Boralex Inc. (TSX: BLX)

Canada flag Canada · Delayed Price · Currency is CAD
32.12
+0.16 (0.50%)
May 17, 2024, 4:00 PM EDT
-17.20%
Market Cap 3.30B
Revenue (ttm) 986.00M
Net Income (ttm) 90.00M
Shares Out 102.77M
EPS (ttm) 0.87
PE Ratio 32.78
Forward PE 25.51
Dividend 0.66 (2.06%)
Ex-Dividend Date May 31, 2024
Volume 322,427
Open 32.00
Previous Close 31.96
Day's Range 31.57 - 32.24
52-Week Range 25.40 - 39.50
Beta 0.41
Analysts n/a
Price Target 38.90 (+21.11%)
Earnings Date Aug 12, 2024

About Boralex

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 ... [Read more]

Sector Utilities
CEO Patrick Decostre
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol BLX
Full Company Profile

Financial Performance

In 2023, Boralex's revenue was 1.02 billion, an increase of 22.25% compared to the previous year's 836.00 million. Earnings were 78.00 million, an increase of 875.00%.

Financial Statements

News

Limekiln Wind Farm: Boralex achieves major milestone, closes its first project financing in the UK

EDINBURGH, United Kingdom, May 16, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the long-term financing of its largest project in Europe, the 10...

4 days ago - GlobeNewsWire

Boralex announces the election of its directors and highlights of its Annual Meeting of Shareholders

MONTREAL, May 15, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) held its annual meeting of shareholders earlier today. During the online meeting chaired by Alain Rhéaum...

5 days ago - GlobeNewsWire

Boralex GAAP EPS of C$0.53

5 days ago - Seeking Alpha

Boralex announces a substantial 62% increase in net earnings and continued disciplined development of highly promising projects

Highlights Financial results Higher EBITDA(A) 1 , operating income and net earnings than in Q1- 2023 Increases mainly attributable to higher wind farm production in North America, the contribution fro...

5 days ago - GlobeNewsWire

REMINDER - Boralex to hold virtual annual meeting of shareholders on May 15

MONTREAL, May 14, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces that it will hold its Annual Meeting of Shareholders in a virtual-only format at 11:00 a.m. on...

6 days ago - GlobeNewsWire

REMINDER -- Boralex will release its 2024 first quarter financial results on May 15

MONTREAL, May 13, 2024 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2024 first quarter results will take place on Wednesday, May 15, 2024,...

7 days ago - GlobeNewsWire

Boralex to hold virtual annual meeting of shareholders on May 15

MONTREAL, April 16, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces that it will hold its Annual Meeting of Shareholders in a virtual-only format at 11:00 a.m. ...

4 weeks ago - GlobeNewsWire

Boralex will release its 2024 first quarter financial results on May 15

MONTREAL, April 08, 2024 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2024 first quarter results will take place on Wednesday, May 15, 202...

6 weeks ago - GlobeNewsWire

Boralex GAAP EPS of C$0.76

2 months ago - Seeking Alpha

Boralex posts record net earnings of $115 million for 2023 and increases its financial flexibility, with nearly $550 million in available cash resources and authorized financing1 to support its growth

Highlights Financial results Significant increase in earnings for the fourth quarter and record results achieved in fiscal 2023 overall Increase is mainly attributable to strong wind farm performance ...

2 months ago - GlobeNewsWire

REMINDER -- Boralex will release its 2023 fourth quarter financial results on March 1st

MONTREAL, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2023 fourth quarter results will take place on Friday, March 1st, 202...

2 months ago - GlobeNewsWire

Boralex: Dividend Declaration

MONTREAL, Feb. 13, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) has declared a quarterly dividend of $0.165 per common share.

3 months ago - GlobeNewsWire

2 Boralex Projects Totalling 365 MW Selected in Hydro-Québec Wind Power Call for Tenders

MONTREAL, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce that two wind power projects, totalling 365 MW, have been selected in Hydro-Québ...

4 months ago - GlobeNewsWire

Boralex will release its 2023 fourth quarter financial results on March 1st

MONTREAL, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2023 fourth quarter results will take place on Friday, March 1st, 202...

4 months ago - GlobeNewsWire

Boralex announces appointment of Dominique Minière to its Board of Directors

MONTREAL, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the appointment of Dominique Minière to its Board of Directors.

4 months ago - GlobeNewsWire

Boralex Inc. (BRLXF) Q3 2023 Earnings Call Transcript

Boralex Inc. (OTCPK:BRLXF) Q3 2023 Earnings Conference Call November 9, 2023 11:00 AM ETCompany ParticipantsStephane Milot - Vice President, Investor...

6 months ago - Seeking Alpha

Boralex GAAP EPS of -C$0.03, revenue of C$171M

Boralex press release reveals Q3 2023 GAAP EPS of -C0.03 and impressive revenue growth of 69.3% YoY, reaching C$171M.

6 months ago - Seeking Alpha

REMINDER -- Boralex will release its 2023 third quarter financial results on November 9

MONTREAL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2023 third quarter results will take place on Thursday, November 9, 2...

6 months ago - GlobeNewsWire

Boralex will release its 2023 third quarter financial results on November 9

MONTREAL, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2023 third quarter results will take place on Thursday, November 9, 2...

7 months ago - GlobeNewsWire

Boralex secures Contract for Difference (CfD) for Limekiln Wind Farm in Scotland

WIMBORNE, United Kingdom, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce that a Contract for Difference (CfD) has been secured for its L...

9 months ago - GlobeNewsWire

Boralex and the Innu announce the closing of a financing for over $600 million for the Apuiat wind farm in Quebec

MONTRÉAL, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) and its Innu community partners in Parc éolien Apuiat S.E.C. (the “Innu”) are pleased to announce the ...

9 months ago - GlobeNewsWire

Boralex stock rises as French prices and new wind farms boost revenue

Boralex Inc. (TSX:BLX) stock traded on the front foot in Monday's morning trading, up 10%, after quarterly results confirmed a ‘robust' performance. It comes despite North American weather challenges,...

10 months ago - Proactive Investors

Boralex increases its net earnings and combined results by actively pursuing its growth strategy in the second quarter of 2023

Highlights Net Earnings up from Q2-2022, operating income and EBITDA(A)2 down on a Consolidated basis but up on a Combined1 basis In the second quarter of 2022, financial results and cash flows includ...

10 months ago - GlobeNewsWire