FY2025 Earnings Forecast for Hydro One Issued By Desjardins

Hydro One Limited (TSE:H) – Equities researchers at Desjardins increased their FY2025 earnings per share (EPS) estimates for shares of Hydro One in a research note issued to investors on Thursday, May 8th. Desjardins analyst B. Stadler now anticipates that the company will earn $2.08 per share for the year, up from their prior forecast of $2.06. Desjardins currently has a “Buy” rating and a $58.00 target price on the stock. The consensus estimate for Hydro One’s current full-year earnings is $2.06 per share. Desjardins also issued estimates for Hydro One’s Q4 2025 earnings at $0.41 EPS and FY2027 earnings at $2.31 EPS.

Other equities analysts have also recently issued research reports about the company. Raymond James reduced their target price on Hydro One from C$48.00 to C$45.00 and set a “market perform” rating on the stock in a report on Thursday, April 17th. BMO Capital Markets increased their price target on shares of Hydro One from C$46.00 to C$50.00 and gave the company a “market perform” rating in a research report on Friday, May 9th. Royal Bank of Canada boosted their price objective on shares of Hydro One from C$46.00 to C$53.00 in a report on Friday, May 9th. Jefferies Financial Group increased their target price on shares of Hydro One from C$45.00 to C$49.00 and gave the stock a “hold” rating in a report on Tuesday, April 15th. Finally, Wells Fargo & Company lifted their price target on shares of Hydro One from C$47.00 to C$52.00 in a research report on Friday, May 9th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of C$49.67.

Hydro One Stock Down 2.1%

Shares of Hydro One stock opened at C$48.78 on Monday. The business has a fifty day simple moving average of C$49.68 and a 200 day simple moving average of C$46.53. The stock has a market cap of C$29.25 billion, a PE ratio of 25.72, a price-to-earnings-growth ratio of 3.17 and a beta of 0.34. The company has a quick ratio of 0.30, a current ratio of 0.58 and a debt-to-equity ratio of 140.53. Hydro One has a 12 month low of C$38.24 and a 12 month high of C$53.98.

Hydro One Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were given a dividend of $0.3142 per share. This is an increase from Hydro One’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $1.26 annualized dividend and a dividend yield of 2.58%. Hydro One’s dividend payout ratio is currently 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.