BCE FY2025 EPS Estimate Lowered by National Bank Financial

BCE Inc. (TSE:BCE) (NYSE:BCE) – Equities research analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for BCE in a research report issued to clients and investors on Monday, November 4th. National Bank Financial analyst A. Shine now forecasts that the company will earn $2.90 per share for the year, down from their prior estimate of $3.02. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

Several other equities analysts also recently commented on the stock. Royal Bank of Canada lowered their price objective on shares of BCE from C$52.00 to C$47.00 in a research note on Tuesday. Cormark lowered their price target on BCE from C$53.00 to C$52.00 in a research report on Friday, August 2nd. National Bankshares cut their price objective on BCE from C$48.00 to C$42.00 in a research report on Tuesday. Desjardins boosted their target price on BCE from C$48.00 to C$51.00 and gave the company a “hold” rating in a research note on Friday, August 2nd. Finally, Scotiabank dropped their price target on BCE from C$50.50 to C$47.50 in a research note on Tuesday. Ten equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of C$47.23.

BCE Trading Up 0.4 %

TSE:BCE opened at C$40.06 on Wednesday. The firm has a market capitalization of C$36.55 billion, a P/E ratio of 18.63, a P/E/G ratio of 4.67 and a beta of 0.48. The company has a quick ratio of 0.43, a current ratio of 0.65 and a debt-to-equity ratio of 197.43. The company has a fifty day moving average of C$46.32 and a 200 day moving average of C$45.95. BCE has a 52 week low of C$39.43 and a 52 week high of C$56.18.

BCE Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were issued a dividend of $0.998 per share. The ex-dividend date was Monday, September 16th. This represents a $3.99 annualized dividend and a dividend yield of 9.97%. BCE’s payout ratio is presently 185.58%.

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.