Hydro One (TSE:H) Share Price Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Posted by Geri Gentry on Nov 6th, 2026

Hydro One Limited (TSE:H – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$56.16 and traded as high as C$57.28. Hydro One shares last traded at C$57.18, with a volume of 1,310,520 shares traded.

Wall Street Analysts Forecast Growth

H has been the topic of a number of recent research reports. Barclays lowered their target price on Hydro One from C$63.00 to C$61.00 in a research note on Thursday, August 13th. Desjardins set a C$61.00 price target on Hydro One and gave the company a “buy” rating in a research note on Tuesday, October 27th. Royal Bank Of Canada increased their price objective on Hydro One from C$58.00 to C$60.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce reduced their target price on shares of Hydro One from C$59.00 to C$56.00 in a research report on Tuesday, September 22nd. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$57.58.

View Our Latest Analysis on Hydro One

Hydro One Price Performance

The firm’s 50-day moving average is C$52.69 and its two-hundred day moving average is C$56.20. The company has a market cap of C$34.61 billion, a P/E ratio of 24.44, a PEG ratio of 3.17 and a beta of 0.40. The company has a debt-to-equity ratio of 154.61, a current ratio of 0.88 and a quick ratio of 0.30.

Hydro One (TSE:H – Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C$0.62 EPS for the quarter. Hydro One had a return on equity of 11.08% and a net margin of 14.87%. The firm had revenue of C$1.23 billion for the quarter. Analysts anticipate that Hydro One Limited will post 2.06 earnings per share for the current year.

Hydro One Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th were issued a dividend of $0.3531 per share. The ex-dividend date was Wednesday, September 9th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.4%. Hydro One’s dividend payout ratio is currently 57.31%.

About Hydro One

(Get Free Report)

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.