Equities Analysts Offer Predictions for BCE FY2026 Earnings

Key Points

• Scotiabank cut its FY2026 EPS estimate for BCE to $2.53 (from $2.81) while keeping an "Outperform" rating and a $39.50 price target; the street consensus for the year is $3.11 per share.
• Analyst sentiment remains positive overall—a Moderate Buy consensus with an average price target of C$37.85—after several recent upgrades and target adjustments from firms including BMO, National Bank, Barclays, JPMorgan and TD.
• BCE is trading around C$35.11 with a P/E of 5.17 and a dividend yield of 5.0% (C$1.75 annualized) and a payout ratio near 34%.

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Stock analysts at Scotiabank cut their FY2026 earnings per share estimates for BCE in a research report issued to clients and investors on Wednesday, February 11th. Scotiabank analyst M. Yaghi now anticipates that the company will post earnings per share of $2.53 for the year, down from their previous estimate of $2.81. Scotiabank currently has a "Outperform" rating and a $39.50 price target on the stock. The consensus estimate for BCE's current full-year earnings is $3.11 per share.

BCE (TSE:BCE - Get Free Report) NYSE: BCE last posted its quarterly earnings results on Thursday, November 6th. The company reported C$0.79 EPS for the quarter. BCE had a return on equity of 1.39% and a net margin of 1.10%.The company had revenue of C$6.05 billion for the quarter.

Several other analysts have also recently commented on BCE. BMO Capital Markets upgraded shares of BCE from a "market perform" rating to an "outperform" rating and set a C$37.00 price target on the stock in a research note on Thursday, December 11th. National Bank Financial raised their price target on BCE from C$38.00 to C$39.00 and gave the company an "outperform" rating in a report on Friday, February 6th. Barclays raised shares of BCE from a "strong sell" rating to a "hold" rating in a report on Tuesday, January 27th. JPMorgan Chase & Co. upped their price target on shares of BCE from C$33.00 to C$37.00 in a report on Friday, February 6th. Finally, TD Securities reduced their target price on shares of BCE from C$39.00 to C$38.00 and set a "buy" rating on the stock in a research report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$37.85.

BCE Trading Up 0.9%

BCE stock opened at C$35.11 on Friday. BCE has a 1 year low of C$28.73 and a 1 year high of C$36.59. The firm's 50 day moving average price is C$33.22 and its 200-day moving average price is C$33.11. The company has a debt-to-equity ratio of 226.73, a current ratio of 0.62 and a quick ratio of 0.43. The stock has a market cap of C$32.74 billion, a P/E ratio of 5.17, a PEG ratio of 4.67 and a beta of 0.47.

BCE Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Thursday, January 15th were issued a $0.4375 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 5.0%. BCE's dividend payout ratio (DPR) is currently 34.02%.

About BCE

Bell Media is Canada's leading media and entertainment company with a portfolio of assets in premium video, audio, out-of-home advertising, and digital media. This includes Canada's most-watched television network, CTV; the largest Canadian-owned video streamer, Crave, with a premium add-on to include STARZ; a powerful suite of specialty channels; the most-trusted news brand, CTV News; Canada's cross-platform sports leaders, TSN and RDS; leading out-of-home advertising network, Astral; Québec's fast-growing conventional French-language network, Noovo; the country's leading radio and podcast app, iHeartRadio Canada; and a range of award-winning original productions, brands, and services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.