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Boralex (BLX) Competitors

Boralex logo
C$27.16 +0.53 (+1.99%)
As of 02/21/2025 04:00 PM Eastern

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

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

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 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 2.4%. 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.

In the previous week, Keyera had 13 more articles in the media than Boralex. MarketBeat recorded 16 mentions for Keyera and 3 mentions for Boralex. Keyera's average media sentiment score of 0.85 beat Boralex's score of 0.34 indicating that Keyera is being referred to more favorably in the media.

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

44.0% of Keyera shares are owned by institutional investors. Comparatively, 58.3% of Boralex shares are owned by institutional investors. 0.4% of Keyera shares are owned by insiders. Comparatively, 0.2% of Boralex shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Keyera currently has a consensus price target of C$44.77, indicating a potential upside of 5.79%. Boralex has a consensus price target of C$40.50, indicating a potential upside of 49.12%. 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)
4 Buy rating(s)
2 Strong Buy rating(s)
3.14

Keyera received 150 more outperform votes than Boralex when rated by MarketBeat users. However, 62.74% 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
62.74%
Underperform Votes
234
37.26%

Keyera has a beta of 2.09, meaning that its share price is 109% more volatile than the S&P 500. Comparatively, Boralex has a beta of 0.46, meaning that its share price is 54% less volatile than the S&P 500.

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$7.53B1.29C$449.23MC$1.9421.81
BoralexC$952.11M2.97C$71.91MC$0.6839.82

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$2.83BC$1.12BC$14.35BC$5.72B
Dividend Yield2.54%5.57%4.69%6.47%
P/E Ratio39.829.6914.1529.70
Price / Sales2.9794.0221.42481.87
Price / Cash6.3640.6918.6982.95
Price / Book1.381.051.933.85
Net IncomeC$71.91MC$273.15MC$667.05MC$299.29M
7 Day Performance5.31%0.76%0.41%-1.07%
1 Month Performance3.70%1.82%1.60%1.31%
1 Year Performance-6.67%-1.70%6.76%38.93%

Boralex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLX
Boralex
1.9855 of 5 stars
C$27.16
+2.0%
C$40.50
+49.1%
-7.2%C$2.83BC$952.11M39.82180Dividend Announcement
KEY
Keyera
2.3163 of 5 stars
C$42.05
-0.4%
C$44.77
+6.5%
+24.7%C$9.69BC$7.53B21.6717,500Gap Up
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$27.45
+0.1%
N/A+10.0%C$8.33BN/A0.00206,500News Coverage
HUT
Hut 8
N/AC$29.03
flat
N/A+128.7%C$1.93BC$142.55M7.10219
SII
Sprott
0.345 of 5 stars
C$60.83
-2.4%
C$67.00
+10.1%
+23.6%C$1.09BC$114.38M23.71170
BITF
Bitfarms
2.0195 of 5 stars
C$2.00
+0.5%
C$6.50
+225.0%
-56.6%C$701.44MC$159.92M-4.50110Negative News
VBNK
VersaBank
2.1097 of 5 stars
C$19.44
flat
C$20.00
+2.9%
+18.9%C$629.09MC$248.46M12.64100News Coverage
WED
Westaim
0.0951 of 5 stars
C$33.98
-0.1%
C$7.75
-77.2%
+759.7%C$502.03MC$10.20M76.883,240
PTS
Points.com
N/AN/AN/AN/AC$480.57MC$432.40M169.26240,000
WFC
Wall Financial
N/AC$13.96
-3.7%
N/A-37.3%C$448.06MC$193.65M18.04238,000News Coverage
Gap Down
ML
Millennial Lithium
N/AC$4.04
+2.0%
N/A+0.0%C$395.36MN/A-20.20560Gap Down

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This page (TSE:BLX) was last updated on 2/23/2025 by MarketBeat.com Staff
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