Hydro One (TSE:H – Free Report) had its price target raised by Raymond James from C$41.00 to C$45.00 in a research report report published on Thursday, BayStreet.CA reports.
H has been the topic of a number of other reports. BMO Capital Markets raised their price target on shares of Hydro One from C$42.00 to C$44.00 in a report on Thursday, September 5th. Wells Fargo & Company raised their price target on shares of Hydro One from C$42.00 to C$46.00 in a report on Monday, August 19th. National Bankshares raised their price target on shares of Hydro One from C$40.00 to C$45.00 and gave the company a sector perform rating in a report on Friday, August 23rd. Finally, CIBC increased their price objective on shares of Hydro One from C$41.00 to C$44.00 in a research report on Thursday, August 15th. Eight investment analysts have rated the stock with a hold rating, According to data from MarketBeat, Hydro One presently has an average rating of Hold and an average price target of C$42.75.
Check Out Our Latest Stock Report on Hydro One
Hydro One Stock Up 0.9 %
Hydro One (TSE:H – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The company reported C$0.49 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.48 by C$0.01. Hydro One had a net margin of 13.85% and a return on equity of 9.61%. The business had revenue of C$2.03 billion for the quarter. As a group, research analysts expect that Hydro One will post 2.0445326 earnings per share for the current fiscal year.
Hydro One Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 27th will be given a dividend of $0.314 per share. This represents a $1.26 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date is Wednesday, September 11th. Hydro One’s dividend payout ratio is presently 67.38%.
Hydro One Company Profile
Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines.
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