FY2026 Earnings Forecast for Hydro One Issued By Scotiabank

Hydro One Limited (TSE:H) – Investment analysts at Scotiabank lowered their FY2026 EPS estimates for Hydro One in a note issued to investors on Thursday, October 1st. Scotiabank analyst R. Hope now expects that the company will earn $2.32 per share for the year, down from their prior forecast of $2.33. The consensus estimate for Hydro One’s current full-year earnings is $2.06 per share. Scotiabank also issued estimates for Hydro One’s FY2027 earnings at $2.37 EPS.

H has been the subject of several other reports. Barclays dropped their target price on Hydro One from C$63.00 to C$61.00 in a report on Thursday, August 13th. Canadian Imperial Bank of Commerce cut their price objective on shares of Hydro One from C$59.00 to C$56.00 in a research report on Tuesday, September 22nd. Finally, Royal Bank Of Canada boosted their target price on shares of Hydro One from C$58.00 to C$60.00 and gave the company a “sector perform” rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Hydro One currently has an average rating of “Hold” and a consensus target price of C$57.27.

Hydro One Price Performance

TSE:H opened at C$50.93 on Monday. Hydro One has a one year low of C$49.09 and a one year high of C$60.57. The stock has a market cap of C$30.56 billion, a PE ratio of 21.58, a P/E/G ratio of 3.17 and a beta of 0.23. 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 50 day moving average price of C$53.77 and a 200 day moving average price of C$56.58.

Hydro One (TSE:H) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$0.62 earnings per share (EPS) for the quarter. The company had revenue of C$1.23 billion during the quarter. Hydro One had a net margin of 14.87% and a return on equity of 11.08%.

Hydro One Announces Dividend

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 of this dividend was Wednesday, September 9th. This represents a $1.41 dividend on an annualized basis and a yield of 2.8%. Hydro One’s payout ratio is presently 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.