National Bank Financial Comments on BCE Q2 Earnings

BCE, Inc. (NYSE:BCE - Free Report) TSE: BCE - Research analysts at National Bank Financial issued their Q2 2025 EPS estimates for shares of BCE in a research report issued on Sunday, June 29th. National Bank Financial analyst A. Shine expects that the utilities provider will post earnings per share of $0.53 for the quarter. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for BCE's current full-year earnings is $1.94 per share. National Bank Financial also issued estimates for BCE's FY2025 earnings at $2.07 EPS.

A number of other research analysts also recently issued reports on the company. National Bankshares restated a "sector perform" rating on shares of BCE in a research note on Tuesday, March 11th. Scotiabank raised shares of BCE from a "sector perform" rating to a "sector outperform" rating in a report on Monday, June 2nd. Finally, Royal Bank Of Canada restated a "sector perform" rating and set a $35.00 price objective on shares of BCE in a report on Wednesday, May 14th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $38.67.

BCE Stock Performance

Shares of BCE stock traded up $0.43 during mid-day trading on Tuesday, hitting $22.60. 2,397,966 shares of the stock were exchanged, compared to its average volume of 3,064,768. The company has a 50-day simple moving average of $21.89 and a 200 day simple moving average of $22.70. The company has a market capitalization of $21.07 billion, a P/E ratio of 86.90, a P/E/G ratio of 3.62 and a beta of 0.61. BCE has a 12 month low of $20.28 and a 12 month high of $36.17. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.61 and a current ratio of 0.64.

BCE (NYSE:BCE - Get Free Report) TSE: BCE last released its quarterly earnings results on Thursday, May 8th. The utilities provider reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.04. The business had revenue of $4.12 billion during the quarter, compared to analyst estimates of $5.92 billion. BCE had a return on equity of 19.22% and a net margin of 1.82%. BCE's quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.75 EPS.

Hedge Funds Weigh In On BCE

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BCE. Bernard Wealth Management Corp. bought a new position in BCE in the 4th quarter worth approximately $26,000. WealthCollab LLC purchased a new stake in shares of BCE during the fourth quarter worth $27,000. SVB Wealth LLC bought a new position in shares of BCE in the first quarter worth $35,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of BCE in the first quarter valued at $47,000. Finally, Vision Financial Markets LLC bought a new stake in shares of BCE during the 4th quarter valued at $49,000. Institutional investors own 41.46% of the company's stock.

BCE Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, June 17th will be paid a $0.4375 dividend. This represents a yield of 5.65%. The ex-dividend date is Monday, June 16th. BCE's dividend payout ratio is currently 488.46%.

BCE Company Profile

BCE Inc, a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.