National Bank Financial Predicts Boralex Q1 Earnings

Boralex Inc. (TSE:BLX) – Research analysts at National Bank Financial dropped their Q1 2025 EPS estimates for Boralex in a research note issued to investors on Tuesday, April 8th. National Bank Financial analyst R. Merer now anticipates that the company will post earnings of $0.41 per share for the quarter, down from their prior forecast 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.

BLX has been the subject of several other reports. CIBC lowered their price target 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. Raymond James decreased their price target on Boralex from C$41.00 to C$39.00 in a research note on Monday, March 3rd. National Bankshares decreased their price target 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. Cormark decreased their price target on Boralex from C$47.00 to C$35.00 in a research note on Thursday, January 30th. Finally, Scotiabank cut their price objective on Boralex from C$42.00 to C$36.00 and set a “sector perform” rating for the company in a research report on Thursday, January 30th. One equities research 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. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$40.25.

Boralex Price Performance

Boralex stock 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. Boralex has a 52 week low of C$24.40 and a 52 week high of C$36.68. The firm has a market cap 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. The business’s fifty day moving average is C$27.79 and its two-hundred day moving average is C$29.94.

Insiders Place Their Bets

In other news, Director Ricky Fontaine acquired 1,000 shares of Boralex stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average price of C$29.10 per share, for a total transaction of C$29,100.00. Also, Director Patrick Decostre sold 8,671 shares of the business’s stock in a transaction on 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 17th were paid a dividend of $0.165 per share. The ex-dividend date was Friday, February 28th. This represents a $0.66 dividend on an annualized basis and a yield of 2.36%. Boralex’s dividend payout ratio (DPR) is presently 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.