TSE:BLX - Boralex Stock Price, Price Target & More

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C$21.93 +0.09 (+0.41 %)

(As of 05/25/2018 08:00 AM ET)

Previous CloseC$21.84

Today's RangeC$21.65 - C$21.98

52-Week RangeC$20.90 - C$25.03

Volume82,976 shs

Average Volume151,507 shs

Market CapitalizationC$1.70 billion

P/E RatioN/A

Dividend Yield2.98%

Beta0.1

About Boralex (TSE:BLX)

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.

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Industry, Sector and Symbol

Industry Utilities - Independent Power Producers

Sub-IndustryN/A

SectorUtilities

SymbolTSE:BLX

CUSIPN/A

Webwww.boralex.com

Phone+1-819-3636363

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / CashN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net Margins20.61%

Return on Equity13.67%

Return on Assets2.81%

Miscellaneous

EmployeesN/A

Outstanding Shares76,255,000

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 Tuesday, February 27th. Investors of record on Thursday, March 15th will be paid a dividend of 0.15 per share on Thursday, March 15th. This represents a $0.60 annualized dividend and a yield of 2.74%. The ex-dividend date of this dividend is Tuesday, February 27th. View Boralex's Dividend History.

How were Boralex's earnings last quarter?

Boralex (TSE:BLX) issued its quarterly earnings data on Friday, March, 2nd. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.08. The business had revenue of $129 million for the quarter, compared to the consensus estimate of $133.70 million. Boralex had a return on equity of 13.67% and a net margin of 20.61%. View Boralex's Earnings History.

When is Boralex's next earnings date?

Boralex is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Boralex.

What price target have analysts set for BLX?

3 equities research analysts have issued 1-year target prices for Boralex's shares. Their forecasts range from C$25.00 to C$27.00. On average, they anticipate Boralex's stock price to reach C$25.94 in the next year. View Analyst Ratings for Boralex.

Who are some of Boralex's key competitors?

Some companies that are related to Boralex include RUSHYDRO PJSC/S (RSHYY), Algonquin Power & Utilities (AQN), Northland Power (NPI), TransAlta Renewables (RNW), TransAlta (TA), Innergex Renewable Energy (INE), Contourglobal (GLO), Drax Group (DRX), Encavis (CAP), Energy World (EWC), Polaris Infrastructure (PIF), Aggregated Micro Power (AMPH), Mil Resources (IGE), Ocean Thermal Energy (CPWR) and H/Cell Energy (HCCC).

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. Hugues Girardin, VP of Devel.
Mr. Sylvain Aird, VP of Europe Bus. Devel.
Mr. Patrick Decostre, VP

Has Boralex been receiving favorable news coverage?

News headlines about BLX stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Boralex earned a daily sentiment score of 0.18 on Accern's scale. They also gave headlines about the company an impact score of 45.89 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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$21.93.

How big of a company is Boralex?

Boralex has a market capitalization of C$1.70 billion.

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 (BLX)

Community Ranking:		2.8 out of 5 ( )
Outperform Votes:		201 (Vote Outperform)
Underperform Votes:		154 (Vote Underperform)
Total Votes:		355

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.

Boralex (TSE:BLX) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

3 Wall Street analysts have issued ratings and price targets for Boralex in the last 12 months. Their average twelve-month price target is C$25.94, suggesting that the stock has a possible upside of 18.27%. The high price target for BLX is C$27.00 and the low price target for BLX is C$25.00. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Buy	Buy
Consensus Rating Score:	2.67	2.80	2.80	3.00
Ratings Breakdown:	0 Sell Rating(s) 1 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 1 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 1 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	C$25.94	C$25.61	C$25.28	C$25.08
Price Target Upside:	18.27% upside	12.63% upside	10.67% upside	14.64% upside

Boralex (TSE:BLX) Consensus Price Target History

Price Target History for Boralex (TSE:BLX)

Boralex (TSE:BLX) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target
5/10/2018	TD Securities	Boost Price Target		C$26.00 ➝ C$27.00
4/23/2018	National Bank Financial	Boost Price Target	Outperform	C$26.00 ➝ C$27.00
4/23/2018	BMO Capital Markets	Reiterated Rating	Outperform	C$25.50
4/23/2018	Desjardins	Boost Price Target		C$25.50 ➝ C$26.00
1/26/2018	Industrial Alliance Securities	Downgrade	Buy ➝ Hold	C$25.00
1/11/2018	Canaccord Genuity	Boost Price Target		C$25.00 ➝ C$26.00
11/13/2017	CIBC	Boost Price Target		C$24.50 ➝ C$25.00
10/24/2017	Raymond James	Boost Price Target		C$24.50 ➝ C$26.00
5/5/2017	Royal Bank of Canada	Boost Price Target	Outperform	C$23.00 ➝ C$24.00
10/31/2016	AltaCorp Capital	Reiterated Rating	Outperform

(Data available from 5/25/2016 forward)

Boralex (TSE:BLX) Earnings History and Estimates Chart

Earnings by Quarter for Boralex (TSE:BLX)

Boralex (TSE:BLX) Earnings Estimates

2018 EPS Consensus Estimate: $0.47

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2018	1	$0.39	$0.39	$0.39
Q2 2018	1	($0.08)	($0.08)	($0.08)
Q3 2018	1	($0.20)	($0.20)	($0.20)
Q4 2018	1	$0.36	$0.36	$0.36

Boralex (TSE BLX) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
8/8/2018
3/2/2018	Q4 2017	C$0.24	C$0.32	C$133.70 million	C$129.00 million	View	N/A
11/10/2017	Q3 2017	C($0.24)	C($0.22)	C$84.70 million	C$74.00 million	View	N/A
8/9/2017	Q2 2017	C($0.12)	C($0.02)	C$91.60 million	C$92.00 million	View	N/A
5/4/2017	Q1 2017	C$0.35	C$0.21	C$125.30 million	C$119.00 million	View	N/A
3/3/2017	Q4 2016	C$0.18	C($0.07)	C$83.80 million	C$74.14 million	View	N/A
11/9/2016	Q3 2016	C($0.14)	C($0.16)	C$62.40 million	C$53.90 million	View	N/A
8/4/2016	Q2 2016	C($0.04)	C($0.11)	C$71.70 million	C$65.00 million	View	N/A
5/11/2016	Q1 2016	C$0.30	C$0.30	C$107.05 million	C$106.00 million	View	N/A
2/24/2016	Q4 2015	C$0.17	C$0.09	C$85.50 million	C$95.43 million	View	N/A
11/4/2015	Q3 2015	C($0.16)	C($0.29)	C$51.95 million	C$65.42 million	View	N/A
8/5/2015	Q2 2015		C($0.10)	C$62.65 million	C$58.19 million	View	N/A
5/6/2015	Q1 2015	C$0.18	C$0.19	C$82.05 million	C$91.50 million	View	N/A
2/19/2015	Q4 2014	C$0.13	C$0.08	C$64.20 million	C$67.70 million	View	N/A
11/5/2014	Q3 2014	C($0.18)	C($0.25)	C$39.67 million	C$43.14 million	View	N/A
8/6/2014		C($0.03)	C($0.13)	C$48.33 million	C$53.79 million	View	N/A
5/7/2014		C$0.16	C$0.18	C$58.50 million	C$62.93 million	View	N/A
2/19/2014	Q4 2013	C($0.06)	C$0.01	C$46.60 million	C$49.83 million	View	N/A
11/6/2013	Q3 2013	C($0.22)	C($0.25)	C$30.27 million	C$30.58 million	View	N/A
8/7/2013	Q2 2013	C($0.11)	C($0.03)	C$35.90 million	C$40.58 million	View	N/A
5/8/2013	Q1 2013	C$0.02	C$0.11	C$50.75 million	C$51.05 million	View	N/A
2/20/2013	Q4 2012	C$0.01	C$0.01			View	N/A
11/7/2012	Q3 2012	C($0.16)	C($0.25)			View	N/A
8/8/2012	Q2 2012	C($0.09)	C($0.15)			View	N/A
5/9/2012	Q1 2012	C$0.14	C$0.14			View	N/A
2/21/2012	Q4 2011	C$0.03	C$0.01			View	N/A
11/9/2011	Q3 2011	C($0.18)	C($0.08)			View	N/A
8/5/2011	Q2 2011	C($0.06)	C($0.14)			View	N/A
5/11/2011	Q1 2011	C$0.16	C$0.15			View	N/A
2/23/2011	Q4 2010	C$0.09	C$0.04			View	N/A
11/11/2010	Q3 2010	C($0.05)	C$0.07			View	N/A
8/6/2010	Q2 2010	C$0.07	C($0.15)			View	N/A
5/10/2010	Q1 2010	C$0.16	C$0.15			View	N/A
2/25/2010	Q4 2009	C$0.10	C$0.15			View	N/A
11/11/2009	Q3 2009	C$0.05	C$0.02			View	N/A
8/7/2009	Q2 2009	C$0.08	C$0.05			View	N/A
5/11/2009	Q1 2009	C$0.25	C$0.19			View	N/A
2/26/2009	Q4 2008	C$0.19	C$0.12			View	N/A
11/12/2008	Q3 2008	C$0.08	C$0.15			View	N/A
8/8/2008	Q2 2008	C$0.13	C$0.03			View	N/A
5/12/2008	Q1 2008	C$0.28	C$0.24			View	N/A
2/29/2008	Q4 2007	C$0.14	C$0.15			View	N/A

(Earnings results data provided by Zacks Investment Research)

Boralex (TSE:BLX) Dividend Information

Boralex pays an annual dividend of C$0.60 per share, with a dividend yield of 2.74%. BLX's most recent quarterly dividend payment was Thursday, March 15.

Most Recent Dividend:	3/15/2018
Annual Dividend:	$0.60
Dividend Yield:	2.74%
Payout Ratio(s):	N/A

Dividend Payments by Quarter for Boralex (TSE:BLX)

Boralex (TSE:BLX) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
2/27/2018	Quarterly	$0.15	2.58%	2/27/2018	3/15/2018	3/15/2018
8/9/2017	Quarterly	$0.15		8/29/2017	8/31/2017	9/18/2017
8/5/2015		$0.0986		8/27/2015	8/31/2015	9/16/2015
5/6/2015		$0.1082		5/27/2015	5/29/2015	6/15/2015
2/9/2015		$0.1044		2/25/2015	2/27/2015	3/16/2015
11/25/2014	Quarterly	$0.13	3.94%	11/25/2014	12/15/2014	12/15/2014
8/6/2014	quarterly	$0.13		8/27/2014	8/29/2014	9/16/2014
5/7/2014		$0.1194		5/28/2014	5/30/2014	6/16/2014
2/19/2014		$0.1189		2/26/2014	2/28/2014	3/17/2014

(Data available from 1/1/2013 forward)

Boralex (TSE BLX) Insider Trading and Institutional Ownership History

Insider Trading History for Boralex (TSE:BLX)

Boralex (TSE BLX) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
3/12/2018	Patrick Decostre	Director	Buy	750	C$22.40	C$16,800.00
11/15/2017	Marie Giguère	Director	Buy	3,000	C$22.18	C$66,540.00
9/8/2017	Michelle Samson-Doel	Director	Sell	2,000	C$22.40	C$44,800.00
8/30/2017	Michelle Samson-Doel	Director	Sell	10,000	C$21.90	C$219,000.00
8/22/2017	Michelle Samson-Doel	Director	Sell	1,400	C$22.05	C$30,870.00
8/16/2017	Michelle Samson-Doel	Director	Sell	2,000	C$22.10	C$44,200.00
8/15/2017	Michelle Samson-Doel	Director	Sell	4,000	C$22.00	C$88,000.00
6/6/2016	Alain Lemaire	Director	Sell	2,500	C$18.67	C$46,675.00
9/16/2015	Robert F Hall	Director	Buy	1,100	C$12.20	C$13,420.00
9/11/2015	Robert F Hall	Director	Buy	1,000	C$12.09	C$12,090.00
9/10/2015	Mario Plourde	Director	Buy	2,000	C$12.10	C$24,200.00
9/1/2015	Sylvie Lemaire	Director	Buy	7,800	C$12.89	C$100,542.00
5/7/2015	Sylvie Lemaire	Director	Buy	3,600	C$14.04	C$50,544.00
3/13/2015	Patrick Decostre	Director	Sell	1,700	C$13.37	C$22,729.00

(Data available from 1/1/2013 forward)

Boralex (TSE BLX) News Headlines

Source:

Date	Headline
	Boralex Inc (TSE:BLX): What You Have To Know Before Buying For The Upcoming Dividend finance.yahoo.com - May 21 at 4:43 PM
	Boralex (BLX) Shares Cross Below 200 DMA www.nasdaq.com - May 15 at 5:11 PM
	National Bank Financial Comments on Boralex's Q2 2018 Earnings (BLX) www.americanbankingnews.com - May 14 at 1:38 AM
	National Bank Financial Equities Analysts Increase Earnings Estimates for Boralex (BLX) www.americanbankingnews.com - May 11 at 10:52 AM
	Boralex (BLX) Given New C$27.00 Price Target at TD Securities www.americanbankingnews.com - May 10 at 5:37 PM
	Edited Transcript of BLX.TO earnings conference call or presentation 9-May-18 1:00pm GMT finance.yahoo.com - May 10 at 9:15 AM
	Boralex announces election of directors finance.yahoo.com - May 9 at 4:51 PM
	Boralex reports continued growth with improved results for the first quarter of 2018 and increases its dividend by 5% finance.yahoo.com - May 9 at 9:07 AM
	/R E P E A T -- Advisory - Boralex - Release of the 2018 First Quarter Financial Results/ finance.yahoo.com - May 8 at 9:02 AM
	Boralex (BLX) to Release Quarterly Earnings on Wednesday www.americanbankingnews.com - May 5 at 10:51 AM
	Should You Be Tempted To Sell Boralex Inc (TSE:BLX) Because Of Its PE Ratio? finance.yahoo.com - April 30 at 4:43 PM
	Today’s Research Reports on EcoSynthetix, Boralex, Eguana Technologies and Polaris Infrastructure finance.yahoo.com - April 27 at 9:31 AM
	FY2018 Earnings Estimate for Boralex Inc. (BLX) Issued By National Bank Financial www.americanbankingnews.com - April 25 at 9:27 AM
	Boralex Inc. to Post Q1 2018 Earnings of $0.39 Per Share, National Bank Financial Forecasts (BLX) www.americanbankingnews.com - April 24 at 7:36 AM
	Boralex (BLX) PT Raised to C$27.00 www.americanbankingnews.com - April 23 at 2:24 PM
	Desjardins Increases Boralex (BLX) Price Target to C$26.00 www.americanbankingnews.com - April 23 at 2:24 PM
	Boralex (BLX) Given a C$25.50 Price Target at BMO Capital Markets www.americanbankingnews.com - April 23 at 2:24 PM
	Boralex Breaks Above 200-Day Moving Average - Bullish for BLX www.nasdaq.com - April 20 at 4:46 PM
	Boralex enters into a purchase agreement to acquire the Kallista Energy Investment SAS finance.yahoo.com - April 20 at 9:13 AM
	Boralex (BLX) PT Raised to C$25.00 at CIBC www.americanbankingnews.com - April 16 at 9:48 PM
	Advisory - Boralex - Release of the 2018 First Quarter Financial Results finance.yahoo.com - April 9 at 9:14 AM
	Raymond James Financial Increases Boralex (BLX) Price Target to C$26.00 www.americanbankingnews.com - April 5 at 6:52 PM
	Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ will invest up to C$300 million CA by way of an unsecured subordinated loan to Boralex finance.yahoo.com - March 30 at 9:08 AM
	Today’s Research Reports on EcoSynthetix, Titanium, Boralex, and Eguana Technologies finance.yahoo.com - March 29 at 9:22 AM
	Edited Transcript of BLX.TO earnings conference call or presentation 2-Mar-18 4:00pm GMT finance.yahoo.com - March 18 at 9:00 AM
	Boralex Inc. (BLX) Director Buys C$16,800.00 in Stock www.americanbankingnews.com - March 13 at 4:20 PM
	FY2018 EPS Estimates for Boralex Inc. Cut by National Bank Financial (BLX) www.americanbankingnews.com - March 7 at 11:50 AM
	/R E P E A T -- Advisory - Boralex - Release of the 2017 Fourth Quarter and Fiscal Year-End Financial Results (change of time)/ finance.yahoo.com - March 1 at 8:52 AM
	Boralex closes €136 million of financing in France finance.yahoo.com - February 28 at 9:00 AM
	Boralex (BLX) Set to Announce Quarterly Earnings on Friday www.americanbankingnews.com - February 23 at 1:14 AM
	Boralex Inc. Plans Quarterly Dividend of $0.15 (BLX) www.americanbankingnews.com - February 22 at 10:48 AM
	Boralex: Dividend Declaration finance.yahoo.com - February 12 at 9:24 AM
	National Bank Financial Lowers Boralex (BLX) Price Target to C$26.00 www.americanbankingnews.com - February 12 at 12:32 AM
	Advisory - Boralex - Release of the 2017 Fourth Quarter and Fiscal Year-End Financial Results (change of time) finance.yahoo.com - February 9 at 9:27 AM
	Advisory - Boralex - Release of the 2017 Fourth Quarter and Fiscal Year-End Financial Results finance.yahoo.com - February 2 at 9:25 AM
	Boralex (BLX) Downgraded to Hold at Industrial Alliance Securities www.americanbankingnews.com - January 26 at 3:18 PM
	FY2018 EPS Estimates for Boralex Inc. (BLX) Reduced by Analyst www.americanbankingnews.com - January 25 at 12:18 PM
	Boralex (BLX) Given New C$27.00 Price Target at National Bank Financial www.americanbankingnews.com - January 24 at 7:18 PM
	Boralex (BLX) Price Target Raised to C$26.00 www.americanbankingnews.com - January 11 at 9:38 PM
	ETFs with exposure to Boralex, Inc. : December 28, 2017 finance.yahoo.com - December 28 at 4:50 PM
	Fieldex Exploration and Idénergie Sign Letter of Intent for $1 Million Investment by a Strategic Investor in Idénergie finance.yahoo.com - December 27 at 5:55 PM
	Marie Giguère Joins Boralex's Board of Directors finance.yahoo.com - December 7 at 5:19 PM
	Patrick Lemaire Named CEO of the Year, SME Category, by Les Affaires Magazine finance.yahoo.com - December 6 at 10:03 AM
	Boralex Inc. (BLX) to Post FY2017 Earnings of $0.22 Per Share, National Bank Financial Forecasts www.americanbankingnews.com - December 4 at 1:26 AM
	National Bank Financial Increases Boralex (BLX) Price Target to C$26.00 www.americanbankingnews.com - November 30 at 3:12 PM
	ETFs with exposure to Boralex, Inc. : November 27, 2017 finance.yahoo.com - November 27 at 6:31 PM
	Boralex Inc. (BLX) PT Raised to C$26.00 at TD Securities www.americanbankingnews.com - November 26 at 7:50 PM
	Boralex Inc. (BLX) PT Raised to C$25.00 at CIBC www.americanbankingnews.com - November 26 at 7:50 PM
	Boralex closes the financing of Moose Lake wind farm project finance.yahoo.com - November 24 at 11:28 AM
	Patrick Lemaire ranked in Top 100 Power People report finance.yahoo.com - November 16 at 12:04 PM

Boralex (TSE:BLX) SEC Filings

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Ownership Filings:

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Boralex (TSE BLX) Stock Chart for Friday, May, 25, 2018

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This page was last updated on 5/25/2018 by MarketBeat.com Staff