How to buy Boralex stock in Canada

Boralex is an utilities - renewable business based in Canada. Boralex shares (BLX) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$29.21 – an increase of 0.76% over the previous week. Boralex employs 790 staff and has a trailing 12-month revenue of around C$959 million.

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Boralex stock price (Toronto Stock Exchange (TSX): BLX)

Use our graph to track the performance of BLX stocks over time.

Boralex stocks at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	C$29.21
52-week range	C$25.84 - C$36.42
50-day moving average more info button	C$32.28
200-day moving average more info button	C$32.09
Wall St. target price	C$42.00
PE ratio more info button	34.6279
Dividend yield more info button	C$0 (2.01%)
Earnings per share (TTM) more info button	C$0.86

Is it a good time to buy Boralex stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

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Boralex price performance over time

Historical closes compared with the close of C$29.02 from 2024-12-19

1 week (2024-12-13)	0.10%
1 month (2024-11-22)	-2.75%
3 months (2024-09-20)	-18.25%
6 months (2024-06-21)	-12.56%

1 year (2023-12-21)	-11.93%
2 years (2022-12-21)	-22.66%
3 years (2021-12-21)	32.9684
5 years (2019-12-20)	29.56%

Is Boralex stock undervalued or overvalued?

Valuing Boralex stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Boralex's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Boralex's P/E ratio

Boralex's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 35x. In other words, Boralex shares trade at around 35x recent earnings.

Boralex's PEG ratio

Boralex's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.2204. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Boralex's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Boralex's EBITDA

Boralex's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$547 million.

The EBITDA is a measure of a Boralex's overall financial performance and is widely used to measure a its profitability.

Boralex financials

Revenue TTM	C$959 million
Operating margin TTM	20.11%
Gross profit TTM	C$578 million
Return on assets TTM	2.54%
Return on equity TTM	6.69%
Profit margin	9.91%
Book value	C$15.85
Market Capitalization more info button	C$3.1 billion
EBITDA more info button	C$547 million

TTM: trailing 12 months

Boralex stock dividends

Dividend payout ratio: 76.59% of net profits

Recently Boralex has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Boralex shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Boralex's case, that would currently equate to about C$0 per share.

Boralex's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Boralex's most recent dividend payout was on 15 December 2024. The latest dividend was paid out to all shareholders who bought their stocks by 28 November 2024 (the "ex-dividend date").

Have Boralex's stocks ever split?

Boralex's stocks were split on a 1:10 basis on 3 April 1997 . So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Boralex stocks – just the quantity. However, indirectly, the new 900% higher stock price could have impacted the market appetite for Boralex stocks, which in turn could have impacted Boralex's stock price.

Boralex stock price volatility

Over the last 12 months, Boralex's stocks have ranged in value from as little as C$25.8388 up to C$36.4163. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Boralex's is 0.458. This would suggest that Boralex's stocks are less volatile than average (for this exchange).

Boralex overview

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada..

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Frequently asked questions

What percentage of Boralex is owned by insiders or institutions?
Currently 0.161% of Boralex stocks are held by insiders and 58.855% by institutions. How many people work for Boralex?
Latest data suggests 790 work at Boralex. When does the fiscal year end for Boralex?
Boralex's fiscal year ends in December. Where is Boralex based?
Boralex's address is: 36 Lajeunesse Street, Kingsey Falls, QC, Canada, J0A 1B0 What is Boralex's ISIN number?
Boralex's international securities identification number is: CA09950M3003

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