Raymond James Financial Cuts Earnings Estimates for Boralex

Boralex Inc. (TSE:BLX) – Equities researchers at Raymond James Financial dropped their FY2025 earnings per share estimates for Boralex in a research report issued to clients and investors on Sunday, November 9th. Raymond James Financial analyst D. Magder now forecasts that the company will earn $0.76 per share for the year, down from their prior estimate of $0.89. The consensus estimate for Boralex’s current full-year earnings is $1.34 per share. Raymond James Financial also issued estimates for Boralex’s Q4 2025 earnings at $0.83 EPS, Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $0.12 EPS and FY2026 earnings at $1.48 EPS.

Other equities research analysts also recently issued research reports about the stock. National Bankshares decreased their price target on shares of Boralex from C$43.00 to C$41.00 and set an “outperform” rating on the stock in a research note on Monday, August 11th. Desjardins reduced their target price on shares of Boralex from C$45.00 to C$43.00 and set a “top pick” rating on the stock in a report on Tuesday, October 28th. Royal Bank Of Canada lowered their price target on shares of Boralex from C$38.00 to C$36.00 in a report on Monday. CIBC dropped their price target on Boralex from C$39.00 to C$38.00 in a research report on Monday. Finally, Scotiabank decreased their price objective on Boralex from C$36.00 to C$35.00 and set a “sector perform” rating on the stock in a research report on Monday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Boralex presently has a consensus rating of “Buy” and an average target price of C$38.22.

Boralex Stock Down 0.8%

Shares of BLX opened at C$28.41 on Tuesday. The company has a debt-to-equity ratio of 233.60, a current ratio of 0.86 and a quick ratio of 1.54. The stock has a market capitalization of C$2.92 billion, a price-to-earnings ratio of -315.67, a price-to-earnings-growth ratio of 2.01 and a beta of 0.33. Boralex has a 1 year low of C$24.40 and a 1 year high of C$33.61. The business’s 50 day simple moving average is C$27.84 and its 200-day simple moving average is C$29.97.

Boralex Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, September 15th were given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, August 29th. Boralex’s dividend payout ratio is -733.33%.

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.