What is Desjardins’ Forecast for Hydro One Q1 Earnings?

Hydro One Limited (TSE:H) – Desjardins issued their Q1 2025 earnings per share (EPS) estimates for Hydro One in a research note issued on Monday, May 5th. Desjardins analyst B. Stadler forecasts that the company will post earnings of $0.56 per share for the quarter. 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 Q2 2025 earnings at $0.49 EPS, Q3 2025 earnings at $0.58 EPS and Q4 2025 earnings at $0.43 EPS.

H has been the subject of several other research reports. Jefferies Financial Group boosted their price objective on shares of Hydro One from C$45.00 to C$49.00 and gave the stock a “hold” rating in a research report on Tuesday, April 15th. Royal Bank of Canada boosted their price target on shares of Hydro One from C$46.00 to C$53.00 in a research report on Friday. CIBC upped their price objective on shares of Hydro One from C$46.00 to C$49.00 in a research note on Friday, April 4th. Scotiabank lifted their target price on Hydro One from C$45.00 to C$46.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. Finally, BMO Capital Markets upped their target price on Hydro One from C$46.00 to C$50.00 and gave the company a “market perform” rating in a research report on Friday. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of C$49.67.

Hydro One Price Performance

Shares of TSE H opened at C$51.05 on Thursday. The stock’s 50-day simple moving average is C$49.59 and its 200-day simple moving average is C$46.48. The firm has a market capitalization of C$30.61 billion, a PE ratio of 26.92, a price-to-earnings-growth ratio of 3.17 and a beta of 0.34. Hydro One has a fifty-two week low of C$38.24 and a fifty-two week high of C$53.98. The company has a debt-to-equity ratio of 140.53, a quick ratio of 0.30 and a current ratio of 0.58.

Hydro One Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were issued a dividend of $0.3142 per share. The ex-dividend date was Wednesday, March 12th. This is an increase from Hydro One’s previous quarterly dividend of $0.31. This represents a $1.26 annualized dividend and a dividend yield of 2.46%. Hydro One’s dividend payout ratio (DPR) 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.