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NYSE:BCE

BCE (BCE) Stock Price, News & Analysis

$33.36
+0.20 (+0.60%)
(As of 07/26/2024 ET)
Today's Range
$33.06
$33.45
50-Day Range
$31.33
$34.51
52-Week Range
$31.13
$43.65
Volume
1.42 million shs
Average Volume
2.31 million shs
Market Capitalization
$30.44 billion
P/E Ratio
23.17
Dividend Yield
8.69%
Price Target
$45.33

BCE MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
35.9% Upside
$45.33 Price Target
Short Interest
Bearish
4.28% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.68mentions of BCE in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.27%
From $2.20 to $2.25 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.

2.56 out of 5 stars

Utilities Sector

66th out of 90 stocks

Telephone Communication, Except Radio Industry

12th 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

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BCE (BCE) Scheduled to Post Earnings on Thursday
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BCE: Downgrade On Deteriorating Economy
BCE Q2 2024 results to be announced August 1
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 7/15 Dividend
6/14/2024
Dividend Payable
7/15/2024
Today
7/26/2024
Next Earnings (Confirmed)
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
$45.33
High Stock Price Target
$54.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+35.9%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$1.68 billion
Pretax Margin
11.73%

Debt

Sales & Book Value

Annual Sales
$18.28 billion
Cash Flow
$6.62 per share
Book Value
$13.72 per share

Miscellaneous

Free Float
910,915,000
Market Cap
$30.44 billion
Optionable
Optionable
Beta
0.57
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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

Should I Buy BCE Stock? BCE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in BCE Inc.:

  • BCE Inc. has a current stock price of $34.21 on the NYSE, which may present a buying opportunity for investors looking for value stocks.
  • The company has a consistent track record of paying dividends, providing investors with a potential source of passive income.
  • BCE Inc. has a diversified business model with operations in telecommunications, media, and entertainment, which can help mitigate risks associated with a single industry.
  • Recent earnings reports have shown that BCE Inc. met analysts' consensus estimates, indicating stability and predictability in its financial performance.
  • Institutional investors like Wellington Management Group LLP have been increasing their positions in BCE Inc., signaling confidence in the company's future prospects.

Cons

Investors should be bearish about investing in BCE Inc. for these reasons:

  • The stock price of BCE Inc. has experienced a decline, trading at $32.60 on the NYSE, which may indicate potential challenges or market concerns.
  • BCE Inc. operates in a highly regulated industry, which can lead to uncertainties related to government policies and regulations impacting the company's operations and profitability.
  • Analysts have issued mixed ratings on BCE Inc., with some downgrading the stock, suggesting varying opinions on the company's future performance.
  • The company's debt-to-equity ratio of 1.87 may raise concerns about its financial leverage and ability to manage debt obligations effectively.
  • BCE Inc.'s recent dividend cut may signal financial difficulties or strategic shifts within the company, potentially impacting investor confidence in the stock.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 1, 2024. Please send any questions or comments about these BCE pros and cons to contact@marketbeat.com.

BCE Stock Analysis - Frequently Asked Questions

How have BCE shares performed this year?

BCE's stock was trading at $39.38 at the beginning of the year. Since then, BCE shares have decreased by 15.3% and is now trading at $33.3650.
View the best growth stocks for 2024 here
.

How were BCE's earnings last quarter?

BCE Inc. (NYSE:BCE) issued its earnings results on Thursday, May, 2nd. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.53. The utilities provider earned $4.46 billion during the quarter, compared to the consensus estimate of $4.47 billion. BCE had a trailing twelve-month return on equity of 16.86% and a net margin of 7.53%.

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.

Does BCE have any subsidiaries?

The following companies are subsidiaries of BCE: Environics Analytics, Axia NetMedia, Alarm Force Industries, MTS, Cieslok Media Ltd., Q9 Networks, Corus, and others.

Who are BCE's major shareholders?

Top institutional investors of BCE include Raymond James & Associates (0.20%), LGT Capital Partners LTD. (0.07%), Liberty One Investment Management LLC (0.02%) and K.J. Harrison & Partners Inc (0.02%).

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.

What other stocks do shareholders of BCE own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BCE investors own include AT&T (T), Verizon Communications (VZ), Pfizer (PFE), AbbVie (ABBV), Enbridge (ENB), Johnson & Johnson (JNJ) and CVS Health (CVS).

This page (NYSE:BCE) was last updated on 7/27/2024 by MarketBeat.com Staff

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