Equities Analysts Set Expectations for Hydro One Q2 Earnings

Hydro One Limited (TSE:H) – Stock analysts at Raymond James upped their Q2 2025 earnings per share (EPS) estimates for Hydro One in a research report issued on Thursday, May 8th. Raymond James analyst T. Genzebu now forecasts that the company will earn $0.45 per share for the quarter, up from their previous forecast of $0.44. Raymond James has a “Market Perform” rating and a $45.00 price objective on the stock. The consensus estimate for Hydro One’s current full-year earnings is $2.06 per share. Raymond James also issued estimates for Hydro One’s Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.40 EPS and FY2025 earnings at $2.09 EPS.

H has been the topic of several other reports. Jefferies Financial Group raised their price objective on Hydro One from C$45.00 to C$49.00 and gave the company a “hold” rating in a research note on Tuesday, April 15th. Scotiabank increased their target price on shares of Hydro One from C$45.00 to C$46.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. Desjardins set a C$58.00 price target on shares of Hydro One and gave the company a “buy” rating in a report on Tuesday, May 6th. BMO Capital Markets upped their price objective on shares of Hydro One from C$46.00 to C$50.00 and gave the stock a “market perform” rating in a research report on Friday, May 9th. Finally, CIBC raised their target price on shares of Hydro One from C$46.00 to C$49.00 in a research report on Friday, April 4th. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of C$49.67.

Hydro One Trading Down 2.1%

Shares of H opened at C$48.78 on Monday. The company has a debt-to-equity ratio of 140.53, a quick ratio of 0.30 and a current ratio of 0.58. Hydro One has a 52-week low of C$38.24 and a 52-week high of C$53.98. The firm has a market cap of C$29.25 billion, a price-to-earnings ratio of 25.72, a PEG ratio of 3.17 and a beta of 0.34. The business’s fifty day moving average is C$49.68 and its 200-day moving average is C$46.53.

Hydro One Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were given a $0.3142 dividend. This is a boost from Hydro One’s previous quarterly dividend of $0.31. This represents a $1.26 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend was Wednesday, March 12th. Hydro One’s dividend payout ratio is 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.