BCE - BCE Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BCE in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BCE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BCE, but not buy additional shares or sell existing shares.
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7 Wall Street research analysts have issued twelve-month price targets for BCE's shares. Their BCE share price forecasts range from $51.00 to $71.00. On average, they anticipate the company's stock price to reach $66.10 in the next year. This suggests a possible upside of 46.1% from the stock's current price.
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BCE's stock was trading at $52.04 on January 1st, 2022. Since then, BCE stock has decreased by 13.1% and is now trading at $45.24.
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BCE saw a increase in short interest in August. As of August 31st, there was short interest totaling 16,860,000 shares, an increase of 46.4% from the August 15th total of 11,520,000 shares. Based on an average daily volume of 1,270,000 shares, the short-interest ratio is presently 13.3 days. Currently, 1.9% of the shares of the stock are sold short.
View BCE's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our BCE earnings forecast.

BCE Inc. (NYSE:BCE) released its earnings results on Thursday, August, 4th. The utilities provider reported $0.68 earnings per share for the quarter, topping analysts' consensus estimates of $0.65 by $0.03. The utilities provider had revenue of $5.86 billion for the quarter, compared to analyst estimates of $5.87 billion. BCE had a trailing twelve-month return on equity of 15.73% and a net margin of 12.40%. BCE's quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company posted $0.68 EPS.

BCE declared a quarterly dividend on Thursday, August 4th. Investors of record on Thursday, September 15th will be paid a dividend of $0.719 per share on Saturday, October 15th. This represents a $2.88 annualized dividend and a dividend yield of 6.36%. The ex-dividend date of this dividend is Wednesday, September 14th. This is a positive change from the stock's previous quarterly dividend of $0.72.
Read our dividend analysis for BCE.

BCE (NYSE:BCE) pays an annual dividend of $2.86 per share and currently has a dividend yield of 6.32%. BCE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 114.86%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BCE will have a dividend payout ratio of 104.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BCE.

BCE updated its FY 2022 earnings guidance on Thursday, August, 11th. The company provided earnings per share (EPS) guidance of $2.55-$2.67 for the period, compared to the consensus earnings per share estimate of $2.65. The company issued revenue guidance of $18.56 billion-$19.29 billion, compared to the consensus revenue estimate of $18.81 billion.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other BCE investors own include AT&T (T), Verizon Communications (VZ), Pfizer (PFE), AbbVie (ABBV), Enbridge (ENB), Johnson & Johnson (JNJ), CVS Health (CVS), Cisco Systems (CSCO), Royal Bank of Canada (RY) and Brookfield Infrastructure Partners (BIP).

BCE trades on the New York Stock Exchange (NYSE) under the ticker symbol "BCE."

BCE's stock is owned by many different retail and institutional investors. Top institutional investors include Caisse DE Depot ET Placement DU Quebec (1.85%), Bank of Nova Scotia (1.52%), Deutsche Bank AG (1.26%), TD Asset Management Inc. (1.23%), Franklin Resources Inc. (1.12%) and Toronto Dominion Bank (0.99%).

Shares of BCE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BCE stock can currently be purchased for approximately $45.24.

BCE (NYSE:BCE) has a market capitalization of $41.26 billion and generates $18.71 billion in revenue each year. The utilities provider earns $2.27 billion in net income (profit) each year or $2.49 on an earnings per share basis.

The company employs 49,781 workers across the globe.

BCE's mailing address is 1 carrefour Alexander-Graham-Bell Building A 7th Floor, Verdun A8, H3E 3B3. The official website for the company is www.bce.ca. The utilities provider can be reached via phone at (888) 932-6666, via email at investor.relations@bell.ca, or via fax at 514-766-5735.