Raymond James Financial Comments on Boralex FY2025 Earnings

Boralex Inc. (TSE:BLX) – Research analysts at Raymond James Financial cut their FY2025 earnings per share estimates for Boralex in a research note issued on Monday, August 11th. Raymond James Financial analyst D. Magder now anticipates that the company will post earnings per share of $0.89 for the year, down from their previous estimate of $0.94. Raymond James Financial has a “Moderate Buy” rating on the stock. 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 2026 earnings at $0.84 EPS.

Several other analysts have also commented on BLX. National Bank Financial raised Boralex to a “strong-buy” rating in a report on Sunday, June 8th. TD Securities lifted their price objective on Boralex from C$35.00 to C$38.00 and gave the stock a “buy” rating in a research report on Wednesday, June 18th. Scotiabank reduced 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. BMO Capital Markets cut their target price on Boralex from C$42.00 to C$39.00 in a research note on Thursday, May 22nd. Finally, Desjardins set a C$45.00 target price on Boralex and gave the stock a “top pick” rating in a research note on Wednesday, June 18th. One equities research analyst has rated the stock with a hold rating, three have given 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 a consensus price target of C$38.89.

Boralex Stock Up 0.5%

Shares of BLX opened at C$29.69 on Wednesday. The company has a current ratio of 0.86, a quick ratio of 1.54 and a debt-to-equity ratio of 233.60. Boralex has a 12 month low of C$24.40 and a 12 month high of C$36.63. The stock’s 50 day moving average is C$31.60 and its two-hundred day moving average is C$29.81. The firm has a market cap of C$3.09 billion, a P/E ratio of 43.53, a PEG ratio of 2.01 and a beta of 0.46.

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.