Boralex Company Profile (TSE:BLX)

About Boralex (TSE:BLX)

Boralex logoBoralex Inc. is a power producer that develops, constructs and operates renewable energy power stations. The Company's segments include wind, hydroelectric, thermal and solar. It operates an asset base with a capacity of approximately 1,260 megawatts (MW), of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States. It operates approximately 870 MW wind power portfolio of assets in France and Canada. It also owns the rights to portfolio of wind power projects in France. It is also a wind power operator in Canada with an installed capacity of approximately 550 MW in Quebec and Ontario. It owns over two thermal power stations with a total installed capacity of approximately 50 MW, consisting of over 30 MW wood-residue power station in Quebec and approximately 10 MW natural gas cogeneration power station in France. It operates over three solar power facilities in France and in Canada.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Industrial Metals & Minerals
  • Sub-Industry: N/A
  • Symbol: TSE:BLX
  • CUSIP: N/A
  • Web: www.boralex.com/
Capitalization:
  • Market Cap: C$1.72 billion
  • Outstanding Shares: 75,875,000
Average Prices:
  • 50 Day Moving Avg: C$21.88
  • 200 Day Moving Avg: C$21.79
  • 52 Week Range: C$16.06 - C$23.00
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.73
Sales & Book Value:
  • Annual Revenue: C$343 million
  • Price / Sales: 5.01
  • Book Value: C$8.94 per share
  • Price / Book: 2.53
Dividend:
  • Dividend Yield: 2.7%
Profitability:
  • EBITDA: C$206 million
  • Net Margins: -6.60%
  • Return on Equity: -1.19%
  • Return on Assets: -0.72%
Misc:
  • Average Volume: 126,584 shs.
  • Short Ratio: 18.47
 

Frequently Asked Questions for Boralex (TSE:BLX)

What is Boralex's stock symbol?

Boralex trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BLX."

How often does Boralex pay dividends? What is the dividend yield for Boralex?

Boralex announced a quarterly dividend on Wednesday, August 9th. Stockholders of record on Thursday, August 31st will be paid a dividend of 0.15 per share on Monday, September 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend is Tuesday, August 29th. This is an increase from Boralex's previous quarterly dividend of $0.13. View Boralex's Dividend History.

When will Boralex make its next earnings announcement?

Boralex is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Boralex.

Where is Boralex's stock going? Where will Boralex's stock price be in 2017?

7 brokers have issued 12 month price targets for Boralex's stock. Their predictions range from C$23.50 to C$25.50. On average, they expect Boralex's share price to reach C$24.29 in the next twelve months. View Analyst Ratings for Boralex.

Who are some of Boralex's key competitors?

Who are Boralex's key executives?

Boralex's management team includes the folowing people:

  • Alain Ducharme, Independent Chairman of the Board
  • Patrick Lemaire, President, Chief Executive Officer, Director
  • Jean-Francois Francois Thibodeau, Chief Financial Officer, Vice President
  • Pascal Hurtubise, Vice President, Corporate Secretary, Chief Legal Officer
  • Hugues Girardin, Vice President - Development
  • Denis Aubut, General Manager - Operations
  • Patrick Decostre, General Manager of Boralex Europe S.A.
  • Michelle Samson-Doel CPA, Lead Independent Director
  • Richard Lemaire, Director
  • Germain Benoit CPA, Independent Director

How do I buy Boralex stock?

Shares of Boralex and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Boralex's stock price today?

One share of Boralex stock can currently be purchased for approximately C$22.64.


MarketBeat Community Rating for Boralex (TSE BLX)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  150 (Vote Outperform)
Underperform Votes:  113 (Vote Underperform)
Total Votes:  263
MarketBeat's community ratings are surveys of what our community members think about Boralex and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Boralex (TSE:BLX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 7 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: C$24.29
Consensus Price Target History for Boralex (TSE:BLX)
Price Target History for Boralex (TSE:BLX)
Analysts' Ratings History for Boralex (TSE:BLX)
Show:
DateFirmActionRatingPrice TargetDetails
10/19/2017BMO Capital MarketsReiterated RatingOutperformC$25.50View Rating Details
8/17/2017CIBCLower Price TargetC$25.00 -> C$24.50View Rating Details
5/5/2017TD SecuritiesReiterated RatingBuyC$24.00View Rating Details
5/5/2017Royal Bank Of CanadaBoost Price TargetOutperformC$23.00 -> C$24.00View Rating Details
3/6/2017DesjardinsBoost Price TargetC$23.50 -> C$24.00View Rating Details
1/4/2017Raymond James Financial, Inc.Boost Price TargetOutperformC$23.25 -> C$24.50View Rating Details
11/10/2016National Bank FinancialBoost Price TargetOutperformC$22.50 -> C$23.50View Rating Details
10/31/2016AltaCorp CapitalReiterated RatingOutperformView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Boralex (TSE:BLX)
Earnings by Quarter for Boralex (TSE:BLX)
Earnings History by Quarter for Boralex (TSE BLX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017        
8/6/2014C($0.03)C($0.13)C$48.33 millionC$53.79 millionViewN/AView Earnings Details
5/7/2014C$0.16C$0.18C$58.50 millionC$62.93 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Boralex (TSE:BLX)
2017 EPS Consensus Estimate: $0.55
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.43$0.53$0.48
Q2 20172($0.08)$0.02($0.03)
Q3 20172($0.24)($0.12)($0.18)
Q4 20172$0.26$0.29$0.28
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Boralex (TSE BLX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/9/2017Quarterly$0.158/29/20178/31/20179/18/2017
8/5/2015$0.108/27/20158/31/20159/16/2015
5/6/2015$0.115/27/20155/29/20156/15/2015
2/9/2015$0.102/25/20152/27/20153/16/2015
11/25/2014Quarterly$0.133.94%11/25/201412/15/201412/15/2014
8/6/2014quarterly$0.138/27/20148/29/20149/16/2014
5/7/2014$0.125/28/20145/30/20146/16/2014
2/19/2014$0.122/26/20142/28/20143/17/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Boralex (TSE:BLX)
Insider Trades by Quarter for Boralex (TSE:BLX)
Insider Trades by Quarter for Boralex (TSE:BLX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/8/2017Michelle Samson-DoelDirectorSell2,000C$22.40C$44,800.00
8/30/2017Michelle Samson-DoelDirectorSell10,000C$21.90C$219,000.00
8/22/2017Michelle Samson-DoelDirectorSell1,400C$22.05C$30,870.00
8/16/2017Michelle Samson-DoelDirectorSell2,000C$22.10C$44,200.00
8/15/2017Michelle Samson-DoelDirectorSell4,000C$22.00C$88,000.00
6/6/2016Alain LemaireDirectorSell2,500C$18.67C$46,675.00
9/16/2015Robert F HallDirectorBuy1,100C$12.20C$13,420.00
9/11/2015Robert F HallDirectorBuy1,000C$12.09C$12,090.00
9/10/2015Mario PlourdeDirectorBuy2,000C$12.10C$24,200.00
9/1/2015Sylvie LemaireDirectorBuy7,800C$12.89C$100,542.00
5/7/2015Sylvie LemaireDirectorBuy3,600C$14.04C$50,544.00
3/13/2015Patrick DecostreDirectorSell1,700C$13.37C$22,729.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Boralex (TSE:BLX)
Latest Headlines for Boralex (TSE:BLX)
Source:
DateHeadline
americanbankingnews.com logoBMO Capital Markets Analysts Give Boralex Inc. (BLX) a C$25.50 Price Target
www.americanbankingnews.com - October 19 at 3:08 PM
finance.yahoo.com logo/R E P E A T -- Boralex and Infinergy announce joint venture for 325 MW onshore wind in the UK/
finance.yahoo.com - October 17 at 5:26 PM
finance.yahoo.com logoBoralex and Infinergy announce joint venture for 325 MW onshore wind in the UK
finance.yahoo.com - October 17 at 3:26 AM
americanbankingnews.com logoBoralex Inc. (BLX) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - October 15 at 9:28 AM
marketwatch.com logoAdvisory - Boralex - Release of the 2017 Third Quarter Financial Results
www.marketwatch.com - October 10 at 5:51 PM
finance.yahoo.com logoBoralex, Inc. breached its 50 day moving average in a Bullish Manner : BLX-CA : October 9, 2017
finance.yahoo.com - October 9 at 5:26 PM
finance.yahoo.com logoReport Coverage on Utilities Stocks, Brookfield Renewable Partners, TransAlta Renewables, Boralex, and Northland Power
finance.yahoo.com - October 4 at 1:06 PM
finance.yahoo.com logoToday's Research Reports on Boralex, BioAmber, Pure Technologies and Alterra Power Corp.
finance.yahoo.com - October 2 at 12:47 PM
americanbankingnews.com logoResearch Analysts Issue Forecasts for Boralex Inc.'s Q3 2017 Earnings (BLX)
www.americanbankingnews.com - September 27 at 8:00 AM
americanbankingnews.com logoBoralex Inc. (BLX) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - September 20 at 8:50 AM
finance.yahoo.com logoBoralex, Inc. – Value Analysis (TORONTO:BLX) : September 19, 2017
finance.yahoo.com - September 19 at 9:36 PM
finance.yahoo.com logoBoralex, Inc. breached its 50 day moving average in a Bearish Manner : BLX-CA : September 18, 2017
finance.yahoo.com - September 18 at 4:57 PM
americanbankingnews.com logoInsider Selling: Boralex Inc. (BLX) Director Sells 2,000 Shares of Stock
www.americanbankingnews.com - September 11 at 1:22 PM
americanbankingnews.com logoBoralex Inc. (BLX) Given New C$25.00 Price Target at BMO Capital Markets
www.americanbankingnews.com - September 8 at 4:26 PM
americanbankingnews.com logoBoralex Inc. (BLX) Director Michelle Samson-Doel Sells 10,000 Shares
www.americanbankingnews.com - August 31 at 7:42 PM
fool.ca logo1 Relatively Unheard of Company With Explosive Long-Term Potential - The Motley Fool Canada
www.fool.ca - August 29 at 4:56 PM
americanbankingnews.com logoBoralex Inc. (BLX) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 26 at 8:44 AM
americanbankingnews.com logoMichelle Samson-Doel Sells 1,400 Shares of Boralex Inc. (BLX) Stock
www.americanbankingnews.com - August 24 at 10:32 AM
americanbankingnews.com logoBoralex Inc. (BLX) Announces Quarterly Dividend of $0.15
www.americanbankingnews.com - August 24 at 10:32 AM
finance.yahoo.com logoBoralex, Inc. :BLX-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017
finance.yahoo.com - August 18 at 4:47 PM
americanbankingnews.com logoBoralex Inc. (BLX) Director Sells C$44,200.00 in Stock
www.americanbankingnews.com - August 18 at 10:34 AM
americanbankingnews.com logoBoralex Inc. (BLX) Price Target Cut to C$24.50
www.americanbankingnews.com - August 17 at 8:44 PM
americanbankingnews.com logoInsider Selling: Boralex Inc. (BLX) Director Sells 4,000 Shares of Stock
www.americanbankingnews.com - August 15 at 8:02 PM
americanbankingnews.com logoBoralex Inc. Forecasted to Post Q3 2017 Earnings of ($0.23) Per Share (BLX)
www.americanbankingnews.com - August 14 at 2:04 AM
americanbankingnews.com logoBoralex Inc. (TSE:BLX) Expected to Post FY2017 Earnings of $0.22 Per Share
www.americanbankingnews.com - August 11 at 10:44 AM
americanbankingnews.com logoCIBC Lowers Boralex Inc. (BLX) Price Target to C$24.50
www.americanbankingnews.com - August 10 at 10:40 PM
finance.yahoo.com logoBoralex, Inc. breached its 50 day moving average in a Bearish Manner : BLX-CA : August 10, 2017
finance.yahoo.com - August 10 at 5:45 PM
finance.yahoo.com logoEdited Transcript of BLX.TO earnings conference call or presentation 9-Aug-17 2:00pm GMT
finance.yahoo.com - August 10 at 2:50 AM
finance.yahoo.com logo2017 second quarter: Boralex announces growth in operating results
finance.yahoo.com - August 9 at 4:47 PM
finance.yahoo.com logo/R E P E A T -- Media Advisory - Boralex - Release of the 2017 Second Quarter Financial Results/
finance.yahoo.com - August 8 at 4:22 PM
finance.yahoo.com logoCommercial commissioning of the Voie des Monts and the Mont de Bagny wind farms (France)
finance.yahoo.com - August 7 at 5:08 PM
finance.yahoo.com logoBoralex, Inc. :BLX-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 4 at 10:00 PM
americanbankingnews.com logoBoralex Inc. (TSE:BLX) to Release Earnings on Wednesday
www.americanbankingnews.com - August 2 at 7:20 AM
marketwatch.com logoBoralex closes financing of ?46.4 million (CA$67.9 million) for the Chemin de Gr s wind farm
www.marketwatch.com - July 31 at 4:35 PM
finance.yahoo.com logoBoralex closes financing of €46.4 million (CA$67.9 million) for the Chemin de Grès wind farm
finance.yahoo.com - July 31 at 4:35 PM
finance.yahoo.com logoBoralex, Inc. breached its 50 day moving average in a Bullish Manner : BLX-CA : July 28, 2017
finance.yahoo.com - July 28 at 6:01 PM
theglobeandmail.com logoThursday’s small-cap stocks to watch
www.theglobeandmail.com - July 27 at 10:10 PM
prnewswire.com logoGaz Métro and Boralex respond to Massachusetts' request for proposals with the 300 MW SBx wind project - PR Newswire (press release)
www.prnewswire.com - July 27 at 5:07 PM
finance.yahoo.com logoLa Caisse acquires a 17.3% interest in Boralex Inc.
finance.yahoo.com - July 27 at 5:07 PM
finance.yahoo.com logoSeigneurie de Beaupré Wind Farms' expansion project - Gaz Métro and Boralex respond to Massachusetts' request for proposals with the 300 MW SBx project
finance.yahoo.com - July 27 at 5:07 PM
finance.yahoo.com logoGaz Métro and Boralex respond to Massachusetts' request for proposals with the 300 MW SBx wind project
finance.yahoo.com - July 27 at 5:07 PM
finance.yahoo.com logo[$$] Caisse Acquires 17.3% Interest in Boralex Inc.
finance.yahoo.com - July 27 at 5:07 PM
finance.yahoo.com logoCanadian Utilities Stocks Under Review, Brookfield Renewable Partners, TransAlta Renewables, Boralex, and Northland Power
finance.yahoo.com - July 25 at 4:28 PM
americanbankingnews.com logoBoralex Inc. Expected to Earn Q3 2017 Earnings of ($0.20) Per Share (BLX)
www.americanbankingnews.com - July 20 at 8:43 AM
americanbankingnews.com logoBoralex Inc. Expected to Post Q4 2017 Earnings of $0.29 Per Share (BLX)
www.americanbankingnews.com - July 19 at 12:38 PM
fool.ca logoWhat Is the Future of Fossil Fuels? - The Motley Fool Canada
www.fool.ca - July 12 at 5:11 PM
finance.yahoo.com logoMedia Advisory - Boralex - Release of the 2017 Second Quarter Financial Results
finance.yahoo.com - July 10 at 4:38 PM
rttnews.com logoCanadian Stocks Are Falling Despite Strong Employment Data - Canadian Commentary
www.rttnews.com - July 8 at 9:20 AM
nasdaq.com logoTSX Retreats Along With Commodities, Rate Hike Eyed -- Canadian Commentary
www.nasdaq.com - July 8 at 9:20 AM
americanbankingnews.com logoBoralex Inc. (TSE:BLX) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 7 at 8:55 AM

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Chart

Boralex (BLX) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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