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TSE:H

Hydro One (H) Stock Price, News & Analysis

Hydro One logo
C$44.83
-0.56 (-1.23%)
(As of 10/31/2024 ET)

About Hydro One Stock (TSE:H)

Key Stats

Today's Range
C$44.61
C$45.35
50-Day Range
C$43.84
C$47.77
52-Week Range
C$35.87
C$48.05
Volume
1.05 million shs
Average Volume
1.02 million shs
Market Capitalization
C$26.87 billion
P/E Ratio
23.97
Dividend Yield
2.81%
Price Target
C$43.00
Consensus Rating
Hold

Company Overview

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. The company serves residential, small business, commercial, and industrial customers, as well as municipal utilities. It also provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. The company was incorporated in 2015 and is headquartered in Toronto, Canada.

Hydro One Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
18th Percentile Overall Score

H MarketRank™: 

Hydro One scored higher than 18% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Hydro One has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 8 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Hydro One has only been the subject of 3 research reports in the past 90 days.

  • Read more about Hydro One's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hydro One is 23.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.46.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hydro One is 23.97, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 82.15.

  • Price to Earnings Growth Ratio

    Hydro One has a PEG Ratio of 3.17. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Hydro One has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Hydro One's valuation and earnings.
  • Short Interest

    There is no current short interest data available for H.
  • Dividend Yield

    Hydro One pays a meaningful dividend of 2.73%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Hydro One does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Hydro One is 67.38%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Hydro One's dividend.
  • Short Interest

    There is no current short interest data available for H.
  • News Sentiment

    Hydro One has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Hydro One this week, compared to 4 articles on an average week.
  • Search Interest

    Only 12 people have searched for H on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Hydro One to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hydro One insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    47.12% of the stock of Hydro One is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 22.09% of the stock of Hydro One is held by institutions.

  • Read more about Hydro One's insider trading history.
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H Stock News Headlines

Equities Analysts Issue Forecasts for Hydro One Q3 Earnings
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H Stock Analysis - Frequently Asked Questions

Hydro One's stock was trading at C$39.70 at the start of the year. Since then, H stock has increased by 12.9% and is now trading at C$44.83.
View the best growth stocks for 2024 here
.

Hydro One Limited (TSE:H) posted its quarterly earnings data on Wednesday, August, 14th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. The company earned $2.03 billion during the quarter. Hydro One had a trailing twelve-month return on equity of 9.61% and a net margin of 13.85%.

Shares of H stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Hydro One investors own include Enbridge (ENB), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Hawkins (HWKN), BCE (BCE), Royal Bank of Canada (RY) and Manulife Financial (MFC).

Company Calendar

Last Earnings
8/14/2024
Ex-Dividend for 9/27 Dividend
9/11/2024
Dividend Payable
9/27/2024
Today
11/01/2024
Next Earnings (Confirmed)
11/07/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Regulated Electric
Sub-Industry
Restaurants, Hotels, Motels
CIK
N/A
Fax
N/A
Employees
50,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$43.00
High Stock Price Target
C$46.00
Low Stock Price Target
C$38.00
Potential Upside/Downside
-4.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
8 Analysts

Profitability

Net Income
C$1.12 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$8.11 billion
Cash Flow
C$0.05 per share
Book Value
C$19.86 per share

Miscellaneous

Free Float
N/A
Market Cap
C$26.87 billion
Optionable
Not Optionable
Beta
0.34
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This page (TSE:H) was last updated on 11/1/2024 by MarketBeat.com Staff
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