TSE:BLXBoralex Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Boralex Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$28.15 -0.50 (-1.75 %) (As of 06/1/2020 03:59 PM ET) Add Compare Share Today's RangeC$27.74Now: C$28.15▼C$28.7550-Day RangeC$24.09MA: C$27.83▼C$29.8952-Week RangeC$17.91Now: C$28.15▼C$32.04Volume125,797 shsAverage Volume361,941 shsMarket CapitalizationC$2.71 billionP/E RatioN/ADividend Yield2.30%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Boralex Inc., together with its subsidiaries, develops, constructs, and operates renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2018, the company had interests in 81 wind power stations with an installed capacity of 1,723 megawatts (MW); 15 hydroelectric power stations with a capacity of 156 MW; 2 thermal power stations with an installed capacity of 47 MW; and 3 solar power stations with an installed capacity of 16 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. The company was founded in 1982 and is headquartered in Kingsey Falls, Canada.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingBoralex has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$32.08, Boralex has a potential upside of 14.0% from its current price of C$28.15.Amount of Analyst CoverageBoralex has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesBoralex has received 306 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBoralex has received 279 “underperform” votes. (Add your “underperform” vote.)Community SentimentBoralex has received 52.31% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Boralex and other stocks. Vote “Outperform” if you believe BLX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BLX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipBoralex is a leading dividend payer. It pays a dividend yield of 2.30%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBoralex does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Boralex insiders have not sold or bought any company stock. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Boralex are expected to decrease by -100.00% in the coming year, from C$0.42 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Boralex is -94.78, 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. SectorThe P/E ratio of Boralex is -94.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioBoralex has a PEG Ratio of 2.48. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBoralex has a P/B Ratio of 3.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.54 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Utilities - Independent Power Producers Sub-IndustryN/A SectorUtilities Current SymbolTSE:BLX Previous Symbol CUSIPN/A CIKN/A Webwww.boralex.com Phone+1-819-3636363Debt Debt-to-Equity Ratio405.99 Current Ratio1.28 Quick Ratio1.21Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio67.02 P/E Growth2.48 Sales & Book Value Annual SalesC$603 million Price / Sales4.50 Cash FlowC$2.97 per share Price / Cash Flow9.47 Book ValueC$8.71 per share Price / Book3.23Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees410 Outstanding Shares96,326,000Market CapC$2.71 billion Next Earnings Date8/13/2020 (Estimated) OptionableOptionable TSX:BLX Rates by TradingView Receive BLX News and Ratings via Email Sign-up to receive the latest news and ratings for BLX and its competitors with MarketBeat's FREE daily newsletter. Boralex (TSE:BLX) Frequently Asked Questions How has Boralex's stock been impacted by COVID-19 (Coronavirus)? Boralex's stock was trading at C$26.87 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BLX stock has increased by 4.8% and is now trading at C$28.15. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Boralex? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Boralex. When is Boralex's next earnings date? Boralex is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Boralex. How were Boralex's earnings last quarter? Boralex Inc. (TSE:BLX) posted its quarterly earnings data on Wednesday, May, 6th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.35 by $0.08. The company had revenue of $200 million for the quarter, compared to the consensus estimate of $200 million. View Boralex's earnings history. How often does Boralex pay dividends? What is the dividend yield for Boralex? Boralex declared a quarterly dividend on Thursday, May 28th. Investors of record on Monday, June 15th will be paid a dividend of 0.165 per share on Monday, June 15th. This represents a $0.66 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Thursday, May 28th. View Boralex's dividend history. What price target have analysts set for BLX? 6 brokers have issued 12-month target prices for Boralex's stock. Their forecasts range from C$29.00 to C$34.00. On average, they expect Boralex's share price to reach C$32.08 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price. View analysts' price targets for Boralex. Has Boralex been receiving favorable news coverage? Media stories about BLX stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Boralex earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutBoralex. Who are some of Boralex's key competitors? Some companies that are related to Boralex include Algonquin Power & Utilities (AQN), Uniper (UN01), Mercury NZ (MCY), Northland Power (NPI), Contact Energy (CEN), TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Infratil (IFT), TransAlta (TA), Encavis (CAP), Contourglobal (GLO), Drax Group (DRX), New Energy Solar (NEW), Polaris Infrastructure (PIF) and Zenith Energy (ZEN). View all competitors. What other stocks do shareholders of Boralex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Boralex investors own include Fortis (FTS), Enbridge (ENB), RioCan Real Estate Investment Trust (REI.UN), Bank of Nova Scotia (BNS), Power Financial (PWF), Algonquin Power & Utilities (AQN), Bombardier, Inc. Class B (BBD.B), Air Canada (AC), Cascades (CAS) and General Electric (GE). Who are Boralex's key executives? Boralex's management team includes the following people: Mr. Patrick Lemaire, Pres, CEO & Director (Age 55)Mr. Pascal Hurtubise, VP, Chief Legal Officer & Corp. Sec.Mr. Bruno Guilmette, CFO & VP (Age 53)Mr. Stéphane Milot, Director of Investor RelationsMs. Julie Cusson, Director of Public Affairs & Communications What is Boralex's stock symbol? Boralex trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BLX." How do I buy shares of Boralex? Shares of BLX 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 BLX stock can currently be purchased for approximately C$28.15. How big of a company is Boralex? Boralex has a market capitalization of C$2.71 billion and generates C$603 million in revenue each year. Boralex employs 410 workers across the globe. What is Boralex's official website? The official website for Boralex is www.boralex.com. How can I contact Boralex? Boralex's mailing address is 36 Lajeunesse St, KINGSEY FALLS, QC J0A 1B0, Canada. The company can be reached via phone at +1-819-3636363. This page was last updated on 6/1/2020 by MarketBeat.com Staff
