Boralex (BLX) Competitors C$28.91 -0.21 (-0.72%) As of 04/15/2025 04:00 PM Eastern Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesBuy This Stock BLX vs. KEY, BNC, HUT, SII, PTS, WED, VBNK, ML, BITF, and GRNShould 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), Points.com (PTS), Westaim (WED), VersaBank (VBNK), Millennial Lithium (ML), Bitfarms (BITF), and Greenlane Renewables Inc. (GRN.V) (GRN). These companies are all part of the "banking" industry. Boralex vs. Keyera Purpose Canadian Financial Income Fund Series ETF Hut 8 Sprott Points.com Westaim VersaBank Millennial Lithium Bitfarms Greenlane Renewables Inc. (GRN.V) Boralex (TSE:BLX) and Keyera (TSE:KEY) are both mid-cap utilities companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, valuation, dividends, community ranking, institutional ownership, analyst recommendations, risk, profitability and earnings. Which has stronger earnings and valuation, BLX or KEY? 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 RatioBoralexC$952.11M3.16C$71.91MC$0.6842.38KeyeraC$7.53B1.27C$449.23MC$1.9421.43 Does the media favor BLX or KEY? In the previous week, Boralex had 1 more articles in the media than Keyera. MarketBeat recorded 11 mentions for Boralex and 10 mentions for Keyera. Boralex's average media sentiment score of 0.25 beat Keyera's score of -0.17 indicating that Boralex is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Boralex 3 Very Positive mention(s) 0 Positive mention(s) 1 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Neutral Keyera 2 Very Positive mention(s) 1 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Neutral Does the MarketBeat Community prefer BLX or KEY? 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. CompanyUnderperformOutperformBoralexOutperform Votes39462.64% Underperform Votes23537.36% KeyeraOutperform Votes54455.79% Underperform Votes43144.21% Is BLX or KEY a better dividend stock? 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 5.0%. 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. Do insiders & institutionals believe in BLX or KEY? 58.3% of Boralex shares are owned by institutional investors. Comparatively, 44.0% of Keyera shares are owned by institutional investors. 0.2% of Boralex shares are owned by company insiders. Comparatively, 0.4% of Keyera shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth. Is BLX or KEY more profitable? 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 Boralex7.55% 4.29% 2.54% Keyera 5.97%16.05%6.15% Do analysts prefer BLX or KEY? Boralex currently has a consensus price target of C$40.25, suggesting a potential upside of 39.23%. Keyera has a consensus price target of C$44.77, suggesting a potential upside of 7.70%. Given Boralex's stronger consensus rating and higher possible upside, analysts clearly believe Boralex is more favorable than Keyera.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Boralex 0 Sell rating(s) 1 Hold rating(s) 3 Buy rating(s) 2 Strong Buy rating(s) 3.17Keyera 0 Sell rating(s) 5 Hold rating(s) 7 Buy rating(s) 2 Strong Buy rating(s) 2.79 Which has more risk and volatility, BLX or KEY? 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. SummaryBoralex and Keyera tied by winning 10 of the 20 factors compared between the two stocks. Remove Ads 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. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?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. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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.Skip Chart BLX vs. The Competition Export to ExcelMetricBoralexUtilities IndustryUtilities SectorTSE ExchangeMarket CapC$3.01BC$1.22BC$15.41BC$5.47BDividend Yield2.54%5.34%5.92%6.84%P/E Ratio42.389.0815.2331.24Price / Sales3.1691.1921.47544.75Price / Cash6.3638.2818.4382.93Price / Book1.471.341.963.54Net IncomeC$71.91MC$258.26MC$664.08MC$299.64M7 Day Performance3.51%2.66%2.50%2.06%1 Month Performance0.21%0.46%1.47%-2.79%1 Year Performance9.51%3.84%11.51%10.17% Boralex Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)BLXBoralex2.1212 of 5 starsC$28.91-0.7%C$40.25+39.2%+5.7%C$3.01BC$952.11M42.38180Gap DownKEYKeyera0.8496 of 5 starsC$40.90-2.2%C$44.77+9.5%+18.1%C$9.42BC$7.53B21.0817,500Analyst RevisionNews CoverageGap DownBNCPurpose Canadian Financial Income Fund Series ETFN/AC$25.20-2.7%N/A+5.1%C$7.65BN/A0.00206,500Gap DownHUTHut 8N/AC$16.28+0.6%N/A+59.4%C$1.08BC$142.55M3.98219Analyst UpgradeGap DownSIISprott0.6193 of 5 starsC$57.76-0.2%C$69.75+20.8%+24.3%C$1.03BC$114.38M22.51170High Trading VolumePTSPoints.comN/AN/AN/AN/AC$480.57MC$432.40M169.26240,000WEDWestaim0.1789 of 5 starsC$29.20+3.2%C$7.75-73.5%+733.5%C$431.41MC$10.20M66.063,240Gap DownHigh Trading VolumeVBNKVersaBank2.3901 of 5 starsC$12.80-2.3%C$17.00+32.8%+2.1%C$414.21MC$248.46M8.32100Gap DownMLMillennial LithiumN/AC$4.04+2.0%N/A+0.0%C$395.36MN/A-20.20560Gap DownBITFBitfarms2.2113 of 5 starsC$1.06-0.9%C$3.75+253.8%-53.9%C$371.76MC$159.92M-2.39110Gap DownGRNGreenlane Renewables Inc. (GRN.V)0.0628 of 5 starsC$2.78+16.3%C$0.05-98.2%+0.0%C$368.17MC$16.93M-102.9649Positive NewsGap Up Remove Ads Related Companies and Tools Related Companies Keyera Competitors Purpose Canadian Financial Income Fund Series ETF Competitors Hut 8 Competitors Sprott Competitors Points.com Competitors Westaim Competitors VersaBank Competitors Millennial Lithium Competitors Bitfarms Competitors Greenlane Renewables Inc. (GRN.V) Competitors Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (TSE:BLX) was last updated on 4/16/2025 by MarketBeat.com Staff From Our PartnersTwo Unmistakable Patterns Return…The signs suggest we're entering one of those rare periods now. 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