National Bank Financial Estimates Hydro One FY2025 Earnings

Hydro One Limited (TSE:H) – Equities research analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for shares of Hydro One in a report issued on Monday, January 6th. National Bank Financial analyst P. Kenny now forecasts that the company will earn $1.99 per share for the year, up from their prior forecast of $1.98. The consensus estimate for Hydro One’s current full-year earnings is $2.06 per share.

H has been the topic of several other reports. Raymond James raised their price objective on Hydro One from C$41.00 to C$45.00 in a research note on Thursday, September 19th. Royal Bank of Canada raised their price target on shares of Hydro One from C$41.00 to C$43.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 3rd. Eight analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Hydro One presently has a consensus rating of “Hold” and an average price target of C$43.00.

Hydro One Stock Down 0.2 %

H stock opened at C$44.20 on Wednesday. The company has a current ratio of 0.40, a quick ratio of 0.30 and a debt-to-equity ratio of 137.11. The firm has a 50 day simple moving average of C$44.82 and a 200-day simple moving average of C$43.89. The company has a market capitalization of C$26.50 billion, a P/E ratio of 23.64, a PEG ratio of 3.17 and a beta of 0.34. Hydro One has a twelve month low of C$37.27 and a twelve month high of C$48.05.

Hydro One Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were given a $0.314 dividend. The ex-dividend date of this dividend was Wednesday, December 11th. This represents a $1.26 annualized dividend and a yield of 2.84%. Hydro One’s dividend payout ratio (DPR) is 67.38%.

Insiders Place Their Bets

In related news, Director Stacey Mowbray acquired 700 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were purchased at an average price of C$44.03 per share, for a total transaction of C$30,818.20. Following the acquisition, the director now owns 700 shares in the company, valued at approximately C$30,818.20. This represents a ∞ increase in their ownership of the stock. 47.12% of the stock is currently owned by company insiders.

About Hydro One

Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.