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Boralex (BLX) Competitors

Boralex logo
C$28.85 -0.21 (-0.72%)
As of 03/14/2025 04:00 PM Eastern

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

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), Points.com (PTS), VersaBank (VBNK), Westaim (WED), Millennial Lithium (ML), and Wall Financial (WFC). 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 superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, media sentiment, community ranking, risk, profitability, valuation and earnings.

In the previous week, Keyera had 2 more articles in the media than Boralex. MarketBeat recorded 6 mentions for Keyera and 4 mentions for Boralex. Keyera's average media sentiment score of 0.64 beat Boralex's score of 0.58 indicating that Keyera is being referred to more favorably in the media.

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

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 large money managers, hedge funds and endowments believe a company 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$1.9422.04
BoralexC$952.11M3.15C$71.91MC$0.6842.30

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 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.

Keyera presently has a consensus target price of C$44.77, indicating a potential upside of 4.70%. Boralex has a consensus target price of C$40.25, indicating a potential upside of 39.51%. 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)
5 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
2.79
Boralex
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
3.17

Keyera received 150 more outperform votes than Boralex when rated by MarketBeat users. However, 62.64% of users gave Boralex an outperform vote while only 55.79% of users gave Keyera an outperform vote.

CompanyUnderperformOutperform
KeyeraOutperform Votes
544
55.79%
Underperform Votes
431
44.21%
BoralexOutperform Votes
394
62.64%
Underperform Votes
235
37.36%

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 2.3%. 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.

Summary

Keyera beats Boralex on 12 of the 20 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$3.00BC$1.24BC$15.00BC$5.59B
Dividend Yield2.54%5.57%5.68%6.44%
P/E Ratio42.309.4115.1129.98
Price / Sales3.1592.4420.33447.30
Price / Cash6.3640.2018.5383.21
Price / Book1.471.121.933.57
Net IncomeC$71.91MC$273.15MC$671.07MC$300.15M
7 Day Performance-2.53%-0.43%0.40%-0.27%
1 Month Performance11.87%10.51%2.98%-3.34%
1 Year Performance0.24%4.78%7.95%28.28%

Boralex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLX
Boralex
2.3155 of 5 stars
C$28.85
-0.7%
C$40.25
+39.5%
+0.2%C$3.00BC$952.11M42.30180Insider Trade
KEY
Keyera
0.9739 of 5 stars
C$42.40
+3.7%
C$44.77
+5.6%
+27.4%C$9.77BC$7.53B21.8517,500Dividend Announcement
News Coverage
High Trading Volume
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$26.39
-1.3%
N/AN/AC$8.01BN/A0.00206,500
HUT
Hut 8
N/AC$16.55
-14.7%
N/A+79.0%C$1.10BC$142.55M4.05219Gap Down
SII
Sprott
1.6303 of 5 stars
C$60.66
-5.3%
C$69.50
+14.6%
+25.2%C$1.08BC$114.38M23.64170Dividend Announcement
BITF
Bitfarms
2.1569 of 5 stars
C$1.62
-9.5%
C$6.50
+301.2%
-47.2%C$568.17MC$159.92M-3.65110News Coverage
Gap Down
PTS
Points.com
N/AN/AN/AN/AC$480.57MC$432.40M169.26240,000
VBNK
VersaBank
2.0691 of 5 stars
C$14.37
-4.6%
C$17.00
+18.3%
+7.5%C$465.02MC$248.46M9.34100
WED
Westaim
0.0269 of 5 stars
C$30.57
-3.7%
C$7.75
-74.6%
+746.8%C$451.65MC$10.20M69.163,240News Coverage
ML
Millennial Lithium
N/AC$4.04
+2.0%
N/A+0.0%C$395.36MN/A-20.20560Gap Down
WFC
Wall Financial
N/AC$12.08
-1.8%
N/A-47.9%C$387.72MC$193.65M15.61238,000News Coverage
Gap Down
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This page (TSE:BLX) was last updated on 3/16/2025 by MarketBeat.com Staff
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