View Future GrowthHydro One 過去の業績過去 基準チェック /56Hydro Oneは、平均年間3%の収益成長を遂げていますが、 Electric Utilities業界の収益は、年間 成長しています。収益は、平均年間6.2% 4.9%収益成長率で 成長しています。 Hydro Oneの自己資本利益率は10.7%であり、純利益率は14.8%です。主要情報3.02%収益成長率2.94%EPS成長率Electric Utilities 業界の成長7.32%収益成長率4.87%株主資本利益率10.66%ネット・マージン14.78%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 14First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: CA$0.65 (up from CA$0.60 in 1Q 2025). Revenue: CA$2.65b (up 10.0% from 1Q 2025). Net income: CA$391.0m (up 9.2% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.6%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.お知らせ • Apr 14Hydro One Limited to Report Q1, 2026 Results on May 13, 2026Hydro One Limited announced that they will report Q1, 2026 results Pre-Market on May 13, 2026Reported Earnings • Feb 15Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CA$2.23 (up from CA$1.93 in FY 2024). Revenue: CA$9.04b (up 6.6% from FY 2024). Net income: CA$1.34b (up 16% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 13Hydro One Limited to Report Q4, 2025 Results on Feb 13, 2026Hydro One Limited announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 13, 2026Reported Earnings • Nov 14Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CA$0.70 (up from CA$0.62 in 3Q 2024). Revenue: CA$2.30b (up 4.9% from 3Q 2024). Net income: CA$421.0m (up 14% from 3Q 2024). Profit margin: 18% (up from 17% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 11Hydro One Limited to Report Q3, 2025 Results on Nov 13, 2025Hydro One Limited announced that they will report Q3, 2025 results Pre-Market on Nov 13, 2025すべての更新を表示Recent updatesナラティブの更新 • May 19H: Clustered C$58 Views And CEO Transition Will Shape A Measured OutlookAnalysts have raised the Hydro One price target to CA$58, an increase from the previous range of CA$53 to CA$57 cited in recent research. This revision reflects updated views on fair value, discount rates and profitability assumptions.Declared Dividend • May 17First quarter dividend of CA$0.35 announcedShareholders will receive a dividend of CA$0.35. Ex-date: 10th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.3%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.ライブニュース • May 15Hydro One Delivers Q1 Earnings Beat and Announces CEO Retirement With Major Projects AheadHydro One reported Q1 2026 net income up 9.2%, with earnings per share at $0.65 versus $0.60 a year earlier, and results ahead of revenue expectations. The company declared a quarterly cash dividend payable on June 30, 2026, designated as an eligible dividend for Canadian taxpayers. CEO David Leviter plans to retire effective June 9, 2026, with COO Megan Telford set to become President and CEO. Leviter will stay on as Special Advisor until October 10, 2026, as the company advances major Ontario transmission projects including the Greenstone, Sudbury to Barrie, and Red Lake lines. The combination of earnings growth, ongoing dividend payments, and major transmission contracts reinforces Hydro One’s role as a key regulated utility player in Ontario’s power grid build-out. Investors may want to watch the upcoming CEO transition and execution on large infrastructure projects, as leadership changes and project delivery can affect risk, capital needs, and future regulatory decisions.お知らせ • May 15Hydro One Limited Declares Quarterly Common Share Dividend, Payable on June 30, 2026Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend of CAD 0.3531 per share to common shareholders to be paid on June 30, 2026 to shareholders of record on June 10, 2026.Reported Earnings • May 14First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: CA$0.65 (up from CA$0.60 in 1Q 2025). Revenue: CA$2.65b (up 10.0% from 1Q 2025). Net income: CA$391.0m (up 9.2% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.6%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.ナラティブの更新 • May 04H: Tight Price Range And Planned CEO Shift Will Guide A Steady OutlookHydro One's updated fair value has moved slightly higher, with analysts nudging their average price target up by about CA$1. This adjustment is supported by a series of recent target increases from major banks that reflect steady assumptions for growth, margins, and future P/E.ナラティブの更新 • Apr 19H: Tight Pricing Band And CEO Transition Will Shape A Steady OutlookHydro One's analyst fair value estimate has edged up from CA$55.53 to CA$56.00, reflecting analysts' slightly higher price targets in the CA$55 to CA$58 range and their broadly steady views on the company's earnings profile and P/E assumptions. Analyst Commentary Recent research points to a cluster of price targets in the CA$55 to CA$58 range.お知らせ • Apr 14Hydro One Limited to Report Q1, 2026 Results on May 13, 2026Hydro One Limited announced that they will report Q1, 2026 results Pre-Market on May 13, 2026お知らせ • Apr 07Hydro One Limited, Annual General Meeting, Jun 09, 2026Hydro One Limited, Annual General Meeting, Jun 09, 2026.ナラティブの更新 • Apr 04H: Incremental Repricing And Leadership Transition Will Shape A Steady Forward OutlookHydro One's analyst price target has been revised slightly higher from about CA$54.79 to CA$55.53, reflecting analysts' updated view after a series of recent price target increases across major firms. Analyst Commentary Recent Street research on Hydro One has centered on modestly higher price targets and generally neutral stock ratings, which together suggest a balanced view of upside potential and execution risk.ナラティブの更新 • Mar 21H: Stable Outlook And Recent Commentary Will Shape Measured Repricing ExpectationsHydro One's analyst fair value estimate has shifted from CA$53.68 to CA$54.79. This change reflects a series of recent price target increases from analysts who point to updated revenue and earnings assumptions while generally maintaining mid range ratings on the stock.ナラティブの更新 • Mar 06H: Stable Outlook And Higher P E Assumptions Will Shape Modest Repricing PotentialOur updated fair value estimate for Hydro One edges up by about CA$0.50 per share, reflecting a modest adjustment in projected growth assumptions as analysts lift their price targets into the CA$55 to CA$58 range while largely maintaining neutral to hold style ratings. Analyst Commentary Recent Street research on Hydro One points to a fairly clustered set of views, with several firms lifting their price targets into the mid CA$50s while keeping neutral style ratings.Upcoming Dividend • Mar 04Upcoming dividend of CA$0.33 per shareEligible shareholders must have bought the stock before 11 March 2026. Payment date: 31 March 2026. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Canadian dividend payers (5.4%). Lower than average of industry peers (2.6%).お知らせ • Feb 27+ 1 more updateHydro One Limited Appoints Executive Changes, Effective June 9, 2026Hydro One Limited announced that David Lebeter will retire from his role as President, effective June 9, 2026, and will remain as a special advisor with the company until October 10, 2026. The Board also announced that they have appointed Megan Telford, Hydro One's Chief Operating Officer, as President effective June 9, 2026. Megan Telford is the incoming President and CEO of Hydro One. She is currently Hydro One's Chief Operating Officer, responsible for Safety, Operations, Customer Experience, Capital Portfolio Delivery, Strategy, Growth, System Planning and Hydro One Remote Communities Inc. Ms. Telford's previous executive leadership roles at Hydro One included responsibility for Health, Safety and Environment, System Planning, Human Resources, Labour Relations, Indigenous Relations, Corporate Affairs and Customer Care. Before joining Hydro One in 2020, Ms. Telford held a number of increasingly senior roles at TD Bank from 2007 to 2020. Prior to TD, Ms. Telford practiced labour and employment law at a national law firm and worked at the Permanent Court of Arbitration in The Hague. Ms. Telford currently serves on the Board of Directors for Export Development Canada and the Electricity Distributors Association. Ms. Telford holds an Honours Bachelor of Arts in Industrial Relations from McMaster University, a Master of Industrial Relations and Juris Doctor from Queen's University and she was a law clerk for Justice A. Stone and Justice B. Strayer at the Federal Court of Appeal. She holds her ICD.D from the Institute of Corporate Directors.お知らせ • Feb 20Hydro One Limited Announces Directorate ChangesHydro One Limited announced that the Government of Ontario's nominee Deb Hutton has been appointed to the company's Board of Directors, effective February 19, 2026. Deb Hutton is a communications professional with nearly three decades of experience guiding organizations through complex communications challenges and leading high performing teams across both the public and private sectors. She began her career in politics, advising candidates, elected officials, and leaders—experience that gives her deep insight into public expectations and government relations. Ms. Hutton is dedicated to community service and has contributed her time and leadership to a variety of Boards including Metrolinx, York University Board of Governors, the JaysCare Foundation, Niagara Peninsula Children's Centre and the Speech and Stuttering Institute. Deb Hutton will fill the board vacancy created when Cherie Brant did not stand for re-election at the company's 2025 annual general meeting of shareholders.ナラティブの更新 • Feb 19H: Stable Outlook And Higher P E Assumptions Will Guide Measured Repricing PotentialAnalysts have nudged our Hydro One fair value estimate higher to CA$53.18 from CA$52.07, reflecting recent upward revisions to Street price targets in the CA$55 to CA$58 range and updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research centers on a cluster of higher price targets in the CA$55 to CA$58 range, which sit modestly above our updated fair value estimate of CA$53.18.Declared Dividend • Feb 17Fourth quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 11th March 2026 Payment date: 31st March 2026 Dividend yield will be 2.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 15Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CA$2.23 (up from CA$1.93 in FY 2024). Revenue: CA$9.04b (up 6.6% from FY 2024). Net income: CA$1.34b (up 16% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 13Hydro One Limited Declares Quarterly Common Share Dividend, Payable on March 31, 2026Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend of $0.3331 per share to common shareholders to be paid on March 31, 2026 to shareholders of record on March 11, 2026.ナラティブの更新 • Feb 04H: Stable Outlook And Labour Negotiations Will Shape Measured Repricing PotentialHydro One’s updated analyst price target ticks slightly lower to about C$52.07 from C$52.21. Analysts outline higher revenue growth assumptions, modestly softer profit margins and a small adjustment to future P/E expectations, with recent Street targets ranging from C$52 to C$57.ナラティブの更新 • Jan 21H: Stable Returns And EPS Outlook Will Support Measured Repricing PotentialNarrative update on Hydro One The analyst price target for Hydro One has been revised modestly higher, supported by recent Street updates that lifted targets to C$57 and C$52 as analysts factor in small adjustments to fair value, discount rate, profit margin assumptions and future P/E. Analyst Commentary Recent Street updates on Hydro One point to a slightly higher view of fair value, with price targets clustered in the low to mid C$50s and ratings maintained at neutral levels.お知らせ • Jan 13Hydro One Limited to Report Q4, 2025 Results on Feb 13, 2026Hydro One Limited announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 13, 2026ナラティブの更新 • Jan 06H: Regulated Returns And EPS Outlook Will Support Defensive PositioningAnalysts have nudged their average price target on Hydro One higher into the low C$50s, reflecting updated sector views that emphasize the role of regulated utilities as a defensive hedge, alongside expectations for generally solid loads and new rates. Analyst Commentary Recent Street research has clustered around higher fair value estimates for Hydro One, with several firms lifting their price targets into a C$52 to C$57 range while maintaining mid tier ratings such as Market Perform, Sector Perform and Neutral.分析記事 • Dec 29Hydro One (TSE:H) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...ナラティブの更新 • Dec 23H: Updated Earnings Outlook And Regulated Returns Will Support Defensive ExposureHydro One's analyst-derived fair value has edged higher to approximately C$52.14 from about C$51.57, as analysts modestly increase their price targets based on stable regulated returns, slightly improved profit margin expectations, and supportive sector dynamics. Analyst Commentary Recent target price increases reflect a generally constructive view on Hydro One, driven by the stability of its regulated business model and modest upgrades to earnings expectations.分析記事 • Dec 11With EPS Growth And More, Hydro One (TSE:H) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...ナラティブの更新 • Dec 09H: Updated Earnings Outlook And Stable Loads Will Support Defensive ExposureAnalysts have nudged their average price target for Hydro One modestly higher, with recent increases to approximately C$52 to C$57. This reflects confidence in stable regulated earnings and new rate structures amid a more volatile broader power market.Upcoming Dividend • Dec 03Upcoming dividend of CA$0.33 per shareEligible shareholders must have bought the stock before 10 December 2025. Payment date: 31 December 2025. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (5.9%). Lower than average of industry peers (2.8%).ナラティブの更新 • Nov 25H: Updated Price Objective And Stable Loads Will Support Defensive ExposureHydro One's analyst price target has been raised, with updated valuations increasing from approximately C$50.21 to C$51.57. Analysts cite stronger revenue growth forecasts and a slight improvement in profit margins as reasons for the upgrade.Declared Dividend • Nov 16Third quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 10th December 2025 Payment date: 31st December 2025 Dividend yield will be 2.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 14Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CA$0.70 (up from CA$0.62 in 3Q 2024). Revenue: CA$2.30b (up 4.9% from 3Q 2024). Net income: CA$421.0m (up 14% from 3Q 2024). Profit margin: 18% (up from 17% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 14Hydro One Limited Provides Earnings Guidance for the Year 2027Hydro One Limited provided earnings guidance for the year 2027. For the year, the company expects earnings per share to grow between 6% and 8% annually through 2027, using the normalized 2022 EPS of $1.61 as a base.お知らせ • Nov 13Hydro One Limited Declares Quarterly Common Share Dividend, Payable on December 31, 2025Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of CAD 0.3331 per share to be paid on December 31, 2025 to shareholders of record on December 10, 2025.ナラティブの更新 • Nov 07H: Defensive Exposure And Stable Returns Will Remain Key Amid VolatilityAnalyst price targets for Hydro One have been raised, with the consensus moving up by up to C$2 per share. Analysts cite solid Q3 results, resilient regulated utility performance, and the appeal of defensive exposure amid increased market volatility.ナラティブの更新 • Oct 24Electricity Demand Trends Will Strengthen Stability Amid Shifting Market DynamicsAnalysts have modestly increased their fair value estimate for Hydro One following a C$2 price target uptick. The outlook is supported by solid Q3 performance expectations and the stability of regulated utilities in a volatile market environment.お知らせ • Oct 11Hydro One Limited to Report Q3, 2025 Results on Nov 13, 2025Hydro One Limited announced that they will report Q3, 2025 results Pre-Market on Nov 13, 2025分析記事 • Sep 09Is Hydro One (TSE:H) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...ナラティブの更新 • Sep 04Ontario Grid Modernization Will Unlock 70% Electricity Demand PotentialAnalysts view Hydro One's earnings visibility and strong financial position as supportive, but premium valuation concerns relative to peers have led most to see the stock as fairly valued, with the consensus price target unchanged at CA$49.68. Analyst Commentary Bullish analysts cite Hydro One's 100% electric utility weighting as a key differentiator supporting premium valuation.Upcoming Dividend • Sep 03Upcoming dividend of CA$0.33 per shareEligible shareholders must have bought the stock before 10 September 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Canadian dividend payers (6.0%). In line with average of industry peers (3.0%).Board Change • Sep 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Mike Rencheck was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Aug 16+ 1 more updateHydro One Limited Announces Executive ChangesHydro One Limited (Hydro One) announced that David Lebeter, President will take a temporary compassionate care leave, effective August 25, 2025, to care for a family member. Mr. Lebeter will continue to support the company on an advisory basis until his return. The Board of Directors has appointed Harry Taylor as Interim President. Mr. Taylor will also continue to serve as EVP, Chief Financial and Regulatory Officer. Harry Taylor joined the organization in 2024 as Executive Vice President, Chief Financial and Regulatory Officer. Mr. Taylor is a seasoned executive, who has driven profitable growth and strengthened financial capabilities across several top-tier organizations. Following an extensive search, the Board has also appointed Michael W. Rencheck to the company's Board of Directors effective August 14, 2025. Mr. Rencheck has more than four decades of experience as a trusted leader and advisor with a strong track record of driving operational excellence, strategic growth, governance and financial performance in the energy industry. Harry Taylor is the Executive Vice President, Chief Financial and Regulatory Officer of Hydro One. Mr. Taylor oversees the legal, corporate finance, and regulatory functions, including treasury and tax, internal audit, risk management, pensions, investor relations and shared services such as supply chain. Before joining Hydro One in 2024, Mr. Taylor held the position of Chief Financial Officer, and briefly, interim Chief Executive Officer of WestJet Airlines until December 2022. Mr. Taylor is an engaging and inspirational leader who has driven profitable growth and built financial acumen across organizations. Prior to his time at WestJet, Mr. Taylor was Chief Financial Officer, senior finance leader or division president in Canada and the United States for Canadian Tire Corporation, Holt Renfrew Limited, The Home Depot and PepsiCo/Frito-Lay. Michael W. Rencheck is an experienced executive and leader in nuclear energy generation. He most recently served as President and Chief Executive Officer of Bruce Power. Prior to joining Bruce Power in 2016, he served as the Deputy Chief Operating Officer for AREVA Group, overseeing its extensive global portfolio of nuclear and renewable projects. Prior to this, he served as President and Chief Executive Officer of AREVA Inc. in North America, leading its diverse nuclear manufacturing and services business in Canada and the United States with a workforce of approximately 5,000 people. He has been recognized by the National Safety Council for his leadership in demonstrating a personal commitment to worker safety and health and was designated by the US Department of Energy as a STEM ambassador. He has been widely recognized for his executive and leadership roles, including being named CEO of the Year in 2020 by the Ontario Chamber of Commerce, Leader of the Year in 2022 by Electricity Human Resources Canada, and Trail Blazer in 2025 by the US Nuclear Industry Council. Mr. Rencheck is a Professional Engineer and certified senior reactor operator. He has also served on the Board of Directors of numerous organizations including the Electric Power Research Institute and is active in the communities of Bruce, Grey and Huron Counties.Declared Dividend • Aug 15Second quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 10th September 2025 Payment date: 29th September 2025 Dividend yield will be 2.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 14Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: CA$0.55 (up from CA$0.49 in 2Q 2024). Revenue: CA$2.07b (up 1.7% from 2Q 2024). Net income: CA$327.0m (up 12% from 2Q 2024). Profit margin: 16% (up from 14% in 2Q 2024). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 3.1%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 12% per year.お知らせ • Aug 14Hydro One Limited announces Quarterly dividend, payable on September 29, 2025Hydro One Limited announced Quarterly dividend of CAD 0.3331 per share payable on September 29, 2025, ex-date on September 10, 2025 and record date on September 10, 2025.分析記事 • Aug 01Returns On Capital At Hydro One (TSE:H) Have StalledIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Jul 14If EPS Growth Is Important To You, Hydro One (TSE:H) Presents An OpportunityFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...お知らせ • Jul 12Hydro One Limited to Report Q2, 2025 Results on Aug 13, 2025Hydro One Limited announced that they will report Q2, 2025 results Pre-Market on Aug 13, 2025分析記事 • Jun 26Hydro One Limited (TSE:H) Investors Are Less Pessimistic Than ExpectedWith a price-to-earnings (or "P/E") ratio of 23.9x Hydro One Limited ( TSE:H ) may be sending very bearish signals at...分析記事 • Jun 10Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331The board of Hydro One Limited ( TSE:H ) has announced that it will be paying its dividend of CA$0.3331 on the 30th of...お知らせ • Jun 06Hydro One Limited Announces Board ChangesHydro One Limited announced that Melissa Sonberg has been appointed as the new Chair of the Board, effective June 4, 2025. Ms. Sonberg joined the Board of Directors on August 14, 2018. She replaces Timothy Hodgson, who resigned as Chair of the Board of Directors on April 28, 2025, following an unpaid leave of absence to run for political office. Susan Wolburgh Jenah served as Interim Chair of the Board from March 24, 2025, to June 4, 2025, and has continued to serve as Chair of the Governance and Regulatory Committee. Melissa Sonberg is a corporate director and Chair of the Board of Hydro One Limited. Ms. Sonberg was most recently a Professor of Practice at McGill University's Desautels Faculty of Management, where she was a faculty member from 2014 to 2024. She spent the early part of her career in the healthcare industry before joining Air Canada, where she held leadership positions in a range of customer-facing, operational, and corporate functions. Ms. Sonberg was part of the founding executive team of Aeroplan, which became part of AIMIA Inc. She held positions of Senior Vice President, Human Resources & Corporate Affairs, and Senior Vice President, Global Brands, Communications, and External Affairs at AIMIA from 2001 to 2013. Ms. Sonberg sits on the boards of Exchange Income Corporation (TSX), Athennian, Enghouse Systems Inc. (TSX), Canada Post Corporation, and the Canadian Foundation for Governance Research. She holds a Bachelor of Science (Psychology) from McGill University, a Master of Health Administration from the University of Ottawa, and holds her ICD.D. She is a Certified Human Resource Executive (CHRE).Upcoming Dividend • Jun 04Upcoming dividend of CA$0.33 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (6.2%). Lower than average of industry peers (3.0%).分析記事 • May 27Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331Hydro One Limited ( TSE:H ) will increase its dividend from last year's comparable payment on the 30th of June to...Board Change • May 18High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Brian Vaasjo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • May 15Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to CA$49.70. The fair value is estimated to be CA$41.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 5.6%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period.Declared Dividend • May 12First quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 11th June 2025 Payment date: 30th June 2025 Dividend yield will be 2.6%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.4% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 09First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: CA$0.60 (up from CA$0.49 in 1Q 2024). Revenue: CA$2.41b (up 11% from 1Q 2024). Net income: CA$358.0m (up 22% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 08Hydro One Limited Declares Quarterly Cash Dividend, Payable on June 30, 2025Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of $0.3331 per share to be paid on June 30, 2025 to shareholders of record on June 11, 2025.お知らせ • May 02Tim Hodgson Resigns as Chair of the Board of Directors of Hydro One LimitedHydro One Limited announced that Tim Hodgson has resigned from his position as Chair of the Board of Directors after successfully running in the federal election, during which time he was on an unpaid leave of absence. The Board of Directors has launched a process to select a new Chair. In the interim, Susan Wolburgh Jenah will continue to serve as Interim Chair of the Board and as Chair of the Governance and Regulatory Committee.お知らせ • Apr 05Hydro One Limited to Report Q1, 2025 Results on May 08, 2025Hydro One Limited announced that they will report Q1, 2025 results Pre-Market on May 08, 2025お知らせ • Apr 04Hydro One Limited, Annual General Meeting, Jun 24, 2025Hydro One Limited, Annual General Meeting, Jun 24, 2025. Location: ontario, toronto CanadaBuy Or Sell Opportunity • Apr 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to CA$50.36. The fair value is estimated to be CA$41.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 5.1%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.お知らせ • Mar 26Hydro One Limited Announces Susan Wolburgh Jenah as Interim Chair of the Board of DirectorsHydro One Limited announced that Susan Wolburgh Jenah was selected by the Board of Directors to serve as Interim Chair of the Board. The current Chair, Timothy Hodgson, has taken an unpaid leave of absence to run in the federal election for the Liberal Party of Canada. Susan Wolburgh Jenah joined the Board of Directors on January 1, 2020 and serves as the Governance and Regulatory Committee Chair, and as a member of the Indigenous, Peoples, Safety and Operations Committee. Susan Wolburgh Jenah is a corporate director with four decades of experience as a senior regulator, chief executive officer, lawyer and director. Throughout her career, she has served on numerous corporate, Crown corporation and not–for–profit boards and expert advisory committees. Ms. Wolburgh Jenah currently serves on the board of Aecon Group Inc. (TSX) and is Chair of the Corporate Governance, Nominating and Compensation Committee. She recently served as Vice–Chair of Humber River Hospital and as a member of the Independent Review Committee of Vanguard Investments Canada. Prior directorships include serving as a Public Governor of the U.S. Financial Industry Regulatory Authority, as Chair of the NEO Exchange, and as a director of Laurentian Bank of Canada, Aequitas Innovations, The Global Risk Institute, the Investment Industry Regulatory Organization of Canada (IIROC), and the Institute of Corporate Directors. Ms. Wolburgh Jenah was the founding President and CEO of IIROC and held numerous executive roles at the Ontario Securities Commission, including Vice–Chair, Acting Chair, General Counsel and Head of International Affairs. Ms. Wolburgh Jenah holds a Bachelor of Arts from the University of Toronto and a Juris Doctor from Osgoode Hall Law School. She is also a member of the C.D. Howe National Advisory Council and served as Mentor to the Catalyst Women on Board Program. She is a prior Fellow and Adjunct Professor at Osgoode Hall Law School and recipient of the Osgoode Hall Gold Key for Achievement in 2011. Ms. Wolburgh Jenah holds her ICD.D.Declared Dividend • Feb 24Fourth quarter dividend of CA$0.31 announcedShareholders will receive a dividend of CA$0.31. Ex-date: 12th March 2025 Payment date: 31st March 2025 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.6% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 23Hydro One Limited Revises Earnings Guidance for the Year 2027Hydro One Limited revised earnings guidance for the year 2027. For the period, company revised its expected EPS guidance range for 2027 to $2.15 to $2.37 (compared to the Company’s previous expectations for EPS for 2027 of $2.05 to $2.26). This range translates to an annualized growth rate of 6% to 8%, for the 2023 to 2027 period, relative to normalized 2022 earnings, (compared to the previous expectation for an annualized growth rate of 5% to 7%). The increase to the EPS guidance results from: (i) a conservative estimate in rural broadband capital expenditures of approximately $300 million that are expected to contribute to future earnings; and (ii) the earnings contribution expected following the closing of the Company’s recently announced agreement to acquire a minority interest in the East-West Tie Transmission Line.お知らせ • Feb 21Hydro One Limited Declares Quarterly Cash Dividend, Payable on March 31, 2025Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of $0.3142 per share to be paid on March 31, 2025 to shareholders of record on March 12, 2025. Unless indicated otherwise, all common share dividends paid by Hydro One Limited to shareholders are designated as "eligible" dividends for the purpose of the Income Tax Act (Canada) and any similar provincial legislation. Such quarterly dividends, unless and until changed, are only payable as and when declared by Hydro One Limited's Board of Directors and there is no entitlement to any dividend prior thereto.Reported Earnings • Feb 20Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: CA$1.93 (up from CA$1.81 in FY 2023). Revenue: CA$8.48b (up 8.2% from FY 2023). Net income: CA$1.16b (up 6.5% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 18Hydro One Limited to Report Q4, 2024 Results on Feb 20, 2025Hydro One Limited announced that they will report Q4, 2024 results Pre-Market on Feb 20, 2025Upcoming Dividend • Dec 04Upcoming dividend of CA$0.31 per shareEligible shareholders must have bought the stock before 11 December 2024. Payment date: 31 December 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Canadian dividend payers (6.1%). In line with average of industry peers (3.0%).Declared Dividend • Nov 09Third quarter dividend of CA$0.31 announcedShareholders will receive a dividend of CA$0.31. Ex-date: 11th December 2024 Payment date: 31st December 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.6% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 08Hydro One Limited Declares Quarterly Cash Dividend, Payable on December 31, 2024Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of $0.3142 per share to be paid on December 31, 2024 to shareholders of record on December 11, 2024.Reported Earnings • Nov 08Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: CA$0.62 (up from CA$0.60 in 3Q 2023). Revenue: CA$2.19b (up 13% from 3Q 2023). Net income: CA$371.0m (up 3.9% from 3Q 2023). Profit margin: 17% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.新しいナラティブ • Nov 07Calculated Investments Drive Revenue And Margins Up Population growth and new projects are expected to boost Hydro One's revenue through investments in transmission and distribution. お知らせ • Oct 05Hydro One Limited to Report Q3, 2024 Results on Nov 07, 2024Hydro One Limited announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024Upcoming Dividend • Sep 04Upcoming dividend of CA$0.31 per shareEligible shareholders must have bought the stock before 11 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Canadian dividend payers (6.0%). Lower than average of industry peers (3.1%).Declared Dividend • Aug 16Second quarter dividend of CA$0.31 announcedShareholders will receive a dividend of CA$0.31. Ex-date: 11th September 2024 Payment date: 27th September 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.6% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 15Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: CA$0.49 (up from CA$0.44 in 2Q 2023). Revenue: CA$2.03b (up 9.4% from 2Q 2023). Net income: CA$292.0m (up 10% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.6%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 13Hydro One Limited to Report Q2, 2024 Results on Aug 14, 2024Hydro One Limited announced that they will report Q2, 2024 results Pre-Market on Aug 14, 2024Upcoming Dividend • Jun 05Upcoming dividend of CA$0.31 per shareEligible shareholders must have bought the stock before 12 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Canadian dividend payers (6.4%). In line with average of industry peers (3.2%).お知らせ • Jun 05+ 1 more updateHydro One Limited Announces Executive ChangesHydro One Limited announced Harry Taylor as and Chief Financial Officer, effective June 10, 2024. Mr. Taylor is a highly regarded, strategic executive with more than 30 years of demonstrated achievements in senior leadership roles in consumer businesses and 8 years of progressively impactful experience with major management consulting and accounting firms. He is an inspirational, engaging and experienced finance leader who has led organizations through significant growth and expansion. Mr. Taylor will succeed Chris Lopez, who is leaving the company to pursue other opportunities. Mr. Lopez will remain with the organization until June 30, 2024 as a Senior Advisor to ensure a smooth transition. Harry Taylor is an engaging and inspirational leader who has driven profitable growth and built financial acumen across organizations. Mr. Taylor most recently held the position of Chief Financial Officer and, briefly, interim Chief Executive Officer at WestJet Airlines until December 2022. Prior to joining WestJet, Mr. Taylor was Chief Financial Officer, senior finance leader or division president in Canada and the United States for Canadian Tire Corporation, Holt Renfrew Limited, The Home Depot and PepsiCo/Frito-Lay. Before embarking on his operating company leadership career, Harry spent five years consulting with McKinsey & Company and three years in public accounting with Clarkson Gordon (now Ernst & Young). Harry earned a Bachelor of Commerce from the Rotman School of Management at the University of Toronto, a Chartered Accountant designation from the Institute of Chartered Accountants of Ontario and a Master of Business Administration from the Ivey Business School, where he won the gold medal. Harry has served on and worked with public and private company boards as well as not for profit boards in Canada and the United States and is a member of the Institute of Corporate Directors.Declared Dividend • May 16First quarter dividend increased to CA$0.31Dividend of CA$0.31 is 6.0% higher than last year. Ex-date: 12th June 2024 Payment date: 28th June 2024 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.4% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2024 results: EPS: CA$0.49 (up from CA$0.47 in 1Q 2023). Revenue: CA$2.17b (up 4.4% from 1Q 2023). Net income: CA$293.0m (up 3.9% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.収支内訳Hydro One の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSX:H 収益、費用、利益 ( )CAD Millions日付収益収益G+A経費研究開発費31 Mar 269,2811,3720031 Dec 259,0411,3390030 Sep 258,8681,3060030 Jun 258,7611,2560031 Mar 258,7261,2210031 Dec 248,4841,1560030 Sep 248,3681,1370030 Jun 248,1101,1230031 Mar 247,9361,0960031 Dec 237,8441,0850030 Sep 237,7271,0820030 Jun 237,8241,0320031 Mar 237,8071,0220031 Dec 227,7801,0500030 Sep 227,6971,0310030 Jun 227,5791,0240031 Mar 227,4611,0070031 Dec 217,2259650030 Sep 217,3139670030 Jun 217,3039480031 Mar 217,2511,8130031 Dec 207,2901,7700030 Sep 207,1381,8200030 Jun 206,8281,7800031 Mar 206,5718320031 Dec 196,4807780030 Sep 196,256-1380030 Jun 196,269-1850031 Mar 196,333-1400031 Dec 186,150-890030 Sep 186,0987710030 Jun 186,0147960031 Mar 185,9087130031 Dec 175,9906580030 Sep 176,1656310030 Jun 176,3496450031 Mar 176,5246800031 Dec 166,5527210030 Sep 166,4607360030 Jun 166,3996910031 Mar 166,4166700031 Dec 156,5386900030 Sep 156,6787630030 Jun 156,58974400質の高い収益: Hは 高品質の収益 を持っています。利益率の向上: Hの現在の純利益率 (14.8%)は、昨年(14%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: Hの収益は過去 5 年間で年間3%増加しました。成長の加速: Hの過去 1 年間の収益成長率 ( 12.4% ) は、5 年間の平均 ( 年間3%を上回っています。収益対業界: Hの過去 1 年間の収益成長率 ( 12.4% ) はElectric Utilities業界9.5%を上回りました。株主資本利益率高いROE: Hの 自己資本利益率 ( 10.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YUtilities 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 00:47終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Hydro One Limited 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関Harshit GuptaAccountability Research CorporationMichael LoneganBarclaysBenjamin PhamBMO Capital Markets Equity Research15 その他のアナリストを表示
Reported Earnings • May 14First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: CA$0.65 (up from CA$0.60 in 1Q 2025). Revenue: CA$2.65b (up 10.0% from 1Q 2025). Net income: CA$391.0m (up 9.2% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.6%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Apr 14Hydro One Limited to Report Q1, 2026 Results on May 13, 2026Hydro One Limited announced that they will report Q1, 2026 results Pre-Market on May 13, 2026
Reported Earnings • Feb 15Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CA$2.23 (up from CA$1.93 in FY 2024). Revenue: CA$9.04b (up 6.6% from FY 2024). Net income: CA$1.34b (up 16% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 13Hydro One Limited to Report Q4, 2025 Results on Feb 13, 2026Hydro One Limited announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 13, 2026
Reported Earnings • Nov 14Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CA$0.70 (up from CA$0.62 in 3Q 2024). Revenue: CA$2.30b (up 4.9% from 3Q 2024). Net income: CA$421.0m (up 14% from 3Q 2024). Profit margin: 18% (up from 17% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 11Hydro One Limited to Report Q3, 2025 Results on Nov 13, 2025Hydro One Limited announced that they will report Q3, 2025 results Pre-Market on Nov 13, 2025
ナラティブの更新 • May 19H: Clustered C$58 Views And CEO Transition Will Shape A Measured OutlookAnalysts have raised the Hydro One price target to CA$58, an increase from the previous range of CA$53 to CA$57 cited in recent research. This revision reflects updated views on fair value, discount rates and profitability assumptions.
Declared Dividend • May 17First quarter dividend of CA$0.35 announcedShareholders will receive a dividend of CA$0.35. Ex-date: 10th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.3%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
ライブニュース • May 15Hydro One Delivers Q1 Earnings Beat and Announces CEO Retirement With Major Projects AheadHydro One reported Q1 2026 net income up 9.2%, with earnings per share at $0.65 versus $0.60 a year earlier, and results ahead of revenue expectations. The company declared a quarterly cash dividend payable on June 30, 2026, designated as an eligible dividend for Canadian taxpayers. CEO David Leviter plans to retire effective June 9, 2026, with COO Megan Telford set to become President and CEO. Leviter will stay on as Special Advisor until October 10, 2026, as the company advances major Ontario transmission projects including the Greenstone, Sudbury to Barrie, and Red Lake lines. The combination of earnings growth, ongoing dividend payments, and major transmission contracts reinforces Hydro One’s role as a key regulated utility player in Ontario’s power grid build-out. Investors may want to watch the upcoming CEO transition and execution on large infrastructure projects, as leadership changes and project delivery can affect risk, capital needs, and future regulatory decisions.
お知らせ • May 15Hydro One Limited Declares Quarterly Common Share Dividend, Payable on June 30, 2026Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend of CAD 0.3531 per share to common shareholders to be paid on June 30, 2026 to shareholders of record on June 10, 2026.
Reported Earnings • May 14First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: CA$0.65 (up from CA$0.60 in 1Q 2025). Revenue: CA$2.65b (up 10.0% from 1Q 2025). Net income: CA$391.0m (up 9.2% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.6%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.
ナラティブの更新 • May 04H: Tight Price Range And Planned CEO Shift Will Guide A Steady OutlookHydro One's updated fair value has moved slightly higher, with analysts nudging their average price target up by about CA$1. This adjustment is supported by a series of recent target increases from major banks that reflect steady assumptions for growth, margins, and future P/E.
ナラティブの更新 • Apr 19H: Tight Pricing Band And CEO Transition Will Shape A Steady OutlookHydro One's analyst fair value estimate has edged up from CA$55.53 to CA$56.00, reflecting analysts' slightly higher price targets in the CA$55 to CA$58 range and their broadly steady views on the company's earnings profile and P/E assumptions. Analyst Commentary Recent research points to a cluster of price targets in the CA$55 to CA$58 range.
お知らせ • Apr 14Hydro One Limited to Report Q1, 2026 Results on May 13, 2026Hydro One Limited announced that they will report Q1, 2026 results Pre-Market on May 13, 2026
お知らせ • Apr 07Hydro One Limited, Annual General Meeting, Jun 09, 2026Hydro One Limited, Annual General Meeting, Jun 09, 2026.
ナラティブの更新 • Apr 04H: Incremental Repricing And Leadership Transition Will Shape A Steady Forward OutlookHydro One's analyst price target has been revised slightly higher from about CA$54.79 to CA$55.53, reflecting analysts' updated view after a series of recent price target increases across major firms. Analyst Commentary Recent Street research on Hydro One has centered on modestly higher price targets and generally neutral stock ratings, which together suggest a balanced view of upside potential and execution risk.
ナラティブの更新 • Mar 21H: Stable Outlook And Recent Commentary Will Shape Measured Repricing ExpectationsHydro One's analyst fair value estimate has shifted from CA$53.68 to CA$54.79. This change reflects a series of recent price target increases from analysts who point to updated revenue and earnings assumptions while generally maintaining mid range ratings on the stock.
ナラティブの更新 • Mar 06H: Stable Outlook And Higher P E Assumptions Will Shape Modest Repricing PotentialOur updated fair value estimate for Hydro One edges up by about CA$0.50 per share, reflecting a modest adjustment in projected growth assumptions as analysts lift their price targets into the CA$55 to CA$58 range while largely maintaining neutral to hold style ratings. Analyst Commentary Recent Street research on Hydro One points to a fairly clustered set of views, with several firms lifting their price targets into the mid CA$50s while keeping neutral style ratings.
Upcoming Dividend • Mar 04Upcoming dividend of CA$0.33 per shareEligible shareholders must have bought the stock before 11 March 2026. Payment date: 31 March 2026. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Canadian dividend payers (5.4%). Lower than average of industry peers (2.6%).
お知らせ • Feb 27+ 1 more updateHydro One Limited Appoints Executive Changes, Effective June 9, 2026Hydro One Limited announced that David Lebeter will retire from his role as President, effective June 9, 2026, and will remain as a special advisor with the company until October 10, 2026. The Board also announced that they have appointed Megan Telford, Hydro One's Chief Operating Officer, as President effective June 9, 2026. Megan Telford is the incoming President and CEO of Hydro One. She is currently Hydro One's Chief Operating Officer, responsible for Safety, Operations, Customer Experience, Capital Portfolio Delivery, Strategy, Growth, System Planning and Hydro One Remote Communities Inc. Ms. Telford's previous executive leadership roles at Hydro One included responsibility for Health, Safety and Environment, System Planning, Human Resources, Labour Relations, Indigenous Relations, Corporate Affairs and Customer Care. Before joining Hydro One in 2020, Ms. Telford held a number of increasingly senior roles at TD Bank from 2007 to 2020. Prior to TD, Ms. Telford practiced labour and employment law at a national law firm and worked at the Permanent Court of Arbitration in The Hague. Ms. Telford currently serves on the Board of Directors for Export Development Canada and the Electricity Distributors Association. Ms. Telford holds an Honours Bachelor of Arts in Industrial Relations from McMaster University, a Master of Industrial Relations and Juris Doctor from Queen's University and she was a law clerk for Justice A. Stone and Justice B. Strayer at the Federal Court of Appeal. She holds her ICD.D from the Institute of Corporate Directors.
お知らせ • Feb 20Hydro One Limited Announces Directorate ChangesHydro One Limited announced that the Government of Ontario's nominee Deb Hutton has been appointed to the company's Board of Directors, effective February 19, 2026. Deb Hutton is a communications professional with nearly three decades of experience guiding organizations through complex communications challenges and leading high performing teams across both the public and private sectors. She began her career in politics, advising candidates, elected officials, and leaders—experience that gives her deep insight into public expectations and government relations. Ms. Hutton is dedicated to community service and has contributed her time and leadership to a variety of Boards including Metrolinx, York University Board of Governors, the JaysCare Foundation, Niagara Peninsula Children's Centre and the Speech and Stuttering Institute. Deb Hutton will fill the board vacancy created when Cherie Brant did not stand for re-election at the company's 2025 annual general meeting of shareholders.
ナラティブの更新 • Feb 19H: Stable Outlook And Higher P E Assumptions Will Guide Measured Repricing PotentialAnalysts have nudged our Hydro One fair value estimate higher to CA$53.18 from CA$52.07, reflecting recent upward revisions to Street price targets in the CA$55 to CA$58 range and updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research centers on a cluster of higher price targets in the CA$55 to CA$58 range, which sit modestly above our updated fair value estimate of CA$53.18.
Declared Dividend • Feb 17Fourth quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 11th March 2026 Payment date: 31st March 2026 Dividend yield will be 2.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 15Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: CA$2.23 (up from CA$1.93 in FY 2024). Revenue: CA$9.04b (up 6.6% from FY 2024). Net income: CA$1.34b (up 16% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 13Hydro One Limited Declares Quarterly Common Share Dividend, Payable on March 31, 2026Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend of $0.3331 per share to common shareholders to be paid on March 31, 2026 to shareholders of record on March 11, 2026.
ナラティブの更新 • Feb 04H: Stable Outlook And Labour Negotiations Will Shape Measured Repricing PotentialHydro One’s updated analyst price target ticks slightly lower to about C$52.07 from C$52.21. Analysts outline higher revenue growth assumptions, modestly softer profit margins and a small adjustment to future P/E expectations, with recent Street targets ranging from C$52 to C$57.
ナラティブの更新 • Jan 21H: Stable Returns And EPS Outlook Will Support Measured Repricing PotentialNarrative update on Hydro One The analyst price target for Hydro One has been revised modestly higher, supported by recent Street updates that lifted targets to C$57 and C$52 as analysts factor in small adjustments to fair value, discount rate, profit margin assumptions and future P/E. Analyst Commentary Recent Street updates on Hydro One point to a slightly higher view of fair value, with price targets clustered in the low to mid C$50s and ratings maintained at neutral levels.
お知らせ • Jan 13Hydro One Limited to Report Q4, 2025 Results on Feb 13, 2026Hydro One Limited announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 13, 2026
ナラティブの更新 • Jan 06H: Regulated Returns And EPS Outlook Will Support Defensive PositioningAnalysts have nudged their average price target on Hydro One higher into the low C$50s, reflecting updated sector views that emphasize the role of regulated utilities as a defensive hedge, alongside expectations for generally solid loads and new rates. Analyst Commentary Recent Street research has clustered around higher fair value estimates for Hydro One, with several firms lifting their price targets into a C$52 to C$57 range while maintaining mid tier ratings such as Market Perform, Sector Perform and Neutral.
分析記事 • Dec 29Hydro One (TSE:H) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
ナラティブの更新 • Dec 23H: Updated Earnings Outlook And Regulated Returns Will Support Defensive ExposureHydro One's analyst-derived fair value has edged higher to approximately C$52.14 from about C$51.57, as analysts modestly increase their price targets based on stable regulated returns, slightly improved profit margin expectations, and supportive sector dynamics. Analyst Commentary Recent target price increases reflect a generally constructive view on Hydro One, driven by the stability of its regulated business model and modest upgrades to earnings expectations.
分析記事 • Dec 11With EPS Growth And More, Hydro One (TSE:H) Makes An Interesting CaseInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
ナラティブの更新 • Dec 09H: Updated Earnings Outlook And Stable Loads Will Support Defensive ExposureAnalysts have nudged their average price target for Hydro One modestly higher, with recent increases to approximately C$52 to C$57. This reflects confidence in stable regulated earnings and new rate structures amid a more volatile broader power market.
Upcoming Dividend • Dec 03Upcoming dividend of CA$0.33 per shareEligible shareholders must have bought the stock before 10 December 2025. Payment date: 31 December 2025. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (5.9%). Lower than average of industry peers (2.8%).
ナラティブの更新 • Nov 25H: Updated Price Objective And Stable Loads Will Support Defensive ExposureHydro One's analyst price target has been raised, with updated valuations increasing from approximately C$50.21 to C$51.57. Analysts cite stronger revenue growth forecasts and a slight improvement in profit margins as reasons for the upgrade.
Declared Dividend • Nov 16Third quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 10th December 2025 Payment date: 31st December 2025 Dividend yield will be 2.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 14Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CA$0.70 (up from CA$0.62 in 3Q 2024). Revenue: CA$2.30b (up 4.9% from 3Q 2024). Net income: CA$421.0m (up 14% from 3Q 2024). Profit margin: 18% (up from 17% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 14Hydro One Limited Provides Earnings Guidance for the Year 2027Hydro One Limited provided earnings guidance for the year 2027. For the year, the company expects earnings per share to grow between 6% and 8% annually through 2027, using the normalized 2022 EPS of $1.61 as a base.
お知らせ • Nov 13Hydro One Limited Declares Quarterly Common Share Dividend, Payable on December 31, 2025Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of CAD 0.3331 per share to be paid on December 31, 2025 to shareholders of record on December 10, 2025.
ナラティブの更新 • Nov 07H: Defensive Exposure And Stable Returns Will Remain Key Amid VolatilityAnalyst price targets for Hydro One have been raised, with the consensus moving up by up to C$2 per share. Analysts cite solid Q3 results, resilient regulated utility performance, and the appeal of defensive exposure amid increased market volatility.
ナラティブの更新 • Oct 24Electricity Demand Trends Will Strengthen Stability Amid Shifting Market DynamicsAnalysts have modestly increased their fair value estimate for Hydro One following a C$2 price target uptick. The outlook is supported by solid Q3 performance expectations and the stability of regulated utilities in a volatile market environment.
お知らせ • Oct 11Hydro One Limited to Report Q3, 2025 Results on Nov 13, 2025Hydro One Limited announced that they will report Q3, 2025 results Pre-Market on Nov 13, 2025
分析記事 • Sep 09Is Hydro One (TSE:H) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
ナラティブの更新 • Sep 04Ontario Grid Modernization Will Unlock 70% Electricity Demand PotentialAnalysts view Hydro One's earnings visibility and strong financial position as supportive, but premium valuation concerns relative to peers have led most to see the stock as fairly valued, with the consensus price target unchanged at CA$49.68. Analyst Commentary Bullish analysts cite Hydro One's 100% electric utility weighting as a key differentiator supporting premium valuation.
Upcoming Dividend • Sep 03Upcoming dividend of CA$0.33 per shareEligible shareholders must have bought the stock before 10 September 2025. Payment date: 29 September 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Canadian dividend payers (6.0%). In line with average of industry peers (3.0%).
Board Change • Sep 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Mike Rencheck was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 16+ 1 more updateHydro One Limited Announces Executive ChangesHydro One Limited (Hydro One) announced that David Lebeter, President will take a temporary compassionate care leave, effective August 25, 2025, to care for a family member. Mr. Lebeter will continue to support the company on an advisory basis until his return. The Board of Directors has appointed Harry Taylor as Interim President. Mr. Taylor will also continue to serve as EVP, Chief Financial and Regulatory Officer. Harry Taylor joined the organization in 2024 as Executive Vice President, Chief Financial and Regulatory Officer. Mr. Taylor is a seasoned executive, who has driven profitable growth and strengthened financial capabilities across several top-tier organizations. Following an extensive search, the Board has also appointed Michael W. Rencheck to the company's Board of Directors effective August 14, 2025. Mr. Rencheck has more than four decades of experience as a trusted leader and advisor with a strong track record of driving operational excellence, strategic growth, governance and financial performance in the energy industry. Harry Taylor is the Executive Vice President, Chief Financial and Regulatory Officer of Hydro One. Mr. Taylor oversees the legal, corporate finance, and regulatory functions, including treasury and tax, internal audit, risk management, pensions, investor relations and shared services such as supply chain. Before joining Hydro One in 2024, Mr. Taylor held the position of Chief Financial Officer, and briefly, interim Chief Executive Officer of WestJet Airlines until December 2022. Mr. Taylor is an engaging and inspirational leader who has driven profitable growth and built financial acumen across organizations. Prior to his time at WestJet, Mr. Taylor was Chief Financial Officer, senior finance leader or division president in Canada and the United States for Canadian Tire Corporation, Holt Renfrew Limited, The Home Depot and PepsiCo/Frito-Lay. Michael W. Rencheck is an experienced executive and leader in nuclear energy generation. He most recently served as President and Chief Executive Officer of Bruce Power. Prior to joining Bruce Power in 2016, he served as the Deputy Chief Operating Officer for AREVA Group, overseeing its extensive global portfolio of nuclear and renewable projects. Prior to this, he served as President and Chief Executive Officer of AREVA Inc. in North America, leading its diverse nuclear manufacturing and services business in Canada and the United States with a workforce of approximately 5,000 people. He has been recognized by the National Safety Council for his leadership in demonstrating a personal commitment to worker safety and health and was designated by the US Department of Energy as a STEM ambassador. He has been widely recognized for his executive and leadership roles, including being named CEO of the Year in 2020 by the Ontario Chamber of Commerce, Leader of the Year in 2022 by Electricity Human Resources Canada, and Trail Blazer in 2025 by the US Nuclear Industry Council. Mr. Rencheck is a Professional Engineer and certified senior reactor operator. He has also served on the Board of Directors of numerous organizations including the Electric Power Research Institute and is active in the communities of Bruce, Grey and Huron Counties.
Declared Dividend • Aug 15Second quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 10th September 2025 Payment date: 29th September 2025 Dividend yield will be 2.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 14Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: CA$0.55 (up from CA$0.49 in 2Q 2024). Revenue: CA$2.07b (up 1.7% from 2Q 2024). Net income: CA$327.0m (up 12% from 2Q 2024). Profit margin: 16% (up from 14% in 2Q 2024). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 3.1%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 12% per year.
お知らせ • Aug 14Hydro One Limited announces Quarterly dividend, payable on September 29, 2025Hydro One Limited announced Quarterly dividend of CAD 0.3331 per share payable on September 29, 2025, ex-date on September 10, 2025 and record date on September 10, 2025.
分析記事 • Aug 01Returns On Capital At Hydro One (TSE:H) Have StalledIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Jul 14If EPS Growth Is Important To You, Hydro One (TSE:H) Presents An OpportunityFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
お知らせ • Jul 12Hydro One Limited to Report Q2, 2025 Results on Aug 13, 2025Hydro One Limited announced that they will report Q2, 2025 results Pre-Market on Aug 13, 2025
分析記事 • Jun 26Hydro One Limited (TSE:H) Investors Are Less Pessimistic Than ExpectedWith a price-to-earnings (or "P/E") ratio of 23.9x Hydro One Limited ( TSE:H ) may be sending very bearish signals at...
分析記事 • Jun 10Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331The board of Hydro One Limited ( TSE:H ) has announced that it will be paying its dividend of CA$0.3331 on the 30th of...
お知らせ • Jun 06Hydro One Limited Announces Board ChangesHydro One Limited announced that Melissa Sonberg has been appointed as the new Chair of the Board, effective June 4, 2025. Ms. Sonberg joined the Board of Directors on August 14, 2018. She replaces Timothy Hodgson, who resigned as Chair of the Board of Directors on April 28, 2025, following an unpaid leave of absence to run for political office. Susan Wolburgh Jenah served as Interim Chair of the Board from March 24, 2025, to June 4, 2025, and has continued to serve as Chair of the Governance and Regulatory Committee. Melissa Sonberg is a corporate director and Chair of the Board of Hydro One Limited. Ms. Sonberg was most recently a Professor of Practice at McGill University's Desautels Faculty of Management, where she was a faculty member from 2014 to 2024. She spent the early part of her career in the healthcare industry before joining Air Canada, where she held leadership positions in a range of customer-facing, operational, and corporate functions. Ms. Sonberg was part of the founding executive team of Aeroplan, which became part of AIMIA Inc. She held positions of Senior Vice President, Human Resources & Corporate Affairs, and Senior Vice President, Global Brands, Communications, and External Affairs at AIMIA from 2001 to 2013. Ms. Sonberg sits on the boards of Exchange Income Corporation (TSX), Athennian, Enghouse Systems Inc. (TSX), Canada Post Corporation, and the Canadian Foundation for Governance Research. She holds a Bachelor of Science (Psychology) from McGill University, a Master of Health Administration from the University of Ottawa, and holds her ICD.D. She is a Certified Human Resource Executive (CHRE).
Upcoming Dividend • Jun 04Upcoming dividend of CA$0.33 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (6.2%). Lower than average of industry peers (3.0%).
分析記事 • May 27Hydro One (TSE:H) Is Increasing Its Dividend To CA$0.3331Hydro One Limited ( TSE:H ) will increase its dividend from last year's comparable payment on the 30th of June to...
Board Change • May 18High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Brian Vaasjo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • May 15Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to CA$49.70. The fair value is estimated to be CA$41.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 5.6%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 5.7% per annum over the same time period.
Declared Dividend • May 12First quarter dividend of CA$0.33 announcedShareholders will receive a dividend of CA$0.33. Ex-date: 11th June 2025 Payment date: 30th June 2025 Dividend yield will be 2.6%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.4% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 09First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: CA$0.60 (up from CA$0.49 in 1Q 2024). Revenue: CA$2.41b (up 11% from 1Q 2024). Net income: CA$358.0m (up 22% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 08Hydro One Limited Declares Quarterly Cash Dividend, Payable on June 30, 2025Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of $0.3331 per share to be paid on June 30, 2025 to shareholders of record on June 11, 2025.
お知らせ • May 02Tim Hodgson Resigns as Chair of the Board of Directors of Hydro One LimitedHydro One Limited announced that Tim Hodgson has resigned from his position as Chair of the Board of Directors after successfully running in the federal election, during which time he was on an unpaid leave of absence. The Board of Directors has launched a process to select a new Chair. In the interim, Susan Wolburgh Jenah will continue to serve as Interim Chair of the Board and as Chair of the Governance and Regulatory Committee.
お知らせ • Apr 05Hydro One Limited to Report Q1, 2025 Results on May 08, 2025Hydro One Limited announced that they will report Q1, 2025 results Pre-Market on May 08, 2025
お知らせ • Apr 04Hydro One Limited, Annual General Meeting, Jun 24, 2025Hydro One Limited, Annual General Meeting, Jun 24, 2025. Location: ontario, toronto Canada
Buy Or Sell Opportunity • Apr 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to CA$50.36. The fair value is estimated to be CA$41.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has grown by 5.1%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.
お知らせ • Mar 26Hydro One Limited Announces Susan Wolburgh Jenah as Interim Chair of the Board of DirectorsHydro One Limited announced that Susan Wolburgh Jenah was selected by the Board of Directors to serve as Interim Chair of the Board. The current Chair, Timothy Hodgson, has taken an unpaid leave of absence to run in the federal election for the Liberal Party of Canada. Susan Wolburgh Jenah joined the Board of Directors on January 1, 2020 and serves as the Governance and Regulatory Committee Chair, and as a member of the Indigenous, Peoples, Safety and Operations Committee. Susan Wolburgh Jenah is a corporate director with four decades of experience as a senior regulator, chief executive officer, lawyer and director. Throughout her career, she has served on numerous corporate, Crown corporation and not–for–profit boards and expert advisory committees. Ms. Wolburgh Jenah currently serves on the board of Aecon Group Inc. (TSX) and is Chair of the Corporate Governance, Nominating and Compensation Committee. She recently served as Vice–Chair of Humber River Hospital and as a member of the Independent Review Committee of Vanguard Investments Canada. Prior directorships include serving as a Public Governor of the U.S. Financial Industry Regulatory Authority, as Chair of the NEO Exchange, and as a director of Laurentian Bank of Canada, Aequitas Innovations, The Global Risk Institute, the Investment Industry Regulatory Organization of Canada (IIROC), and the Institute of Corporate Directors. Ms. Wolburgh Jenah was the founding President and CEO of IIROC and held numerous executive roles at the Ontario Securities Commission, including Vice–Chair, Acting Chair, General Counsel and Head of International Affairs. Ms. Wolburgh Jenah holds a Bachelor of Arts from the University of Toronto and a Juris Doctor from Osgoode Hall Law School. She is also a member of the C.D. Howe National Advisory Council and served as Mentor to the Catalyst Women on Board Program. She is a prior Fellow and Adjunct Professor at Osgoode Hall Law School and recipient of the Osgoode Hall Gold Key for Achievement in 2011. Ms. Wolburgh Jenah holds her ICD.D.
Declared Dividend • Feb 24Fourth quarter dividend of CA$0.31 announcedShareholders will receive a dividend of CA$0.31. Ex-date: 12th March 2025 Payment date: 31st March 2025 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.6% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 23Hydro One Limited Revises Earnings Guidance for the Year 2027Hydro One Limited revised earnings guidance for the year 2027. For the period, company revised its expected EPS guidance range for 2027 to $2.15 to $2.37 (compared to the Company’s previous expectations for EPS for 2027 of $2.05 to $2.26). This range translates to an annualized growth rate of 6% to 8%, for the 2023 to 2027 period, relative to normalized 2022 earnings, (compared to the previous expectation for an annualized growth rate of 5% to 7%). The increase to the EPS guidance results from: (i) a conservative estimate in rural broadband capital expenditures of approximately $300 million that are expected to contribute to future earnings; and (ii) the earnings contribution expected following the closing of the Company’s recently announced agreement to acquire a minority interest in the East-West Tie Transmission Line.
お知らせ • Feb 21Hydro One Limited Declares Quarterly Cash Dividend, Payable on March 31, 2025Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of $0.3142 per share to be paid on March 31, 2025 to shareholders of record on March 12, 2025. Unless indicated otherwise, all common share dividends paid by Hydro One Limited to shareholders are designated as "eligible" dividends for the purpose of the Income Tax Act (Canada) and any similar provincial legislation. Such quarterly dividends, unless and until changed, are only payable as and when declared by Hydro One Limited's Board of Directors and there is no entitlement to any dividend prior thereto.
Reported Earnings • Feb 20Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: CA$1.93 (up from CA$1.81 in FY 2023). Revenue: CA$8.48b (up 8.2% from FY 2023). Net income: CA$1.16b (up 6.5% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 18Hydro One Limited to Report Q4, 2024 Results on Feb 20, 2025Hydro One Limited announced that they will report Q4, 2024 results Pre-Market on Feb 20, 2025
Upcoming Dividend • Dec 04Upcoming dividend of CA$0.31 per shareEligible shareholders must have bought the stock before 11 December 2024. Payment date: 31 December 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Canadian dividend payers (6.1%). In line with average of industry peers (3.0%).
Declared Dividend • Nov 09Third quarter dividend of CA$0.31 announcedShareholders will receive a dividend of CA$0.31. Ex-date: 11th December 2024 Payment date: 31st December 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.6% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 08Hydro One Limited Declares Quarterly Cash Dividend, Payable on December 31, 2024Hydro One Limited announced that its Board of Directors has declared a quarterly cash dividend to common shareholders of $0.3142 per share to be paid on December 31, 2024 to shareholders of record on December 11, 2024.
Reported Earnings • Nov 08Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: CA$0.62 (up from CA$0.60 in 3Q 2023). Revenue: CA$2.19b (up 13% from 3Q 2023). Net income: CA$371.0m (up 3.9% from 3Q 2023). Profit margin: 17% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
新しいナラティブ • Nov 07Calculated Investments Drive Revenue And Margins Up Population growth and new projects are expected to boost Hydro One's revenue through investments in transmission and distribution.
お知らせ • Oct 05Hydro One Limited to Report Q3, 2024 Results on Nov 07, 2024Hydro One Limited announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024
Upcoming Dividend • Sep 04Upcoming dividend of CA$0.31 per shareEligible shareholders must have bought the stock before 11 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Canadian dividend payers (6.0%). Lower than average of industry peers (3.1%).
Declared Dividend • Aug 16Second quarter dividend of CA$0.31 announcedShareholders will receive a dividend of CA$0.31. Ex-date: 11th September 2024 Payment date: 27th September 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.6% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 15Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: CA$0.49 (up from CA$0.44 in 2Q 2023). Revenue: CA$2.03b (up 9.4% from 2Q 2023). Net income: CA$292.0m (up 10% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.6%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 13Hydro One Limited to Report Q2, 2024 Results on Aug 14, 2024Hydro One Limited announced that they will report Q2, 2024 results Pre-Market on Aug 14, 2024
Upcoming Dividend • Jun 05Upcoming dividend of CA$0.31 per shareEligible shareholders must have bought the stock before 12 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Canadian dividend payers (6.4%). In line with average of industry peers (3.2%).
お知らせ • Jun 05+ 1 more updateHydro One Limited Announces Executive ChangesHydro One Limited announced Harry Taylor as and Chief Financial Officer, effective June 10, 2024. Mr. Taylor is a highly regarded, strategic executive with more than 30 years of demonstrated achievements in senior leadership roles in consumer businesses and 8 years of progressively impactful experience with major management consulting and accounting firms. He is an inspirational, engaging and experienced finance leader who has led organizations through significant growth and expansion. Mr. Taylor will succeed Chris Lopez, who is leaving the company to pursue other opportunities. Mr. Lopez will remain with the organization until June 30, 2024 as a Senior Advisor to ensure a smooth transition. Harry Taylor is an engaging and inspirational leader who has driven profitable growth and built financial acumen across organizations. Mr. Taylor most recently held the position of Chief Financial Officer and, briefly, interim Chief Executive Officer at WestJet Airlines until December 2022. Prior to joining WestJet, Mr. Taylor was Chief Financial Officer, senior finance leader or division president in Canada and the United States for Canadian Tire Corporation, Holt Renfrew Limited, The Home Depot and PepsiCo/Frito-Lay. Before embarking on his operating company leadership career, Harry spent five years consulting with McKinsey & Company and three years in public accounting with Clarkson Gordon (now Ernst & Young). Harry earned a Bachelor of Commerce from the Rotman School of Management at the University of Toronto, a Chartered Accountant designation from the Institute of Chartered Accountants of Ontario and a Master of Business Administration from the Ivey Business School, where he won the gold medal. Harry has served on and worked with public and private company boards as well as not for profit boards in Canada and the United States and is a member of the Institute of Corporate Directors.
Declared Dividend • May 16First quarter dividend increased to CA$0.31Dividend of CA$0.31 is 6.0% higher than last year. Ex-date: 12th June 2024 Payment date: 28th June 2024 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.4% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2024 results: EPS: CA$0.49 (up from CA$0.47 in 1Q 2023). Revenue: CA$2.17b (up 4.4% from 1Q 2023). Net income: CA$293.0m (up 3.9% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Electric Utilities industry in North America. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
