Desjardins Has Optimistic Outlook of BCE Q2 Earnings

BCE, Inc. (NYSE:BCE) (TSE:BCE) – Analysts at Desjardins boosted their Q2 2025 earnings estimates for BCE in a research note issued to investors on Tuesday, August 5th. Desjardins analyst J. Dubreuil now forecasts that the utilities provider will post earnings of $0.49 per share for the quarter, up from their previous estimate of $0.48. Desjardins currently has a “Moderate Buy” rating on the stock. The consensus estimate for BCE’s current full-year earnings is $1.94 per share. Desjardins also issued estimates for BCE’s FY2026 earnings at $2.01 EPS and FY2027 earnings at $2.04 EPS.

Other equities research analysts have also issued reports about the stock. Scotiabank raised shares of BCE from a “sector perform” rating to a “sector outperform” rating in a report on Monday, June 2nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $35.00 price target on shares of BCE in a report on Wednesday, May 14th. Finally, Cibc World Mkts lowered shares of BCE from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 3rd. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $38.67.

BCE Price Performance

Shares of BCE opened at $23.76 on Thursday. The firm has a market capitalization of $22.16 billion, a PE ratio of 91.40, a price-to-earnings-growth ratio of 3.82 and a beta of 0.62. The company has a debt-to-equity ratio of 2.40, a current ratio of 0.64 and a quick ratio of 0.61. BCE has a 1-year low of $20.28 and a 1-year high of $36.17. The company’s fifty day moving average price is $22.99 and its 200-day moving average price is $22.80.

BCE (NYSE:BCE) (TSE:BCE) last issued its quarterly earnings results on Thursday, May 8th. The utilities provider reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.04. The business had revenue of $4.12 billion for the quarter, compared to the consensus estimate of $5.92 billion. BCE had a return on equity of 19.22% and a net margin of 1.82%. The business’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 earnings per share.

Institutional Trading of BCE

Institutional investors and hedge funds have recently modified their holdings of the business. Vise Technologies Inc. purchased a new position in shares of BCE during the second quarter valued at approximately $238,000. Allworth Financial LP increased its position in shares of BCE by 340.0% in the second quarter. Allworth Financial LP now owns 2,574 shares of the utilities provider’s stock worth $57,000 after acquiring an additional 1,989 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of BCE in the second quarter worth $4,287,000. Campbell & CO Investment Adviser LLC acquired a new stake in BCE during the 2nd quarter valued at $3,181,000. Finally, Aviva PLC grew its holdings in BCE by 1.2% during the 2nd quarter. Aviva PLC now owns 60,008 shares of the utilities provider’s stock valued at $1,331,000 after purchasing an additional 705 shares in the last quarter. Hedge funds and other institutional investors own 41.46% of the company’s stock.

BCE Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, June 17th were paid a dividend of $0.4375 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a dividend yield of 565.0%. BCE’s payout ratio is 488.46%.

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.