FY2025 Earnings Estimate for BCE Issued By Desjardins

Key Points

• Desjardins raised its FY2025 EPS estimate for BCE to $2.78 (from $2.69) and kept a "Sector Perform" rating with a C$42 target, versus a MarketBeat consensus full‑year EPS of $3.11.
• Analyst opinions are mixed: RBC upgraded BCE to "Outperform" with a C$47 target while MarketBeat's consensus rating is "Hold" with an average price target of C$36.23.
• BCE pays a quarterly dividend of C$0.4375 (annualized C$1.75) for a 5.4% yield

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Equities research analysts at Desjardins lifted their FY2025 earnings per share (EPS) estimates for BCE in a research note issued on Thursday, November 6th. Desjardins analyst J. Dubreuil now anticipates that the company will post earnings of $2.78 per share for the year, up from their prior estimate of $2.69. Desjardins currently has a "Sector Perform" rating and a $42.00 target price on the stock. The consensus estimate for BCE's current full-year earnings is $3.11 per share.

Several other research firms also recently weighed in on BCE. Royal Bank Of Canada raised BCE from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from C$35.00 to C$47.00 in a report on Wednesday, October 15th. CIBC raised their price objective 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, October 15th. Scotiabank upped their target price on shares of BCE from C$39.50 to C$41.50 and gave the company an "outperform" rating in a report on Monday, September 8th. BMO Capital Markets lowered their price target on BCE from C$51.00 to C$35.00 and set a "market perform" rating on the stock in a report on Tuesday, August 5th. Finally, TD Securities dropped their price target on BCE from C$39.00 to C$38.00 and set a "buy" rating on the stock in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, BCE presently has an average rating of "Hold" and a consensus price target of C$36.23.

BCE Trading Down 0.5%

TSE:BCE opened at C$32.53 on Monday. The company has a market capitalization of C$30.34 billion, a PE ratio of 70.72, a P/E/G ratio of 4.67 and a beta of 0.52. BCE has a 52-week low of C$28.73 and a 52-week high of C$39.83. The stock's 50 day moving average price is C$32.86 and its 200 day moving average price is C$32.06. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 226.73.

BCE Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 15th were issued a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend was Monday, September 15th. BCE's 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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