What is Scotiabank’s Estimate for BCE FY2026 Earnings?

BCE Inc. (TSE:BCE) (NYSE:BCE) – Research analysts at Scotiabank lifted their FY2026 earnings estimates for shares of BCE in a note issued to investors on Tuesday, July 15th. Scotiabank analyst M. Yaghi now forecasts that the company will post earnings of $2.76 per share for the year, up from their prior estimate of $2.67. Scotiabank has a “Strong-Buy” rating and a $39.00 price objective on the stock. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. boosted their price target on shares of BCE from C$28.00 to C$29.00 in a research report on Monday, May 12th. UBS Group cut their price target on shares of BCE from C$34.00 to C$32.00 in a research report on Wednesday, May 21st. Canaccord Genuity Group boosted their price target on shares of BCE from C$31.50 to C$32.00 and gave the stock a “hold” rating in a research report on Friday, May 9th. Royal Bank Of Canada cut their price target on shares of BCE from C$37.00 to C$35.00 and set a “sector perform” rating on the stock in a research report on Friday, May 9th. Finally, National Bank Financial raised shares of BCE from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 3rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, one has given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, BCE presently has an average rating of “Hold” and an average target price of C$36.73.

BCE Trading Down 1.9%

BCE opened at C$32.50 on Friday. The stock has a market capitalization of C$29.44 billion, a P/E ratio of 109.03, a P/E/G ratio of 4.67 and a beta of 0.48. BCE has a 12 month low of C$28.73 and a 12 month high of C$49.13. The firm’s fifty day simple moving average is C$30.69 and its 200 day simple moving average is C$31.97. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 226.73.

BCE Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were issued a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date of this dividend was Monday, June 16th. BCE’s dividend payout ratio (DPR) is presently 1,338.57%.

About BCE

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.