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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:BCE

BCE (BCE) Stock Price, News & Analysis

$32.21
-0.03 (-0.09%)
(As of 04/18/2024 ET)
Today's Range
$32.09
$32.40
50-Day Range
$32.11
$38.00
52-Week Range
$31.82
$48.38
Volume
1.39 million shs
Average Volume
2.62 million shs
Market Capitalization
$29.38 billion
P/E Ratio
19.06
Dividend Yield
9.16%
Price Target
$49.00

BCE MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
52.1% Upside
$49.00 Price Target
Short Interest
Healthy
1.71% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.21mentions of BCE in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.42%
From $2.26 to $2.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.64 out of 5 stars

Utilities Sector

42nd out of 90 stocks

Telephone Communication, Except Radio Industry

5th out of 17 stocks

BCE stock logo

About BCE Stock (NYSE:BCE)

BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers. This segment also buys and sells local telephone, long distance, and data and other services from or to resellers and other carriers; and operates consumer electronics retail stores. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.

BCE Stock Price History

BCE Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
BCE (NYSE:BCE) Hits New 12-Month Low at $32.27
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Thursday Morning Stocks To Watch
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 4/15 Dividend
3/14/2024
Dividend Payable
4/15/2024
Today
4/18/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Telephone communication, except radio
Sub-Industry
N/A
Employees
45,132
Year Founded
1880

Price Target and Rating

Average Stock Price Target
$49.00
High Stock Price Target
$61.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+52.0%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$1.68 billion
Pretax Margin
13.47%

Debt

Sales & Book Value

Annual Sales
$18.28 billion
Cash Flow
$6.54 per share
Book Value
$13.72 per share

Miscellaneous

Free Float
910,907,000
Market Cap
$29.41 billion
Optionable
Optionable
Beta
0.56
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Key Executives

  • Mr. John Watson (Age 60)
    Group President of Business Markets, Customer Experience & AI
    Comp: $1.3M
  • Mr. Blaik Kirby
    Group President of Consumer, Small & Medium Business (SMB)
  • Mr. Curtis Millen
    Executive VP & CFO
  • Mr. Stephen Guy Howe
    Chief Technology & Information Officer
  • Thane Fotopoulos
    Vice President of Investor Relations
  • Mr. Robert Malcolmson
    Executive VP and Chief Legal & Regulatory Officer
  • Ms. Nikki Moffat
    Chief Human Resources Officer & Executive VP of Corporate Services
  • Ms. Karine Moses
    Senior VP of Content Development & News and Vice Chair of Québec
  • Ms. Devorah Lithwick
    Senior Vice President & Chief Brand Officer
  • Thierry Chaumont
    Senior VP of Tax & Controller

Should I Buy BCE Stock? BCE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in BCE Inc.:

  • BCE Inc. reported earnings per share (EPS) of $0.56 for the last quarter, beating the consensus estimate by $0.02. This indicates strong financial performance.
  • BCE Inc. has a return on equity of 17.13%, showcasing efficient utilization of shareholder equity to generate profits.
  • BCE Inc. increased its dividend, with shareholders set to receive a $0.742 dividend, reflecting the company's commitment to rewarding investors.
  • BCE Inc. has a diverse range of services including wireless, wireline, Internet, and TV services, providing stability and potential for growth in various sectors.
  • Despite recent fluctuations, BCE Inc.'s stock price has shown resilience, with a 12-month high of $48.38, indicating potential for capital appreciation.

Cons

Investors should be bearish about investing in BCE Inc. for these reasons:

  • BCE Inc.'s PEG ratio of 4.52 suggests that the stock may be overvalued relative to its earnings growth, potentially limiting future returns.
  • The company's debt-to-equity ratio of 1.84 indicates a relatively high level of debt, which could pose risks during economic downturns or rising interest rates.
  • BCE Inc.'s net margin of 8.82% is lower compared to some competitors, indicating potential challenges in maintaining profitability.
  • Analysts predict BCE Inc. to post 2.36 EPS for the current fiscal year, which may fall short of expectations and impact investor sentiment.
  • With a beta of 0.56, BCE Inc.'s stock may have lower volatility compared to the market, potentially limiting opportunities for short-term gains.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these BCE pros and cons to contact@marketbeat.com.

BCE Stock Analysis - Frequently Asked Questions

Should I buy or sell BCE stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BCE in the last twelve months. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 target for 2024?

7 Wall Street research analysts have issued twelve-month price objectives for BCE's shares. Their BCE share price targets range from $35.00 to $61.00. On average, they predict the company's stock price to reach $49.00 in the next twelve months. This suggests a possible upside of 52.1% 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 2024?

BCE's stock was trading at $39.38 at the beginning of the year. Since then, BCE shares have decreased by 18.2% and is now trading at $32.21.
View the best growth stocks for 2024 here
.

Are investors shorting BCE?

BCE saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 16,170,000 shares, an increase of 88.9% from the February 29th total of 8,560,000 shares. Based on an average daily volume of 2,430,000 shares, the days-to-cover ratio is presently 6.7 days. Currently, 1.8% of the company's shares are sold short.
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, May 2nd 2024.
View our BCE earnings forecast
.

How can I listen to BCE's earnings call?

BCE will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-483-1416 with passcode "3828464 #".

How were BCE's earnings last quarter?

BCE Inc. (NYSE:BCE) posted its quarterly earnings data on Thursday, February, 8th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.02. The utilities provider had revenue of $4.76 billion for the quarter, compared to the consensus estimate of $4.82 billion. BCE had a trailing twelve-month return on equity of 17.13% and a net margin of 8.82%.

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

BCE declared a quarterly dividend on Thursday, February 8th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.742 per share on Monday, April 15th. This represents a $2.97 dividend on an annualized basis and a dividend yield of 9.21%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.70.
Read our dividend analysis for BCE
.

Is BCE a good dividend stock?

BCE (NYSE:BCE) pays an annual dividend of $2.95 per share and currently has a dividend yield of 9.15%. BCE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 174.56%. 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 125.00% 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 updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided EPS guidance of 2.190-2.310 for the period, compared to the consensus earnings per share estimate of 2.370. The company issued revenue guidance of $18.1 billion-$18.9 billion, compared to the consensus revenue estimate of $18.6 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).

Who are BCE's major shareholders?

BCE's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Addenda Capital Inc. (0.08%), Guyasuta Investment Advisors Inc. (0.07%), Viking Fund Management LLC (0.02%), Hennessy Advisors Inc. (0.01%), Tompkins Financial Corp (0.01%) and Fulton Bank N.A. (0.01%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NYSE:BCE) was last updated on 4/18/2024 by MarketBeat.com Staff

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