Boralex Q3 EPS Forecast Raised by National Bank Financial

Boralex Inc. (TSE:BLX) – Equities research analysts at National Bank Financial increased their Q3 2025 earnings estimates for Boralex in a note issued to investors on Tuesday, April 8th. National Bank Financial analyst R. Merer now anticipates that the company will post earnings per share of ($0.19) for the quarter, up from their previous forecast of ($0.20). The consensus estimate for Boralex’s current full-year earnings is $1.34 per share.

A number of other analysts also recently commented on BLX. CIBC lowered their target price on Boralex from C$42.00 to C$40.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Cormark decreased their target price on shares of Boralex from C$47.00 to C$35.00 in a research report on Thursday, January 30th. National Bankshares dropped their price objective on Boralex from C$46.00 to C$43.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Scotiabank dropped their price target on shares of Boralex from C$42.00 to C$36.00 and set a “sector perform” rating for the company in a research note on Thursday, January 30th. Finally, Raymond James decreased their price target on shares of 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 given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$40.25.

Boralex Stock Up 0.3 %

TSE:BLX opened at C$28.45 on Friday. Boralex has a twelve month low of C$24.40 and a twelve month high of C$36.68. The company’s 50 day moving average is C$27.94 and its two-hundred day moving average is C$29.85. The company has a current ratio of 0.86, a quick ratio of 1.54 and a debt-to-equity ratio of 233.60. The company has a market cap of C$2.96 billion, a PE ratio of 41.71, a P/E/G ratio of 2.01 and a beta of 0.46.

Boralex Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 17th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.66 dividend on an annualized basis and a yield of 2.32%. Boralex’s dividend payout ratio (DPR) is 96.76%.

Insider Activity

In other Boralex news, Director Ricky Fontaine acquired 1,000 shares of the firm’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 the stock in a transaction on Monday, March 10th. The stock was sold at an average price of C$30.00, for a total transaction of C$260,130.00. Insiders own 0.16% of the company’s stock.

About Boralex

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.