What is Cormark's Estimate for BCE Q2 Earnings?

BCE, Inc. (NYSE:BCE - Free Report) TSE: BCE - Analysts at Cormark issued their Q2 2025 earnings per share (EPS) estimates for shares of BCE in a research report issued on Wednesday, July 23rd. Cormark analyst D. Mcfadgen forecasts that the utilities provider will post earnings of $0.49 per share for the quarter. The consensus estimate for BCE's current full-year earnings is $1.94 per share.

BCE (NYSE:BCE - Get Free Report) TSE: BCE last released its quarterly earnings results on Thursday, May 8th. The utilities provider reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.04. BCE had a return on equity of 19.22% and a net margin of 1.82%. The company had revenue of $4.12 billion during the quarter, compared to analysts' expectations of $5.92 billion. During the same quarter in the prior year, the firm posted $0.75 EPS. BCE's quarterly revenue was down 1.3% compared to the same quarter last year.

Several other research analysts have also commented on the company. Cibc World Mkts lowered BCE from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 3rd. Royal Bank Of Canada restated a "sector perform" rating and set a $35.00 price target on shares of BCE in a research report on Wednesday, May 14th. Scotiabank upgraded BCE from a "sector perform" rating to a "sector outperform" rating in a research report on Monday, June 2nd. Finally, National Bank Financial upgraded shares of BCE from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 3rd. Four research analysts have rated the stock with a sell rating, seven have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $38.67.

BCE Trading Down 0.9%

BCE stock traded down $0.23 during trading on Thursday, reaching $24.21. 3,353,760 shares of the stock were exchanged, compared to its average volume of 3,016,555. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 2.40. The business has a 50 day moving average price of $22.56 and a 200-day moving average price of $22.77. BCE has a 1 year low of $20.28 and a 1 year high of $36.17. The firm has a market capitalization of $22.57 billion, a price-to-earnings ratio of 93.10, a P/E/G ratio of 4.01 and a beta of 0.61.

BCE Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, June 17th were paid a dividend of $0.4375 per share. This represents a yield of 5.65%. The ex-dividend date of this dividend was Monday, June 16th. BCE's dividend payout ratio is presently 488.46%.

Institutional Trading of BCE

Several hedge funds and other institutional investors have recently modified their holdings of BCE. Bernard Wealth Management Corp. purchased a new stake in shares of BCE during the fourth quarter worth $26,000. WealthCollab LLC acquired a new position in BCE in the fourth quarter worth about $27,000. Hilltop National Bank acquired a new stake in shares of BCE during the 2nd quarter worth about $28,000. SVB Wealth LLC acquired a new stake in shares of BCE in the first quarter valued at $35,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in BCE in the 2nd quarter valued at about $40,000. Institutional investors and hedge funds own 41.46% of the company's stock.

About BCE

BCE Inc, a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.