Q2 Earnings Forecast for Boralex Issued By Raymond James

Boralex Inc. (TSE:BLX - Free Report) - Equities research analysts at Raymond James issued their Q2 2025 earnings per share estimates for Boralex in a report released on Thursday, May 15th. Raymond James analyst D. Magder expects that the company will post earnings of ($0.12) per share for the quarter. Raymond James has a "Moderate Buy" rating on the stock. The consensus estimate for Boralex's current full-year earnings is $1.34 per share. Raymond James also issued estimates for Boralex's Q3 2025 earnings at ($0.23) EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $0.74 EPS, Q1 2026 earnings at $0.60 EPS, Q2 2026 earnings at $0.09 EPS, Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at $0.89 EPS and FY2026 earnings at $1.52 EPS.

BLX has been the topic of several other research reports. Cormark reduced their target price on shares of Boralex from C$47.00 to C$35.00 in a research note on Thursday, January 30th. National Bankshares reduced their target price on shares of Boralex from C$43.00 to C$42.00 and set an "outperform" rating on the stock in a research note on Thursday. Scotiabank reduced their price target on shares of 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. Finally, BMO Capital Markets reduced their price target on shares of Boralex from C$42.00 to C$39.00 in a research report on Thursday. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of C$39.38.

Boralex Price Performance

BLX stock traded up C$0.68 during trading on Monday, hitting C$30.73. The company had a trading volume of 458,867 shares, compared to its average volume of 347,237. The company has a fifty day moving average price of C$29.52 and a two-hundred day moving average price of C$28.84. The company has a current ratio of 0.86, a quick ratio of 1.54 and a debt-to-equity ratio of 233.60. The company has a market cap of C$3.20 billion, a P/E ratio of 45.05, a P/E/G ratio of 2.01 and a beta of 0.46. Boralex has a fifty-two week low of C$24.40 and a fifty-two week high of C$36.68.

Boralex Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 17th were given a dividend of $0.165 per share. The ex-dividend date was Friday, February 28th. This represents a $0.66 annualized dividend and a yield of 2.15%. Boralex's dividend payout ratio (DPR) is 96.76%.

Insider Buying and Selling

In other news, Director Ricky Fontaine acquired 1,000 shares of Boralex stock in a transaction on 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. Also, Director Patrick Decostre sold 8,671 shares of the company's stock in a transaction on Monday, March 10th. The stock was sold at an average price of C$30.00, for a total value of C$260,130.00. 0.16% of the stock is owned by corporate insiders.

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.