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Boralex (BLX) Competitors

Boralex logo
C$30.10 -0.82 (-2.65%)
As of 04:00 PM Eastern

BLX vs. KEY, BNC, HUT, SII, BITF, VBNK, WED, PTS, WFC, 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), VersaBank (VBNK), Westaim (WED), Points.com (PTS), Wall Financial (WFC), and Millennial Lithium (ML). These companies are all part of the "banking" industry.

Boralex vs.

Keyera (TSE:KEY) and Boralex (TSE:BLX) are both mid-cap energy companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, valuation, profitability, media sentiment, dividends, earnings, institutional ownership, community ranking and risk.

Keyera currently has a consensus target price of C$45.08, suggesting a potential upside of 5.58%. Boralex has a consensus target price of C$40.25, suggesting a potential upside of 33.72%. Given Boralex's stronger consensus rating and higher probable upside, analysts plainly believe Boralex is more favorable than Keyera.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Keyera
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.73
Boralex
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
3.20

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.

Company Net Margins Return on Equity Return on Assets
Keyera5.97% 16.05% 6.15%
Boralex 7.55%4.29%2.54%

Keyera received 151 more outperform votes than Boralex when rated by MarketBeat users. However, 62.54% of users gave Boralex an outperform vote while only 55.84% of users gave Keyera an outperform vote.

CompanyUnderperformOutperform
KeyeraOutperform Votes
545
55.84%
Underperform Votes
431
44.16%
BoralexOutperform Votes
394
62.54%
Underperform Votes
236
37.46%

Keyera pays an annual dividend of C$2.08 per share and has a dividend yield of 4.9%. Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 2.2%. 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.

Keyera has a beta of 2.09, suggesting that its share price is 109% more volatile than the S&P 500. Comparatively, Boralex has a beta of 0.46, suggesting that its share price is 54% less volatile than the S&P 500.

44.0% of Keyera shares are held by institutional investors. Comparatively, 58.3% of Boralex shares are held by institutional investors. 0.4% of Keyera shares are held by insiders. Comparatively, 0.2% of Boralex shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
KeyeraC$7.53B1.31C$449.23MC$1.9422.01
BoralexC$952.11M3.29C$71.91MC$0.6844.13

In the previous week, Boralex had 7 more articles in the media than Keyera. MarketBeat recorded 23 mentions for Boralex and 16 mentions for Keyera. Keyera's average media sentiment score of 0.61 beat Boralex's score of 0.55 indicating that Keyera is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Keyera
3 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Boralex
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Keyera beats Boralex on 11 of the 21 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 {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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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BLX vs. The Competition

MetricBoralexUtilities IndustryUtilities SectorTSE Exchange
Market CapC$3.13BC$1.43BC$16.33BC$5.95B
Dividend Yield2.54%5.83%5.72%6.32%
P/E Ratio44.1310.2320.2930.25
Price / Sales3.29105.2622.33752.73
Price / Cash6.3642.3618.6883.71
Price / Book1.531.282.103.97
Net IncomeC$71.91MC$289.63MC$674.16MC$301.32M
7 Day Performance-1.60%3.87%2.26%1.61%
1 Month Performance1.28%2.93%3.77%8.87%
1 Year Performance-6.08%-1.70%6.57%15.10%

Boralex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLX
Boralex
2.5825 of 5 stars
C$30.10
-2.7%
C$40.25
+33.7%
-3.7%C$3.13BC$952.11M44.13180Trending News
Analyst Revision
KEY
Keyera
0.935 of 5 stars
C$43.44
-0.6%
C$44.69
+2.9%
+16.8%C$10.01BC$7.53B22.3917,500
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$27.92
+0.9%
N/A+10.5%C$8.48BN/A0.00206,500
HUT
Hut 8
N/AC$21.69
+12.1%
N/A+88.1%C$1.44BC$142.55M5.31219Positive News
SII
Sprott
0.8796 of 5 stars
C$76.02
-1.4%
C$77.00
+1.3%
+25.2%C$1.36BC$114.38M29.63170Dividend Announcement
High Trading Volume
BITF
Bitfarms
1.9871 of 5 stars
C$1.55
+4.0%
C$3.75
+141.9%
-34.2%C$543.62MC$159.92M-3.49110Gap Up
VBNK
VersaBank
1.1515 of 5 stars
C$15.79
+2.1%
C$17.00
+7.7%
+23.2%C$510.97MC$248.46M10.27100Gap Up
WED
Westaim
0.0409 of 5 stars
C$33.10
+0.2%
C$7.75
-76.6%
+660.5%C$489.02MC$10.20M74.893,240
PTS
Points.com
N/AN/AN/AN/AC$480.57MC$432.40M169.26240,000
WFC
Wall Financial
N/AC$12.51
flat
N/A-31.5%C$401.52MC$193.65M16.17238,000
ML
Millennial Lithium
N/AC$4.04
+2.0%
N/A+0.0%C$395.36MN/A-20.20560Gap Down

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This page (TSE:BLX) was last updated on 5/21/2025 by MarketBeat.com Staff
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