What is Cormark’s Estimate for BCE Q1 Earnings?

BCE Inc. (NYSE:BCE) (TSE:BCE) – Stock analysts at Cormark issued their Q1 2025 EPS estimates for BCE in a research report issued on Tuesday, April 22nd. Cormark analyst D. Mcfadgen anticipates that the utilities provider will post earnings of $0.42 per share for the quarter. The consensus estimate for BCE’s current full-year earnings is $1.94 per share. Cormark also issued estimates for BCE’s FY2026 earnings at $2.05 EPS.

A number of other analysts have also recently issued reports on the company. JPMorgan Chase & Co. cut BCE from a “neutral” rating to an “underweight” rating in a research report on Friday, February 7th. Barclays reissued an “underweight” rating on shares of BCE in a report on Tuesday, January 21st. National Bank Financial raised shares of BCE from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 3rd. Bank of America cut shares of BCE from a “neutral” rating to an “underperform” rating in a research note on Tuesday, January 14th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $39.00 price objective on shares of BCE in a research note on Tuesday, February 25th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $40.00.

BCE Stock Performance

NYSE BCE opened at $22.22 on Wednesday. The company has a fifty day moving average of $22.89 and a two-hundred day moving average of $25.32. The company has a debt-to-equity ratio of 2.26, a current ratio of 0.62 and a quick ratio of 0.60. BCE has a 1 year low of $20.28 and a 1 year high of $36.17. The company has a market capitalization of $20.48 billion, a PE ratio of 185.13, a P/E/G ratio of 4.13 and a beta of 0.56.

BCE (NYSE:BCE) (TSE:BCE) last released its quarterly earnings data on Thursday, February 6th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.03. BCE had a return on equity of 17.89% and a net margin of 0.99%.

BCE Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were paid a dividend of $0.6965 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $2.79 dividend on an annualized basis and a dividend yield of 12.54%. BCE’s dividend payout ratio (DPR) is 2,291.67%.

Institutional Investors Weigh In On BCE

A number of hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of BCE by 25.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,657,533 shares of the utilities provider’s stock valued at $127,282,000 after buying an additional 738,656 shares during the period. Barclays PLC lifted its holdings in BCE by 78.5% in the third quarter. Barclays PLC now owns 120,462 shares of the utilities provider’s stock valued at $4,192,000 after acquiring an additional 52,966 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of BCE during the 4th quarter worth $9,522,000. Tobam grew its stake in shares of BCE by 198.0% during the 4th quarter. Tobam now owns 71,971 shares of the utilities provider’s stock worth $1,668,000 after purchasing an additional 47,816 shares during the period. Finally, SG Americas Securities LLC purchased a new position in shares of BCE in the 4th quarter valued at about $17,271,000. Institutional investors and hedge funds own 41.46% of the company’s stock.

BCE Company Profile

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.