NYSE:BCE BCE (BCE) Stock Forecast, Price & News $45.10 -0.36 (-0.79%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$44.99▼$45.4150-Day Range$43.83▼$48.3052-Week Range$39.88▼$55.13Volume1.00 million shsAverage Volume1.18 million shsMarket Capitalization$41.14 billionP/E Ratio21.17Dividend Yield6.23%Price Target$62.72 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media BCE MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside39.1% Upside$62.72 Price TargetShort InterestHealthy1.29% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.16Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth2.53%From $2.37 to $2.43 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.33 out of 5 starsUtilities Sector43rd out of 84 stocksTelephone Communication, Except Radio Industry12th out of 25 stocks 3.1 Analyst's Opinion Consensus RatingBCE has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $62.72, BCE has a forecasted upside of 39.1% from its current price of $45.10.Amount of Analyst CoverageBCE has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.29% of the float of BCE has been sold short.Short Interest Ratio / Days to CoverBCE has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.Change versus previous monthShort interest in BCE has recently decreased by 11.28%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipBCE is a leading dividend payer. It pays a dividend yield of 6.18%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBCE has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of BCE is 131.92%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, BCE will have a dividend payout ratio of 115.64% in the coming year. This indicates that BCE may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BCE. Previous Next 2.3 News and Social Media Coverage News SentimentBCE has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 12 news articles for BCE this week, compared to 5 articles on an average week.Search InterestOnly 40 people have searched for BCE on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows8 people have added BCE to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BCE insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.15% of the stock of BCE is held by insiders.Percentage Held by Institutions42.92% of the stock of BCE is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for BCE are expected to grow by 2.53% in the coming year, from $2.37 to $2.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BCE is 21.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.72.Price to Earnings Ratio vs. SectorThe P/E ratio of BCE is 21.17, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.18.Price to Earnings Growth RatioBCE has a PEG Ratio of 5.82. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBCE has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BCE (NYSE:BCE) StockBCE, Inc. is a telecommunications and media company, which engages in the provision of communication services to residential, business, and wholesale customers. It operates through the following segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment covers integrated digital wireless voice and data communications products and services to residential and business customers. The Bell Wireline segment offers data, including Internet access and Internet protocol television, local telephone, long distance, as well as other communications services and products to residential, small and medium-sized business, and large enterprise customers. The Bell Media segment includes conventional, specialty and pay television, digital media, radio broadcasting services, and out-of-home advertising services. The company was founded on February 25, 1970 and is headquartered in Verdun, Canada.Read More Receive BCE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BCE and its competitors with MarketBeat's FREE daily newsletter. Email Address BCE Stock News HeadlinesMay 30, 2023 | ca.finance.yahoo.com2 Undervalued TSX Dividend Stocks to Buy in June 2023May 30, 2023 | theglobeandmail.comClosing Bell: BCE Inc Pref Sh Series Aj up on Friday (BCE-PR-J)May 31, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 29, 2023 | msn.comQuebecor Could Totally Disrupt the Big 3 Canadian Telecom StocksMay 29, 2023 | americanbankingnews.comBCE Inc. (NYSE:BCE) Receives Average Recommendation of "Hold" from AnalystsMay 27, 2023 | msn.comLegend has it: See how amateur cartographers are reflecting clients’ stories in mapsMay 27, 2023 | americanbankingnews.comBrokerages Set BCE Inc. (NYSE:BCE) Price Target at $61.50May 26, 2023 | msn.com5 Canadian Dividend Stocks That Every Investor Should OwnMay 31, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 26, 2023 | news.yahoo.comOldest saddle discovered at burial site in northwest ChinaMay 18, 2023 | theglobeandmail.comClosing Bell: BCE Inc Pref Shares Series An flat on Monday (BCE-PR-N)May 18, 2023 | theglobeandmail.comClosing Bell: BCE 1st Pref Shares Series Ag down on Wednesday (BCE-PR-G)May 17, 2023 | theglobeandmail.comClosing Bell: BCE 1st Pref Shares Series Ae up on Tuesday (BCE-PR-E)May 17, 2023 | theglobeandmail.comClosing Bell: BCE Inc Pref Shares Series An up on Monday (BCE-PR-N)May 16, 2023 | theglobeandmail.comClosing Bell: BCE 1st Pref Shares Series Af flat on Monday (BCE-PR-F)May 16, 2023 | theglobeandmail.comClosing Bell: BCE Inc Pref Sh Series Aj up on Tuesday (BCE-PR-J)May 16, 2023 | seekingalpha.comRinging The Canadian Bell: BCE - 6% Yield - To Hold Or SellMay 14, 2023 | americanbankingnews.comBCE (NYSE:BCE) Rating Lowered to Hold at StockNews.comMay 13, 2023 | theglobeandmail.comClosing Bell: BCE Inc Ser R down on Friday (BCE-PR-R)May 11, 2023 | bloomberg.comBCE dice que expectativas inflación al consumidor subieron muchoMay 11, 2023 | theglobeandmail.comClosing Bell: BCE Inc Pref Sh Series Aj down on Wednesday (BCE-PR-J)May 11, 2023 | finance.yahoo.comBCE Inc.: BCE Is Well Positioned, but Legacy Businesses and Greater Wireless Competition Will Weigh on GrowthMay 10, 2023 | americanbankingnews.comFY2023 Earnings Forecast for BCE Inc. (NYSE:BCE) Issued By National Bank FinancialMay 8, 2023 | americanbankingnews.comBCE (NYSE:BCE) Raised to "Buy" at StockNews.comMay 5, 2023 | americanbankingnews.comCormark Weighs in on BCE Inc.'s Q1 2023 Earnings (NYSE:BCE)May 4, 2023 | finance.yahoo.comBCE Q1 Performance: Big Topline Beat, CFO LeBlanc To Retire, Curtis Millen Will ReplaceMay 4, 2023 | americanbankingnews.comBCE Inc. (NYSE:BCE) Receives $62.71 Average Target Price from AnalystsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BCE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BCE and its competitors with MarketBeat's FREE daily newsletter. Email Address BCE Company Calendar Last Earnings11/04/2021Ex-Dividend for 4/15 Dividend3/14/2023Dividend Payable4/15/2023Today5/31/2023Ex-Dividend for 7/17 Dividend6/14/2023Dividend Payable7/17/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Telephone communication, except radio Sub-IndustryN/A SectorUtilities Current SymbolNYSE:BCE CUSIPN/A CIK718940 Webwww.bce.ca Phone(888) 932-6666Fax514-766-5735Employees44,610Year Founded1880Price Target and Rating Average Stock Price Forecast$62.72 High Stock Price Forecast$66.75 Low Stock Price Forecast$47.00 Forecasted Upside/Downside+38.0%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.13 Trailing P/E Ratio21.34 Forward P/E Ratio19.18 P/E Growth5.82Net Income$2.21 billion Net Margins10.85% Pretax Margin15.05% Return on Equity16.13% Return on Assets4.45% Debt Debt-to-Equity Ratio1.49 Current Ratio0.57 Quick Ratio0.51 Sales & Book Value Annual Sales$18.59 billion Price / Sales2.23 Cash Flow$6.74 per share Price / Cash Flow6.74 Book Value$14.94 per share Price / Book3.04Miscellaneous Outstanding Shares912,170,000Free Float910,805,000Market Cap$41.47 billion OptionableOptionable Beta0.60 Key ExecutivesMirko BibicPresident, Chief Executive Officer & DirectorGlen LeBlancChief Financial Officer & Executive Vice PresidentStephen HoweChief Technology and Information OfficerRobert MalcolmsonExecutive VP, Chief Legal & Regulatory OfficerDevorah LithwickChief Brand Officer & Senior Vice PresidentKey CompetitorsPerusahaan Perseroan (Persero) PT Telekomunikasi Indonesia TbkNYSE:TLKTelefónicaNYSE:TEFTelefônica BrasilNYSE:VIVDominion EnergyNYSE:DPG&ENYSE:PCGView All CompetitorsInstitutional OwnershipSheets Smith Wealth ManagementSold 459 shares on 5/26/2023Ownership: 0.001%Old North State Trust LLCSold 5,691 shares on 5/23/2023Ownership: 0.000%Ameriprise Financial Inc.Bought 131,686 shares on 5/22/2023Ownership: 0.121%Raleigh Capital Management Inc.Bought 2,217 shares on 5/22/2023Ownership: 0.006%Centaurus Financial Inc.Bought 408 shares on 5/18/2023Ownership: 0.001%View All Institutional Transactions BCE Stock - Frequently Asked Questions Should I buy or sell BCE stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BCE in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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. View BCE analyst ratings or view top-rated stocks. What is BCE's stock price forecast for 2023? 4 Wall Street analysts have issued 12 month price objectives for BCE's shares. Their BCE share price forecasts range from $47.00 to $66.75. On average, they predict the company's stock price to reach $62.72 in the next year. This suggests a possible upside of 38.7% from the stock's current price. View analysts price targets for BCE or view top-rated stocks among Wall Street analysts. How have BCE shares performed in 2023? BCE's stock was trading at $43.95 at the beginning of 2023. Since then, BCE stock has increased by 2.9% and is now trading at $45.23. View the best growth stocks for 2023 here. Are investors shorting BCE? BCE saw a decrease in short interest in May. As of May 15th, there was short interest totaling 11,720,000 shares, a decrease of 11.3% from the April 30th total of 13,210,000 shares. Based on an average trading volume of 1,170,000 shares, the days-to-cover ratio is currently 10.0 days. Approximately 1.3% of the company's shares are short sold. View BCE's Short Interest. When is BCE's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our BCE earnings forecast. How were BCE's earnings last quarter? BCE Inc. (NYSE:BCE) announced its earnings results on Thursday, November, 4th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.17. The utilities provider had revenue of $5.84 billion for the quarter, compared to analysts' expectations of $5.94 billion. BCE had a trailing twelve-month return on equity of 16.13% and a net margin of 10.85%. BCE's quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the firm earned $0.59 earnings per share. How often does BCE pay dividends? What is the dividend yield for BCE? BCE declared a quarterly dividend on Thursday, May 4th. Investors of record on Thursday, June 15th will be given a dividend of $0.714 per share on Monday, July 17th. This represents a $2.86 annualized dividend and a yield of 6.31%. The ex-dividend date of this dividend is Wednesday, June 14th. This is a positive change from the stock's previous quarterly dividend of $0.71. Read our dividend analysis for BCE. Is BCE a good dividend stock? BCE (NYSE:BCE) pays an annual dividend of $2.81 per share and currently has a dividend yield of 6.18%. BCE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 131.92%. 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 115.64% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for BCE. What guidance has BCE issued on next quarter's earnings? BCE issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of $2.31-$2.40 for the period, compared to the consensus estimate of $2.33. The company issued revenue guidance of $18.06 billion-$18.78 billion, compared to the consensus revenue estimate of $18.20 billion. 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. 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), 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). 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 variety of retail and institutional investors. Top institutional shareholders include National Bank of Canada FI (1.70%), 1832 Asset Management L.P. (1.30%), Deutsche Bank AG (1.29%), FIL Ltd (1.09%), Toronto Dominion Bank (0.97%) and Scotia Capital Inc. (0.89%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is BCE's stock price today? One share of BCE stock can currently be purchased for approximately $45.23. How much money does BCE make? BCE (NYSE:BCE) has a market capitalization of $41.26 billion and generates $18.59 billion in revenue each year. The utilities provider earns $2.21 billion in net income (profit) each year or $2.13 on an earnings per share basis. How many employees does BCE have? The company employs 44,610 workers across the globe. Does BCE have any subsidiaries? The following companies are subsidiares of BCE: Alarm Force Industries, American Management Systems, Astral Media, Axia NetMedia, Bell Aliant Inc., Bell Canada, Bell Media, Bell Mobility, Cieslok Media Ltd., Corus, Environics Analytics, Gestion Infopharm, Glentel, MTS, Maple Leaf Sports & Entertainment, Q9 Networks, SPACECONNECTION, TESS S.A., Teleglobe, Telesat Canada, The Source (Bell) Electronics, Toronto Argonauts Football Club, Tri-Comp Systems, Virgin Mobile Canada, Ware Solutions Corp, and e-route.Read More How can I contact BCE? 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. This page (NYSE:BCE) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding BCE Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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