Desjardins Issues Positive Forecast for Hydro One Earnings

Hydro One Limited (TSE:H) – Stock analysts at Desjardins boosted their Q3 2025 EPS estimates for shares of Hydro One in a report released on Tuesday, October 21st. Desjardins analyst B. Stadler now anticipates that the company will post earnings of $0.68 per share for the quarter, up from their previous estimate of $0.65. 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 $0.35 EPS and FY2025 earnings at $2.17 EPS.

Several other analysts have also weighed in on the stock. Raymond James Financial lifted their target price on shares of Hydro One from C$48.00 to C$49.00 and gave the company a “market perform” rating in a research report on Thursday, August 14th. CIBC lifted their price target on shares of Hydro One from C$52.00 to C$54.00 in a report on Tuesday. TD Securities lifted their price target on shares of Hydro One from C$52.00 to C$54.00 and gave the company a “hold” rating in a report on Thursday, August 14th. Finally, National Bankshares lifted their price target on shares of Hydro One from C$47.00 to C$48.00 and gave the company a “sector perform” rating in a report on Thursday, August 14th. One research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Hydro One presently has a consensus rating of “Hold” and an average target price of C$51.30.

Hydro One Price Performance

Shares of Hydro One stock opened at C$52.71 on Thursday. The company has a debt-to-equity ratio of 140.53, a quick ratio of 0.30 and a current ratio of 0.58. The firm’s 50-day simple moving average is C$50.12 and its 200-day simple moving average is C$49.90. Hydro One has a twelve month low of C$42.52 and a twelve month high of C$53.98. The firm has a market cap of C$31.61 billion, a P/E ratio of 25.22, a price-to-earnings-growth ratio of 3.17 and a beta of 0.30.

Hydro One Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 29th were paid a $0.3331 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.5%. Hydro One’s payout ratio is currently 61.04%.

About Hydro One

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.