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Investor Insights

This summary was created by AI, based on 7 opinions in the last 12 months.

Experts provide mixed reviews for Hydro One stock. While some believe it is a safe investment with a good dividend and cashflow support, others view it as a slow-growing business with better alternatives available in the sector. The stock is currently being impacted by high interest rates and faces competition from cheaper alternatives. Overall, the company is considered well-managed and the outlook for utilities is expected to improve as interest rates decline.

Consensus
Mixed
Valuation
Fair Value
BUY ON WEAKNESS
Hydro One

Rising interest rates putting pressure on stock. Company uses substantial debt. Analyst estimates very broad. Would recommend waiting to buy when share price falls. Share price not low enough. Good company, with stable earnings - just not priced correctly. 

electrical utilities
HOLD
Hydro One

It's a Hold, not a Sell, because there don't seem to be a lot of reasons for it to go down. Catching a tailwind as a bond proxy with bonds in rally mode. Good and safe dividend, will probably grow, well supported by cashflow. Well managed. Not a Buy, as there are better ideas. He owns FTS instead, as it's larger and more diversified.

electrical utilities
WEAK BUY
Hydro One

Benefitting from more immigration to Ontario. A predictable utility that'll grow 5% annually, so just collect the dividend. Shares won't do much. It's a slow-growing business. But Fortis and Emera pay higher dividends.

electrical utilities
HOLD
Hydro One

Great company and business. Trading at 18x. Growing at peer average. Better names in sector to own. Would recommend holding. 

electrical utilities
BUY
Hydro One

The outlook for utilities will improve as interest rates decline. They continue to raise their dividend, and they have a good track record.

electrical utilities
DON'T BUY
Hydro One

Good quality. Likes it, but competitors in the space are a bit cheaper. Trades at 18x. Look to EMA, FTS, or ALA. As beaten-down dividend plays, the whole sector is a buy, but other stocks are cheaper.

electrical utilities
DON'T BUY
Hydro One

Is being hit like all utilities now by high interest rates. Doesn't see a growth catalyst for this stock, so this is really a bond. There's demand for new energy, but building nuclear plants take a long time.

electrical utilities
BUY
Hydro One

The chart shows a long history of higher highs and lows. It's now testing its last low and will probably find support here and continue rising.

electrical utilities
WEAK BUY
Hydro One

When it was partly privatized, it gave investors an opportunity to receive a yield, which has been consistent around 4%. But they're constrained and can't easily raise rates, though rates have jumped in the past year. This is solid for the yield, but doesn't see capital appreciation given where interest rates are.

electrical utilities
BUY
Hydro One
Slow and steady utility name that reflects growth in Ontario. Good name to own if you are looking for dividend income. Power demand not going anywhere. Won't see major growth in share price, but is a steady hold.
electrical utilities
DON'T BUY
Hydro One
Not a big fan - it is a politicized company so there will be limited passing along of costs. It is range bound.
electrical utilities
BUY
Hydro One
Steady eddy. If you're looking for steady dividends to fund your retirement or your lifestyle, stocks like this are your baby. As bond prices go up, it puts pressure on the utility stocks. Rock solid. Utilities are not cutting dividends.
electrical utilities
BUY
Hydro One
Some avoid utilities as interest rates rise. However, Canadian utilities have done very well due to the Russian invasion. So, investors seek defence in this sector. Valuations here are a little rich. He likes Hydro One for stability. He also likes clean energy like AQN, which he trimmed a little. Clean energy will come back this year after a strong 2020 and maybe not as strong as 2020, but still good.
electrical utilities
BUY
Hydro One
Management has put governance issues behind it and instituted good policies. Good mid-single-digit growth, healthy dividend yield, favourable jurisdiction of Ontario. Good RRSP candidate. Not too much of a headache for volatility and downside. For him, better opportunities elsewhere.
electrical utilities
DON'T BUY
Hydro One
H vs. AQN He's been adding to AQN. Valuations have come back in the renewables, with more upside in the next year or two over basic fossil fuel companies. AQN has a 4% dividend yield, valuation is good, Kentucky Power acquisition is another leg of growth.
electrical utilities
Showing 1 to 15 of 91 entries

Hydro One(H-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 8

Stockchase rating for Hydro One is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Hydro One(H-T) Frequently Asked Questions

What is Hydro One stock symbol?

Hydro One is a Canadian stock, trading under the symbol H-T on the Toronto Stock Exchange (H-CT). It is usually referred to as TSX:H or H-T

Is Hydro One a buy or a sell?

In the last year, 8 stock analysts published opinions about H-T. 4 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hydro One.

Is Hydro One a good investment or a top pick?

Hydro One was recommended as a Top Pick by on . Read the latest stock experts ratings for Hydro One.

Why is Hydro One stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Hydro One worth watching?

8 stock analysts on Stockchase covered Hydro One In the last year. It is a trending stock that is worth watching.

What is Hydro One stock price?

On 2024-05-23, Hydro One (H-T) stock closed at a price of $39.94.