NYSE:BCEBCE Stock Price, Forecast & News

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 shares have decreased by 1.4% and is now trading at $41.59. View which stocks have been most impacted by Coronavirus.

11 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for BCE.

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

BCE Inc. (NYSE:BCE) posted its quarterly earnings data on Thursday, May, 7th. The utilities provider reported $0.80 EPS 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%. The company's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.77 EPS. View BCE's earnings history.

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 annualized dividend and a dividend yield of 5.66%. The ex-dividend date of this dividend is Friday, June 12th. View BCE's dividend history.

11 brokerages have issued 1-year price objectives for BCE's stock. Their forecasts range from $58.00 to $65.00. On average, they expect BCE's share price to reach $60.86 in the next year. This suggests a possible upside of 46.3% from the stock's current price. View analysts' price targets for BCE.

News articles about BCE stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring 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 nearest to five being the most favorable. BCE earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about BCE.

BCE saw a increase in short interest in June. As of June 15th, there was short interest totaling 6,470,000 shares, an increase of 9.7% from the May 31st total of 5,900,000 shares. Based on an average daily volume of 1,560,000 shares, the days-to-cover ratio is presently 4.1 days. Approximately 0.7% of the shares of the stock are sold short. View BCE's Current Options Chain.

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), Orange (ORAN), VIVENDI SA/ADR (VIVHY), SINGAPORE TELEC/S (SGAPY), Swisscom (SCMWY), Telstra (TLSYY), Telefonica (TEF), China Telecom (CHA), Telenor ASA (TELNY), Telekomnks Indn Prsr Tbk Prshn Prsrn (TLK), Advanced Info Service PCL (AVIFY) and TELIA Co A B/ADR (TLSNY). View all competitors.

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).

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

One share of BCE stock can currently be purchased for approximately $41.59.

BCE has a market capitalization of $37.61 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.

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

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]