TSE:H
30.84
0.03
(0.10%)
Analysis and Opinions about H-T
Signal
Opinion
Expert
Chart
DON'T BUY
DON'T BUY
DON'T BUY
DON'T BUY
February 19, 2021
Very defensive cashflow streams. Compared to Fortis, Hydro One has geographical limitations being based only in Ontario. In terms of rising interest rates, it remains low and it is not an immediate concern. Look for a utility that has the ability to increase dividends annually.
HOLD
HOLD
January 8, 2021
He favours Fortis and Algonquin. H-T is a very stable business model. They had aggressive growth projects but they didn't work out. Would like to see more diversification of cashflow since it is very dependant on Ontario. It is a good, durable business. Would not sell it but it may not perform as well as others. Growth platform is limited.
He favours Fortis and Algonquin. H-T is a very stable business model. They had aggressive growth projects but they didn't work out. Would like to see more diversification of cashflow since it is very dependant on Ontario. It is a good, durable business. Would not sell it but it may not perform as well as others. Growth platform is limited.
HOLD
HOLD
October 27, 2020
They made a big acquisition and ran into trouble, but that now behind them. They've endured Covid this, but there's little stock appreciation ahead. Hold this to collect the dividend.
Show full opinionHide full opinionThey made a big acquisition and ran into trouble, but that now behind them. They've endured Covid this, but there's little stock appreciation ahead. Hold this to collect the dividend.
DON'T BUY
DON'T BUY
October 8, 2020
Likes it. OK growth rate. Expensive. AQN and FTS are trading at better levels with nice growth rates and dividend growth. Pretty safe area, but a mistake to buy at the top of the range.
PARTIAL SELL
PARTIAL SELL
February 19, 2020
He buys utilities to generate income. Yes, they are boring, but this sector has had an incredible run in the last 12 months. This is overbought now and would take profits. Also, the yield has dropped to 3.3%, which is a negative.
Show full opinionHide full opinionHe buys utilities to generate income. Yes, they are boring, but this sector has had an incredible run in the last 12 months. This is overbought now and would take profits. Also, the yield has dropped to 3.3%, which is a negative.
DON'T BUY
DON'T BUY
January 22, 2020
Ontario's current government has made many changes to the Hydro board, a gong show. He is wait-and-see with Hydro and prefers Emera as a utility, which offers better growth and doesn't suffer government meddling. At its core, though, Hydro is a great business as a regulated utility.
DON'T BUY
DON'T BUY
December 16, 2019
They've done well this year, especially with less government influence. He prefers AQN, Fortis and BEP in this space who have better growth and offer wider diversification. H-T is Ontario-centric. It's okay if you hold it.
DON'T BUY
DON'T BUY
October 22, 2019
As a dividend stock Fine as a dividend stock, but not fine as a stock. They tried to do a US acquisition, but found out they couldn't. They have large capex, too. Dividend is safe and has been doing better lately than he expected, but that could be a result of a yield play. Doesn't interest him.
Show full opinionHide full opinionAs a dividend stock Fine as a dividend stock, but not fine as a stock. They tried to do a US acquisition, but found out they couldn't. They have large capex, too. Dividend is safe and has been doing better lately than he expected, but that could be a result of a yield play. Doesn't interest him.
DON'T BUY
DON'T BUY
October 9, 2019
Pays a good yield, but there isn't much growth. She wants utilities for the yields but also cash flow growth. The Ontario government still owns 47% of this company so it's possible they could sell down and get involved in the company's operations.
Show full opinionHide full opinionPays a good yield, but there isn't much growth. She wants utilities for the yields but also cash flow growth. The Ontario government still owns 47% of this company so it's possible they could sell down and get involved in the company's operations.
COMMENT
COMMENT
October 8, 2019
Sell half of my holdings and buy a utility? It pays a 3.9%. The shares have done well since they abandoned a bid to buy a Washington utility. There's little growth here, though. He prefers Capital Power which is a little riskier and pays a safer dividend. Also look at Innergex or a REIT, if you want income.
Sell half of my holdings and buy a utility? It pays a 3.9%. The shares have done well since they abandoned a bid to buy a Washington utility. There's little growth here, though. He prefers Capital Power which is a little riskier and pays a safer dividend. Also look at Innergex or a REIT, if you want income.
WEAK BUY
WEAK BUY
July 8, 2019
This was supposed to be a sleepy, easygoing utility. They did a deal in the US that was not seen that positively. It trades at a discount now. He thinks the discount is warranted due to management, who needs to be trusted. They need to articulate their strategy and then have some wins. He is seeing better opportunities than this one.
Show full opinionHide full opinionThis was supposed to be a sleepy, easygoing utility. They did a deal in the US that was not seen that positively. It trades at a discount now. He thinks the discount is warranted due to management, who needs to be trusted. They need to articulate their strategy and then have some wins. He is seeing better opportunities than this one.
COMMENT
COMMENT
June 28, 2019
H vs. CU Hydro One had serious issues, but a decent dividend. If he had to pick one right now, he'd pick CU. Looks a bit steadier. Hydro One is in nosebleed territory, and looks as though it's starting to come off. CU is consolidating, and looks to go higher short-term. $35 is a good stop level to sell CU, $22 for Hydro One.
H vs. CU Hydro One had serious issues, but a decent dividend. If he had to pick one right now, he'd pick CU. Looks a bit steadier. Hydro One is in nosebleed territory, and looks as though it's starting to come off. CU is consolidating, and looks to go higher short-term. $35 is a good stop level to sell CU, $22 for Hydro One.
DON'T BUY
DON'T BUY
May 16, 2019
It is a lot of natural gas, compared to other renewable energies. It has a fairly low environmental score. They are not a leader or ahead of the curve in transition to renewable.
Show full opinionHide full opinionIt is a lot of natural gas, compared to other renewable energies. It has a fairly low environmental score. They are not a leader or ahead of the curve in transition to renewable.
DON'T BUY
DON'T BUY
March 13, 2019
He owns Fortis, Emera and NPI, so he has enough utilities. The business in Ontario is good with possibility of expansion. But the problems with the Ontario goverment scare him off. Good dividend, but weaker dividend growth than its peers.
Show full opinionHide full opinionHe owns Fortis, Emera and NPI, so he has enough utilities. The business in Ontario is good with possibility of expansion. But the problems with the Ontario goverment scare him off. Good dividend, but weaker dividend growth than its peers.
Hydro One(H-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 5
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, 5 stock analysts published opinions about H-T. 0 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. 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 Ryan Bushell on 2021-03-23. 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?
5 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 2021-06-15, Hydro One (H-T) stock closed at a price of $30.84.
It's performed well in the past 12-24 months. Ontario is one of the most difficult energy jurisdictions around. Hydro doesn't offer much growth, but it's stable. The dividend isn't enough to excite investors, so he prefers Fortis and others. It's okay to hang onto shares.