Should I buy or sell Boralex stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BRLXF shares. View BRLXF analyst ratings or view top-rated stocks .

What is Boralex's stock price target for 2024?

1 brokerages have issued 1-year price objectives for Boralex's shares. Their BRLXF share price targets range from $45.00 to $55.00. On average, they expect the company's stock price to reach $48.80 in the next twelve months. This suggests a possible upside of 115.9% from the stock's current price. View analysts price targets for BRLXF or view top-rated stocks among Wall Street analysts .

How have BRLXF shares performed in 2023?

Boralex's stock was trading at $28.9250 at the start of the year. Since then, BRLXF stock has decreased by 21.9% and is now trading at $22.60. View the best growth stocks for 2023 here .

When is Boralex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our BRLXF earnings forecast .

Is Boralex a good dividend stock?

Boralex (OTCMKTS:BRLXF) pays an annual dividend of $0.39 per share and currently has a dividend yield of 4.22%. BRLXF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.

How do I buy shares of Boralex?

Shares of BRLXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Boralex Stock Price, News & Analysis (OTCMKTS:BRLXF)

$22.60

+0.72 (+3.29%)

(As of 11/30/2023 ET)

Compare

Today's Range: $22.09
▼
$22.60
50-Day Range: $18.77
▼
$23.68
52-Week Range: $18.75
▼
$30.45

Volume: 751 shs
Average Volume: 10,086 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 1.73%
Price Target: $48.80

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Boralex MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 115.9% Upside
$48.80 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.63 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Boralex has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $48.80, Boralex has a forecasted upside of 115.9% from its current price of $22.60.
Amount of Analyst Coverage
Boralex has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Boralex has a short interest ratio ("days to cover") of 50.9, which indicates bearish sentiment.
Change versus previous month
Short interest in Boralex has recently increased by 1.33%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
Boralex is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Boralex does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BRLXF.

N/A

News and Social Media Coverage

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Boralex insiders have not sold or bought any company stock.
Percentage Held by Institutions
57.02% of the stock of Boralex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Boralex is -179.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boralex is -179.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Boralex Stock (OTCMKTS:BRLXF)

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, the United States, and the United Kingdom. As of December 31, 2022, the company had interests in 90 wind farms with an installed capacity of 2,584 megawatts (MW); 16 hydroelectric power stations with a capacity of 181 MW; and 12 solar power stations with an installed capacity of 255 MW. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.

BRLXF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BRLXF Stock News Headlines

November 11, 2023 | markets.businessinsider.com

RBC Capital Sticks to Their Hold Rating for Boralex Inc Cl A (BLX)

November 9, 2023 | benzinga.com

Boralex significantly increases its financial results and flexibility in the third quarter of 2023

November 30, 2023 | Tomorrow Investor (Ad)

Why Microsoft Just Placed A Huge Bet On Nuclear

Even with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.

November 9, 2023 | msn.com

Boralex GAAP EPS of -C$0.03, revenue of C$171M

October 16, 2023 | finance.yahoo.com

Boralex's (TSE:BLX) investors will be pleased with their decent 77% return over the last five years

October 10, 2023 | markets.businessinsider.com

Boralex will release its 2023 third quarter financial results on November 9

September 11, 2023 | msn.com

Boralex and the Innu net $608m for 200MW Canadian wind farm

September 8, 2023 | markets.businessinsider.com

Boralex secures Contract for Difference (CfD) for Limekiln Wind Farm in Scotland

November 30, 2023 | Autonomix (Ad)

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Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

August 15, 2023 | markets.businessinsider.com

RBC Capital Reaffirms Their Hold Rating on Boralex Inc Cl A (BLX)

August 15, 2023 | markets.businessinsider.com

BMO Capital Sticks to Its Buy Rating for Boralex Inc Cl A (BLX)

August 14, 2023 | marketwatch.com

Boralex Shares Jump After 2Q Earnings Beat

August 14, 2023 | seekingalpha.com

Boralex GAAP EPS of C$0.19, revenue of C$237M

August 11, 2023 | finance.yahoo.com

REMINDER - Boralex will release its 2023 second quarter financial results on August 14

July 20, 2023 | markets.businessinsider.com

Desjardins Thinks Boralex Inc Cl A’s Stock is Going to Recover

July 3, 2023 | finance.yahoo.com

A new commissioning for Boralex in France

June 2, 2023 | morningstar.com

Boralex Inc Class A

May 17, 2023 | marketwatch.com

Boralex has Two Storage Projects Selected on Ontario

May 12, 2023 | msn.com

Boralex, Inc. - (BRLXF) Declares $0.16 Dividend

May 11, 2023 | markets.businessinsider.com

Desjardins Maintains Their Buy Rating on Boralex Inc Cl A (BLX)

April 29, 2023 | theglobeandmail.com

Closing Bell: Boralex Inc down on Friday (BLX)

April 26, 2023 | theglobeandmail.com

Closing Bell: Boralex Inc down on Wednesday (BLX)

April 22, 2023 | theglobeandmail.com

Closing Bell: Boralex Inc up on Friday (BLX)

April 20, 2023 | theglobeandmail.com

Closing Bell: Boralex Inc down on Thursday (BLX)

April 20, 2023 | theglobeandmail.com

Closing Bell: Boralex Inc up on Wednesday (BLX)

April 18, 2023 | theglobeandmail.com

Closing Bell: Boralex Inc down on Monday (BLX)

April 11, 2023 | theglobeandmail.com

Closing Bell: Boralex Inc up on Monday (BLX)

See More Headlines

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Company Calendar

Today: 11/30/2023
Next Earnings (Estimated): 2/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Utilities - Renewable
Sub-Industry: N/A
Sector: Utilities
Current Symbol: OTCMKTS:BRLXF
CUSIP: N/A
CIK: N/A
Web: www.boralex.com
Phone: (819) 363-6363
Fax: N/A
Employees: 701
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $48.80
High Stock Price Target: $55.00
Low Stock Price Target: $45.00
Potential Upside/Downside: +115.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Patrick Decostre (Age 50)
President, CEO & Director
Comp: $807.94k
Mr. Bruno Guilmette (Age 57)
CFO & EVP
Comp: $574.02k
Mr. Pascal Hurtubise
Executive VP & Chief Legal Officer
Mr. Hugues Girardin
Executive VP & GM of North America
Mr. Nicolas Wolff
Executive VP & GM of Europe
Mr. Stéphane Milot
Senior Director of Investors Relations
Ms. Isabelle Fontaine
Senior Vice President of Marketing, Public Affairs & Corporate Communications
Ms. Marie-Josée Arsenault
Executive VP and Chief People & Culture Officer
Adam Rosso
Senior Vice President of Development of North America
Mr. Alain Pouliot
Senior Vice President of Asset Management of North America

Key Competitors

View All Competitors

BRLXF Stock Analysis - Frequently Asked Questions

Should I buy or sell Boralex stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BRLXF shares.
View BRLXF analyst ratings or view top-rated stocks.
What is Boralex's stock price target for 2024?: 1 brokerages have issued 1-year price objectives for Boralex's shares. Their BRLXF share price targets range from $45.00 to $55.00. On average, they expect the company's stock price to reach $48.80 in the next twelve months. This suggests a possible upside of 115.9% from the stock's current price.
View analysts price targets for BRLXF or view top-rated stocks among Wall Street analysts.
How have BRLXF shares performed in 2023?: Boralex's stock was trading at $28.9250 at the start of the year. Since then, BRLXF stock has decreased by 21.9% and is now trading at $22.60.
View the best growth stocks for 2023 here.
When is Boralex's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our BRLXF earnings forecast.

Is Boralex a good dividend stock?: Boralex (OTCMKTS:BRLXF) pays an annual dividend of $0.39 per share and currently has a dividend yield of 4.22%. BRLXF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
How do I buy shares of Boralex?: Shares of BRLXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (OTCMKTS:BRLXF) was last updated on 11/30/2023 by MarketBeat.com Staff

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Boralex Stock Price, News & Analysis (OTCMKTS:BRLXF)