What is Cormark’s Forecast for BCE Q1 Earnings?

BCE Inc. (TSE:BCE) (NYSE:BCE) – Stock analysts at Cormark issued their Q1 2025 EPS estimates for shares of BCE in a research note issued to investors on Tuesday, April 22nd. Cormark analyst D. Mcfadgen forecasts that the company will post earnings per share of $0.59 for the quarter. The consensus estimate for BCE’s current full-year earnings is $3.11 per share. Cormark also issued estimates for BCE’s FY2025 earnings at $2.78 EPS and FY2026 earnings at $2.85 EPS.

Other equities analysts have also recently issued reports about the company. Scotiabank lowered their price target on BCE from C$40.00 to C$39.50 and set a “sector perform” rating on the stock in a report on Wednesday, April 16th. National Bankshares increased their target price on BCE from C$35.00 to C$36.00 and gave the company a “sector perform” rating in a report on Tuesday, March 11th. TD Securities raised their price objective on shares of BCE from C$31.00 to C$33.00 and gave the stock a “hold” rating in a report on Friday, February 7th. Barclays cut shares of BCE from an “equal weight” rating to an “underperform” rating and reduced their target price for the company from C$41.00 to C$30.00 in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their price objective on shares of BCE from C$29.00 to C$28.00 and set an “underweight” rating for the company in a research report on Thursday, April 3rd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, BCE presently has an average rating of “Hold” and an average price target of C$38.77.

BCE Stock Up 0.2 %

Shares of BCE stock opened at C$30.84 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 226.73. BCE has a twelve month low of C$28.73 and a twelve month high of C$49.13. The company has a market cap of C$27.93 billion, a price-to-earnings ratio of 103.46, a price-to-earnings-growth ratio of 4.67 and a beta of 0.48. The company’s 50 day moving average is C$32.58 and its 200 day moving average is C$35.69.

BCE Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a $0.9975 dividend. This represents a $3.99 dividend on an annualized basis and a dividend yield of 12.94%. The ex-dividend date of this dividend was Friday, March 14th. BCE’s dividend payout ratio (DPR) is 1,338.57%.

BCE Company Profile

BCE is both a wireless and internet service provider, offering wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its roughly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrierthe legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provincesOntario and Quebec.