Hydro One (H) Stock Price, News & Analysis

Company Overview

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. The province of Ontario holds an approximate 47% common equity stake.

Key Stats

• Today's Range: C$48.87 to C$49.70
• 50-Day Range: C$47.89 to C$51.06
• 52-Week Range: C$42.52 to C$53.98
• Volume: 729,166 shs
• Average Volume: 1.02 million shs
• Market Capitalization: C$29.77 billion
• P/E Ratio: 26.19
• Dividend Yield: 2.54%
• Price Target: C$50.10
• Consensus Rating: Hold

Hydro One Stock Analysis - MarketRank™

Hydro One scored higher than 13% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Hydro One has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 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.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hydro One is 26.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hydro One is 26.19, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 19.95.

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 2.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for H.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Hydro One pays a meaningful dividend of 2.74%, 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 66.44%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for H.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: 0.00

News Sentiment

Hydro One has a news sentiment score of 0.00. 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 is a lower news sentiment than the 0.76 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Hydro One this week, compared to 3 articles on an average week.

Search Interest

Only 50 people have searched for H on MarketBeat in the last 30 days. This is a decrease of -4% 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 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

H Stock Analysis - Frequently Asked Questions

How have H shares performed this year?

Hydro One's stock was trading at C$44.27 at the beginning of the year. Since then, H stock has increased by 12.2% and is now trading at C$49.66.

How were Hydro One's earnings last quarter?

Hydro One Limited (TSE:H) posted its earnings results on Thursday, November, 7th. The company reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.04. Hydro One had a trailing twelve-month return on equity of 9.58% and a net margin of 13.59%.
Read the conference call transcript.

How do I buy shares of Hydro One?

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.

What other stocks do shareholders of Hydro One own?

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: 11/07/2024
• Ex-Dividend for 6/30 Dividend: 6/11/2025
• Record date for 6/30 Dividend: 6/30/2025
• Dividend Payable: 6/30/2025
• Today: 8/01/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Utilities - Regulated Electric
• Sub-Industry: Restaurants, Hotels, Motels
• Current Symbol: TSE:H
• CIK: N/A
• Web: www.hydroone.com
• Phone: +1-416-3451366
• Fax: N/A
• Employees: 50,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Hydro One: C$50.10
• High Price Target: C$58.00
• Low Price Target: C$45.00
• Potential Upside/Downside: +0.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.11
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): C$1.90
• Trailing P/E Ratio: 26.19
• Forward P/E Ratio: 24.14
• P/E Growth: 3.17
• Net Income: C$1.14 billion
• Net Margins: 13.59%
• Pretax Margin: N/A
• Return on Equity: 9.58%
• Return on Assets: 3.57%

Debt

• Debt-to-Equity Ratio: 140.53
• Current Ratio: 0.58
• Quick Ratio: 0.30

Sales & Book Value

• Annual Sales: C$8.37 billion
• Price / Sales: 3.56
• Cash Flow: C$0.06 per share
• Price / Cash Flow: 888.33
• Book Value: C$20.30 per share
• Price / Book: 2.45

Miscellaneous

• Outstanding Shares: 599,568,384
• Free Float: N/A
• Market Cap: C$29.77 billion
• Optionable: Not Optionable
• Beta: 0.34