Boralex Inc., together with its subsidiaries, develops, constructs, and operates renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2017, the company had interests in 55 wind power stations with an installed capacity of 1,237 megawatts (MW); 15 hydroelectric power stations with a capacity of 172 MW; 2 thermal power stations with an installed capacity of 47 MW; and 3 solar power facilities with an installed capacity of 16 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. The company was founded in 1982 and is headquartered in Kingsey Falls, Canada.
Industry, Sector and Symbol
Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
Phone+1-819-3636363
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$461 million
Profitability
Miscellaneous
Employees370
OptionableOptionable
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 Thursday, November 29th. Stockholders of record on Monday, December 17th will be paid a dividend of 0.165 per share on Monday, December 17th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date is Thursday, November 29th. This is an increase from Boralex's previous quarterly dividend of $0.16. View Boralex's Dividend History.
How were Boralex's earnings last quarter?
Boralex Inc. (TSE:BLX) released its earnings results on Friday, November, 9th. The company reported ($0.43) earnings per share for the quarter, missing analysts' consensus estimates of ($0.38) by $0.05. The business earned $79 million during the quarter, compared to the consensus estimate of $88 million. View Boralex's Earnings History.
When is Boralex's next earnings date?
What price target have analysts set for BLX?
6 equities research analysts have issued twelve-month target prices for Boralex's stock. Their predictions range from C$21.00 to C$26.00. On average, they expect Boralex's stock price to reach C$23.31 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price. View Analyst Price Targets for Boralex.
What is the consensus analysts' recommendation for Boralex?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boralex in the last year. There are currently 4 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Boralex.
Has Boralex been receiving favorable news coverage?
Media coverage about BLX stock has been trending very positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Boralex earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are some of Boralex's key competitors?
Some companies that are related to Boralex include Aggregated Micro Power (AMPH), AGL Energy (AGLNF), AGL Energy (AGL), AGL ENERGY Ltd/ADR (AGLNY), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP.UN), CGE ENERGY INC/SH SH (CGEI), Clean Energy Technologies (CETY), Contourglobal (GLO), Drax Group (DRX), DRAX Grp PLC/ADR (DRXGY), Encavis (CAP), Energy World (EWC), Far East Wind Power (FEWP) and Green & Smart (GSH).
Who are Boralex's key executives?
Boralex's management team includes the folowing people:
- Mr. Patrick Lemaire, Pres, CEO & Director (Age 54)
- Mr. Jean-François Thibodeau FCA, VP & CFO
- Mr. Sylvain Aird, VP of Europe Bus. Devel. (Age 47)
- Mr. Patrick Decostre, VP & GM of Boralex Europe
- Mr. Denis Aubut, Gen. Mang. of Operations
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$18.39.
How big of a company is Boralex?
Boralex has a market capitalization of C$1.64 billion and generates C$461 million in revenue each year. Boralex employs 370 workers across the globe.
What is Boralex's official website?
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 (TSE 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.
