Boralex - BLX Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BLX shares.
View BLX analyst ratings or view top-rated stocks.

10 brokers have issued 12-month price targets for Boralex's shares. Their BLX share price forecasts range from C$36.00 to C$55.00. On average, they expect the company's stock price to reach C$44.58 in the next year. This suggests a possible upside of 18.7% from the stock's current price.
View analysts price targets for BLX or view top-rated stocks among Wall Street analysts.

Boralex's stock was trading at C$34.68 at the start of the year. Since then, BLX shares have increased by 8.3% and is now trading at C$37.55.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our BLX earnings forecast.

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 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Tuesday, August 30th.
Read our dividend analysis for BLX.

Boralex (TSE:BLX) pays an annual dividend of C$0.66 per share and currently has a dividend yield of 1.76%. 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.

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).

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

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.
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One share of BLX stock can currently be purchased for approximately C$37.55.

Boralex (TSE:BLX) has a market capitalization of C$3.86 billion and generates C$707 million in revenue each year.

The company employs 562 workers across the globe.

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.