NYSE:BCEBCE Stock Price, Forecast & News

$43.37

+0.02 (+0.05 %)

(As of 06/4/2020 01:39 PM ET)

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Today's Range

$42.99

Now: $43.37▼

$43.47

50-Day Range

$38.77

MA: $40.35▼

$42.13

52-Week Range

$31.66

Now: $43.37▼

$49.58

Volume63,931 shs

Average Volume1.12 million shs

Market Capitalization$39.22 billion

P/E Ratio17.49

Dividend Yield5.59%

Beta0.38

BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. It operates in three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers wireless voice and data communications products and services, including 40 live and on-demand channels on smartphones and tablets; roaming services; push-to-talk, field service management, worker safety, and mobility management solutions; and asset management, smart buildings, smart cities, fleet management, and other Internet of Things services. It also provides various 4G LTE and LTE-A smartphones and tablets, mobile Internet hubs and sticks, and mobile Wi-Fi devices, as well as smartwatches, Bell connected cars, trackers, smart homes, lifestyle products, and virtual reality products. The Bell Wireline segment provides data, including Internet access and Internet protocol television; and local telephone, long distance, and other communications services and products. It also provides home security, monitoring, and automation services; and satellite TV and connectivity services. In addition, this segment offers local exchange carrier and telecommunications services; sells wireline-related products; and buys and sells local telephone, long distance, data, and other services from or to resellers, and other carriers. The Bell Media segment provides conventional TV, specialty TV, pay TV, and streaming services; and digital media, radio broadcasting, out-of-home advertising services, sports and other event production, and broadcasting services. It owns and operates approximately 30 conventional TV stations; 33 specialty and Pay TV channels; 3 direct-to-consumer streaming services; 109 licensed radio stations; and 200 Websites and approximately 30 apps. The company was formerly known as Bell Canada Enterprises Inc. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.

Beat the Market (BTM) Rank^™

4.1 Analyst's Opinion

Consensus Rating
BCE has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 5 buy ratings, 5 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $58.80, BCE has a potential upside of 35.6% from its current price of $43.37.
Amount of Analyst Coverage
BCE has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
BCE has received 381 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
BCE has received 501 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
BCE has received 56.80% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about BCE and other stocks. Vote “Outperform” if you believe BCE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BCE will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
BCE is a leading dividend payer. It pays a dividend yield of 5.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
BCE has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of BCE is 90.15 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, BCE will have a dividend payout ratio of 94.44 % in the coming year. This indicates that BCE may not be able to sustain their current dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BCE insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.15% of the stock of BCE is held by insiders.
Percentage Held by Institutions
45.54% of the stock of BCE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for BCE are expected to grow by 6.78% in the coming year, from $2.36 to $2.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BCE is 17.49, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of BCE is 17.49, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 29.92.
Price to Earnings Growth Ratio
BCE has a PEG Ratio of 4.05. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
BCE has a P/B Ratio of 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.05 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Telephone communication, except radio

Sub-IndustryN/A

SectorUtilities

Current SymbolNYSE:BCE

Previous Symbol

CUSIPN/A

CIK718940

Webwww.bce.ca

Phone514-870-8777

Debt

Debt-to-Equity Ratio1.31

Current Ratio0.88

Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio17.49

Forward P/E Ratio18.38

P/E Growth4.05

Sales & Book Value

Annual Sales$18.06 billion

Price / Sales2.17

Cash Flow$6.53 per share

Price / Cash Flow6.64

Book Value$14.51 per share

Price / Book2.99

Profitability

EPS (Most Recent Fiscal Year)$2.64

Net Income$2.40 billion

Net Margins12.63%

Return on Equity18.24%

Return on Assets5.22%

Miscellaneous

Employees52,100

Outstanding Shares904,330,000

Market Cap$39.22 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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BCE (NYSE:BCE) Frequently Asked Questions

How has BCE's stock been impacted by COVID-19 (Coronavirus)?

BCE's stock was trading at $42.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BCE shares have increased by 2.9% and is now trading at $43.37. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of BCE?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BCE in the last year. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for BCE.

When is BCE's next earnings date?

BCE is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for BCE.

How were BCE's earnings last quarter?

BCE Inc. (NYSE:BCE) issued its earnings results on Thursday, May, 7th. The utilities provider reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.24. The utilities provider earned $5.68 billion during the quarter, compared to analysts' expectations of $5.65 billion. BCE had a return on equity of 18.24% and a net margin of 12.63%. BCE's revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.77 EPS. View BCE's earnings history.

How often does BCE pay dividends? What is the dividend yield for BCE?

BCE announced a quarterly dividend on Friday, May 8th. Investors of record on Monday, June 15th will be paid a dividend of $0.5883 per share on Wednesday, July 15th. This represents a $2.35 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date of this dividend is Friday, June 12th. View BCE's dividend history.

What price target have analysts set for BCE?

12 brokerages have issued 1 year price targets for BCE's stock. Their forecasts range from $44.38 to $65.00. On average, they expect BCE's stock price to reach $58.80 in the next twelve months. This suggests a possible upside of 35.6% from the stock's current price. View analysts' price targets for BCE.

Has BCE been receiving favorable news coverage?

News articles about BCE stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. BCE earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutBCE.

Are investors shorting BCE?

BCE saw a increase in short interest in May. As of May 15th, there was short interest totaling 5,930,000 shares, an increase of 15.8% from the April 30th total of 5,120,000 shares. Based on an average daily trading volume, of 1,620,000 shares, the short-interest ratio is currently 3.7 days. Approximately 0.7% of the company's shares are sold short. View BCE's Current Options Chain.

Who are some of BCE's key competitors?

Some companies that are related to BCE include China Mobile (CHL), SoftBank Group (SFTBY), Nippon Telegraph & Telephone (NTTYY), America Movil SAB de CV ADR Series L (AMX), Sprint (S), Orange (ORAN), SINGAPORE TELEC/S (SGAPY), VIVENDI SA/ADR (VIVHY), Telefonica (TEF), Swisscom (SCMWY), Telstra (TLSYY), China Telecom (CHA), Telenor ASA (TELNY), Telekomnks Indn Prsr Tbk Prshn Prsrn (TLK) and Advanced Info Service PCL (AVIFY). View all competitors.

What other stocks do shareholders of BCE own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BCE investors own include AT&T (T), Verizon Communications (VZ), Brookfield Infrastructure Partners (BIP), Royal Bank of Canada (RY), AbbVie (ABBV), Pfizer (PFE), Enbridge (ENB), Suncor Energy (SU), CVS Health (CVS) and Toronto-Dominion Bank (TD).

Who are BCE's key executives?

BCE's management team includes the following people:

Mr. George Alexander Cope O.C. C.M., Pres, CEO & Director (Age 57)
Mr. Glen LeBlanc FCMA, Exec. VP & CFO (Age 51)
Mr. Mirko Bibic, Chief Operating Officer
Mr. Wade Oosterman, Vice Chair & Group Pres (Age 58)
Mr. Thomas Little, Pres of Bell Bus. Markets - Bell Canada

What is BCE's stock symbol?

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

Who are BCE's major shareholders?

BCE's stock is owned by many different retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (1.74%), Deutsche Bank AG (1.31%), 1832 Asset Management L.P. (0.99%), Franklin Resources Inc. (0.95%), The Manufacturers Life Insurance Company (0.93%) and Toronto Dominion Bank (0.63%).

Which major investors are selling BCE stock?

BCE stock was sold by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Wellington Management Group LLP, Alberta Investment Management Corp, Toronto Dominion Bank, and Pictet Asset Management Ltd..

Which major investors are buying BCE stock?

BCE stock was purchased by a variety of institutional investors in the last quarter, including Cullen Capital Management LLC, Unigestion Holding SA, Healthcare of Ontario Pension Plan Trust Fund, AGF Investments Inc., The Manufacturers Life Insurance Company , CIBC Asset Management Inc, Franklin Resources Inc., and Connor Clark & Lunn Investment Management Ltd..

How do I buy shares of BCE?

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

What is BCE's stock price today?

One share of BCE stock can currently be purchased for approximately $43.37.

How big of a company is BCE?

BCE has a market capitalization of $39.22 billion and generates $18.06 billion in revenue each year. The utilities provider earns $2.40 billion in net income (profit) each year or $2.64 on an earnings per share basis. BCE employs 52,100 workers across the globe.

What is BCE's official website?

The official website for BCE is www.bce.ca.

How can I contact BCE?

BCE's mailing address is 1 carrefour Alexander-Graham-Bell Building A 7th Floor, Verdun A8, H3E 3B3. The utilities provider can be reached via phone at 514-870-8777 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff