Q2 Earnings Estimate for BCE Issued By Cormark (TSE:BCE)

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Analysts at Cormark issued their Q2 2025 earnings per share (EPS) estimates for BCE in a research report issued on Wednesday, July 23rd. Cormark analyst D. Mcfadgen anticipates that the company will post earnings of $0.67 per share for the quarter. The consensus estimate for BCE's current full-year earnings is $3.11 per share.

A number of other research analysts also recently issued reports on the company. Canaccord Genuity Group boosted their price target on BCE from C$31.50 to C$32.00 and gave the company a "hold" rating in a report on Friday, May 9th. National Bank Financial upgraded BCE from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 3rd. UBS Group reduced their price target on BCE from C$34.00 to C$32.00 in a report on Wednesday, May 21st. Cibc World Mkts downgraded BCE from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 3rd. Finally, Scotiabank upgraded BCE from a "hold" rating to a "strong-buy" rating and set a C$39.00 price target on the stock in a report on Monday, June 2nd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of C$36.73.

BCE Trading Down 0.5%

Shares of BCE traded down C$0.18 during trading hours on Thursday, hitting C$33.16. The company had a trading volume of 3,138,500 shares, compared to its average volume of 3,862,540. BCE has a 52-week low of C$28.73 and a 52-week high of C$49.13. The firm has a market cap of C$30.04 billion, a P/E ratio of 111.25, a P/E/G ratio of 4.67 and a beta of 0.48. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 226.73. The stock's 50 day moving average price is C$30.96 and its 200 day moving average price is C$31.94.

BCE Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were given a dividend of $0.4375 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $1.75 annualized dividend and a yield of 5.28%. BCE's payout ratio is 1,338.57%.

About BCE

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.