Boralex Inc. (TSE:BLX – Free Report) – Equities research analysts at Cormark issued their Q3 2024 earnings per share estimates for Boralex in a research note issued to investors on Monday, October 21st. Cormark analyst N. Boychuk forecasts that the company will earn ($0.14) per share for the quarter. The consensus estimate for Boralex’s current full-year earnings is $1.34 per share.
Boralex (TSE:BLX – Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported C$0.10 EPS for the quarter, topping analysts’ consensus estimates of C$0.04 by C$0.06. The firm had revenue of C$180.00 million for the quarter, compared to the consensus estimate of C$211.65 million. Boralex had a return on equity of 6.69% and a net margin of 9.91%.
View Our Latest Analysis on Boralex
Boralex Stock Performance
Shares of TSE:BLX opened at C$35.82 on Wednesday. The company has a debt-to-equity ratio of 175.24, a current ratio of 0.95 and a quick ratio of 1.54. The business’s 50 day moving average price is C$34.21 and its 200-day moving average price is C$32.48. The firm has a market capitalization of C$3.68 billion, a PE ratio of 38.37, a P/E/G ratio of 2.01 and a beta of 0.46. Boralex has a 1 year low of C$25.49 and a 1 year high of C$36.68.
Boralex Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Friday, August 30th were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Friday, August 30th. Boralex’s dividend payout ratio (DPR) is 70.97%.
Boralex Company Profile
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.
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