TSE:BLX Boralex - BLX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Boralex Inc. Please log in to your account or sign up in order to add this asset to your watchlist. C$38.42 -0.62 (-1.59%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$38.02▼C$39.0750-Day RangeC$36.73▼C$41.4052-Week RangeC$31.26▼C$51.55Volume210,321 shsAverage Volume323,959 shsMarket CapitalizationC$3.95 billionP/E Ratio116.42Dividend Yield1.71%Price TargetC$47.45 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media About Boralex (TSE:BLX) StockBoralex 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.Read More Receive BLX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Boralex and its competitors with MarketBeat's FREE daily newsletter. Email Address BLX Stock News HeadlinesFebruary 4, 2023 | americanbankingnews.comBoralex (TSE:BLX) Price Target Raised to C$43.00January 26, 2023 | finance.yahoo.comA Look At The Fair Value Of Boralex Inc. (TSE:BLX)February 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 26, 2023 | americanbankingnews.comBoralex (TSE:BLX) Price Target Lowered to C$45.00 at BMO Capital MarketsJanuary 26, 2023 | americanbankingnews.comBoralex Inc. (TSE:BLX) Receives C$45.83 Consensus PT from BrokeragesJanuary 12, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Boralex (TSE:BLX) Presents An OpportunityDecember 29, 2022 | finance.yahoo.comBoralex acquires a 50% interest in five wind farms totalling 894 MW in the United StatesDecember 22, 2022 | finance.yahoo.comBoralex commissions 25 MW of solar and wind farms in FranceFebruary 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 20, 2022 | finance.yahoo.comThree Boralex projects selected in France’s first technology-neutral tenderDecember 14, 2022 | finance.yahoo.comCan Boralex Inc. (TSE:BLX) Improve Its Returns?November 11, 2022 | finance.yahoo.comBoralex Third Quarter 2022 Earnings: Misses ExpectationsOctober 28, 2022 | finance.yahoo.comBoralex unveils new management model: A consolidated management team and geographic business units to support Boralex's growthOctober 11, 2022 | finance.yahoo.comLa Clé des Champs solar farm: Boralex commissions its first French asset open for crowdinvesting - Yahoo FinanceOctober 11, 2022 | finance.yahoo.comBoralex will release its 2022 third quarter financial results on November 9 - Yahoo FinanceOctober 11, 2022 | globenewswire.comLa Clé des Champs solar farm: Boralex commissions its first French asset open for crowdinvesting - GlobeNewswireOctober 11, 2022 | finance.yahoo.comLa Clé des Champs solar farm: Boralex commissions its first French asset open for crowdinvestingOctober 7, 2022 | ca.investing.comKalkine Media explores TSX renewable stocks to watch in October By Kalkine Media - Investing.com CanadaOctober 5, 2022 | baystreet.caMini Streak Stopped at Two - Baystreet.caOctober 2, 2022 | msn.comMarket Selloff: 2 of the Safest Canadian Stocks I'd Buy in October 2022 to Hold Forever - msnNOWSeptember 30, 2022 | fool.caMarket Selloff: 2 of the Safest Canadian Stocks I'd Buy in October 2022 to Hold Forever - The Motley Fool CanadaSeptember 28, 2022 | finance.yahoo.comBoralex Inc.'s (TSE:BLX) 4.6% loss last week hit both individual investors who own 50% as well as institutionsSeptember 27, 2022 | seekingalpha.comBoralex upgraded to Outperform at Credit Suisse on valuation (TSX:BLX:CA) - Seeking AlphaSeptember 14, 2022 | finance.yahoo.comBoralex Inc. (BLX.TO)September 13, 2022 | reuters.comBLX.TO - Boralex Inc. | Stock Price & Latest News | ReutersSeptember 8, 2022 | ca.finance.yahoo.comTSX stocks: Energy sector to shield Canada's main index from Euro, U.K. weakness - Yahoo Canada FinanceSeptember 2, 2022 | finance.yahoo.comThere's Been No Shortage Of Growth Recently For Boralex's (TSE:BLX) Returns On Capital - Yahoo FinanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BLX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Boralex and its competitors with MarketBeat's FREE daily newsletter. Email Address BLX Company Calendar Last Earnings11/09/2022Today2/05/2023Next Earnings (Estimated)2/22/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Utilities - Independent Power Producers Sub-IndustryN/A SectorUtilities Current SymbolTSE:BLX CUSIPN/A CIKN/A Webwww.boralex.com Phone+1-819-3636363FaxN/AEmployees562Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$47.45 High Stock Price ForecastC$57.50 Low Stock Price ForecastC$36.00 Forecasted Upside/Downside+23.5%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio116.42 Forward P/E Ratio34.61 P/E Growth1.11Net IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio171.03 Current Ratio1.64 Quick Ratio1.54 Sales & Book Value Annual SalesC$707 million Price / Sales5.58 Cash FlowC$6.04 per share Price / Cash Flow6.36 Book ValueC$16.27 per share Price / Book2.36Miscellaneous Outstanding Shares102,763,000Free FloatN/AMarket CapC$3.95 billion OptionableOptionable BetaN/A Key ExecutivesMr. Patrick Decostre (Age 50)Pres, CEO & Director Comp: $1.07MMr. Bruno Guilmette (Age 57)CFO & EVP Comp: $610.29kMr. Pascal HurtubiseExec. VP & Chief Legal OfficerMr. Hugues GirardinExec. VP & GM of North AmericaMr. Nicolas WolffExec. VP & GM of EuropeMr. Stéphane MilotSr. Director of Investors RelationsMs. Isabelle FontaineSr. VP of Corp. Public Affairs & CommunicationsMs. Marie-Josée ArsenaultExec. VP and Chief People & Culture OfficerMs. Julie CussonSr. VP of Enterprise Risk Management & CSRMr. Rabindra Nath MishraDeputy Managing Director of Devel. EuropeMore ExecutivesKey CompetitorsTransAltaTSE:TAInnergex Renewable EnergyTSE:INETransAlta RenewablesTSE:RNWAlgonquin Power & UtilitiesTSE:AQNNorthland PowerTSE:NPIView All CompetitorsInsiders & InstitutionsDany St-PierreBought 1,530 shares on 9/7/2022Total: C$70,695.96 ($46.21/share)View All Insider Transactions BLX Stock - Frequently Asked Questions Should I buy or sell Boralex stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last twelve months. There are currently 3 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. What is Boralex's stock price forecast for 2023? 8 Wall Street research analysts have issued twelve-month target prices for Boralex's stock. Their BLX share price forecasts range from C$36.00 to C$57.50. On average, they anticipate the company's share price to reach C$47.45 in the next twelve months. This suggests a possible upside of 23.5% 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 start of the year. Since then, BLX shares have decreased by 4.0% and is now trading at C$38.42. 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, February 22nd 2023. View our BLX earnings forecast. How were Boralex's earnings last quarter? Boralex Inc. (TSE:BLX) issued its quarterly earnings data on Wednesday, November, 9th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.24) by $0.17. The business had revenue of $106 million for the quarter, compared to analysts' expectations of $129 million. How often does Boralex pay dividends? What is the dividend yield for Boralex? Boralex declared a quarterly dividend on Tuesday, August 30th. Investors of record on Friday, September 16th will be paid a dividend of 0.165 per share on Friday, September 16th. This represents a $0.66 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend 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 1.71%. 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$38.42. How much money does Boralex make? Boralex (TSE:BLX) has a market capitalization of C$3.95 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 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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