Research Analysts Issue Forecasts for BCE Q1 Earnings

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Cormark issued their Q1 2025 earnings per share (EPS) estimates for shares of BCE in a note issued to investors on Tuesday, April 22nd. Cormark analyst D. Mcfadgen anticipates that the company will post earnings of $0.59 per share for the quarter. The consensus estimate for BCE's current full-year earnings is $3.11 per share. Cormark also issued estimates for BCE's FY2025 earnings at $2.78 EPS and FY2026 earnings at $2.85 EPS.

Other research analysts also recently issued research reports about the stock. Canaccord Genuity Group reduced their price target on shares of BCE from C$33.50 to C$31.50 and set a "hold" rating on the stock in a research report on Monday, April 7th. National Bank Financial upgraded shares of BCE from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 3rd. TD Securities raised their price target on shares of BCE from C$31.00 to C$33.00 and gave the company a "hold" rating in a report on Friday, February 7th. JPMorgan Chase & Co. reduced their price objective on BCE from C$29.00 to C$28.00 and set an "underweight" rating on the stock in a report on Thursday, April 3rd. Finally, Royal Bank of Canada lowered their target price on BCE from C$39.00 to C$37.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 9th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of C$38.77.

BCE Price Performance

BCE stock traded up C$0.22 on Wednesday, reaching C$30.25. The company's stock had a trading volume of 675,726 shares, compared to its average volume of 3,957,091. The business's fifty day moving average price is C$32.46 and its 200 day moving average price is C$35.47. The company has a debt-to-equity ratio of 226.73, a quick ratio of 0.43 and a current ratio of 0.62. The company has a market cap of C$27.40 billion, a price-to-earnings ratio of 101.48, a PEG ratio of 4.67 and a beta of 0.48. BCE has a twelve month low of C$28.73 and a twelve month high of C$49.13.

BCE Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a $0.9975 dividend. The ex-dividend date was Friday, March 14th. This represents a $3.99 dividend on an annualized basis and a dividend yield of 13.19%. BCE's dividend payout ratio (DPR) is presently 1,338.57%.

BCE Company Profile

BCE is both a wireless and internet service provider, offering wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its roughly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrierthe legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provincesOntario and Quebec.