FY2025 EPS Estimates for BCE Inc. (TSE:BCE) Decreased by Analyst

BCE Inc. (TSE:BCE) (NYSE:BCE) – Analysts at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for BCE in a research report issued on Thursday, May 2nd. National Bank Financial analyst A. Shine now anticipates that the company will post earnings of $3.08 per share for the year, down from their previous estimate of $3.11. The consensus estimate for BCE’s current full-year earnings is $3.03 per share.

A number of other research firms have also weighed in on BCE. National Bankshares dropped their target price on shares of BCE from C$55.00 to C$53.00 and set an “outperform” rating for the company in a report on Monday, March 25th. Canaccord Genuity Group cut their price objective on BCE from C$57.00 to C$55.00 and set a “buy” rating on the stock in a research report on Friday, February 9th. Cormark decreased their target price on BCE from C$58.00 to C$53.00 in a report on Thursday, April 18th. Barclays cut their price target on shares of BCE from C$52.00 to C$48.00 in a report on Tuesday, April 9th. Finally, Desjardins decreased their price objective on shares of BCE from C$58.00 to C$55.00 and set a “hold” rating for the company in a report on Friday, February 9th. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, BCE presently has an average rating of “Hold” and a consensus target price of C$52.15.

BCE Trading Up 1.8 %

TSE:BCE opened at C$45.96 on Monday. The firm has a market capitalization of C$41.93 billion, a P/E ratio of 23.81, a P/E/G ratio of 1.90 and a beta of 0.44. BCE has a 52 week low of C$43.96 and a 52 week high of C$65.11. The company has a quick ratio of 0.43, a current ratio of 0.61 and a debt-to-equity ratio of 184.91. The company has a fifty day moving average of C$46.42 and a 200 day moving average of C$50.82.

BCE (TSE:BCE) (NYSE:BCE) last announced its quarterly earnings data on Thursday, February 8th. The company reported C$0.76 earnings per share for the quarter, beating the consensus estimate of C$0.73 by C$0.03. The firm had revenue of C$6.47 billion during the quarter, compared to the consensus estimate of C$6.48 billion. BCE had a return on equity of 9.36% and a net margin of 7.88%.

BCE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 14th will be issued a dividend of $0.998 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $3.99 annualized dividend and a dividend yield of 8.69%. BCE’s payout ratio is 206.74%.

About 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.