Desjardins Has Negative Outlook of BCE FY2026 Earnings

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Equities researchers at Desjardins reduced their FY2026 earnings estimates for shares of BCE in a research report issued on Wednesday, October 15th. Desjardins analyst J. Dubreuil now forecasts that the company will post earnings of $2.74 per share for the year, down from their previous estimate of $2.77. Desjardins currently has a "Buy" rating and a $41.00 price target on the stock. The consensus estimate for BCE's current full-year earnings is $3.11 per share. Desjardins also issued estimates for BCE's FY2027 earnings at $2.75 EPS.

BCE has been the subject of several other research reports. Cibc World Mkts lowered shares of BCE from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 3rd. Scotiabank boosted their target price on shares of BCE from C$39.50 to C$41.50 and gave the stock an "outperform" rating in a research report on Monday, September 8th. TD Securities raised shares of BCE from a "hold" rating to a "buy" rating and boosted their target price for the stock from C$35.00 to C$37.00 in a research report on Wednesday. National Bankshares set a C$35.00 target price on shares of BCE and gave the stock an "outperform" rating in a research report on Tuesday, August 12th. Finally, CIBC boosted their target price on shares of BCE from C$36.00 to C$37.00 and gave the stock a "neutral" rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of C$36.17.

BCE Stock Up 0.2%

BCE stock opened at C$33.28 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 226.73. BCE has a 1 year low of C$28.73 and a 1 year high of C$46.59. The company has a fifty day simple moving average of C$33.47 and a 200 day simple moving average of C$31.79. The firm has a market cap of C$30.68 billion, a PE ratio of 72.35, a PEG ratio of 4.67 and a beta of 0.57.

BCE Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 15th were given a dividend of $0.4375 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 5.3%. BCE's dividend payout ratio is currently 745.65%.

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.

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