What is Scotiabank's Estimate for BCE FY2027 Earnings?

Key Points

• Scotiabank expects BCE to earn C$2.66 per share in FY2027, below the current full-year consensus estimate of C$3.11. The bank maintains a “Sector Outperform” rating and a C$39 price target.
• Analyst sentiment remains broadly positive: BCE has an average “Moderate Buy” rating and a consensus price target of C$37.69, with recent target increases from several firms.
• BCE shares opened at C$31.20, while the company recently reported C$0.65 quarterly EPS and C$6.18 billion in revenue. Its quarterly dividend is C$0.4375 per share, implying a 5.6% annualized yield.

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Analysts at Scotiabank issued their FY2027 earnings per share estimates for BCE in a report released on Thursday, September 17th. Scotiabank analyst M. Yaghi expects that the company will earn $2.66 per share for the year. Scotiabank has a "Sector Outperform" rating and a $39.00 price target on the stock. 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. Desjardins increased their target price on BCE from C$41.00 to C$43.00 and gave the stock a "buy" rating in a report on Thursday. Scotia boosted their target price on shares of BCE from C$39.00 to C$40.00 and gave the stock a "sector outperform" rating in a research report on Friday, August 7th. Morgan Stanley raised shares of BCE from an "underweight" rating to an "equal weight" rating and lifted their price objective for the stock from C$31.00 to C$35.00 in a report on Tuesday, July 21st. TD upped their price objective on shares of BCE from C$37.00 to C$40.00 and gave the stock a "buy" rating in a research report on Tuesday. Finally, Raymond James Financial set a C$37.00 target price on shares of BCE and gave the stock a "market perform" rating in a research report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$37.69.

BCE Stock Performance

Shares of BCE stock opened at C$31.20 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.73 and a debt-to-equity ratio of 175.06. The firm has a 50 day moving average of C$31.65 and a 200-day moving average of C$32.88. The company has a market cap of C$29.09 billion, a price-to-earnings ratio of 4.63, a price-to-earnings-growth ratio of 4.67 and a beta of 0.37. BCE has a 52 week low of C$29.66 and a 52 week high of C$36.25.

BCE (TSE:BCE - Get Free Report) NYSE: BCE last released its quarterly earnings results on Thursday, August 6th. The company reported C$0.65 EPS for the quarter. BCE had a return on equity of 27.73% and a net margin of 25.89%.The firm had revenue of C$6.18 billion for the quarter.

BCE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 15th will be issued a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Tuesday, September 15th. BCE's dividend payout ratio (DPR) is 25.96%.

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.

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