Research Analysts Issue Forecasts for BCE FY2025 Earnings

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 - Investment analysts at Cormark lifted their FY2025 earnings estimates for shares of BCE in a research note issued on Tuesday, August 12th. Cormark analyst D. Mcfadgen now forecasts that the company will earn $2.86 per share for the year, up from their previous estimate 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 brokerages have also recently weighed in on BCE. CIBC lowered their price target on shares of BCE from C$52.00 to C$33.00 and set a "neutral" rating for the company in a research report on Thursday, July 3rd. Scotiabank raised shares of BCE from a "hold" rating to a "strong-buy" rating and set a C$39.00 price target for the company in a research report on Monday, June 2nd. Canaccord Genuity Group upped their price target on shares of BCE from C$31.50 to C$32.00 and gave the stock a "hold" rating in a research report on Friday, May 9th. Cibc World Mkts cut shares of BCE from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 3rd. Finally, TD Securities upped their price target on shares of 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 investment analysts have rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, BCE has an average rating of "Hold" and a consensus target price of C$34.42.

BCE Price Performance

Shares of BCE opened at C$33.77 on Wednesday. The company has a 50 day moving average price of C$31.67 and a 200-day moving average price of C$31.90. BCE has a fifty-two week low of C$28.73 and a fifty-two week high of C$49.13. The stock has a market capitalization of C$30.59 billion, a PE ratio of 113.29, a PEG ratio of 4.67 and a beta of 0.48. The company has a debt-to-equity ratio of 226.73, a quick ratio of 0.43 and a current ratio of 0.62.

BCE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a yield of 5.2%. BCE's payout ratio is 1,338.57%.

BCE Company Profile

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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