National Bank Financial Comments on Boralex Q1 Earnings

Boralex Inc. (TSE:BLX) – National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of Boralex in a note issued to investors on Monday, March 3rd. National Bank Financial analyst R. Merer anticipates that the company will post earnings of $0.46 per share for the quarter. The consensus estimate for Boralex’s current full-year earnings is $1.34 per share. National Bank Financial also issued estimates for Boralex’s Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at ($0.20) EPS, FY2025 earnings at $0.80 EPS and FY2026 earnings at $0.79 EPS.

BLX has been the subject of a number of other research reports. CIBC lowered their price target on shares of Boralex from C$42.00 to C$40.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. BMO Capital Markets cut their target price on shares of Boralex from C$46.00 to C$45.00 in a research report on Friday, November 15th. Raymond James lowered their price target on shares of Boralex from C$41.00 to C$39.00 in a research report on Monday. National Bankshares cut their price objective on shares of Boralex from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Finally, Cormark reduced their price objective on shares of Boralex from C$47.00 to C$35.00 in a research note on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Boralex currently has an average rating of “Buy” and an average price target of C$40.25.

Boralex Stock Up 0.1 %

Shares of TSE BLX opened at C$28.93 on Thursday. The company has a quick ratio of 1.54, a current ratio of 0.86 and a debt-to-equity ratio of 233.60. The company has a market cap of C$3.01 billion, a price-to-earnings ratio of 42.41, a price-to-earnings-growth ratio of 2.01 and a beta of 0.46. Boralex has a 12-month low of C$24.40 and a 12-month high of C$36.68. The firm’s 50-day simple moving average is C$26.99 and its 200 day simple moving average is C$30.77.

Boralex Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 17th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend is Friday, February 28th. Boralex’s dividend payout ratio is presently 96.76%.

Boralex Company Profile

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.