FY2026 Earnings Estimate for Hydro One Issued By Scotiabank

Hydro One Limited (TSE:H) – Scotiabank raised their FY2026 earnings estimates for shares of Hydro One in a research report issued to clients and investors on Thursday, February 19th. Scotiabank analyst R. Hope now forecasts that the company will earn $2.24 per share for the year, up from their prior estimate of $2.20. 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 $2.34 EPS.

H has been the subject of a number of other reports. TD Securities lifted their target price on Hydro One from C$56.00 to C$57.00 and gave the stock a “hold” rating in a report on Wednesday. National Bank Financial boosted their target price on shares of Hydro One from C$49.00 to C$53.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 17th. Raymond James Financial lifted their price target on shares of Hydro One from C$49.00 to C$53.50 and gave the company a “market perform” rating in a research note on Friday, October 24th. Finally, Jefferies Financial Group cut their price objective on shares of Hydro One from C$52.00 to C$50.00 in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Hydro One has a consensus rating of “Hold” and a consensus price target of C$53.35.

Hydro One Stock Performance

Shares of Hydro One stock opened at C$56.84 on Friday. The business has a 50-day moving average price of C$54.12 and a two-hundred day moving average price of C$52.25. Hydro One has a 1-year low of C$43.30 and a 1-year high of C$57.63. The company has a current ratio of 0.58, a quick ratio of 0.30 and a debt-to-equity ratio of 140.53. The company has a market cap of C$34.09 billion, a P/E ratio of 25.49, a PEG ratio of 3.17 and a beta of 0.22.

Hydro One (TSE:H) last posted its quarterly earnings data on Friday, February 13th. The company reported C$0.39 EPS for the quarter. Hydro One had a net margin of 13.59% and a return on equity of 9.58%. The company had revenue of C$981.00 million for the quarter.

Hydro One Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were paid a $0.3331 dividend. The ex-dividend date was Wednesday, December 10th. This represents a $1.33 annualized dividend and a yield of 2.3%. Hydro One’s dividend payout ratio (DPR) is 58.90%.

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. The province of Ontario holds an approximate 47% common equity stake.