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Boralex (BLX) Competitors

Boralex logo
C$30.56 -0.80 (-2.55%)
As of 08/1/2025 04:00 PM Eastern

BLX vs. KEY, BNC, HUT, SII, BITF, VBNK, WFC, PTS, WED, 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), Wall Financial (WFC), Points.com (PTS), Westaim (WED), and Millennial Lithium (ML). These companies are all part of the "banking" industry.

Boralex vs. Its Competitors

Boralex (TSE:BLX) and Keyera (TSE:KEY) are both banking companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, dividends, profitability, media sentiment, risk and valuation.

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

Boralex presently has a consensus price target of C$39.22, indicating a potential upside of 28.34%. Keyera has a consensus price target of C$51.27, indicating a potential upside of 17.41%. 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)
3.17
Keyera
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
4 Strong Buy rating(s)
3.08

Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 2.2%. Keyera pays an annual dividend of C$2.08 per share and has a dividend yield of 4.8%. 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.

Company Net Margins Return on Equity Return on Assets
Boralex7.55% 4.29% 2.54%
Keyera 5.97%16.05%6.15%

In the previous week, Boralex had 7 more articles in the media than Keyera. MarketBeat recorded 9 mentions for Boralex and 2 mentions for Keyera. Keyera's average media sentiment score of 0.23 beat Boralex's score of -0.26 indicating that Keyera is being referred to more favorably in the news media.

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

Boralex has a beta of 0.46, suggesting that its share price is 54% less volatile than the S&P 500. Comparatively, Keyera has a beta of 2.09, suggesting that its share price is 109% more 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
BoralexC$952.11M3.34C$71.91MC$0.6844.80
KeyeraC$7.53B1.34C$449.23MC$1.9422.51

Summary

Keyera beats Boralex on 11 of the 19 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 BLX 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$3.18BC$1.70BC$16.00BC$6.20B
Dividend Yield2.54%5.73%5.46%6.72%
P/E Ratio44.8010.6919.9563.43
Price / Sales3.342,189.43201.671,250.99
Price / Cash6.3642.3619.0383.29
Price / Book1.561.402.144.87
Net IncomeC$71.91MC$289.63MC$751.46MC$301.20M
7 Day Performance-3.26%-0.75%-0.96%-2.26%
1 Month Performance-5.21%114.97%20.30%0.80%
1 Year Performance-9.96%961.60%182.92%26.62%

Boralex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLX
Boralex
2.8428 of 5 stars
C$30.56
-2.6%
C$39.22
+28.3%
-10.5%C$3.18BC$952.11M44.80180
KEY
Keyera
2.8146 of 5 stars
C$43.41
+0.8%
C$51.27
+18.1%
+12.5%C$10.00BC$7.53B22.3717,500News Coverage
Earnings Report
Lockup Expiration
Analyst Revision
Gap Down
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$29.46
-0.3%
N/A+14.7%C$8.94BN/A0.00206,500
HUT
Hut 8
N/AC$27.93
flat
N/A+41.6%C$1.86BC$142.55M6.83219Gap Down
SII
Sprott
0.5567 of 5 stars
C$94.70
-2.5%
C$88.33
-6.7%
+53.7%C$1.69BC$114.38M36.90170
BITF
Bitfarms
2.2292 of 5 stars
C$1.75
+3.6%
C$3.75
+114.3%
-52.9%C$613.76MC$159.92M-3.94110
VBNK
VersaBank
1.4869 of 5 stars
C$15.92
+0.7%
C$19.00
+19.3%
-1.9%C$515.18MC$248.46M10.35100
WFC
Wall Financial
N/AC$16.00
-4.2%
N/A-19.9%C$513.53MC$193.65M20.68238,000Gap Down
PTS
Points.com
N/AN/AN/AN/AC$480.57MC$432.40M169.26240,000
WED
Westaim
0.1329 of 5 stars
C$30.08
-1.3%
C$7.75
-74.2%
+645.5%C$444.41MC$10.20M68.063,240News Coverage
Positive News
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 8/2/2025 by MarketBeat.com Staff
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