Shares of Hydro One Limited (TSE:H – Get Free Report) passed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of C$52.87 and traded as low as C$50.58. Hydro One shares last traded at C$51.46, with a volume of 1,562,081 shares.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. Royal Bank Of Canada lifted their target price on Hydro One from C$58.00 to C$60.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 13th. Barclays decreased their target price on Hydro One from C$63.00 to C$61.00 in a research report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce dropped their price target on Hydro One from C$59.00 to C$56.00 in a research note on Tuesday, September 22nd. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of C$57.27.
Check Out Our Latest Stock Analysis on H
Hydro One Trading Up 1.3%
Hydro One (TSE:H – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported C$0.62 EPS for the quarter. The firm 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%. As a group, analysts expect that Hydro One Limited will post 2.06 earnings per share for the current fiscal year.
Hydro One Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th were issued a $0.3531 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Wednesday, September 9th. Hydro One’s dividend payout ratio is presently 57.31%.
About Hydro One
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.
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