Hydro One Limited (TSX:H)

Canada flag Canada · Delayed Price · Currency is CAD
56.78
+0.42 (0.75%)
Jun 18, 2026, 4:00 PM EST
Market Cap34.07B +13.2%
Revenue (ttm)9.28B +6.4%
Net Income1.37B +12.4%
EPS2.28 +12.3%
Shares Out 600.10M
PE Ratio24.90
Forward PE24.50
Dividend1.41 (2.51%)
Ex-Dividend DateJun 10, 2026
Volume974,981
Open56.50
Previous Close56.36
Day's Range56.36 - 57.27
52-Week Range47.54 - 60.46
Beta0.40
AnalystsHold
Price Target57.29 (+0.9%)
Earnings DateAug 12, 2026

About Hydro One

Hydro One Limited operates as an electricity transmission and distribution company in Ontario. It operates through three segments: Transmission, Distribution, and Other. The company owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 126,000 circuit kilometers primary low-voltage distribution lines. It provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. It serves residential,... [Read more]

Sector Utilities
Founded 2015
Employees 7,151
Stock Exchange Toronto Stock Exchange
Ticker Symbol H
Full Company Profile

Financial Performance

In 2025, Hydro One's revenue was 9.04 billion, an increase of 6.57% compared to the previous year's 8.48 billion. Earnings were 1.34 billion, an increase of 15.83%.

Financial Statements

Analyst Summary

According to 14 analysts, the average rating for H stock is "Hold." The 12-month stock price target is $57.29, which is an increase of 0.90% from the latest price.

Price Target
$57.29
(0.90% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Hydro One seeks approval from the Ontario Energy Board to build the Durham Kawartha Power Line

The new line is expected to support growth, reliability and local priorities in central and eastern Ontario TORONTO, June 12, 2026 /PRNewswire/ - Today, Hydro One Networks Inc. (Hydro One) announced i...

6 days ago - PRNewsWire

Hydro One Ltd Annual Shareholders Meeting Transcript

Hydro One Ltd Annual Shareholders Meeting Transcript

9 days ago - GuruFocus

/C O R R E C T I O N -- Hydro One Limited/

In the news release, Hydro One Limited welcomes new President and CEO and announces election of Directors , issued June 9, 2026 by Hydro One Limited over PR Newswire, we are advised by the company tha...

9 days ago - PRNewsWire

Hydro One Limited welcomes new President and CEO and announces election of Directors

TORONTO, June 9, 2026 /PRNewswire/ - Hydro One Limited (TSX: H) (Hydro One) welcomes Megan Telford as the company's President and CEO and newest member of its Board of Directors. Ms. Telford steps int...

9 days ago - PRNewsWire

Hydro One Transcript: AGM 2026

The meeting featured strong financial results, major infrastructure investments, and a leadership transition. All motions, including director elections and executive compensation, were approved. Board diversity and tariff impacts were discussed, with continued focus on safety and long-term planning.

9 days ago - Transcripts

Hydro One Press release: FY 2026

Hydro One issued a press release on June 9, 2026, disclosing material business information to investors.

9 days ago - Filings

Hydro One downgraded to Underperform from Hold at Jefferies

Jefferies analyst Julien Dumoulin-Smith downgraded Hydro One (HRNNF) to Underperform from Hold with a price target of C$48, down from C$50. A 40%+ premium to the U.S. utility peer group…

17 days ago - TheFly

Hydro One seeks approval from the Ontario Energy Board to build the Orléans Area Reinforcement Project

This investment will support economic growth in the Ottawa area TORONTO, May 29, 2026 /PRNewswire/ - Today, Hydro One Networks Inc. (Hydro One) announced it has filed a leave-to-construct application ...

20 days ago - PRNewsWire

Hydro One Inc. announces pricing of inaugural offering of US$ 1.0 billion of 5-year senior notes

TORONTO, May 20, 2026 /PRNewswire/ - Hydro One Limited, Ontario's largest electricity transmission and distribution company, today announced that its wholly-owned subsidiary, Hydro One Inc. (together ...

4 weeks ago - PRNewsWire

Hydro One seeks approval from the Ontario Energy Board to build the Northeast Power Line and the Longwood to Lakeshore Transmission Line

Once built, the lines will support local industry, agri-business and a strong and self-reliant economy TORONTO, May 19, 2026 /PRNewswire/ - Today, Hydro One Networks Inc. (Hydro One) announced it has ...

4 weeks ago - PRNewsWire

Hydro One Q1 Earnings Call Highlights

Hydro One TSE: H reported higher first-quarter earnings and reaffirmed its longer-term earnings growth outlook as management highlighted rising electricity demand in Ontario, a growing transmission pr...

4 weeks ago - MarketBeat

Hydro One price target raised to C$58 from C$57 at TD Securities

TD Securities raised the firm’s price target on Hydro One (HRNNF) to C$58 from C$57 and keeps a Hold rating on the shares.

5 weeks ago - TheFly

Hydro One price target raised to C$58 from C$53 at Scotiabank

Scotiabank raised the firm’s price target on Hydro One (HRNNF) to C$58 from C$53 and keeps a Sector Perform rating on the shares.

5 weeks ago - TheFly

Hydro One price target raised to C$58 from C$55 at BMO Capital

BMO Capital analyst Ben Pham raised the firm’s price target on Hydro One (HRNNF) to C$58 from C$55 and keeps a Market Perform rating on the shares. Published first on…

5 weeks ago - TheFly

Hydro One Earnings Call Transcript: Q1 2026

Q1 saw EPS rise to CAD 0.65 and net income up 9.2% year-over-year, driven by higher demand and approved rates. Major infrastructure projects and strong customer support position the company for continued growth, with EPS guidance reaffirmed at 6–8% annually.

5 weeks ago - Transcripts

Hydro One Quarterly report: Q1 2026

Hydro One has published its Q1 2026 quarterly earnings report on May 13, 2026.

5 weeks ago - Filings

Hydro One Slides: Q1 2026

Hydro One has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 13, 2026.

5 weeks ago - Filings

Hydro One Earnings release: Q1 2026

Hydro One released its Q1 2026 earnings on May 13, 2026, summarizing the period's financial results.

5 weeks ago - Filings

Hydro One reports first quarter results

The Company appointed Megan Telford as its President and Chief Executive Officer (CEO) to continue to solidify Hydro One's position as a leading utility TORONTO, May 13, 2026 /PRNewswire/ - Hydro One ...

5 weeks ago - PRNewsWire

Hydro One Limited Declares Quarterly Common Share Dividend

TORONTO, May 13, 2026 /PRNewswire/ - Hydro One Limited (TSX: H), announced that its Board of Directors has declared a quarterly cash dividend of $0.3531 per share to common shareholders to be paid on ...

5 weeks ago - PRNewsWire

Hydro One highlights safety performance, Indigenous procurement and partnerships in its 2025 Sustainability Report

The company exceeds Indigenous spending target ahead of schedule TORONTO, May 7, 2026 /PRNewswire/ - Today, Hydro One Limited (Hydro One) announced the release of its 2025 Sustainability Report, title...

6 weeks ago - PRNewsWire

Ontario designates Hydro One to invest in the Red Lake Transmission Line

The proposed project will be developed in partnership with First Nations, add capacity and strengthen regional reliability in the northwest THUNDER BAY, ON, April 23, 2026 /PRNewswire/ - Today, Energy...

2 months ago - PRNewsWire

Hydro One price target raised to C$58 from C$57 at CIBC

CIBC analyst Mark Jarvi raised the firm’s price target on Hydro One (HRNNF) to C$58 from C$57 and keeps a Neutral rating on the shares.

2 months ago - TheFly

Hydro One to Release First Quarter 2026 Results on May 13, 2026 Before Markets Open

Investment Community Teleconference Set for May 13, 2026 at 8 a.m. EDT TORONTO, April 13, 2026 /PRNewswire/ - Hydro One Limited (TSX: H), the largest electric transmission and distribution utility in ...

2 months ago - PRNewsWire

Hydro One receives regulatory decision regarding its 2026 Annual Update application

TORONTO, April 7, 2026 /PRNewswire/ - Today, Hydro One Networks Inc. (Hydro One) received a decision from the Ontario Energy Board (OEB) on its 2026 Annual Update application, including its Z-factor a...

2 months ago - PRNewsWire