NYSE:BCEBCE Stock Price, Forecast & News

$40.87

-0.29 (-0.70 %)

(As of 04/9/2020 06:31 AM ET)

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Today's Range

$40.45

Now: $40.87▼

$41.26

50-Day Range

$31.96

MA: $42.30▼

$49.18

52-Week Range

$31.66

Now: $40.87▼

$49.58

Volume1.40 million shs

Average Volume2.16 million shs

Market Capitalization$36.96 billion

P/E Ratio16.03

Dividend Yield6.05%

Beta0.44

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^™

3.1 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 $58.56, BCE has a potential upside of 43.3% from its current price of $40.87.
Amount of Analyst Coverage
BCE has only been the subject of 3 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
BCE has received 378 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
BCE has received 498 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
BCE has received 56.85% “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 6.05%, 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 94.32 %. 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 92.91 % 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
44.66% 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 9.39% in the coming year, from $2.45 to $2.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BCE is 16.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of BCE is 16.03, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 27.50.
Price to Earnings Growth Ratio
BCE has a PEG Ratio of 3.66. 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 2.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.85 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

Webhttp://www.bce.ca/

Phone514-870-8777

Debt

Debt-to-Equity Ratio1.29

Current Ratio0.56

Quick Ratio0.52

Price-To-Earnings

Trailing P/E Ratio16.03

Forward P/E Ratio16.68

P/E Growth3.66

Sales & Book Value

Annual Sales$18.06 billion

Price / Sales2.05

Cash Flow$6.38 per share

Price / Cash Flow6.41

Book Value$14.51 per share

Price / Book2.82

Profitability

EPS (Most Recent Fiscal Year)$2.64

Net Income$2.40 billion

Net Margins12.84%

Return on Equity18.89%

Return on Assets5.31%

Miscellaneous

Employees52,790

Outstanding Shares904,240,000

Market Cap$36.96 billion

Next Earnings Date5/7/2020 (Confirmed)

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 COVID-19 reached pandemic status according to the World Health Organization. Since then, BCE stock has decreased by 3.1% and is now trading at $40.87. 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, May 7th 2020. View our earnings forecast for BCE.

How were BCE's earnings last quarter?

BCE Inc. (NYSE:BCE) posted its quarterly earnings results on Thursday, February, 6th. The utilities provider reported $0.88 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.19. The utilities provider earned $6.32 billion during the quarter, compared to analyst estimates of $6.34 billion. BCE had a return on equity of 18.89% and a net margin of 12.84%. The business's quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.89 EPS. View BCE's earnings history.

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

BCE declared a quarterly dividend on Friday, February 7th. Stockholders of record on Monday, March 16th will be paid a dividend of $0.6267 per share on Wednesday, April 15th. This represents a $2.51 annualized dividend and a yield of 6.13%. The ex-dividend date is Friday, March 13th. This is a positive change from BCE's previous quarterly dividend of $0.60. View BCE's dividend history.

What guidance has BCE issued on next quarter's earnings?

BCE issued an update on its FY20 earnings guidance on Thursday, February, 6th. The company provided earnings per share guidance of $3.50-3.60 for the period, compared to the Thomson Reuters consensus estimate of $3.70. The company issued revenue guidance of +1-3% yr/yr to $24.2-24.7 billion, compared to the consensus revenue estimate of $24.44 billion.

What price target have analysts set for BCE?

12 equities research analysts have issued 12 month target prices for BCE's stock. Their forecasts range from $44.38 to $66.00. On average, they anticipate BCE's share price to reach $58.56 in the next twelve months. This suggests a possible upside of 43.3% from the stock's current price. View analysts' price targets for BCE.

Has BCE been receiving favorable news coverage?

Media stories about BCE stock have trended very negative on Thursday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BCE earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutBCE.

Are investors shorting BCE?

BCE saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 5,742,400 shares, an increase of 5.4% from the February 27th total of 5,450,000 shares. Based on an average trading volume of 1,050,000 shares, the short-interest ratio is currently 5.5 days. Currently, 0.6% of the shares of the company are short sold. View BCE's Current Options Chain.

Who are some of BCE's key competitors?

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

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), Enbridge (ENB), AbbVie (ABBV), Suncor Energy (SU), Toronto-Dominion Bank (TD), Pfizer (PFE) and CVS Health (CVS).

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 a number of institutional and retail investors. Top institutional investors include Chemung Canal Trust Co. (0.01%), Cardinal Capital Management Inc. (0.01%), Nexus Investment Management Inc. (0.01%), Fulton Bank N.A. (0.01%), CLARET ASSET MANAGEMENT Corp (0.01%) and Gradient Investments LLC (0.00%).

Which institutional investors are selling BCE stock?

BCE stock was sold by a variety of institutional investors in the last quarter, including Chemung Canal Trust Co., Fulton Bank N.A., and Gradient Investments LLC.

Which institutional investors are buying BCE stock?

BCE stock was bought by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Nexus Investment Management Inc., and CLARET ASSET MANAGEMENT Corp.

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 $40.87.

How big of a company is BCE?

BCE has a market capitalization of $36.96 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 52,790 workers across the globe. View additional information about BCE.

What is BCE's official website?

The official website for BCE is http://www.bce.ca/.

How can I contact BCE?

BCE's mailing address is 1 Carrefour Alexander-Graham-Bell Building A 8th 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 4/9/2020 by MarketBeat.com Staff

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NYSE:BCEBCE Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.1 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.2 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment