Brokers Set Expectations for BCE's FY2025 Earnings (TSE:BCE)

Key Points

• Investment analysts at Cormark have raised their FY2025 earnings estimate for BCE Inc. to $2.86 per share, which is an increase from their previous estimate of $2.85, while the consensus remains at $3.11 per share.
• BCE has recently announced a quarterly dividend of $0.4375 per share, reflecting an annualized yield of 5.2% and a very high payout ratio of 1,338.57%.
• Stock ratings for BCE vary widely, with two analysts rating it as a strong buy, while others have issued hold and sell ratings, leading to an average rating of "Hold" and a consensus target price of C$34.42.

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Stock analysts at Cormark raised their FY2025 earnings per share estimates for BCE in a report released on Tuesday, August 12th. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings per share of $2.86 for the year, up from their previous forecast of $2.85. The consensus estimate for BCE's current full-year earnings is $3.11 per share. Cormark also issued estimates for BCE's FY2026 earnings at $3.23 EPS.

Several other equities analysts also recently commented on BCE. Desjardins increased their target price on BCE from C$40.00 to C$40.50 and gave the company a "buy" rating in a research report on Sunday, August 10th. Cibc World Mkts downgraded BCE from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 3rd. UBS Group lowered their price objective on BCE from C$34.00 to C$32.00 in a research report on Wednesday, May 21st. Royal Bank Of Canada lowered their price objective on BCE from C$37.00 to C$35.00 and set a "sector perform" rating for the company in a research report on Friday, May 9th. Finally, TD Securities raised their price objective on BCE from C$33.00 to C$35.00 and gave the stock a "hold" rating in a research report on Friday, August 8th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of C$34.42.

BCE Price Performance

TSE:BCE traded down C$0.09 during trading hours on Wednesday, hitting C$35.28. The company's stock had a trading volume of 3,259,033 shares, compared to its average volume of 3,815,542. 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 company has a market capitalization of C$31.96 billion, a P/E ratio of 118.36, a PEG ratio of 4.67 and a beta of 0.48. BCE has a twelve month low of C$28.73 and a twelve month high of C$49.13. The stock has a fifty day simple moving average of C$31.97 and a 200-day simple moving average of C$31.90.

BCE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th will be issued a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 5.0%. BCE's payout ratio is currently 1,338.57%.

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.