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NYSE:BCEBCE Stock Price, Forecast & News

$43.59
+0.24 (+0.55 %)
(As of 06/4/2020 04:00 PM ET)
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Today's Range
$42.99
Now: $43.59
$43.60
50-Day Range
$38.77
MA: $40.38
$43.35
52-Week Range
$31.66
Now: $43.59
$49.58
Volume1.37 million shs
Average Volume1.12 million shs
Market Capitalization$39.42 billion
P/E Ratio17.48
Dividend Yield5.50%
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.1Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.05 out of 5 stars


Industry, Sector and Symbol

Industry Telephone communication, except radio
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone514-870-8777

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$18.06 billion
Cash Flow$6.46 per share
Book Value$14.51 per share

Profitability

Net Income$2.40 billion

Miscellaneous

Employees52,100
Market Cap$39.42 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 COVID-19 reached pandemic status according to the World Health Organization. Since then, BCE stock has increased by 2.8% and is now trading at $43.35. 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) released its quarterly earnings results on Thursday, May, 7th. The utilities provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.24. The utilities provider had revenue of $5.68 billion for the quarter, compared to the consensus estimate of $5.65 billion. BCE had a net margin of 12.63% and a return on equity of 18.24%. The company's revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the company posted $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 is Friday, June 12th. View BCE's dividend history.

What price target have analysts set for BCE?

12 Wall Street analysts have issued 12 month price targets for BCE's shares. Their forecasts range from $44.38 to $65.00. On average, they expect BCE's share 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 coverage about BCE stock has been trending somewhat negative on Friday, according to InfoTrie. The research group identifies positive and negative news 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 negative five to positive five, with scores closest to five being the most favorable. BCE earned a news impact score of -1.9 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutBCE.

Are investors shorting BCE?

BCE saw a increase in short interest in the month of 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 days-to-cover ratio is currently 3.7 days. Currently, 0.7% of the company's shares are sold short. View BCE's Current Options Chain.

Who are some of BCE's key 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 institutional and retail investors. Top institutional investors 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 $43.35.

How big of a company is BCE?

BCE has a market capitalization of $39.20 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 6/5/2020 by MarketBeat.com Staff

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