Hydro One FY2025 EPS Lifted by National Bank Financial

Hydro One Limited (TSE:H) – Investment analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for Hydro One in a note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny now expects that the company will post earnings per share of $1.99 for the year, up from their prior estimate of $1.98. The consensus estimate for Hydro One’s current full-year earnings is $2.06 per share.

H has been the topic of a number of other research reports. CIBC boosted their target price on shares of Hydro One from C$45.00 to C$46.00 and gave the company a “neutral” rating in a research report on Wednesday. Raymond James increased their price objective on shares of Hydro One from C$41.00 to C$45.00 in a research report on Thursday, September 19th. Finally, Royal Bank of Canada boosted their target price on Hydro One from C$41.00 to C$43.00 and gave the company a “sector perform” rating in a research report on Thursday, October 3rd. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of C$43.25.

Hydro One Stock Down 0.7 %

Hydro One stock opened at C$44.06 on Wednesday. The firm has a market cap of C$26.41 billion, a price-to-earnings ratio of 23.56, a PEG ratio of 3.17 and a beta of 0.34. Hydro One has a 52-week low of C$37.27 and a 52-week high of C$48.05. The company has a debt-to-equity ratio of 137.11, a quick ratio of 0.30 and a current ratio of 0.40. The firm has a 50 day moving average price of C$44.80 and a two-hundred day moving average price of C$43.92.

Hydro One Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.314 per share. The ex-dividend date was Wednesday, December 11th. This represents a $1.26 annualized dividend and a dividend yield of 2.85%. Hydro One’s payout ratio is 67.38%.

Insider Transactions at Hydro One

In related news, Director Stacey Mowbray bought 700 shares of the business’s stock in a transaction on Monday, December 23rd. The stock was acquired at an average price of C$44.03 per share, for a total transaction of C$30,818.20. Following the purchase, the director now directly owns 700 shares in the company, valued at C$30,818.20. This trade represents a ? increase in their ownership of the stock. Corporate insiders own 47.12% of the company’s stock.

About Hydro One

Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.