Desjardins Issues Negative Forecast for BCE Earnings

BCE Inc. (TSE:BCE) (NYSE:BCE) – Stock analysts at Desjardins cut their Q3 2025 EPS estimates for shares of BCE in a research note issued to investors on Tuesday, August 5th. Desjardins analyst J. Dubreuil now forecasts that the company will post earnings per share of $0.65 for the quarter, down from their prior forecast of $0.68. Desjardins currently has a “Moderate Buy” rating and a $40.00 target price on the stock. The consensus estimate for BCE’s current full-year earnings is $3.11 per share. Desjardins also issued estimates for BCE’s Q4 2025 earnings at $0.62 EPS, FY2025 earnings at $2.62 EPS and FY2026 earnings at $2.76 EPS.

Other analysts have also recently issued research reports about the company. UBS Group reduced their price objective on BCE from C$34.00 to C$32.00 in a research report on Wednesday, May 21st. Cibc World Mkts lowered shares of BCE from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 3rd. JPMorgan Chase & Co. increased their price objective on shares of BCE from C$28.00 to C$29.00 in a research note on Monday, May 12th. Royal Bank Of Canada cut their target price on shares of BCE from C$37.00 to C$35.00 and set a “sector perform” rating for the company in a research report on Friday, May 9th. Finally, BMO Capital Markets decreased their price target on shares of BCE from C$51.00 to C$35.00 and set a “market perform” rating on the stock in a research report on Tuesday. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of C$34.21.

BCE Trading Down 1.4%

TSE:BCE opened at C$32.00 on Wednesday. The company has a 50 day simple moving average of C$31.40 and a two-hundred day simple moving average of C$31.92. The company has a market cap of C$28.99 billion, a PE ratio of 107.35, a price-to-earnings-growth ratio of 4.67 and a beta of 0.48. 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 has a 12 month low of C$28.73 and a 12 month high of C$49.13.

BCE Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were paid a $0.4375 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 5.5%. BCE’s dividend payout ratio is 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.