TSE:BLXBoralex Stock Price, Forecast & News

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 stock has increased by 16.6% and is now trading at C$31.33. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last year. There are currently 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Boralex.

Boralex is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Boralex.

Boralex Inc. (TSE:BLX) released its quarterly earnings data on Wednesday, May, 6th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.08. The business earned $200 million during the quarter, compared to analyst estimates of $200 million. View Boralex's earnings history.

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 dividend yield of 2.11%. The ex-dividend date is Thursday, May 28th. View Boralex's dividend history.

5 analysts have issued 12 month price targets for Boralex's stock. Their forecasts range from C$29.00 to C$34.00. On average, they anticipate Boralex's share price to reach C$32.33 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View analysts' price targets for Boralex.

Media headlines about BLX stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Boralex earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Boralex.

Some companies that are related to Boralex include AGL Energy (AGL), Uniper (UN01), Algonquin Power & Utilities (AQN), 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.

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).

Boralex trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BLX."

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.

One share of BLX stock can currently be purchased for approximately C$31.33.

Boralex has a market capitalization of C$3.02 billion and generates C$603 million in revenue each year. Boralex employs 410 workers across the globe.

The official website for Boralex is www.boralex.com.

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.