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Boralex Inc Cl A (TSE:BLX)
TSX:BLX
BLX Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$24.40 - C$36.68
Previous CloseN/A
Volume124.83K
Average Volume (3M)350.00K
Market Cap
C$2.63B
Enterprise ValueC$7.55B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)37.1
Beta0.79
Next Earnings
Feb 28, 2025EPS Estimate
0.46Next Dividend Ex-Date
Feb 28, 2025Dividend Yield2.58%
Share Statistics
EPS (TTM)0.69
Shares Outstanding102,766,106
10 Day Avg. Volume259,255
30 Day Avg. Volume349,995
Standard Deviation0.09
R-Squared0.04
Alpha0.00137
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.83
Price to Cash Flow (P/CF)-3.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$40.40Price Target Upside56.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
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Boralex Inc Cl A News
PremiumCompany Announcements
Boralex Declares Quarterly Dividend Amidst Renewable Growth
PremiumCompany Announcements
Boralex Secures $172 Million for Tilbury Battery Project
PremiumCompany Announcements
Boralex Faces Challenges but Advances Projects
PremiumCompany Announcements
Boralex Inc. Cl A Shows Strong Q2 Earnings and GrowthPremiumCompany Announcements
Boralex Reports Strong Earnings and Project Advancements
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Bulls Say, Bears Say
Bulls Say
Analyst RecommendationAnalyst's recommendation is Outperform as there is upside to growth expectations on new organic growth initiatives and asset quality is strong, with the majority of production contracted with creditworthy counter-parties.
Investment Tax CreditsThe retroactive nature of the Canadian investment tax credits has boosted returns on select Canadian renewable projects and is providing BLX additional financial flexibility to fund future growth or reduce future equity need.
Bears Say
Valuation ConcernsDespite an attractive valuation at approximately 9.5 times 2026 estimated EBITDA, there might be concerns when compared to renewable power peers valued between approximately 10 to 17 times.
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Options Prices
Currently, No data available
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Ownership Overview
0.10% Insiders
3.87% Mutual Funds
0.52% Other Institutional Investors
86.79% Public Companies and Individual Investors
BLX FAQ
What was Boralex Inc Cl A’s price range in the past 12 months?
Boralex Inc Cl A lowest stock price was C$24.40 and its highest was C$36.68 in the past 12 months.
What is Boralex Inc Cl A’s market cap?
Boralex Inc Cl A’s market cap is C$2.63B.
When is Boralex Inc Cl A’s upcoming earnings report date?
Boralex Inc Cl A’s upcoming earnings report date is Feb 28, 2025 which is in 7 days.
How were Boralex Inc Cl A’s earnings last quarter?
Boralex Inc Cl A released its earnings results on Nov 14, 2024. The company reported -C$0.13 earnings per share for the quarter, beating the consensus estimate of -C$0.146 by C$0.016.
Is Boralex Inc Cl A overvalued?
According to Wall Street analysts Boralex Inc Cl A’s price is currently Undervalued.
Does Boralex Inc Cl A pay dividends?
Boralex Inc Cl A pays a Quarterly dividend of C$0.165 which represents an annual dividend yield of 2.58%. See more information on Boralex Inc Cl A dividends here
What is Boralex Inc Cl A’s EPS estimate?
Boralex Inc Cl A’s EPS estimate is 0.46.
How many shares outstanding does Boralex Inc Cl A have?
Boralex Inc Cl A has 102,766,106 shares outstanding.
What happened to Boralex Inc Cl A’s price movement after its last earnings report?
Boralex Inc Cl A reported an EPS of -C$0.13 in its last earnings report, beating expectations of -C$0.146. Following the earnings report the stock price went up 0.215%.
Which hedge fund is a major shareholder of Boralex Inc Cl A?
Currently, no hedge funds are holding shares in TSE:BLX
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Boralex Inc Cl A Stock Smart Score
Neutral
1
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5
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10
Analyst Consensus
Strong Buy
Average Price Target:
C$40.40 (56.11% Upside)
C$40.40 (56.11% Upside)
Insider Transactions
Bought Shares
Worth C$59.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.04%
12-Months-Change
Fundamentals
Return on Equity
4.43%
Trailing 12-Months
Asset Growth
0.47%
Trailing 12-Months
Company Description
Boralex Inc Cl A
Boralex Inc is an electric utility company involved in the development, construction, and operation of renewable energy power facilities. The company controls a portfolio of electricity producing plants that utilize wind, hydroelectric, thermal, and solar fuel sources. Most of Boralex's plants rely on wind power, while a significant number also employ hydroelectric power. The company generates the vast majority of its revenue from the sale of energy through long-term contracts to customers in Canada, France, and the United States. Boralex's wind and hydroelectric power stations, located in Canada and France, account for most of this revenue. The company's facilities in Canada and France are also responsible for most of the company's total power production.
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BLX Stock 12 Month Forecast
Average Price Target
C$40.40
▲(56.11% Upside)
Technical Analysis
Capital Power
―
Innergex Renewable Energy
―
5N Plus
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Algonquin Power & Utilities
―
Northland Power
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Best Analysts Covering BLX
1 Year
1 Year Success Rate
24/37 ratings generated profit
1 Year Average Return
+7.71%
reiterated a buy rating 3 months ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 64.86% of your transactions generating a profit, with an average return of +7.71% per trade.
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