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Boralex (BLX) Competitors

Boralex logo
C$27.93 -0.43 (-1.52%)
As of 04:00 PM Eastern

BLX vs. KEY, HUT, SII, BITF, HIVE, WED, VBNK, PTS, WFC, and ML

Should you be buying Boralex stock or one of its competitors? The main competitors of Boralex include Keyera (KEY), Hut 8 (HUT), Sprott (SII), Bitfarms (BITF), HIVE Digital Technologies (HIVE), Westaim (WED), VersaBank (VBNK), Points.com (PTS), Wall Financial (WFC), 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 banking companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, media sentiment, analyst recommendations, institutional ownership, risk, earnings, valuation and dividends.

In the previous week, Keyera had 8 more articles in the media than Boralex. MarketBeat recorded 10 mentions for Keyera and 2 mentions for Boralex. Boralex's average media sentiment score of 0.95 beat Keyera's score of 0.76 indicating that Boralex is being referred to more favorably in the news media.

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

Keyera currently has a consensus target price of C$51.27, suggesting a potential upside of 10.72%. Boralex has a consensus target price of C$39.00, suggesting a potential upside of 39.63%. Given Boralex's stronger consensus rating and higher possible 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)
5 Buy rating(s)
4 Strong Buy rating(s)
3.00
Boralex
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
3.17

Keyera pays an annual dividend of C$2.08 per share and has a dividend yield of 4.5%. Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 2.4%. Keyera pays out 90.0% 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 -733.3% of its earnings in the form of a dividend.

Keyera has higher revenue and earnings than Boralex. Boralex is trading at a lower price-to-earnings ratio than Keyera, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
KeyeraC$7.27B1.46C$449.23MC$2.3120.05
BoralexC$830M3.46C$71.91M-C$0.09-310.33

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 has a beta of 0.564997, meaning that its stock price is 44% less volatile than the S&P 500. Comparatively, Boralex has a beta of 0.223974, meaning that its stock price is 78% less volatile than the S&P 500.

48.3% of Keyera shares are owned by institutional investors. Comparatively, 55.9% 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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Keyera beats Boralex on 12 of the 19 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.
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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$2.87BC$2.02BC$16.91BC$9.71B
Dividend Yield2.34%5.14%4.63%6.47%
P/E Ratio-310.3325.7456.9027.05
Price / Sales3.46311.8937.4011.01
Price / Cash6.3642.3619.2183.29
Price / Book1.421.612.275.83
Net IncomeC$71.91MC$284.56MC$748.50MC$301.20M
7 Day Performance1.05%2.24%6.33%2.62%
1 Month Performance0.29%3.35%9.30%8.44%
1 Year Performance-20.36%781.63%144.96%56.48%

Boralex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLX
Boralex
2.405 of 5 stars
C$27.93
-1.5%
C$39.00
+39.6%
-20.0%C$2.87BC$830M-310.33180News Coverage
KEY
Keyera
2.2787 of 5 stars
C$46.33
-0.2%
C$50.92
+9.9%
+5.7%C$10.64BC$7.27B20.0617,500Analyst Forecast
HUT
Hut 8
N/AC$48.50
+5.0%
N/A+263.9%C$5.12BC$550.39M33.22219News Coverage
Gap Up
SII
Sprott
1.2869 of 5 stars
C$116.14
+2.0%
C$93.33
-19.6%
+101.3%C$3.00BC$186.32M59.87170
BITF
Bitfarms
0.93 of 5 stars
C$3.93
+10.4%
C$3.75
-4.6%
+88.0%C$2.17BC$245.66M-24.56110Insider Trade
HIVE
HIVE Digital Technologies
N/AC$5.38
+8.7%
N/A+106.9%C$1.14BC$128.65M16.3020News Coverage
Insider Trade
High Trading Volume
WED
Westaim
N/AC$28.61
+0.7%
C$7.75
-72.9%
+594.3%C$953.53MC$42.11M-21.673,240
VBNK
VersaBank
1.9272 of 5 stars
C$17.48
-1.0%
C$19.00
+8.7%
-3.4%C$568.43MC$116.83M18.60100News Coverage
Positive News
Dividend Announcement
PTS
Points.com
N/AN/AN/AN/AC$480.57MC$432.40M169.26240,000
WFC
Wall Financial
N/AC$14.81
+2.6%
N/A-26.2%C$461.94MC$191.30M15.27238,000News Coverage
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 10/8/2025 by MarketBeat.com Staff
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