TSE:BLXBoralex Stock Price, Forecast & News

C$28.18

+0.05 (+0.18 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

C$27.78

Now: C$28.18▼

C$28.18

50-Day Range

C$26.15

MA: C$28.17▼

C$29.89

52-Week Range

C$17.91

Now: C$28.18▼

C$32.04

Volume147,022 shs

Average Volume360,496 shs

Market CapitalizationC$2.71 billion

P/E RatioN/A

Dividend Yield2.35%

BetaN/A

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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Boralex 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/Downside
According to analysts' consensus price target of C$32.08, Boralex has a potential upside of 13.9% from its current price of C$28.18.
Amount of Analyst Coverage
Boralex has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
Boralex has received 306 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Boralex has received 279 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Boralex 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.

1.7 Dividend Strength

Dividend Leadership
Boralex is a leading dividend payer. It pays a dividend yield of 2.35%, 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.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Boralex insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Earnings Growth
Earnings 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 Market
The P/E ratio of Boralex is -94.88, 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 -94.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Boralex has a PEG Ratio of 2.48. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Boralex has a P/B Ratio of 3.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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+1-819-3636363

Debt

Debt-to-Equity Ratio405.99

Current Ratio1.28

Quick Ratio1.21

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio67.10

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 / Book3.24

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees410

Outstanding Shares96,326,000

Market CapC$2.71 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BLX shares have increased by 4.9% and is now trading at C$28.18. 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 results on Wednesday, May, 6th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.35 by $0.08. The business had revenue of $200 million for the quarter, compared to analyst estimates of $200 million. View Boralex's earnings history.

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

Boralex announced a quarterly dividend on Thursday, May 28th. Stockholders of record on Monday, June 15th will be given a dividend of 0.165 per share on Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a dividend 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 analysts have issued 1 year price objectives for Boralex's shares. 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 year. This suggests a possible upside of 13.9% from the stock's current price. View analysts' price targets for Boralex.

Has Boralex been receiving favorable news coverage?

Headlines about BLX stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Boralex earned a daily sentiment score of -3.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutBoralex.

Who are some of Boralex's key competitors?

Some companies that are related to Boralex include AGL Energy (AGL), Algonquin Power & Utilities (AQN), Uniper (UN01), Northland Power (NPI), Mercury NZ (MCY), 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) and Polaris Infrastructure (PIF). 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 Relations
Ms. 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$28.18.

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 6/2/2020 by MarketBeat.com Staff