Boralex Q3 EPS Estimate Increased by National Bank Financial

Boralex Inc. (TSE:BLX - Free Report) - Stock analysts at National Bank Financial raised their Q3 2025 earnings per share (EPS) estimates for Boralex in a research report issued to clients and investors on Tuesday, April 8th. National Bank Financial analyst R. Merer now expects that the company will post earnings per share of ($0.19) for the quarter, up from their previous forecast of ($0.20). The consensus estimate for Boralex's current full-year earnings is $1.34 per share.

Other equities research analysts have also issued research reports about the company. National Bankshares lowered their price objective on Boralex from C$46.00 to C$43.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. Cormark cut their price objective on shares of Boralex from C$47.00 to C$35.00 in a report on Thursday, January 30th. Scotiabank lowered their target price on shares of Boralex from C$42.00 to C$36.00 and set a "sector perform" rating on the stock in a research note on Thursday, January 30th. Raymond James cut their price target on Boralex from C$41.00 to C$39.00 in a research note on Monday, March 3rd. Finally, CIBC dropped their price objective on Boralex from C$42.00 to C$40.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Boralex currently has a consensus rating of "Buy" and a consensus target price of C$40.25.

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Boralex Stock Performance

Shares of BLX stock traded down C$0.21 on Friday, hitting C$28.91. The company had a trading volume of 232,386 shares, compared to its average volume of 367,437. Boralex has a twelve month low of C$24.40 and a twelve month high of C$36.68. 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 firm has a market cap of C$3.01 billion, a P/E ratio of 42.38, a price-to-earnings-growth ratio of 2.01 and a beta of 0.46. The company has a 50-day moving average price of C$28.01 and a 200-day moving average price of C$29.78.

Boralex Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 17th were given a $0.165 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.66 annualized dividend and a dividend yield of 2.28%. Boralex's dividend payout ratio (DPR) is presently 96.76%.

Insider Buying and Selling

In related news, Director Patrick Decostre sold 8,671 shares of Boralex stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of C$30.00, for a total transaction of C$260,130.00. Also, Director Ricky Fontaine acquired 1,000 shares of the stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of C$29.10 per share, for a total transaction of C$29,100.00. 0.16% of the stock is owned by company insiders.

About Boralex

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.