Zacks Research Brokers Lower Earnings Estimates for BCE

Key Points

• Zacks Research has downgraded BCE's Q1 2026 earnings per share (EPS) estimate to $0.60, down from $0.62, while maintaining a full-year earnings estimate of $3.11 per share.
• The average price target for BCE's stock has been adjusted down by several analysts, with Royal Bank of Canada lowering its target from C$37.00 to C$35.00.
• BCE has recently announced a quarterly dividend of $0.4375 per share, reflecting an annualized dividend yield of 5.1%.

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Stock analysts at Zacks Research cut their Q1 2026 earnings estimates for shares of BCE in a research note issued to investors on Thursday, August 28th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.60 per share for the quarter, down from their previous estimate of $0.62. The consensus estimate for BCE's current full-year earnings is $3.11 per share.

Several other equities analysts have also recently issued reports on BCE. Scotiabank raised shares of BCE from a "hold" rating to a "strong-buy" rating and set a C$39.00 price objective on the stock in a research note on Monday, June 2nd. Canaccord Genuity Group boosted their price objective 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. UBS Group reduced their target price on shares of BCE from C$34.00 to C$32.00 in a report on Wednesday, May 21st. Royal Bank Of Canada reduced their target price on shares of BCE from C$37.00 to C$35.00 and set a "sector perform" rating on the stock in a report on Friday, May 9th. Finally, CIBC increased their price objective on shares of BCE from C$35.00 to C$36.00 and gave the stock a "neutral" rating in a report on Friday, August 22nd. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of C$34.67.

BCE Stock Performance

BCE traded up C$0.41 during trading on Monday, hitting C$34.23. The stock had a trading volume of 1,942,546 shares, compared to its average volume of 3,721,554. The company has a debt-to-equity ratio of 226.73, a quick ratio of 0.43 and a current ratio of 0.62. The firm has a market capitalization of C$31.55 billion, a P/E ratio of 74.41, a PEG ratio of 4.67 and a beta of 0.65. The company's 50-day moving average price is C$33.28 and its 200 day moving average price is C$32.02. BCE has a twelve month low of C$28.73 and a twelve month high of C$49.13.

BCE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 15th will be issued a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Monday, September 15th. BCE's payout ratio is currently 745.65%.

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.