B3H Stock Overview Engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. More details
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Price History & Performance
Summary of share price highs, lows and changes for Boralex Historical stock prices Current Share Price CA$17.93 52 Week High CA$24.36 52 Week Low CA$17.88 Beta 0.39 1 Month Change -7.77% 3 Month Change -22.58% 1 Year Change -21.19% 3 Year Change -14.42% 5 Year Change 0.73% Change since IPO 177.13%
Recent News & Updates
Third quarter 2024 earnings released: CA$0.13 loss per share (vs CA$0.029 loss in 3Q 2023) Nov 16
Boralex Inc. Declares Quarterly Dividend, Payable on December 16, 2024 Nov 15
Insufficient new directors Nov 05
Boralex Inc. (TSX:BLX) acquired 43 megawatts (MW) in Scotland from PNE AG. Oct 11
Second quarter dividend of CA$0.17 announced Aug 19
Second quarter 2024 earnings released: EPS: CA$0.10 (vs CA$0.18 in 2Q 2023) Aug 15 See more updates
Third quarter 2024 earnings released: CA$0.13 loss per share (vs CA$0.029 loss in 3Q 2023) Nov 16
Boralex Inc. Declares Quarterly Dividend, Payable on December 16, 2024 Nov 15
Insufficient new directors Nov 05
Boralex Inc. (TSX:BLX) acquired 43 megawatts (MW) in Scotland from PNE AG. Oct 11
Second quarter dividend of CA$0.17 announced Aug 19
Second quarter 2024 earnings released: EPS: CA$0.10 (vs CA$0.18 in 2Q 2023) Aug 15
Boralex Inc. Declares Quarterly Dividend, Payable on September 17, 2024 Aug 14
Boralex Inc. Announces the Appointment of Ricky Fontaine to Its Board of Directors Aug 08
Boralex Inc. to Report Q2, 2024 Results on Aug 14, 2024 Jul 16
First quarter dividend of CA$0.17 announced May 19
First quarter 2024 earnings released: EPS: CA$0.53 (vs CA$0.42 in 1Q 2023) May 16
Boralex Inc. Announces Quarterly Dividend, Payable on June 17, 2024 May 16
Boralex Inc. to Report Q1, 2024 Results on May 15, 2024 Apr 09
Full year 2023 earnings released: EPS: CA$0.76 (vs CA$0.29 in FY 2022) Mar 03
Upcoming dividend of CA$0.17 per share Feb 21
Third quarter dividend of CA$0.17 announced Feb 19
Boralex Inc., Annual General Meeting, May 15, 2024 Feb 17
Boralex Inc. Declares Quarterly Dividend, Payable on March 15, 2024 Feb 13 Boralex Inc. to Report Q4, 2023 Results on Mar 01, 2024
Boralex Inc. Announces Appointment of Dominique Minière to Its Board of Directors Jan 15
Upcoming dividend of CA$0.17 per share at 2.2% yield Nov 23
Boralex Inc. Announces Quarterly Dividend, Payable on December 15, 2023 Nov 11
Third quarter 2023 earnings released: CA$0.03 loss per share (vs CA$0.43 loss in 3Q 2022) Nov 10
Boralex Inc. to Report Q3, 2023 Results on Nov 09, 2023 Oct 11
Now 22% undervalued after recent price drop Oct 03
Upcoming dividend of CA$0.17 per share at 2.0% yield Aug 23
Second quarter 2023 earnings released: EPS: CA$0.19 (vs CA$0.097 in 2Q 2022) Aug 15
Boralex Inc. to Report Q2, 2023 Results on Aug 14, 2023 Jul 14
Boralex inc. Announces the Appointment of Mihaela Stefanov as Senior Vice President, Enterprise Risk Management and Corporate Social Responsibility Jul 04
Upcoming dividend of CA$0.17 per share at 1.7% yield May 23
First quarter 2023 earnings released: EPS: CA$0.41 (vs CA$0.49 in 1Q 2022) May 11
Boralex Inc. Announces Quarterly Dividend, Payable on June 15, 2023 May 11
President recently bought €69k worth of stock Mar 05
Full year 2022 earnings released: EPS: CA$0.30 (vs CA$0.17 in FY 2021) Feb 26
Upcoming dividend of CA$0.17 per share at 1.8% yield Feb 20
Boralex Inc., Annual General Meeting, May 10, 2023 Feb 17
Boralex Inc. Declares Quarterly Dividend, Payable on March 15, 2023 Feb 15
Boralex Inc. to Report Q4, 2022 Results on Feb 24, 2023 Jan 26
Boralex Inc. acquired 50% interest in five operating wind farms of EDF Renewables from EDF Renewables Inc. for CAD339.7 million. Dec 30
Upcoming dividend of CA$0.17 per share Nov 22
Third quarter 2022 earnings released: CA$0.44 loss per share (vs CA$0.20 loss in 3Q 2021) Nov 10
Boralex Inc. Announces A Quarterly Dividend, Payable on December 15, 2022 Nov 10
Boralex Announces Management Changes Oct 29
Now 21% undervalued after recent price drop Oct 22 Boralex Inc. to Report Q3, 2022 Results on Nov 09, 2022
Independent Director recently bought €55k worth of stock Sep 16
Upcoming dividend of CA$0.17 per share Aug 23
Second quarter 2022 earnings released: EPS: CA$0.10 (vs CA$0.13 loss in 2Q 2021) Aug 04
Boralex Inc. to Report Q2, 2022 Results on Aug 03, 2022 Jul 13
Boralex Inc. (TSX:BLX) acquired Infinergy Limited. Jul 05
Upcoming dividend of CA$0.17 per share May 23
First quarter 2022 earnings released: EPS: CA$0.49 (vs CA$0.33 in 1Q 2021) May 17 Boralex Inc. Announces Board Changes
Boralex Inc. to Report Q1, 2022 Results on May 11, 2022 Apr 13
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Feb 25 Energy Infrastructure Partners signed an agreement to acquire 30% stake in Assets and Development Pipeline of Boralex Inc. (TSX:BLX) for €532 million. Feb 25
Upcoming dividend of CA$0.17 per share Feb 18
Boralex Inc., Annual General Meeting, May 11, 2022 Feb 18
Resolute Forest Products Inc. (NYSE:RFP) agreed to acquire 34.5 MW Senneterre power plant from Boralex Inc. (TSX:BLX). Feb 15
Boralex Inc. Announces Quarterly Dividend, Payable on March 15, 2022 Feb 12
Upcoming dividend of CA$0.17 per share Nov 22
Third quarter 2021 earnings released: CA$0.20 loss per share (vs CA$0.061 loss in 3Q 2020) Nov 13
Upcoming dividend of CA$0.17 per share Aug 23
Second quarter 2021 earnings released: CA$0.13 loss per share (vs CA$0.062 loss in 2Q 2020) Aug 10
Independent Director recently bought €115k worth of stock Jun 30
Boralex unveils updated strategic plan and corporate objectives for 2025 Jun 18
Upcoming dividend of CA$0.17 per share May 21
Independent Director has left the company May 12
First quarter 2021 earnings released: EPS CA$0.33 (vs CA$0.42 in 1Q 2020) May 06
Boralex Inc. Announces Quarterly Dividend, Payable on June 15, 2021 May 06
NorPaper Avot-Vallée S.A.S. acquired 12 MW Blendecques Cogeneration Plant from Boralex Inc. (TSX:BLX). May 01
Independent Director recently sold €57k worth of stock Mar 06
Limekiln Optimisation to Benefit Local Outdoor Access Users by Infinergy and Boralex Feb 27
Full year 2020 earnings released: EPS CA$0.55 (vs CA$0.43 loss in FY 2019) Feb 26
Revenue misses expectations Feb 26
Boralex Inc. Announces Executive Changes Feb 26
Boralex Inc., Annual General Meeting, May 05, 2021 Feb 12
Boralex Inc. (TSX:BLX) acquired Sky High Solar Farm in New York State from Delaware River Solar, LLC. Jan 26
Boralex Inc. (TSX:BLX) acquired a 30% stake in Moose Lake Wind Farm from Aeolis Wind Power Corporation for CAD 3.5 million. Jan 16
New 90-day high: €29.00 Dec 28
Boralex Inc. (TSX:BLX) acquired remaining 49% stake in 3 Quebec Wind Farms from Caisse de dépôt et placement du Québec. Dec 03
Boralex Inc. (TSX:BLX) entered into a definitive agreement to acquire remaining 49% stake in 3 Quebec Wind Farms from Caisse de dépôt et placement du Québec for approximately CAD 130 million. Nov 21
Upcoming Dividend of CA$0.17 Per Share Nov 20
Third quarter 2020 earnings released: CA$0.06 loss per share Nov 12
Revenue misses expectations Nov 12
New 90-day high: €27.60 Oct 12
Boralex Inc. to Report Q4, 2009 Results on 02/25/2010 Oct 05
New 90-day high: €23.00 Sep 23
Boralex Inc. has completed a Follow-on Equity Offering in the amount of CAD 175.0328 million. Aug 29
Earnings released Aug 07 Shareholder Returns B3H DE Renewable Energy DE Market 7D -8.0% -0.4% 1.2% 1Y -21.2% -26.1% 10.1%
See full shareholder returns
Return vs Market: B3H underperformed the German Market which returned 9.4% over the past year.
Price Volatility Is B3H's price volatile compared to industry and market? B3H volatility B3H Average Weekly Movement 4.0% Renewable Energy Industry Average Movement 3.7% Market Average Movement 4.8% 10% most volatile stocks in DE Market 11.5% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: B3H has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: B3H's weekly volatility (4%) has been stable over the past year.
About the Company 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.
Show more Boralex Inc. Fundamentals Summary How do Boralex's earnings and revenue compare to its market cap? B3H fundamental statistics Market cap €1.90b Earnings (TTM ) €60.04m Revenue (TTM ) €634.14m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) B3H income statement (TTM ) Revenue CA$940.00m Cost of Revenue CA$260.00m Gross Profit CA$680.00m Other Expenses CA$591.00m Earnings CA$89.00m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 0.87 Gross Margin 72.34% Net Profit Margin 9.47% Debt/Equity Ratio 169.6%
How did B3H perform over the long term?
See historical performance and comparison Dividends
2.4% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/09 20:43 End of Day Share Price 2025/01/09 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Boralex Inc. is covered by 25 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Mark Westby ATB Capital Markets Benjamin Pham BMO Capital Markets Equity Research Massimo Fiore Cantor Fitzgerald Canada Corporation
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