BLX vs. KEY, BNC, HUT, SII, BITF, VBNK, PTS, WED, ML, and GRN
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), VersaBank (VBNK), Points.com (PTS), Westaim (WED), Millennial Lithium (ML), and Greenlane Renewables Inc. (GRN.V) (GRN). These companies are all part of the "banking" industry.
Boralex vs.
Boralex (TSE:BLX) and Keyera (TSE:KEY) are both utilities companies, but which is the better business? We will compare the two companies based on the strength of their risk, community ranking, analyst recommendations, media sentiment, earnings, profitability, institutional ownership, dividends and valuation.
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.
Boralex has a beta of 0.46, indicating that its share price is 54% less volatile than the S&P 500. Comparatively, Keyera has a beta of 2.09, indicating that its share price is 109% more volatile than the S&P 500.
58.3% of Boralex shares are held by institutional investors. Comparatively, 44.0% of Keyera shares are held by institutional investors. 0.2% of Boralex shares are held by insiders. Comparatively, 0.4% of Keyera shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
In the previous week, Keyera had 1 more articles in the media than Boralex. MarketBeat recorded 1 mentions for Keyera and 0 mentions for Boralex. Boralex's average media sentiment score of 0.00 equaled Keyera'saverage media sentiment score.
Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 2.3%. Keyera pays an annual dividend of C$2.08 per share and has a dividend yield of 4.6%. 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. 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 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.
Boralex currently has a consensus price target of C$40.25, suggesting a potential upside of 37.56%. Keyera has a consensus price target of C$44.77, suggesting a potential downside of 0.78%. Given Boralex's stronger consensus rating and higher possible upside, research analysts clearly believe Boralex is more favorable than Keyera.
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.
Summary
Keyera beats Boralex on 11 of the 19 factors compared between the two stocks.
Get Boralex News Delivered to You Automatically
Sign up to receive the latest news and ratings for BLX and its competitors with MarketBeat's FREE daily newsletter.
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.
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.
Related Companies and Tools
This page (TSE:BLX) was last updated on 3/26/2025 by MarketBeat.com Staff
Buy BLX Stock Free BLX Stock Alerts