Boralex Inc. is a power producer that develops, constructs and operates renewable energy power stations. The Company's segments include wind, hydroelectric, thermal and solar. It operates an asset base with a capacity of approximately 1,260 megawatts (MW), of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States. It operates approximately 870 MW wind power portfolio of assets in France and Canada. It also owns the rights to portfolio of wind power projects in France. It is also a wind power operator in Canada with an installed capacity of approximately 550 MW in Quebec and Ontario. It owns over two thermal power stations with a total installed capacity of approximately 50 MW, consisting of over 30 MW wood-residue power station in Quebec and approximately 10 MW natural gas cogeneration power station in France. It operates over three solar power facilities in France and in Canada.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:BLX
CUSIPN/A
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 declared a quarterly dividend on Tuesday, February 27th. Stockholders of record on Thursday, March 15th will be given a dividend of 0.15 per share on Thursday, March 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date of this dividend is Tuesday, February 27th. View Boralex's Dividend History.
How were Boralex's earnings last quarter?
Boralex Inc. (TSE:BLX) released its quarterly earnings results on Friday, March, 2nd. The company reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.08. The company earned $129 million during the quarter, compared to analysts' expectations 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?
What price target have analysts set for BLX?
5 analysts have issued 1 year price objectives for Boralex's shares. Their forecasts range from C$24.00 to C$26.00. On average, they anticipate Boralex's stock price to reach C$25.44 in the next twelve months. View Analyst Ratings for Boralex.
Who are some of Boralex's key competitors?
Some companies that are related to Boralex include Chartwell Retirement Residences (CSH.UN), Colliers International Group (CIG), Stella-Jones (SJ), Colliers International Gr (CIGI), Yamana Gold (YRI), Whitecap Resources (WCP), Winpak (WPK), FirstService (FSV), Canadian Western Bank (CWB), Pan American Silver (PAA), Pan American Silver (PAAS), Iamgold (IMG), TransAlta Renewables (RNW), TFI International (TFII), TFI International (TFI), Descartes Systems Group (DSG), WestJet Airlines (WJA) and Cott (BCB).
Who are Boralex's key executives?
Boralex's management team includes the folowing people:
- Alain Ducharme, Independent Chairman of the Board (Age 61)
- Patrick Lemaire, President, Chief Executive Officer, Director (Age 53)
- Jean-Francois Francois Thibodeau, Chief Financial Officer, Vice President
- Guy Daoust, Vice President - Finance
- Pascal Hurtubise, Vice President, Corporate Secretary, Chief Legal Officer
- Patrick Decostre, Vice President, General Manager, Boralex Europe
- Hugues Girardin, Vice President - Development
- Denis Aubut, General Manager - Operations
- Michelle Samson-Doel CPA, Lead Independent Director (Age 58)
- Marie Giguere, Director (Age 65)
Has Boralex been receiving favorable news coverage?
Media coverage about BLX stock has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Boralex earned a daily sentiment score of 0.24 on Accern's scale. They also gave media stories about the company an impact score of 45.65 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
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$22.35.
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)
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?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Boralex in the last 12 months. Their average twelve-month price target is C$25.44, suggesting that the stock has a possible upside of 13.81%. The high price target for BLX is C$26.00 and the low price target for BLX is C$24.00. There are currently 1 hold rating and 4 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: | 2.80 | 2.80 | 3.00 | 3.00 |
| Ratings Breakdown: | 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)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | C$25.44 | C$25.44 | C$25.31 | C$24.29 |
| Price Target Upside: | 13.81% upside | 11.37% upside | 8.96% upside | 9.10% upside |
Boralex (TSE:BLX) Consensus Price Target History
Boralex (TSE:BLX) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Boralex (TSE:BLX) Earnings History and Estimates Chart
Boralex (TSE BLX) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/3/2018 | | | | | | | | |
| 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 2.68%. BLX's most recent quarterly dividend payment was Thursday, March 15.
| Most Recent Dividend: | 3/15/2018 |
| Annual Dividend: | $0.60 |
| Dividend Yield: | 2.68% |
| Payout Ratio: | N/A |
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
Boralex (TSE BLX) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 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 (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 |
| ETFs with exposure to Boralex, Inc. : November 15, 2017
finance.yahoo.com - November 16 at 12:04 PM |
| Boralex Inc. (BLX) Director Marie Giguère Buys 3,000 Shares
www.americanbankingnews.com - November 15 at 9:33 PM |
| Boralex, Inc. :BLX-CA: Earnings Analysis: Q3, 2017 By the Numbers : November 14, 2017
finance.yahoo.com - November 14 at 5:05 PM |
| Boralex, Inc. – Value Analysis (TORONTO:BLX) : November 13, 2017
finance.yahoo.com - November 14 at 12:56 AM |
| Edited Transcript of BLX.TO earnings conference call or presentation 10-Nov-17 3:00pm GMT
finance.yahoo.com - November 11 at 8:21 AM |
 | 2017 third quarter - Boralex maintains growth
www.marketwatch.com - November 10 at 12:47 PM |
| Boralex, Inc. breached its 50 day moving average in a Bearish Manner : BLX-CA : November 10, 2017
finance.yahoo.com - November 10 at 12:47 PM |
| Boralex Inc. (BLX) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - November 9 at 8:12 AM |
| BMO Capital Markets Analysts Give Boralex Inc. (BLX) a C$25.50 Price Target
www.americanbankingnews.com - October 19 at 3:08 PM |
| /R E P E A T -- Boralex and Infinergy announce joint venture for 325 MW onshore wind in the UK/
finance.yahoo.com - October 17 at 5:26 PM |
| Boralex and Infinergy announce joint venture for 325 MW onshore wind in the UK
finance.yahoo.com - October 17 at 3:26 AM |
| Boralex Inc. (BLX) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - October 15 at 9:28 AM |
| Advisory - Boralex - Release of the 2017 Third Quarter Financial Results
www.marketwatch.com - October 10 at 5:51 PM |
| Boralex, Inc. breached its 50 day moving average in a Bullish Manner : BLX-CA : October 9, 2017
finance.yahoo.com - October 9 at 5:26 PM |
| Report Coverage on Utilities Stocks, Brookfield Renewable Partners, TransAlta Renewables, Boralex, and Northland Power
finance.yahoo.com - October 4 at 1:06 PM |
| Today's Research Reports on Boralex, BioAmber, Pure Technologies and Alterra Power Corp.
finance.yahoo.com - October 2 at 12:47 PM |
| Research Analysts Issue Forecasts for Boralex Inc.'s Q3 2017 Earnings (BLX)
www.americanbankingnews.com - September 27 at 8:00 AM |
| Boralex Inc. (BLX) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - September 20 at 8:50 AM |
| Boralex, Inc. – Value Analysis (TORONTO:BLX) : September 19, 2017
finance.yahoo.com - September 19 at 9:36 PM |
Boralex (TSE:BLX) SEC Filings
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Boralex (TSE BLX) Stock Chart for Thursday, April, 19, 2018
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