NYSE:BCE

BCE (BCE) Stock Price, News & Analysis

$33.71
+0.09 (+0.27%)
(As of 08:51 AM ET)
Today's Range
$33.71
$33.71
50-Day Range
$32.11
$37.15
52-Week Range
$31.82
$48.19
Volume
182 shs
Average Volume
2.50 million shs
Market Capitalization
$30.75 billion
P/E Ratio
23.41
Dividend Yield
8.75%
Price Target
$49.00

BCE MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
45.8% Upside
$49.00 Price Target
Short Interest
Bearish
2.15% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.28mentions of BCE in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.00%
From $2.25 to $2.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.48 out of 5 stars

Utilities Sector

46th out of 89 stocks

Telephone Communication, Except Radio Industry

6th out of 19 stocks

BCE stock logo

About BCE Stock (NYSE:BCE)

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. This segment also buys and sells local telephone, long distance, and data and other services from or to resellers and other carriers; and operates consumer electronics retail stores. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.

BCE Stock Price History

BCE Stock News Headlines

7 Cheap and Good Stocks
It's the holy grail of the stock market... Stocks that trade for pennies on the dollar yet have the potential to skyrocket for monster gains. Well, we've uncovered SEVEN such stocks.
CIBC Keeps Their Buy Rating on BCE (BCE)
BCE Shares Down as 1Q Costs Drag on Profit
BCE announces election of Directors
BCE: Q1 Earnings Snapshot
7 Cheap and Good Stocks
It's the holy grail of the stock market... Stocks that trade for pennies on the dollar yet have the potential to skyrocket for monster gains. Well, we've uncovered SEVEN such stocks.
BCE 1Q Profit Falls as Expenses Mount
BCE reports first quarter 2024 results
BCE earnings: here's what Wall Street expects
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 4/15 Dividend
3/14/2024
Dividend Payable
4/15/2024
Today
5/08/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Telephone communication, except radio
Sub-Industry
N/A
Employees
45,132
Year Founded
1880

Price Target and Rating

Average Stock Price Target
$49.00
High Stock Price Target
$61.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+45.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$1.68 billion
Pretax Margin
11.73%

Debt

Sales & Book Value

Annual Sales
$18.28 billion
Cash Flow
$6.58 per share
Book Value
$13.72 per share

Miscellaneous

Free Float
910,907,000
Market Cap
$30.66 billion
Optionable
Optionable
Beta
0.56
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Key Executives

  • Mr. Mirko BibicMr. Mirko Bibic (Age 56)
    CEO, President & Director
    Comp: $3.34M
  • Mr. Curtis Millen
    Executive VP & CFO
  • Mr. Stephen Guy Howe
    Chief Technology & Information Officer
  • Mr. John Watson (Age 60)
    Group President of Business Markets, Customer Experience & AI
    Comp: $1.3M
  • Thane Fotopoulos
    Vice President of Investor Relations
  • Mr. Robert Malcolmson
    Executive VP and Chief Legal & Regulatory Officer
  • Ms. Nikki Moffat
    Chief Human Resources Officer & Executive VP of Corporate Services
  • Mr. Blaik Kirby
    Group President of Consumer, Small & Medium Business (SMB)
  • Ms. Karine Moses
    Senior VP of Content Development & News and Vice Chair of Québec
  • Ms. Devorah Lithwick
    Senior Vice President & Chief Brand Officer

BCE Stock Analysis - Frequently Asked Questions

Should I buy or sell BCE stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BCE in the last twelve months. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BCE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BCE, but not buy additional shares or sell existing shares.
View BCE analyst ratings
or view top-rated stocks.

What is BCE's stock price target for 2024?

8 brokerages have issued 12-month price targets for BCE's stock. Their BCE share price targets range from $35.00 to $61.00. On average, they anticipate the company's share price to reach $49.00 in the next year. This suggests a possible upside of 45.8% from the stock's current price.
View analysts price targets for BCE
or view top-rated stocks among Wall Street analysts.

How have BCE shares performed in 2024?

BCE's stock was trading at $39.38 at the beginning of the year. Since then, BCE shares have decreased by 14.7% and is now trading at $33.61.
View the best growth stocks for 2024 here
.

Are investors shorting BCE?

BCE saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 19,610,000 shares, an increase of 25.8% from the March 31st total of 15,590,000 shares. Based on an average trading volume of 2,730,000 shares, the short-interest ratio is presently 7.2 days. Approximately 2.2% of the company's shares are short sold.
View BCE's Short Interest
.

When is BCE's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our BCE earnings forecast
.

How were BCE's earnings last quarter?

BCE Inc. (NYSE:BCE) issued its earnings results on Thursday, November, 4th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.17. The utilities provider had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.94 billion. BCE had a trailing twelve-month return on equity of 16.86% and a net margin of 7.53%. BCE's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.59 earnings per share.

How often does BCE pay dividends? What is the dividend yield for BCE?

BCE declared a quarterly dividend on Thursday, May 2nd. Investors of record on Friday, June 14th will be paid a dividend of $0.738 per share on Monday, July 15th. This represents a $2.95 annualized dividend and a dividend yield of 8.78%. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for BCE
.

Is BCE a good dividend stock?

BCE (NYSE:BCE) pays an annual dividend of $2.95 per share and currently has a dividend yield of 8.77%. BCE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 204.86%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BCE will have a dividend payout ratio of 126.07% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BCE.

What guidance has BCE issued on next quarter's earnings?

BCE updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of 2.220-2.330 for the period, compared to the consensus earnings per share estimate of 2.220. The company issued revenue guidance of $18.3 billion-$19.0 billion, compared to the consensus revenue estimate of $18.2 billion.

What is Mirko Bibic's approval rating as BCE's CEO?

84 employees have rated BCE Chief Executive Officer Mirko Bibic on Glassdoor.com. Mirko Bibic has an approval rating of 87% among the company's employees.

What other stocks do shareholders of BCE own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BCE investors own include AT&T (T), Verizon Communications (VZ), Pfizer (PFE), AbbVie (ABBV), Enbridge (ENB), Johnson & Johnson (JNJ), CVS Health (CVS), Cisco Systems (CSCO), Royal Bank of Canada (RY) and Brookfield Infrastructure Partners (BIP).

Who are BCE's major shareholders?

BCE's stock is owned by many different institutional and retail investors. Top institutional investors include TD Asset Management Inc (1.21%), Raymond James & Associates (0.23%), Principal Financial Group Inc. (0.20%), Reaves W H & Co. Inc. (0.15%), SIG North Trading ULC (0.00%) and Addenda Capital Inc. (0.08%).

How do I buy shares of BCE?

Shares of BCE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does BCE have any subsidiaries?
The following companies are subsidiares of BCE: Alarm Force Industries, American Management Systems, Astral Media, Axia NetMedia, Bell Aliant Inc., Bell Canada, Bell Media, Bell Mobility, Cieslok Media Ltd., Corus, Environics Analytics, Gestion Infopharm, Glentel, MTS, Maple Leaf Sports & Entertainment, Q9 Networks, SPACECONNECTION, TESS S.A., Teleglobe, Telesat Canada, The Source (Bell) Electronics, Toronto Argonauts Football Club, Tri-Comp Systems, Virgin Mobile Canada, Ware Solutions Corp, and e-route.
Read More
This page (NYSE:BCE) was last updated on 5/9/2024 by MarketBeat.com Staff

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