BLX vs. KEY, BNC, HUT, SII, BITF, WFC, VBNK, PTS, WED, and ML
Should you be buying Boralex stock or one of its competitors? The main competitors of Boralex include Keyera (KEY), Purpose Canadian Financial Income Fund Series ETF (BNC), Hut 8 (HUT), Sprott (SII), Bitfarms (BITF), Wall Financial (WFC), VersaBank (VBNK), Points.com (PTS), Westaim (WED), and Millennial Lithium (ML). These companies are all part of the "banking" industry.
Boralex vs. Its Competitors
Keyera (TSE:KEY) and Boralex (TSE:BLX) are both mid-cap banking companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, valuation, analyst recommendations, dividends, media sentiment, institutional ownership, risk and earnings.
Keyera presently has a consensus price target of C$51.27, suggesting a potential upside of 18.60%. Boralex has a consensus price target of C$39.22, suggesting a potential upside of 23.77%. Given Boralex's stronger consensus rating and higher probable upside, analysts clearly believe Boralex is more favorable than Keyera.
44.0% of Keyera shares are owned by institutional investors. Comparatively, 58.3% of Boralex shares are owned by institutional investors. 0.4% of Keyera shares are owned by insiders. Comparatively, 0.2% of Boralex shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Keyera has higher revenue and earnings than Boralex. Keyera is trading at a lower price-to-earnings ratio than Boralex, indicating that it is currently the more affordable of the two stocks.
Keyera has a beta of 2.09, meaning that its stock price is 109% more volatile than the S&P 500. Comparatively, Boralex has a beta of 0.46, meaning that its stock price is 54% less volatile than the S&P 500.
In the previous week, Keyera had 5 more articles in the media than Boralex. MarketBeat recorded 6 mentions for Keyera and 1 mentions for Boralex. Boralex's average media sentiment score of 0.67 beat Keyera's score of 0.29 indicating that Boralex is being referred to more favorably in the news media.
Keyera pays an annual dividend of C$2.08 per share and has a dividend yield of 4.8%. Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 2.1%. Keyera pays out 107.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Boralex pays out 96.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Boralex has a net margin of 7.55% compared to Keyera's net margin of 5.97%. Keyera's return on equity of 16.05% beat Boralex's return on equity.
Summary
Keyera beats Boralex on 10 of the 18 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding BLX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (TSE:BLX) was last updated on 7/17/2025 by MarketBeat.com Staff
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