View ValuationHydro One 향후 성장Future 기준 점검 1/6Hydro One (는) 각각 연간 5.7% 및 3.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 5.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 10.6% 로 예상됩니다.핵심 정보5.7%이익 성장률5.41%EPS 성장률Electric Utilities 이익 성장11.0%매출 성장률3.5%향후 자기자본이익률10.60%애널리스트 커버리지Good마지막 업데이트29 Apr 2026최근 향후 성장 업데이트공지 • 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.공지 • 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.모든 업데이트 보기Recent updates내러티브 업데이트 • 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.내러티브 업데이트 • 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.공지 • 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, 2026공지 • Apr 07Hydro One Limited, Annual General Meeting, Jun 09, 2026Hydro One Limited, Annual General Meeting, Jun 09, 2026.내러티브 업데이트 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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%).공지 • 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.공지 • 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.내러티브 업데이트 • 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.공지 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.공지 • 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, 2026내러티브 업데이트 • 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.분석 기사 • 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...내러티브 업데이트 • 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.분석 기사 • 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...내러티브 업데이트 • 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%).내러티브 업데이트 • 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.공지 • 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.공지 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.공지 • 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, 2025분석 기사 • 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...내러티브 업데이트 • 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.공지 • 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.공지 • 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.분석 기사 • 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...분석 기사 • 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...공지 • 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, 2025분석 기사 • 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...분석 기사 • 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...공지 • 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%).분석 기사 • 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.분석 기사 • May 13Hydro One's (TSE:H) Upcoming Dividend Will Be Larger Than Last Year'sHydro One Limited ( TSE:H ) will increase its dividend from last year's comparable payment on the 30th of June to...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.분석 기사 • May 09Does This Valuation Of Hydro One Limited (TSE:H) Imply Investors Are Overpaying?Key Insights Using the Dividend Discount Model, Hydro One fair value estimate is CA$42.16 Hydro One is estimated to be...공지 • 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.공지 • 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.공지 • 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, 2025공지 • 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.공지 • 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.공지 • 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.공지 • 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.공지 • 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.공지 • 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.새 내러티브 • 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. 공지 • 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.공지 • 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%).공지 • 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.공지 • May 15Hydro One Limited Declares Quarterly Common Share Dividend, Payable on June 28, 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 June 28, 2024 to shareholders of record on June 12, 2024.Board Change • Apr 15High 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.공지 • Apr 13Hydro One Limited to Report Q1, 2024 Results on May 14, 2024Hydro One Limited announced that they will report Q1, 2024 results Pre-Market on May 14, 2024이익 및 매출 성장 예측TSX:H - 애널리스트 향후 추정치 및 과거 재무 데이터 (CAD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20289,8141,495N/A2,867312/31/20279,5641,4344212,759712/31/20269,2941,3811822,615612/31/20259,0411,339-5682,695N/A9/30/20258,8681,306-6912,531N/A6/30/20258,7611,256-7242,441N/A3/31/20258,7261,221-5252,582N/A12/31/20248,4841,156-5972,534N/A9/30/20248,3681,137-4812,599N/A6/30/20248,1101,123-3532,618N/A3/31/20247,9361,096-3242,524N/A12/31/20237,8441,085-2772,412N/A9/30/20237,7271,082-732,246N/A6/30/20237,8241,032-102,198N/A3/31/20237,8071,02292,167N/A12/31/20227,7801,0501462,260N/A9/30/20227,6971,0312882,328N/A6/30/20227,5791,0242522,284N/A3/31/20227,4611,007562,075N/A12/31/20217,225965782,149N/A9/30/20217,313967-2311,906N/A6/30/20217,303948-972,036N/A3/31/20217,2511,813N/A1,999N/A12/31/20207,2901,7701862,030N/A9/30/20207,1381,8203312,154N/A6/30/20206,8281,7803812,122N/A3/31/20206,5718323592,044N/A12/31/20196,480778-141,614N/A9/30/20196,256-138N/A1,462N/A6/30/20196,269-185N/A1,322N/A3/31/20196,333-140N/A1,317N/A12/31/20186,150-89N/A1,575N/A9/30/20186,098771N/A1,699N/A6/30/20186,014796N/A1,633N/A3/31/20185,908713N/A1,621N/A12/31/20175,990658N/A1,716N/A9/30/20176,165631N/A1,667N/A6/30/20176,349645N/A1,735N/A3/31/20176,524680N/A1,759N/A12/31/20166,552721N/A1,656N/A9/30/20166,460736N/A-1,248N/A6/30/20166,399691N/A-1,289N/A3/31/20166,416670N/A-1,306N/A12/31/20156,538690N/A-1,248N/A9/30/20156,678763N/A1,661N/A6/30/20156,589744N/A1,635N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: H 의 연간 예상 수익 증가율(5.7%)이 saving rate(3%)보다 높습니다.수익 vs 시장: H 의 연간 수익(5.7%)이 Canadian 시장(11%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: H 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: H 의 수익(연간 3.5%)이 Canadian 시장(연간 4.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: H 의 수익(연간 3.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: H의 자본 수익률은 3년 후 10.6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 14:09종가2026/05/07 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Hydro One Limited는 18명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Harshit GuptaAccountability Research CorporationMichael LoneganBarclaysBenjamin PhamBMO Capital Markets Equity Research15명의 분석가 더 보기
공지 • 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.
공지 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
공지 • 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
공지 • Apr 07Hydro One Limited, Annual General Meeting, Jun 09, 2026Hydro One Limited, Annual General Meeting, Jun 09, 2026.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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%).
공지 • 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.
공지 • 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.
내러티브 업데이트 • 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.
공지 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
공지 • 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
내러티브 업데이트 • 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.
분석 기사 • 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...
내러티브 업데이트 • 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.
분석 기사 • 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...
내러티브 업데이트 • 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%).
내러티브 업데이트 • 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.
공지 • 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.
공지 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
공지 • 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
분석 기사 • 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...
내러티브 업데이트 • 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.
공지 • 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.
공지 • 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.
분석 기사 • 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...
분석 기사 • 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...
공지 • 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
분석 기사 • 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...
분석 기사 • 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...
공지 • 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%).
분석 기사 • 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.
분석 기사 • May 13Hydro One's (TSE:H) Upcoming Dividend Will Be Larger Than Last Year'sHydro One Limited ( TSE:H ) will increase its dividend from last year's comparable payment on the 30th of June to...
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.
분석 기사 • May 09Does This Valuation Of Hydro One Limited (TSE:H) Imply Investors Are Overpaying?Key Insights Using the Dividend Discount Model, Hydro One fair value estimate is CA$42.16 Hydro One is estimated to be...
공지 • 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.
공지 • 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.
공지 • 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
공지 • 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.
공지 • 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.
공지 • 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.
공지 • 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.
공지 • 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.
공지 • 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.
새 내러티브 • 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.
공지 • 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.
공지 • 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%).
공지 • 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.
공지 • May 15Hydro One Limited Declares Quarterly Common Share Dividend, Payable on June 28, 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 June 28, 2024 to shareholders of record on June 12, 2024.
Board Change • Apr 15High 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.
공지 • Apr 13Hydro One Limited to Report Q1, 2024 Results on May 14, 2024Hydro One Limited announced that they will report Q1, 2024 results Pre-Market on May 14, 2024
