Raymond James Weighs in on Hydro One’s Q1 Earnings (TSE:H)

Hydro One Limited (TSE:H) – Stock analysts at Raymond James raised their Q1 2025 earnings estimates for Hydro One in a report released on Friday, February 21st. Raymond James analyst T. Genzebu now forecasts that the company will earn $0.51 per share for the quarter, up from their prior estimate of $0.50. 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 Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.50 EPS and FY2025 earnings at $2.06 EPS.

A number of other research firms have also recently weighed in on H. Royal Bank of Canada upped their price objective on shares of Hydro One from C$43.00 to C$46.00 in a research report on Friday. CIBC increased 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, January 8th. Finally, Scotiabank increased their target price on shares of Hydro One from C$45.00 to C$46.00 and gave the company a “sector perform” rating in a research report on Thursday, February 13th. Five analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of C$45.43.

Hydro One Stock Performance

TSE:H opened at C$44.56 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. The company has a fifty day moving average of C$44.43 and a two-hundred day moving average of C$44.91. The stock has a market capitalization of C$26.72 billion, a PE ratio of 23.50, a P/E/G ratio of 3.17 and a beta of 0.34. Hydro One has a fifty-two week low of C$37.27 and a fifty-two week high of C$48.05.

Hydro One Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a dividend of $0.314 per share. This represents a $1.26 annualized dividend and a yield of 2.82%. The ex-dividend date was Wednesday, December 11th. Hydro One’s payout ratio is currently 66.44%.

Insider Buying and Selling

In related news, Director Stacey Mowbray bought 700 shares of the stock in a transaction on Monday, December 23rd. The stock was bought at an average price of C$44.03 per share, with a total value of C$30,818.20. Following the completion of the purchase, the director now directly owns 700 shares in the company, valued at C$30,818.20. This represents a ∞ increase in their position. 47.12% of the stock is owned by company insiders.

Hydro One Company Profile

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.