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Hydro One Limited (TSE:H)
TSX:H
Holding TSE:H?
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H Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$37.04 - C$48.05
Previous CloseC$45.54
Volume204.34K
Average Volume (3M)1.06M
Market Cap
C$27.35B
Enterprise ValueC$45.41B
Total Cash (Recent Filing)C$74.00M
Total Debt (Recent Filing)C$18.10B
Price to Earnings (P/E)24.0
Beta0.48
Next Earnings
Feb 20, 2025EPS Estimate
C$0.32Next Dividend Ex-Date
Dec 11, 2024Dividend Yield2.7%
Share Statistics
EPS (TTM)1.89
Shares Outstanding599,435,162
10 Day Avg. Volume606,190
30 Day Avg. Volume1,061,825
Standard Deviation0.04
R-Squared0.10
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)2.27
Price to Sales (P/S)3.33
Price to Cash Flow (P/CF)9.00
P/FCF Ratio242.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$44.60Price Target Upside-2.24% Downside
Rating ConsensusHold
Number of Analyst Covering5
Hydro One News
PremiumCompany Announcements
Hydro One Sees Revenue and Profit Growth in Q3 2024
PremiumCompany Announcements
Hydro One’s Q3 Earnings Rise Amid Strategic InvestmentsPremiumCompany Announcements
Hydro One Prices $1.2B Notes for Green Projects
PremiumCompany Announcements
Hydro One Posts Strong Q2 Earnings and Expands InfrastructurePremiumCompany Announcements
Hydro One Reports Increased Earnings in 2024PremiumPre-Earnings
Is H a Buy, Before Earnings?
PremiumCompany Announcements
Hydro One Shareholders Approve Board and Auditors
PremiumCompany Announcements
Hydro One Appoints New Finance Executive LeaderBulls Say, Bears Say
Bulls Say
Earnings GrowthHydro One's EPS growth is expected to continue outpacing its rate base through 2027.
Financial StrategyNewly appointed CFRO Harry Taylor reaffirmed the 5-7% EPS guidance through 2027, that no equity is required during that timeframe, and that the financial strategy will be unchanged.
Transmission And Distribution GrowthOntario is seeing projected power demand rise and needs new transmission built to accommodate those needs.
Bears Say
Market PerformanceThe significant share outperformance vs. S&P/TSX Utilities Index, the premium P/E valuation of 21x, and the relative return to the unchanged $42 target drive the rating to Market Perform from Outperform.
Regulatory UncertaintyThere is uncertainty around the outcome of Hydro One's cost of capital review with the OEB, which could alter its ROE/equity layer.
ValuationHydro One shares are currently trading at a 35% premium to peers and are fully valued.
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Options Prices
Currently, No data available
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Ownership Overview
0.01% Insiders
1.97% Mutual Funds
<0.01% Other Institutional Investors
92.30% Public Companies and Individual Investors
H FAQ
What was Hydro One Limited’s price range in the past 12 months?
Hydro One Limited lowest stock price was C$37.04 and its highest was C$48.05 in the past 12 months.
What is Hydro One Limited’s market cap?
Currently, no data Available
When is Hydro One Limited’s upcoming earnings report date?
Hydro One Limited’s upcoming earnings report date is Feb 20, 2025 which is in 89 days.
How were Hydro One Limited’s earnings last quarter?
Hydro One Limited released its earnings results on Nov 07, 2024. The company reported C$0.62 earnings per share for the quarter, beating the consensus estimate of C$0.592 by C$0.028.
Is Hydro One Limited overvalued?
According to Wall Street analysts Hydro One Limited’s price is currently Overvalued.
Does Hydro One Limited pay dividends?
Hydro One Limited pays a Quarterly dividend of C$0.31 which represents an annual dividend yield of 2.7%. See more information on Hydro One Limited dividends here
What is Hydro One Limited’s EPS estimate?
Hydro One Limited’s EPS estimate is C$0.32.
How many shares outstanding does Hydro One Limited have?
Hydro One Limited has 599,435,200 shares outstanding.
What happened to Hydro One Limited’s price movement after its last earnings report?
Hydro One Limited reported an EPS of C$0.62 in its last earnings report, beating expectations of C$0.592. Following the earnings report the stock price went up 0.634%.
Which hedge fund is a major shareholder of Hydro One Limited?
Currently, no hedge funds are holding shares in TSE:H
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Hydro One Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
C$44.60 (-2.24% Downside)
C$44.60 (-2.24% Downside)
Blogger Sentiment
Bearish
TSE:H Sentiment 100%
Sector Average 67%
Sector Average 67%
Crowd Wisdom
Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 5.1%
Last 30 Days ▲ 5.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.11%
12-Months-Change
Fundamentals
Return on Equity
9.57%
Trailing 12-Months
Asset Growth
8.11%
Trailing 12-Months
Company Description
Hydro One Limited
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.4 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, with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47.4% common equity stake.
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H Stock 12 Month Forecast
Average Price Target
C$44.60
▼(-2.24% Downside)
Technical Analysis
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