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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
5 Stocks to Buy Immediately (Ad)pixel
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
5 Stocks to Buy Immediately (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
5 Stocks to Buy Immediately (Ad)pixel
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
5 Stocks to Buy Immediately (Ad)pixel
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
5 Stocks to Buy Immediately (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
5 Stocks to Buy Immediately (Ad)pixel
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
5 Stocks to Buy Immediately (Ad)pixel
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
5 Stocks to Buy Immediately (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
5 Stocks to Buy Immediately (Ad)pixel
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
TSE:BLX

Boralex - BLX Stock Forecast, Price & News

C$41.15
+0.39 (+0.96%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
C$40.85
C$42.01
50-Day Range
C$35.39
C$41.15
52-Week Range
C$33.96
C$51.55
Volume
417,962 shs
Average Volume
263,034 shs
Market Capitalization
C$4.23 billion
P/E Ratio
137.17
Dividend Yield
1.60%
Price Target
C$46.50

Boralex MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
13.0% Upside
C$46.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.35mentions of Boralex in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.18 out of 5 stars


BLX stock logo

About Boralex (TSE:BLX) Stock

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2021, the company had interests in 90 wind power stations with an installed capacity of 2,032 megawatts (MW); 16 hydroelectric power stations with a capacity of 181 MW; 12 solar power stations with an installed capacity of 244 MW; and one thermal power station with an installed capacity of 35 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.

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BLX Stock News Headlines

Closing Bell: Boralex Inc up on Tuesday (BLX)
Did You See These Trend Reversals?
Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth. pixel
JP Morgan analyst: Oil to hit $380 per barrel
JP Morgan analysts have pegged the future price of oil at $380 per barrel. That would send oil companies skyrocketing. But there is one investment set to outperform all the rest.
A Look At The Fair Value Of Boralex Inc. (TSE:BLX)
Can Boralex Inc. (TSE:BLX) Improve Its Returns?
Boralex Third Quarter 2022 Earnings: Misses Expectations
Mini Streak Stopped at Two - Baystreet.ca
See More Headlines
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BLX Company Calendar

Ex-Dividend for 3/15 Dividend
2/27/2023
Dividend Payable
3/15/2023
Today
4/01/2023
Next Earnings (Estimated)
5/10/2023

Industry, Sector and Symbol

Industry
Utilities - Independent Power Producers
Sub-Industry
N/A
Sector
Utilities
CIK
N/A
Fax
N/A
Employees
562
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$46.50
High Stock Price Forecast
C$57.50
Low Stock Price Forecast
C$36.00
Forecasted Upside/Downside
+13.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
C$30 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$836 million
Cash Flow
C$6.47 per share
Book Value
C$16.36 per share

Miscellaneous

Free Float
N/A
Market Cap
C$4.23 billion
Optionable
Optionable
Beta
0.35

Key Executives

  • Mr. Patrick Decostre (Age 50)
    Pres, CEO & Director
    Comp: $1.07M
  • Mr. Bruno Guilmette (Age 57)
    CFO & EVP
    Comp: $610.29k
  • Mr. Pascal Hurtubise
    Exec. VP & Chief Legal Officer
  • Mr. Hugues Girardin
    Exec. VP & GM of North America
  • Mr. Nicolas Wolff
    Exec. VP & GM of Europe
  • Mr. Stéphane Milot
    Sr. Director of Investors Relations
  • Ms. Isabelle Fontaine
    Sr. VP of Corp. Public Affairs & Communications
  • Ms. Marie-Josée Arsenault
    Exec. VP and Chief People & Culture Officer
  • Ms. Julie Cusson
    Sr. VP of Enterprise Risk Management & CSR
  • Mr. Rabindra Nath Mishra
    Deputy Managing Director of Devel. Europe













BLX Stock - Frequently Asked Questions

Should I buy or sell Boralex stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BLX shares.
View BLX analyst ratings
or view top-rated stocks.

What is Boralex's stock price forecast for 2023?

7 brokerages have issued 1-year price objectives for Boralex's shares. Their BLX share price forecasts range from C$36.00 to C$57.50. On average, they expect the company's share price to reach C$46.50 in the next year. This suggests a possible upside of 13.0% from the stock's current price.
View analysts price targets for BLX
or view top-rated stocks among Wall Street analysts.

How have BLX shares performed in 2023?

Boralex's stock was trading at C$40.02 at the beginning of 2023. Since then, BLX shares have increased by 2.8% and is now trading at C$41.15.
View the best growth stocks for 2023 here
.

When is Boralex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our BLX earnings forecast
.

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

Boralex announced a quarterly dividend on Tuesday, February 14th. Stockholders of record on Tuesday, February 28th will be given a dividend of 0.165 per share on Wednesday, March 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date is Monday, February 27th.
Read our dividend analysis for BLX
.

Is Boralex a good dividend stock?

Boralex (TSE:BLX) pays an annual dividend of C$0.66 per share and currently has a dividend yield of 1.70%. The dividend payout ratio is 220.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BLX.

What other stocks do shareholders of Boralex own?
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 stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Boralex's stock price today?

One share of BLX stock can currently be purchased for approximately C$41.15.

How much money does Boralex make?

Boralex (TSE:BLX) has a market capitalization of C$4.23 billion and generates C$836 million in revenue each year. The company earns C$30 million in net income (profit) each year or C$0.30 on an earnings per share basis.

How many employees does Boralex have?

The company employs 562 workers across the globe.

How can I contact Boralex?

Boralex's mailing address is 36 Lajeunesse St, KINGSEY FALLS, QC J0A 1B0, Canada. The official website for the company is www.boralex.com. The company can be reached via phone at +1-819-3636363.

This page (TSE:BLX) was last updated on 4/1/2023 by MarketBeat.com Staff