Boralex Stock Forecast, Price & News

+1.38 (+3.38 %)
(As of 04/20/2021 12:00 AM ET)
Today's Range
Now: C$42.19
50-Day Range
MA: C$40.53
52-Week Range
Now: C$42.19
Volume357,116 shs
Average Volume840,439 shs
Market CapitalizationC$4.33 billion
P/E Ratio76.71
Dividend Yield1.62%
Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, the United Kingdom, and the United States. As of December 31, 2020, the company had interests in 88 wind power stations with an installed capacity of 2,002 megawatts (MW); 16 hydroelectric power stations with a capacity of 181 MW; two thermal power stations with an installed capacity of 47 MW; and 10 solar power stations with an installed capacity of 225 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Ãnergie Inc. Boralex Inc. was founded in 1982 and is headquartered in Kingsey Falls, Canada.
Boralex logo

Industry, Sector and Symbol

Industry Utilities - Independent Power Producers
Year FoundedN/A



Sales & Book Value

Annual SalesC$633 million
Cash FlowC$2.60 per share
Book ValueC$9.64 per share



Market CapC$4.33 billion
Next Earnings Date5/5/2021 (Estimated)


CIBC Raises Boralex (TSE:BLX) Price Target to C$48.00
April 20, 2021 |  americanbankingnews.com
Boralex (TSE:BLX) Price Target Raised to C$52.00
April 20, 2021 |  americanbankingnews.com
Stocks in play: Boralex Inc. - Yahoo Canada Finance
April 17, 2021 |  ca.finance.yahoo.com
Stocks Rise by Noon - Baystreet.ca
April 15, 2021 |  baystreet.ca
Indices Hit Hard Tuesday - Baystreet.ca
March 24, 2021 |  baystreet.ca
See More Headlines


Overall MarketRank

1.35 out of 5 stars

Analyst Opinion: 3.3Community Rank: 2.6Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
+1.38 (+3.38 %)
(As of 04/20/2021 12:00 AM ET)
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Boralex (TSE:BLX) Frequently Asked Questions

Is Boralex a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Boralex stock.
View analyst ratings for Boralex
or view top-rated stocks.

What stocks does MarketBeat like better than Boralex?

Wall Street analysts have given Boralex a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Boralex wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Boralex's next earnings date?

Boralex is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Boralex

How were Boralex's earnings last quarter?

Boralex Inc. (TSE:BLX) announced its quarterly earnings data on Thursday, February, 25th. The company reported $0.28 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.36 by $0.08. The company had revenue of $193 million for the quarter, compared to the consensus estimate of $194 million.
View Boralex's earnings history

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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BLX stock has increased by 57.0% and is now trading at C$42.19.
View which stocks have been most impacted by COVID-19

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

Boralex declared a quarterly dividend on Thursday, February 25th. Investors of record on Monday, March 15th will be given a dividend of 0.165 per share on Monday, March 15th. This represents a $0.66 annualized dividend and a yield of 1.56%. The ex-dividend date is Thursday, February 25th.
View Boralex's dividend history

Is Boralex a good dividend stock?

Boralex pays an annual dividend of C$0.66 per share and currently has a dividend yield of 1.62%. The dividend payout ratio of Boralex is 120.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Boralex's dividend history.

What price target have analysts set for BLX?

8 Wall Street analysts have issued 1 year price targets for Boralex's shares. Their forecasts range from C$46.25 to C$65.00. On average, they anticipate Boralex's stock price to reach C$51.81 in the next year. This suggests a possible upside of 22.8% from the stock's current price.
View analysts' price targets for Boralex
or view top-rated stocks among Wall Street analysts.

Who are Boralex's key executives?

Boralex's management team includes the following people:
  • Mr. Patrick Decostre, Pres, CEO & Director
  • Mr. Bruno Guilmette, CFO & VP (Age 55, Pay $643.86k)
  • Mr. Pascal Hurtubise, VP, Chief Legal Officer & Corp. Sec.
  • Mr. Hugues Girardin, VP of Devel.
  • Mr. Stéphane Milot, Sr. Director of Investors Relations
  • Ms. Julie Cusson, VP of Public & Corp. Affairs
  • Ms. Marie-Josée Arsenault, VP of Talent & Culture

Who are some of Boralex's key competitors?

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 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$42.19.

How much money does Boralex make?

Boralex has a market capitalization of C$4.33 billion and generates C$633 million in revenue each year.

How many employees does Boralex have?

Boralex employs 527 workers across the globe.

What is Boralex's official website?

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

Where are Boralex's headquarters?

Boralex is headquartered at 36 Lajeunesse St, KINGSEY FALLS, QC J0A 1B0, Canada.

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 4/21/2021 by MarketBeat.com Staff
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