Research Analysts Set Expectations for BCE FY2025 Earnings

BCE Inc. (TSE:BCE) (NYSE:BCE) – Research analysts at National Bank Financial upped their FY2025 earnings per share estimates for BCE in a note issued to investors on Wednesday, October 1st. National Bank Financial analyst A. Shine now forecasts that the company will post earnings of $2.71 per share for the year, up from their previous estimate of $2.69. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

Other equities analysts have also recently issued reports about the company. Desjardins lifted their price target on BCE from C$40.00 to C$40.50 and gave the company a “buy” rating in a research report on Sunday, August 10th. National Bankshares set a C$35.00 price target on BCE and gave the company an “outperform” rating in a research report on Tuesday, August 12th. CIBC lifted their price target on BCE from C$35.00 to C$36.00 and gave the company a “neutral” rating in a research report on Friday, August 22nd. BMO Capital Markets reduced their price target on BCE from C$51.00 to C$35.00 and set a “market perform” rating for the company in a research report on Tuesday, August 5th. Finally, Scotiabank lifted their price target on BCE from C$39.50 to C$41.50 and gave the company an “outperform” rating in a research report on Monday, September 8th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, BCE presently has a consensus rating of “Hold” and an average target price of C$34.88.

BCE Price Performance

Shares of TSE BCE opened at C$32.60 on Monday. The stock has a market cap of C$30.40 billion, a PE ratio of 70.87, a price-to-earnings-growth ratio of 4.67 and a beta of 0.57. BCE has a fifty-two week low of C$28.73 and a fifty-two week high of C$46.62. The company has a debt-to-equity ratio of 226.73, a quick ratio of 0.43 and a current ratio of 0.62. The stock has a fifty day moving average of C$33.40 and a 200-day moving average of C$31.76.

BCE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 15th will be paid a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Monday, September 15th. BCE’s payout ratio is 745.65%.

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.