National Bank Financial Lifts Earnings Estimates for Boralex

Boralex Inc. (TSE:BLX - Free Report) - Analysts at National Bank Financial lifted their Q3 2025 earnings per share (EPS) estimates for Boralex in a research report issued on Wednesday, May 14th. National Bank Financial analyst R. Merer now anticipates that the company will post earnings of ($0.18) per share for the quarter, up from their previous estimate of ($0.19). The consensus estimate for Boralex's current full-year earnings is $1.34 per share. National Bank Financial also issued estimates for Boralex's FY2025 earnings at $0.76 EPS and FY2026 earnings at $0.77 EPS.

A number of other analysts have also recently commented on the company. Cormark dropped their price target on Boralex from C$47.00 to C$35.00 in a research report on Thursday, January 30th. National Bankshares lowered their price objective on Boralex from C$46.00 to C$43.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. Raymond James raised Boralex to a "moderate buy" rating in a research report on Thursday. Finally, Scotiabank lowered their price objective on Boralex from C$42.00 to C$36.00 and set a "sector perform" rating on the stock in a research report on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Boralex has a consensus rating of "Buy" and a consensus price target of C$40.25.

Boralex Stock Up 0.6%

BLX stock opened at C$29.77 on Monday. Boralex has a fifty-two week low of C$24.40 and a fifty-two week high of C$36.68. The business's 50 day moving average price is C$29.41 and its two-hundred day moving average price is C$28.89. The company has a debt-to-equity ratio of 233.60, a quick ratio of 1.54 and a current ratio of 0.86. The company has a market capitalization of C$3.10 billion, a price-to-earnings ratio of 43.64, a price-to-earnings-growth ratio of 2.01 and a beta of 0.46.

Insiders Place Their Bets

In other Boralex news, Director Patrick Decostre sold 8,671 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of C$30.00, for a total value of C$260,130.00. Also, Director Ricky Fontaine purchased 1,000 shares of the business's stock in a transaction dated Thursday, March 6th. The shares were purchased at an average price of C$29.10 per share, with a total value of C$29,100.00. 0.16% of the stock is owned by insiders.

Boralex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 17th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 2.22%. The ex-dividend date was Friday, February 28th. Boralex's dividend payout ratio is currently 96.76%.

About Boralex

Boralex Inc is an electric utility company involved in the development, construction, and operation of renewable energy power facilities. The company controls a portfolio of electricity producing plants that utilize wind, hydroelectric, thermal, and solar fuel sources. Most of Boralex's plants rely on wind power, while a significant number also employ hydroelectric power.

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