Analysts Issue Forecasts for BCE’s FY2026 Earnings (TSE:BCE)

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

A number of other research firms also recently issued reports on BCE. Canaccord Genuity Group lifted their price target on shares of BCE from C$31.50 to C$32.00 and gave the company a “hold” rating in a research report on Friday, May 9th. UBS Group reduced their price target on shares of BCE from C$34.00 to C$32.00 in a research report on Wednesday, May 21st. Desjardins lifted their price target on shares of BCE from C$36.00 to C$39.00 and gave the company a “hold” rating in a research report on Friday, May 9th. National Bank Financial upgraded BCE from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 3rd. Finally, Royal Bank Of Canada cut their price objective on 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. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$36.73.

BCE Price Performance

BCE stock opened at C$32.50 on Friday. The firm has a 50 day moving average of C$30.69 and a 200-day moving average of C$31.98. BCE has a 12-month low of C$28.73 and a 12-month high of C$49.13. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 226.73. The company has a market cap of C$29.44 billion, a price-to-earnings ratio of 109.03, a PEG ratio of 4.67 and a beta of 0.48.

BCE Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders 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 annualized dividend and a yield of 5.38%. BCE’s payout ratio is currently 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.