Research Analysts Set Expectations for BCE Q2 Earnings

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Equities researchers 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 expects 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.

Other equities analysts have also recently issued reports about the company. National Bank Financial raised BCE from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 3rd. UBS Group decreased their target price on BCE from C$34.00 to C$32.00 in a research report on Wednesday, May 21st. JPMorgan Chase & Co. raised their price objective on BCE from C$28.00 to C$29.00 in a research report on Monday, May 12th. Royal Bank Of Canada cut their target price on BCE from C$37.00 to C$35.00 and set a "sector perform" rating on the stock in a research note on Friday, May 9th. 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 research note on Monday, June 2nd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, one has issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, BCE presently has an average rating of "Hold" and an average target price of C$36.73.

BCE Price Performance

Shares of BCE traded down C$0.18 during midday trading on Thursday, reaching C$33.16. The stock had a trading volume of 3,138,500 shares, compared to its average volume of 3,862,540. The company's 50-day moving average is C$30.90 and its 200 day moving average is C$31.96. BCE has a 12-month low of C$28.73 and a 12-month high of C$49.13. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 226.73. The company has a market capitalization of C$30.04 billion, a price-to-earnings ratio of 111.25, a price-to-earnings-growth ratio of 4.67 and a beta of 0.48.

BCE Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 15th were paid a $0.4375 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $1.75 annualized dividend and a dividend yield of 5.28%. BCE's dividend payout ratio is presently 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.