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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
TSE:BLX

Boralex - BLX Stock Forecast, Price & News

C$38.24
+0.46 (+1.22%)
(As of 11/25/2022 08:59 PM ET)
Add
Compare
Today's Range
C$37.42
▼
C$38.30
50-Day Range
C$35.90
▼
C$46.93
52-Week Range
C$30.04
▼
C$51.55
Volume
137,428 shs
Average Volume
330,089 shs
Market Capitalization
C$3.93 billion
P/E Ratio
115.88
Dividend Yield
1.73%
Price Target
C$44.58

Boralex MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
16.6% Upside
C$44.58 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.28mentions of Boralex in the last 14 days
Based on 16 Articles This Week
Insider Trading
Acquiring Shares
C$70,696 Bought Last Quarter
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.

2.26 out of 5 stars

See Top Rated MarketRank™ Stocks Here
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

November 25, 2022 | americanbankingnews.com
Analysts Issue Forecasts for Boralex Inc.'s FY2022 Earnings (TSE:BLX)
November 24, 2022 | americanbankingnews.com
Boralex (TSE:BLX) PT Lowered to C$36.00 at Credit Suisse Group
November 24, 2022 | americanbankingnews.com
National Bankshares Trims Boralex (TSE:BLX) Target Price to C$47.00
November 23, 2022 | americanbankingnews.com
Boralex (TSE:BLX) Given New C$40.00 Price Target at Royal Bank of Canada
November 23, 2022 | americanbankingnews.com
CSFB Lowers Boralex (TSE:BLX) Price Target to C$36.00
November 23, 2022 | americanbankingnews.com
Boralex (TSE:BLX) PT Lowered to C$50.00
November 11, 2022 | finance.yahoo.com
Boralex Third Quarter 2022 Earnings: Misses Expectations
October 28, 2022 | finance.yahoo.com
Boralex unveils new management model: A consolidated management team and geographic business units to support Boralex's growth
October 11, 2022 | finance.yahoo.com
La Clé des Champs solar farm: Boralex commissions its first French asset open for crowdinvesting - Yahoo Finance
October 11, 2022 | finance.yahoo.com
Boralex will release its 2022 third quarter financial results on November 9 - Yahoo Finance
October 11, 2022 | globenewswire.com
La Clé des Champs solar farm: Boralex commissions its first French asset open for crowdinvesting - GlobeNewswire
October 11, 2022 | finance.yahoo.com
La Clé des Champs solar farm: Boralex commissions its first French asset open for crowdinvesting
October 7, 2022 | ca.investing.com
Kalkine Media explores TSX renewable stocks to watch in October By Kalkine Media - Investing.com Canada
October 5, 2022 | baystreet.ca
Mini Streak Stopped at Two - Baystreet.ca
October 2, 2022 | msn.com
Market Selloff: 2 of the Safest Canadian Stocks I'd Buy in October 2022 to Hold Forever - msnNOW
September 30, 2022 | fool.ca
Market Selloff: 2 of the Safest Canadian Stocks I'd Buy in October 2022 to Hold Forever - The Motley Fool Canada
September 28, 2022 | finance.yahoo.com
Boralex Inc.'s (TSE:BLX) 4.6% loss last week hit both individual investors who own 50% as well as institutions
September 27, 2022 | seekingalpha.com
Boralex upgraded to Outperform at Credit Suisse on valuation (TSX:BLX:CA) - Seeking Alpha
September 14, 2022 | finance.yahoo.com
Boralex Inc. (BLX.TO)
September 13, 2022 | reuters.com
BLX.TO - Boralex Inc. | Stock Price & Latest News | Reuters
September 8, 2022 | ca.finance.yahoo.com
TSX stocks: Energy sector to shield Canada's main index from Euro, U.K. weakness - Yahoo Canada Finance
September 2, 2022 | finance.yahoo.com
There's Been No Shortage Of Growth Recently For Boralex's (TSE:BLX) Returns On Capital - Yahoo Finance
September 2, 2022 | finance.yahoo.com
There's Been No Shortage Of Growth Recently For Boralex's (TSE:BLX) Returns On Capital
August 19, 2022 | baystreet.ca
Altas, Boralex, Shawcor at 52-Week Highs - Baystreet.ca
August 19, 2022 | finance.yahoo.com
Calculating The Intrinsic Value Of Boralex Inc. (TSE:BLX)
See More Headlines
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BLX Company Calendar

Ex-Dividend for 9/16 Dividend
8/30/2022
Dividend Payable
9/16/2022
Today
11/27/2022
Next Earnings (Estimated)
2/21/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Utilities - Independent Power Producers
Sub-Industry
N/A
Sector
Utilities
Current Symbol
TSE:BLX
CUSIP
N/A
CIK
N/A
Web
www.boralex.com
Phone
+1-819-3636363
Fax
N/A
Employees
562
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$44.58
High Stock Price Forecast
C$55.00
Low Stock Price Forecast
C$36.00
Forecasted Upside/Downside
+16.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
115.88
Forward P/E Ratio
36.42
P/E Growth
1.03
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
171.03
Current Ratio
1.64
Quick Ratio
1.54

Sales & Book Value

Annual Sales
C$707 million
Price / Sales
5.56
Cash Flow
C$6.22 per share
Price / Cash Flow
6.14
Book Value
C$16.27 per share
Price / Book
2.35

Miscellaneous

Outstanding Shares
102,763,000
Free Float
N/A
Market Cap
C$3.93 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. Patrick Decostre (Age 49)
    Pres, CEO & Director
    Comp: $1.07M
  • Mr. Bruno Guilmette (Age 56)
    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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













BLX Stock - Frequently Asked Questions

Should I buy or sell Boralex stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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?

10 analysts have issued twelve-month price objectives for Boralex's stock. Their BLX share price forecasts range from C$36.00 to C$55.00. On average, they predict the company's stock price to reach C$44.58 in the next year. This suggests a possible upside of 16.6% 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 2022?

Boralex's stock was trading at C$34.68 at the beginning of 2022. Since then, BLX stock has increased by 10.3% and is now trading at C$38.24.
View the best growth stocks for 2022 here.

When is Boralex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our BLX earnings forecast.

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

Boralex declared a quarterly dividend on Tuesday, August 30th. Shareholders of record on Friday, September 16th will be given a dividend of 0.165 per share on Friday, September 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Tuesday, August 30th.
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 1.73%. The dividend payout ratio is 200.00%. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boralex investors own include Fortis (FTS), Enbridge (ENB), Algonquin Power & Utilities (AQN), Bank of Nova Scotia (BNS), Pembina Pipeline (PPL), RioCan Real Estate Investment Trust (REI.UN), Power Financial (PWF), TC Energy (TRP), Air Canada (AC) and Bombardier, Inc. Class B (BBD.B).

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$38.24.

How much money does Boralex make?

Boralex (TSE:BLX) has a market capitalization of C$3.93 billion and generates C$707 million in revenue each year.

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 11/28/2022 by MarketBeat.com Staff