S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
TSE:H

Hydro One (H) Stock Price, News & Analysis

C$39.50
-0.10 (-0.25%)
(As of 03/28/2024 ET)
Today's Range
C$39.02
C$39.69
50-Day Range
C$38.88
C$41.64
52-Week Range
C$32.79
C$41.69
Volume
1.41 million shs
Average Volume
898,539 shs
Market Capitalization
C$23.66 billion
P/E Ratio
21.82
Dividend Yield
3.01%
Price Target
C$39.89

Hydro One MarketRank™ Stock Analysis

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
1.0% Upside
C$39.89 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.29mentions of Hydro One in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.17 out of 5 stars

H stock logo

About Hydro One Stock (TSE:H)

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.

H Stock Price History

H Stock News Headlines

Your Money is Not Safe
Biden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…
Norsk Hydro picks Kallevik as new CEO
Your Money is Not Safe
Biden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…
Hydro One Ltd's Dividend Analysis
Is Hydro One Stock a Buy After its Q4 Earnings Event?
Hydro One Limited: Hydro One Reports Fourth Quarter Results
See More Headlines
Receive H Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Hydro One and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/13/2024
Ex-Dividend for 3/28 Dividend
3/12/2024
Dividend Payable
3/28/2024
Today
3/29/2024
Next Earnings (Estimated)
5/03/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Regulated Electric
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7,044
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$39.89
High Stock Price Target
C$42.00
Low Stock Price Target
C$38.00
Potential Upside/Downside
+1.0%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
C$1.08 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$7.84 billion
Cash Flow
C$0.04 per share
Book Value
C$19.50 per share

Miscellaneous

Free Float
N/A
Market Cap
C$23.66 billion
Optionable
Not Optionable
Beta
0.31
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

  • Mr. David Lebeter (Age 64)
    President, CEO & Director
    Comp: $1.15M
  • Mr. Christopher Felix Lopez (Age 48)
    Executive VP, Chief Financial & Regulatory Officer
    Comp: $1.17M
  • Ms. Megan Telford (Age 49)
    Executive Vice President of Strategy, Energy Transition & HR
    Comp: $1.01M
  • Ms. Teri French (Age 55)
    Executive VP of Safety, Operations & Customer Experience
  • Mr. Omar Javed
    Vice President of Investor Relations
  • Mr. Joseph Agostino
    Chief Compliance Officer, Senior VP & General Counsel
  • Jay Armitage
    Vice President of Marketing and Communications
  • Mr. Andrew Spencer (Age 43)
    Executive Vice President of Capital Portfolio Delivery
  • Ms. Maureen Wareham
    Corporate Secretary

Should I Buy Hydro One Stock? H Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Hydro One Limited:

  • Hydro One Limited operates as an electricity transmission and distribution company in Ontario, providing essential services in a regulated industry, ensuring stable revenue streams.
  • The company owns and operates a significant network of high-voltage transmission lines and primary low-voltage distribution lines, indicating a strong infrastructure backbone.
  • Hydro One Limited serves a diverse customer base, including residential, small business, commercial, industrial customers, and municipal utilities, showcasing a broad market reach.
  • Recent developments show positive growth potential in the company's telecommunications support services, indicating diversification and potential for increased revenue streams.
  • Investors may find Hydro One Limited's current stock price attractive, offering a potentially favorable entry point for investment.

Cons

Investors should be bearish about investing in Hydro One Limited for these reasons:

  • Regulatory changes in the utilities sector could impact Hydro One Limited's operations and profitability, leading to uncertainties in future earnings.
  • As a company operating in a regulated industry, Hydro One Limited may face limitations on pricing flexibility, affecting potential revenue growth.
  • Market competition in the electricity transmission and distribution sector could pose challenges for Hydro One Limited in maintaining market share and profitability.
  • Dependency on the stability of the energy sector and overall economic conditions may expose Hydro One Limited to external risks beyond its control.
  • Fluctuations in interest rates or energy prices could impact the company's financial performance and investor returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, March 27, 2024. Please send any questions or comments about these Hydro One pros and cons to contact@marketbeat.com.

H Stock Analysis - Frequently Asked Questions

Should I buy or sell Hydro One stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hydro One in the last year. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" H shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in H, but not buy additional shares or sell existing shares.
View H analyst ratings
or view top-rated stocks.

What is Hydro One's stock price target for 2024?

9 equities research analysts have issued 1 year price objectives for Hydro One's stock. Their H share price targets range from C$38.00 to C$42.00. On average, they expect the company's share price to reach C$39.89 in the next year. This suggests a possible upside of 1.0% from the stock's current price.
View analysts price targets for H
or view top-rated stocks among Wall Street analysts.

How have H shares performed in 2024?

Hydro One's stock was trading at C$39.70 at the beginning of the year. Since then, H stock has decreased by 0.5% and is now trading at C$39.50.
View the best growth stocks for 2024 here
.

When is Hydro One's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our H earnings forecast
.

How were Hydro One's earnings last quarter?

Hydro One Limited (TSE:H) issued its earnings results on Tuesday, February, 13th. The company reported $0.30 earnings per share for the quarter, hitting the consensus estimate of $0.30. The firm earned $1.98 billion during the quarter. Hydro One had a trailing twelve-month return on equity of 9.45% and a net margin of 13.83%.

How often does Hydro One pay dividends? What is the dividend yield for Hydro One?

Hydro One announced a quarterly dividend on Tuesday, March 12th. Shareholders of record on Thursday, March 28th will be paid a dividend of 0.296 per share on Thursday, March 28th. This represents a $1.18 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend is Tuesday, March 12th.
Read our dividend analysis for H
.

Is Hydro One a good dividend stock?

Hydro One (TSE:H) pays an annual dividend of C$1.19 per share and currently has a dividend yield of 2.98%. The dividend payout ratio is 65.75%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for H.

What other stocks do shareholders of Hydro One own?
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.
Compare Top Brokerages Here.

This page (TSE:H) was last updated on 3/29/2024 by MarketBeat.com Staff

From Our Partners