Boralex Q3 EPS Forecast Raised by National Bank Financial

Boralex Inc. (TSE:BLX) – Stock analysts at National Bank Financial increased their Q3 2025 earnings per share (EPS) estimates for shares of Boralex in a note issued to investors on Wednesday, May 14th. National Bank Financial analyst R. Merer now anticipates that the company will post earnings of ($0.18) per share for the quarter, up from their prior forecast of ($0.19). The consensus estimate for Boralex’s current full-year earnings is $1.34 per share. National Bank Financial also issued estimates for Boralex’s FY2025 earnings at $0.76 EPS and FY2026 earnings at $0.77 EPS.

A number of other research analysts have also recently commented on BLX. Raymond James raised Boralex to a “moderate buy” rating in a report on Thursday, May 15th. National Bankshares lowered their price target on Boralex from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Scotiabank lowered their price target on Boralex from C$42.00 to C$36.00 and set a “sector perform” rating on the stock in a report on Thursday, January 30th. Finally, Cormark decreased their price objective on Boralex from C$47.00 to C$35.00 in a report on Thursday, January 30th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$40.25.

Boralex Stock Up 3.9%

BLX stock opened at C$30.92 on Monday. The business’s 50-day moving average price is C$29.46 and its 200-day moving average price is C$28.88. The company has a quick ratio of 1.54, a current ratio of 0.86 and a debt-to-equity ratio of 233.60. Boralex has a twelve month low of C$24.40 and a twelve month high of C$36.68. The stock has a market cap of C$3.22 billion, a P/E ratio of 45.33, a PEG ratio of 2.01 and a beta of 0.46.

Insider Transactions at Boralex

In other news, Director Patrick Decostre sold 8,671 shares of the business’s stock in a transaction that occurred 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. Also, Director Ricky Fontaine bought 1,000 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of C$29.10 per share, for a total transaction of C$29,100.00. Insiders own 0.16% of the company’s stock.

Boralex Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 17th were issued a dividend of $0.165 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.66 annualized dividend and a dividend yield of 2.13%. Boralex’s dividend payout ratio (DPR) is 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.