Zacks Research Issues Pessimistic Outlook for BCE Earnings

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Equities researchers at Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for BCE in a note issued to investors on Thursday, May 29th. Zacks Research analyst R. Department now forecasts that the company will earn $0.62 per share for the quarter, down from their prior estimate of $0.66. The consensus estimate for BCE's current full-year earnings is $3.11 per share. Zacks Research also issued estimates for BCE's Q2 2026 earnings at $0.64 EPS, Q3 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.64 EPS, FY2026 earnings at $2.56 EPS, Q1 2027 earnings at $0.62 EPS and FY2027 earnings at $2.53 EPS.

A number of other brokerages also recently issued reports on BCE. Royal Bank of Canada cut 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. National Bank Financial raised shares of BCE from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 3rd. TD Securities lifted their price target on shares of BCE from C$31.00 to C$33.00 and gave the company a "hold" rating in a research report on Friday, February 7th. JPMorgan Chase & Co. upped their price objective on shares of BCE from C$28.00 to C$29.00 in a report on Monday, May 12th. Finally, Canaccord Genuity Group lifted their target price on shares of BCE from C$31.50 to C$32.00 and gave the company a "hold" rating in a report on Friday, May 9th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of C$37.13.

BCE Trading Down 1.3%

TSE:BCE traded down C$0.41 on Monday, reaching C$30.11. The company's stock had a trading volume of 2,199,450 shares, compared to its average volume of 3,933,792. BCE has a 12-month low of C$28.73 and a 12-month high of C$49.13. The stock has a 50 day moving average price of C$30.43 and a 200 day moving average price of C$33.11. The firm has a market cap of C$27.27 billion, a price-to-earnings ratio of 101.01, a price-to-earnings-growth ratio of 4.67 and a beta of 0.48. 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were given a dividend of $0.9975 per share. This represents a $3.99 dividend on an annualized basis and a dividend yield of 13.25%. The ex-dividend date was Friday, March 14th. BCE's dividend payout ratio is currently 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.