Analysts Set Expectations for BCE’s Q3 Earnings (NYSE:BCE)

BCE, Inc. (NYSE:BCE) (TSE:BCE) – Analysts at Cormark issued their Q3 2025 earnings per share (EPS) estimates for BCE in a research report issued on Wednesday, October 29th. Cormark analyst D. Mcfadgen anticipates that the utilities provider will post earnings per share of $0.56 for the quarter. The consensus estimate for BCE’s current full-year earnings is $1.94 per share.

BCE (NYSE:BCE) (TSE:BCE) last announced its earnings results on Thursday, August 7th. The utilities provider reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.06). The firm had revenue of $4.47 billion for the quarter, compared to the consensus estimate of $5.91 billion. BCE had a return on equity of 18.89% and a net margin of 1.96%.BCE’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter last year, the business posted $0.78 EPS. BCE has set its FY 2025 guidance at 1.910-1.980 EPS.

A number of other brokerages also recently issued reports on BCE. Desjardins raised BCE from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, August 5th. National Bankshares reissued an “outperform” rating on shares of BCE in a research report on Friday, August 15th. CIBC reissued a “neutral” rating on shares of BCE in a research report on Friday, August 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of BCE in a research report on Wednesday, October 8th. Finally, TD Securities raised BCE from a “hold” rating to a “buy” rating in a research report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $33.50.

BCE Trading Down 1.6%

Shares of NYSE:BCE opened at $23.12 on Thursday. The company has a market capitalization of $21.56 billion, a P/E ratio of 79.71, a P/E/G ratio of 4.00 and a beta of 0.63. BCE has a 1 year low of $20.28 and a 1 year high of $32.48. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.61 and a quick ratio of 0.57. The business’s 50 day simple moving average is $23.87 and its 200 day simple moving average is $23.15.

BCE Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th were issued a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend was Monday, September 15th. BCE’s dividend payout ratio (DPR) is currently 437.93%.

Institutional Investors Weigh In On BCE

A number of large investors have recently modified their holdings of BCE. Sequoia Financial Advisors LLC lifted its stake in shares of BCE by 43.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 13,326 shares of the utilities provider’s stock valued at $306,000 after acquiring an additional 4,038 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of BCE by 95.0% in the 1st quarter. Principal Financial Group Inc. now owns 43,100 shares of the utilities provider’s stock valued at $989,000 after acquiring an additional 21,000 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of BCE by 5.5% in the 1st quarter. D.A. Davidson & CO. now owns 25,152 shares of the utilities provider’s stock valued at $577,000 after acquiring an additional 1,317 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of BCE by 4.9% in the 1st quarter. Bank of New York Mellon Corp now owns 105,921 shares of the utilities provider’s stock valued at $2,432,000 after acquiring an additional 4,947 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in BCE by 11.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 966,214 shares of the utilities provider’s stock worth $22,184,000 after purchasing an additional 100,122 shares during the last quarter. 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.