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, 2017, the company had interests in 55 wind power stations with an installed capacity of 1,237 megawatts (MW); 15 hydroelectric power stations with a capacity of 172 MW; 2 thermal power stations with an installed capacity of 47 MW; and 3 solar power facilities 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.
Industry, Sector and Symbol
Stock Exchange TSE
Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
Current SymbolTSE:BLX
Previous Symbol
CUSIPN/A
Phone+1-819-3636363
Debt
Debt-to-Equity Ratio356.49
Current Ratio0.67
Quick Ratio0.47
Price-To-Earnings
Trailing P/E Ratio-85.14
Forward P/E Ratio38.40
P/E Growth-3
Sales & Book Value
Annual SalesC$461 million
Price / Sales3.49
Cash FlowC$1.36 per share
Price / Cash Flow13.30
Book ValueC$9.93 per share
Price / Book1.82
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees370
Outstanding Shares89,142,000
Market CapC$0.00
OptionableOptionable
Boralex (TSE:BLX) Frequently Asked Questions
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 Thursday, November 29th. Stockholders of record on Monday, December 17th will be paid a dividend of 0.165 per share on Monday, December 17th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date is Thursday, November 29th. This is a boost from Boralex's previous quarterly dividend of $0.16. View Boralex's Dividend History.
How were Boralex's earnings last quarter?
Boralex Inc. (TSE:BLX) released its quarterly earnings results on Friday, November, 9th. The company reported ($0.43) earnings per share for the quarter, missing analysts' consensus estimates of ($0.38) by $0.05. The company had revenue of $79 million for the quarter, compared to the consensus estimate of $88 million. View Boralex's Earnings History.
When is Boralex's next earnings date?
What price target have analysts set for BLX?
6 brokerages have issued 12-month price objectives for Boralex's shares. Their forecasts range from C$21.00 to C$26.00. On average, they anticipate Boralex's share price to reach C$23.72 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price. View Analyst Price Targets for Boralex.
What is the consensus analysts' recommendation for Boralex?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last year. There are currently 4 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Boralex.
Has Boralex been receiving favorable news coverage?
Headlines about BLX stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Boralex earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.
Who are some of Boralex's key competitors?
Some companies that are related to Boralex include Aggregated Micro Power (AMPH), AGL Energy (AGL), AGL ENERGY Ltd/ADR (AGLNY), Algonquin Power & Utilities (AQN), CGE ENERGY Inc/SH SH (CGEI), Clean Energy Technologies (CETY), Contourglobal (GLO), Drax Group (DRX), DRAX Grp PLC/ADR (DRXGY), Encavis (CAP), Energy World (EWC), Far East Wind Power (FEWP), Green & Smart (GSH), H CELL ENERGY C/SH SH (HCCC) and Infratil (IFT).
Who are Boralex's key executives?
Boralex's management team includes the folowing people:
- Mr. Patrick Lemaire, Pres, CEO & Director (Age 54)
- Mr. Jean-François Thibodeau FCA, VP & CFO
- Mr. Sylvain Aird, VP of Europe Bus. Devel. (Age 47)
- Mr. Patrick Decostre, VP & GM of Boralex Europe
- Mr. Denis Aubut, Gen. Mang. of Operations
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$18.05.
What is Boralex's official website?
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.
MarketBeat Community Rating for Boralex (TSE BLX)
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.
