Desjardins Issues Positive Estimate for Hydro One Earnings

Hydro One Limited (TSE:H) – Equities researchers at Desjardins increased their Q3 2025 EPS estimates for Hydro One in a research report issued on Wednesday, August 13th. Desjardins analyst B. Stadler now forecasts that the company will earn $0.65 per share for the quarter, up from their previous forecast of $0.63. Desjardins has a “Buy” rating and a $58.00 price target 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 FY2025 earnings at $2.13 EPS, FY2026 earnings at $2.23 EPS and FY2027 earnings at $2.35 EPS.

Several other brokerages also recently commented 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 research report on Friday, May 9th. CIBC cut their target price on shares of Hydro One from C$52.00 to C$51.00 in a research note on Monday, July 21st. TD Securities increased their target price on Hydro One from C$52.00 to C$54.00 and gave the company a “hold” rating in a report on Thursday. National Bankshares lifted their price target on Hydro One from C$47.00 to C$48.00 and gave the company a “sector perform” rating in a report on Thursday. Finally, BMO Capital Markets upped their price target on Hydro One from C$46.00 to C$50.00 and gave the company a “market perform” rating in a research report on Friday, May 9th. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Hydro One has an average rating of “Hold” and an average target price of C$51.00.

Hydro One Stock Up 0.2%

H stock opened at C$50.87 on Friday. Hydro One has a 12 month low of C$42.52 and a 12 month high of C$53.98. The firm has a market cap of C$30.50 billion, a PE ratio of 26.82, a P/E/G ratio of 3.17 and a beta of 0.34. The firm has a 50 day simple moving average of C$49.20 and a 200 day simple moving average of C$48.78. The company has a debt-to-equity ratio of 140.53, a current ratio of 0.58 and a quick ratio of 0.30.

Hydro One Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Wednesday, September 10th will be given a dividend of $0.3331 per share. This represents a $1.33 dividend on an annualized basis and a yield of 2.6%. Hydro One’s payout ratio is currently 66.44%.

About Hydro One

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.