National Bank Financial Predicts Boralex Q1 Earnings

Boralex Inc. (TSE:BLX) – Equities research analysts at National Bank Financial cut their Q1 2025 earnings per share estimates for shares of Boralex in a report released on Tuesday, April 8th. National Bank Financial analyst R. Merer now anticipates that the company will earn $0.41 per share for the quarter, down from their prior estimate of $0.46. The consensus estimate for Boralex’s current full-year earnings is $1.34 per share. National Bank Financial also issued estimates for Boralex’s Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $0.81 EPS and FY2026 earnings at $0.82 EPS.

A number of other brokerages have also commented on BLX. Cormark decreased their price objective on Boralex from C$47.00 to C$35.00 in a report on Thursday, January 30th. Scotiabank reduced their target price on Boralex from C$42.00 to C$36.00 and set a “sector perform” rating for the company in a report on Thursday, January 30th. National Bankshares reduced their target price on Boralex from C$46.00 to C$43.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. CIBC reduced their target price on Boralex from C$42.00 to C$40.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. Finally, Raymond James dropped their price objective on Boralex from C$41.00 to C$39.00 in a research note on Monday, March 3rd. One analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Boralex currently has a consensus rating of “Buy” and a consensus price target of C$40.25.

Boralex Stock Performance

Shares of BLX opened at C$27.93 on Thursday. The company has a debt-to-equity ratio of 233.60, a quick ratio of 1.54 and a current ratio of 0.86. The stock has a 50 day moving average price of C$27.79 and a two-hundred day moving average price of C$29.94. The firm has a market capitalization of C$2.91 billion, a P/E ratio of 40.95, a P/E/G ratio of 2.01 and a beta of 0.46. Boralex has a 52 week low of C$24.40 and a 52 week high of C$36.68.

Insider Transactions at Boralex

In other news, Director Ricky Fontaine purchased 1,000 shares of the company’s stock in a transaction on Thursday, March 6th. The stock was purchased at an average price of C$29.10 per share, with a total value of C$29,100.00. Also, Director Patrick Decostre sold 8,671 shares of Boralex stock in a transaction dated Monday, March 10th. The stock was sold at an average price of C$30.00, for a total value of C$260,130.00. Corporate insiders own 0.16% of the company’s stock.

Boralex Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 17th were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend was Friday, February 28th. Boralex’s payout ratio is currently 96.76%.

Boralex Company Profile

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.