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

Key Points

• Desjardins has raised its Q2 2025 EPS estimate for BCE from $0.66 to $0.67, maintaining a "Moderate Buy" rating with a target price of $40.00.
• Recent reports by Scotiabank and CIBC have led to a mix of ratings for BCE, with Scotiabank upgrading to "strong-buy" while CIBC downgraded to "hold," contributing to an average rating of "Hold."
• BCE's stock has recently experienced a decline of 1.4%, with shares opening at C$32.00 amidst a challenging economic environment characterized by a high dividend payout ratio of 1,338.57%.

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Stock analysts at Desjardins lifted their Q2 2025 earnings estimates for BCE in a research report issued on Tuesday, August 5th. Desjardins analyst J. Dubreuil now forecasts that the company will post earnings per share of $0.67 for the quarter, up from their previous forecast of $0.66. Desjardins has a "Buy" rating and a $40.50 price objective 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 $2.79 EPS.

A number of other equities analysts also recently weighed in on BCE. BMO Capital Markets decreased their target price on shares of BCE from C$51.00 to C$35.00 and set a "market perform" rating for the company in a research note on Tuesday, August 5th. JPMorgan Chase & Co. boosted their target price on shares of BCE from C$28.00 to C$29.00 in a research note on Monday, May 12th. TD Securities upped their price objective on BCE from C$33.00 to C$35.00 and gave the stock a "hold" rating in a research note on Friday. Canaccord Genuity Group increased their price objective on shares of BCE from C$31.50 to C$32.00 and gave the company a "hold" rating in a report on Friday, May 9th. Finally, Scotiabank raised shares of BCE from a "hold" rating to a "strong-buy" rating and set a C$39.00 price target for the company in a report on Monday, June 2nd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of C$34.42.

BCE Stock Up 0.4%

BCE traded up C$0.15 on Thursday, hitting C$33.66. The company had a trading volume of 1,692,781 shares, compared to its average volume of 3,814,527. BCE has a 52-week low of C$28.73 and a 52-week high of C$49.13. The stock has a fifty day simple moving average of C$31.54 and a 200-day simple moving average of C$31.89. The firm has a market capitalization of C$30.49 billion, a P/E ratio of 112.92, a P/E/G ratio of 4.67 and a beta of 0.48. The company has a debt-to-equity ratio of 226.73, a current ratio of 0.62 and a quick ratio of 0.43.

BCE Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 15th will be issued a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 5.2%. BCE's payout ratio is 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.