Hydro One Limited (TSE:H)
TSX:H
Want to see TSE:H full AI Analyst Report?
H Stock Chart & Stats
C$58.30
-C$0.18(-0.41%)
At close: 4:00 PM EST
C$58.30
-C$0.18(-0.41%)
Day’s Range― - ―
52-Week RangeC$47.54 - C$60.46
Previous CloseN/A
Volume112.39K
Average Volume (3M)1.16M
Market Cap
C$34.55B
Enterprise ValueC$53.67B
Total Cash (Recent Filing)C$37.00M
Total Debt (Recent Filing)C$19.16B
Price to Earnings (P/E)22.0
Beta0.20
Next Earnings
Aug 19, 2026EPS Estimate
0.55Next Dividend Ex-DateN/A
Dividend Yield2.43%
Share Statistics
EPS (TTM)2.29
Shares Outstanding599,781,800
10 Day Avg. Volume877,316
30 Day Avg. Volume1,163,016
Financial Highlights & Ratios
PEG Ratio1.57
Price to Book (P/B)2.59
Price to Sales (P/S)3.62
P/FCF Ratio-119.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$58.83Price Target Upside0.91% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)2.29
Revenue Forecast (FY)C$9.27B
Bulls Say, Bears Say
Bulls Say
Regulated Revenue ModelHydro One's earnings derive from regulator-set transmission and distribution rates tied to a growing rate base, providing persistent, contract-like cash flows. This business model yields predictable revenue recovery for allowed costs and returns, supporting multi-year planning and capital investment.
Visible Transmission Growth PipelineA deep transmission backlog (15 lines under development) plus major project assignments gives multi-year visibility into rate-base additions. As these high-voltage assets are placed in service, they expand the regulated asset base and underpin durable earnings and allowed returns over successive regulatory periods.
Steady Revenue And Improving MarginsHydro One has delivered steady top-line growth and improved net margins, reflecting operational scale and cost control. Consistent revenue expansion and margin resilience support sustainable operating cash generation and reinforce management's ability to fund ongoing capital programs while maintaining service reliability.
Bears Say
Elevated LeverageMeaningful leverage is typical for utilities but Hydro One's higher debt load increases sensitivity to rising rates and raises financing risk for continued capital programs. Elevated leverage can constrain flexibility, amplify interest expense variability, and make long-term financing costs a critical watch item for credit metrics.
Negative/volatile Free Cash FlowRecent negative and volatile free cash flow indicates capex timing and high investment intensity are consuming operating cash. If sustained, this increases reliance on debt or external financing for the capital plan, elevating refinancing and interest-rate risk and pressuring cash available for discretionary uses.
Regulatory Recovery UncertaintyRegulatory disallowance of storm costs highlights structural regulatory risk: recovery of extraordinary expenditures is not guaranteed. Precedent and OEB positions can materially affect cash flow timing and rate-base recovery, adding persistent uncertainty to earnings visibility and capital recovery plans.
Hydro One News
H FAQ
What was Hydro One Limited’s price range in the past 12 months?
Hydro One Limited lowest stock price was C$47.54 and its highest was C$60.46 in the past 12 months.
What is Hydro One Limited’s market cap?
Hydro One Limited’s market cap is C$34.55B.
When is Hydro One Limited’s upcoming earnings report date?
Hydro One Limited’s upcoming earnings report date is Aug 19, 2026 which is in 94 days.
How were Hydro One Limited’s earnings last quarter?
Hydro One Limited released its earnings results on May 13, 2026. The company reported C$0.65 earnings per share for the quarter, beating the consensus estimate of C$0.642 by C$0.008.
Is Hydro One Limited overvalued?
According to Wall Street analysts Hydro One Limited’s price is currently Undervalued.
Does Hydro One Limited pay dividends?
Hydro One Limited pays a Quarterly dividend of C$0.333 which represents an annual dividend yield of 2.43%. See more information on Hydro One Limited dividends here
What is Hydro One Limited’s EPS estimate?
Hydro One Limited’s EPS estimate is 0.55.
How many shares outstanding does Hydro One Limited have?
Hydro One Limited has 599,781,800 shares outstanding.
What happened to Hydro One Limited’s price movement after its last earnings report?
Hydro One Limited reported an EPS of C$0.65 in its last earnings report, beating expectations of C$0.642. Following the earnings report the stock price went down -0.642%.
Which hedge fund is a major shareholder of Hydro One Limited?
Currently, no hedge funds are holding shares in TSE:H
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Hydro One Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
C$58.83 (0.91% Upside)
C$58.83 (0.91% Upside)
Insider Transactions
Bought Shares
Worth C$17.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 6.2%
Last 30 Days ▲ 5.5%
Last 30 Days ▲ 5.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.82%
12-Months-Change
Fundamentals
Return on Equity
10.87%
Trailing 12-Months
Asset Growth
7.08%
Trailing 12-Months
Company Description
Hydro One Limited
Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission Business, Distribution Business, and Other. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and 125,000 circuit kilometers of primary low-voltage distribution network. It serves approximately 1.5 million residential, small business, commercial, and industrial customers. The company also provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. Hydro One Limited was incorporated in 2015 and is headquartered in Toronto, Canada.
H Stock 12 Month Forecast
Average Price Target
C$58.83
▲(0.91% Upside)
Technical Analysis
Options Prices
Currently, No data available
---