a research note issued to investors on Monday, August 11th. Desjardins analyst B. Stadler now anticipates that the company will earn $0.53 per share for the quarter, up from their prior forecast of $0.49. Desjardins currently has a “Buy” rating and a $58.00 target price on the stock. The consensus estimate for Hydro One’s current full-year earnings is $2.06 per share. Desjardins also issued estimates for Hydro One’s Q3 2025 earnings at $0.63 EPS, Q4 2025 earnings at $0.34 EPS and FY2025 earnings at $2.10 EPS.

A number of other equities research analysts have also recently issued reports on H. Royal Bank Of Canada upped their price target on shares of Hydro One from C$46.00 to C$53.00 in a report on Friday, May 9th. Raymond James Financial increased their target price on shares of Hydro One from C$48.00 to C$49.00 and gave the company a “market perform” rating in a research note on Thursday. Wells Fargo & Company increased their target price on shares of Hydro One from C$47.00 to C$52.00 in a research note on Friday, May 9th. CIBC reduced their target price on shares of Hydro One from C$52.00 to C$51.00 in a research note on Monday, July 21st. Finally, National Bankshares increased their target price on shares of Hydro One from C$47.00 to C$48.00 and gave the company a “sector perform” rating in a research note on Thursday. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$51.00.

Hydro One Trading Up 0.7%

Hydro One stock opened at C$50.75 on Wednesday. The company has a debt-to-equity ratio of 140.53, a current ratio of 0.58 and a quick ratio of 0.30. The company has a market capitalization of C$30.43 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 3.17 and a beta of 0.34. Hydro One has a one year low of C$42.52 and a one year high of C$53.98. The company’s fifty day moving average price is C$49.17 and its two-hundred day moving average price is C$48.74.

Hydro One Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.3331 per share. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.6%. Hydro One’s dividend payout ratio (DPR) is presently 66.44%.

Hydro One Company Profile

Hydro One operates regulated transmission and distribution assets in Ontario. The area’s largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company’s rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business, Acronym Solutions, with annual revenue contributing less than 1% to consolidated results.