BLX.TO Live signals | Maximize Profits with Getagraph.com

Live Chart Being Loaded With Signals

Commentary (24 Apr 2024 @ 16:00):

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States...

Stats
Today's Volume	142 841
Average Volume	255 217
Market Cap	2.83B
EPS	$0 ( 2024-03-01 )
Next earnings date	( $0.510 ) 2024-05-08
Last Dividend	$0.165 ( 2023-08-30 )
Next Dividend	$0 ( N/A )
P/E	36.28
ATR14	$0.0180 (0.07%)

Volume Correlation

Long: -0.12 (neutral)

Short: 0.77 (moderate)

Signal:(59.151) Neutral

Boralex Inc Correlation

10 Most Positive Correlations
TULB.TO	0.917
APS.TO	0.906
CFP.TO	0.905
FGO.TO	0.904
FIG.TO	0.902
RIFI.TO	0.897
CU.TO	0.896
KXS.TO	0.895
CMAR.TO	0.893
MOZ.TO	0.892

10 Most Negative Correlations
OBE.TO	-0.901
URB.TO	-0.884
RQK.TO	-0.865
HSAV.TO	-0.853
SUSA.TO	-0.85
CLS.TO	-0.845
PEY.TO	-0.845
RUE.TO	-0.845
IAF-PI.TO	-0.838
CTZ.V	-0.837

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Boralex Inc Correlation - Currency/Commodity

0.77
( moderate )

0.81
( strong )

0.00
( neutral )

0.74
( moderate )

0.64
( weak )

-0.89
( strong negative )

Boralex Inc Financials

Annual	2023
Revenue:	$1.02B
Gross Profit:	$344.00M (33.66 %)
EPS:	$0.760

Q4	2023
Revenue:	$324.00M
Gross Profit:	$142.00M (43.83 %)
EPS:	$0.180

Q3	2023
Revenue:	$178.00M
Gross Profit:	$108.00M (60.67 %)
EPS:	$-0.0292

Q2	2023
Revenue:	$216.00M
Gross Profit:	$135.00M (62.50 %)
EPS:	$0.180

Financial Reports:

No articles found.

Boralex Inc Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
$0.165 (N/A)	$0.165 (N/A)	$0.165 (N/A)	$0.165 (N/A)	$0.165 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)

Boralex Inc Dividend Information - Dividend Knight

Dividend Sustainability Score: 7.32 - good (73.19%) | Divividend Growth Potential Score: 2.77 - Decrease likely (44.61%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	$0.220	1996-12-18
Last Dividend	$0.165	2023-08-30
Next Dividend	$0	N/A
Payout Date	2023-09-18
Next Payout Date	N/A
# dividends	41	--
Total Paid Out	$6.25	--
Avg. Dividend % Per Year	1.07%	--
Score	3.85	--
Div. Sustainability Score	7.32
Div.Growth Potential Score	2.77
Div. Directional Score	5.04	--

Next Divdend (Est)
(2024-05-15)

$0.169 Estimate 17.68 %

Dividend Stability

0.47 Below Average

Dividend Score

3.85

Pay Frequency

Quarterly

Yearly Payout

Year	Amount	Yield
1996	$0	0.00%
1997	$0	0.00%
1998	$0	0.00%
1999	$0	0.00%
2000	$0	0.00%
2001	$0	0.00%
2002	$0	0.00%
2003	$0	0.00%
2004	$0	0.00%
2005	$0	0.00%
2006	$0	0.00%
2007	$0	0.00%
2008	$0	0.00%
2009	$0	0.00%
2010	$0	0.00%
2011	$0	0.00%
2012	$0	0.00%
2013	$0	0.00%
2014	$0	0.00%
2015	$0	0.00%
2016	$0	0.00%
2017	$0	0.00%
2018	$0.631	3.19%
2019	$0.660	3.90%
2020	$0.660	2.71%
2021	$0.660	1.36%
2022	$0.660	1.94%
2023	$0.495	1.21%
2024	$0	0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for TSX

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend
ZCPB.TO	Dividend Junior	2023-06-28	Quarterly	7	1.36%
SID.TO	Dividend Junior	2023-06-23	Quarterly	3	0.20%
HLS.TO	Dividend Junior	2023-04-27	Quarterly	6	0.75%
BTB-UN.TO	Dividend King	2023-09-28	Monthly	13	4.52%
XBM.TO	Dividend Junior	2023-06-26	Semi-Annually	13	1.90%
PDC.TO	Dividend King	2023-08-29	Monthly	13	2.50%
ENS.TO	Dividend King	2023-07-28	Monthly	7	6.03%
ZLH.TO	Dividend Junior	2023-06-28	Quarterly	9	1.13%
TD.TO	Dividend Knight	2023-10-05	Quarterly	30	2.75%
INE.TO	Dividend Knight	2023-09-28	Quarterly	15	2.28%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0768	1.500	8.46	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0119	1.200	9.60	10.00	[0 - 0.3]
returnOnEquityTTM	0.0465	1.500	-0.595	-0.892	[0.1 - 1]
payoutRatioTTM	0.872	-1.000	1.282	-1.282	[0 - 1]
currentRatioTTM	1.078	0.800	9.61	7.69	[1 - 3]
quickRatioTTM	0.999	0.800	8.83	7.07	[0.8 - 2.5]
cashRatioTTM	0.669	1.500	7.40	10.00	[0.2 - 2]
debtRatioTTM	0.551	-1.500	0.825	-1.237	[0 - 0.6]
interestCoverageTTM	1.837	1.000	-0.431	-0.431	[3 - 30]
operatingCashFlowPerShareTTM	4.83	2.00	8.39	10.00	[0 - 30]
freeCashFlowPerShareTTM	2.16	2.00	8.92	10.00	[0 - 20]
debtEquityRatioTTM	2.22	-1.500	1.114	-1.670	[0 - 2.5]
grossProfitMarginTTM	0.547	1.000	4.21	4.21	[0.2 - 0.8]
operatingProfitMarginTTM	0.222	1.000	7.55	7.55	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.137	1.000	-0.350	-0.350	[0.2 - 2]
assetTurnoverTTM	0.155	0.800	-2.30	-1.842	[0.5 - 2]
Total Score				7.32

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	36.32	1.000	6.43	0	[1 - 100]
returnOnEquityTTM	0.0465	2.50	-0.382	-0.892	[0.1 - 1.5]
freeCashFlowPerShareTTM	2.16	2.00	9.28	10.00	[0 - 30]
dividendYielPercentageTTM	2.39	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	4.83	2.00	8.39	10.00	[0 - 30]
payoutRatioTTM	0.872	1.500	1.282	-1.282	[0 - 1]
pegRatioTTM	-2.54	1.500	-10.00	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.488	1.000	0.295	0	[0.1 - 0.5]
Total Score				2.77

Boralex Inc

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2021, the company had interests in 90 wind power stations with an installed capacity of 2,032 megawatts (MW); 16 hydroelectric power stations with a capacity of 181 MW; 12 solar power stations with an installed capacity of 244 MW; and one thermal power station with an installed capacity of 35 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.