S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Dozens of animals taken from Virginia roadside zoo as part of investigation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Cows in Rotterdam harbor, seedlings on rafts in India; are floating farms the future?
New CBOE “special perk” helps traders target income every weekend (Ad)
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
New CBOE “special perk” helps traders target income every weekend (Ad)
Consumer product agency issues warning on small magnetic balls linked to deaths
Elon Musk restores X account of conspiracy theorist Alex Jones
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Dozens of animals taken from Virginia roadside zoo as part of investigation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Cows in Rotterdam harbor, seedlings on rafts in India; are floating farms the future?
New CBOE “special perk” helps traders target income every weekend (Ad)
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
New CBOE “special perk” helps traders target income every weekend (Ad)
Consumer product agency issues warning on small magnetic balls linked to deaths
Elon Musk restores X account of conspiracy theorist Alex Jones
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Dozens of animals taken from Virginia roadside zoo as part of investigation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Cows in Rotterdam harbor, seedlings on rafts in India; are floating farms the future?
New CBOE “special perk” helps traders target income every weekend (Ad)
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
New CBOE “special perk” helps traders target income every weekend (Ad)
Consumer product agency issues warning on small magnetic balls linked to deaths
Elon Musk restores X account of conspiracy theorist Alex Jones
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Dozens of animals taken from Virginia roadside zoo as part of investigation
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Cows in Rotterdam harbor, seedlings on rafts in India; are floating farms the future?
New CBOE “special perk” helps traders target income every weekend (Ad)
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
New CBOE “special perk” helps traders target income every weekend (Ad)
Consumer product agency issues warning on small magnetic balls linked to deaths
Elon Musk restores X account of conspiracy theorist Alex Jones

Boralex Stock Price, News & Analysis (TSE:BLX)

C$31.87
-0.10 (-0.31%)
(As of 12/8/2023 ET)
Compare
Today's Range
C$31.68
C$32.50
50-Day Range
C$25.73
C$32.15
52-Week Range
C$25.40
C$43.43
Volume
176,341 shs
Average Volume
279,771 shs
Market Capitalization
C$3.28 billion
P/E Ratio
44.89
Dividend Yield
2.07%
Price Target
C$42.85

Boralex MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
34.5% Upside
C$42.85 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$1.43 M Bought Last Quarter
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.

2.62 out of 5 stars


BLX stock logo

About Boralex Stock (TSE:BLX)

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.

BLX Stock Price History

BLX Stock News Headlines

Boralex Inc Cl A (BLX) Gets a Buy Rating from BMO Capital
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Boralex Inc Cl A (BLX) Received its Third Buy in a Row
BMO Capital Thinks Boralex Inc Cl A’s Stock is Going to Recover
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Housing, Retail Figures Due Next Week
Boralex Inc Cl A (BLX) Receives a Hold from RBC Capital
CIBC Thinks Boralex Inc Cl A’s Stock is Going to Recover
RBC Capital Sticks to Its Hold Rating for Boralex Inc Cl A (BLX)
Closing Bell: Boralex Inc down on Tuesday (BLX)
See More Headlines
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Company Calendar

Ex-Dividend for 9/18 Dividend
8/30/2023
Dividend Payable
9/18/2023
Last Earnings
11/09/2023
Ex-Dividend for 12/15 Dividend
11/29/2023
Today
12/10/2023
Dividend Payable
12/15/2023
Next Earnings (Estimated)
2/23/2024

Industry, Sector and Symbol

Industry
Utilities - Renewable
Sub-Industry
N/A
Sector
Utilities
CIK
N/A
Fax
N/A
Employees
746
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$42.85
High Stock Price Target
C$57.50
Low Stock Price Target
C$36.00
Potential Upside/Downside
+34.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
C$73 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.03 billion
Cash Flow
C$5.01 per share
Book Value
C$16.71 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.28 billion
Optionable
Not Optionable
Beta
0.38
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Key Executives

  • Mr. Patrick Decostre (Age 50)
    President, CEO & Director
    Comp: $1.1M
  • Mr. Bruno Guilmette (Age 57)
    CFO & EVP
    Comp: $784.21k
  • 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














BLX Stock Analysis - Frequently Asked Questions

Should I buy or sell Boralex stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BLX shares.
View BLX analyst ratings
or view top-rated stocks.

What is Boralex's stock price target for 2024?

8 analysts have issued 12-month price targets for Boralex's shares. Their BLX share price targets range from C$36.00 to C$57.50. On average, they predict the company's share price to reach C$42.85 in the next twelve months. This suggests a possible upside of 34.5% from the stock's current price.
View analysts price targets for BLX
or view top-rated stocks among Wall Street analysts.

How have BLX shares performed in 2023?

Boralex's stock was trading at C$40.02 at the beginning of the year. Since then, BLX stock has decreased by 20.4% and is now trading at C$31.87.
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 Friday, February 23rd 2024.
View our BLX earnings forecast
.

How were Boralex's earnings last quarter?

Boralex Inc. (TSE:BLX) posted its quarterly earnings results on Thursday, November, 9th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.08. The business had revenue of $178 million for the quarter, compared to analysts' expectations of $178.10 million. Boralex had a trailing twelve-month return on equity of 3.27% and a net margin of 7.11%.

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

Boralex declared a quarterly dividend on Thursday, November 9th. Investors of record on Thursday, November 30th will be paid a dividend of 0.165 per share on Friday, December 15th. This represents a $0.66 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for BLX
.

Is Boralex a good dividend stock?

Boralex (TSE:BLX) pays an annual dividend of C$0.66 per share and currently has a dividend yield of 2.10%. The dividend payout ratio is 92.96%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BLX.

What other stocks do shareholders of Boralex own?
How do I buy shares of Boralex?

Shares of BLX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:BLX) was last updated on 12/10/2023 by MarketBeat.com Staff

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