Raymond James Has Positive Outlook for Hydro One Q1 Earnings

Hydro One Limited (TSE:H) – Analysts at Raymond James raised their Q1 2025 earnings per share (EPS) estimates for Hydro One in a research report issued to clients and investors on Friday, February 21st. Raymond James analyst T. Genzebu now forecasts that the company will post earnings per share of $0.51 for the quarter, up from their previous forecast 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.

H has been the topic of several other reports. CIBC raised their price objective on 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. Scotiabank raised their target price on Hydro One from C$45.00 to C$46.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. Finally, Royal Bank of Canada raised their target price on Hydro One from C$43.00 to C$46.00 in a research note on Friday, February 21st. Five analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of C$45.43.

Hydro One Trading Down 0.3 %

TSE:H opened at C$45.05 on Monday. The business’s 50-day moving average is C$44.47 and its two-hundred day moving average is C$44.95. The company has a debt-to-equity ratio of 140.53, a current ratio of 0.58 and a quick ratio of 0.30. Hydro One has a 12 month low of C$37.27 and a 12 month high of C$48.05. The firm has a market capitalization of C$27.01 billion, a PE ratio of 23.76, a price-to-earnings-growth ratio of 3.17 and a beta of 0.34.

Insider Buying and Selling

In related news, Director Stacey Mowbray bought 700 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was bought at an average cost of C$44.03 per share, for a total transaction of C$30,818.20. Following the completion of the purchase, the director now directly owns 700 shares in the company, valued at approximately C$30,818.20. The trade was a ∞ increase in their position. Insiders own 47.12% of the company’s stock.

Hydro One Dividend Announcement

The firm also recently announced 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 2.79%. Hydro One’s dividend payout ratio is presently 66.44%.

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.