Research Analysts Issue Forecasts for BCE Q2 Earnings

BCE, Inc. (NYSE:BCE) (TSE:BCE) – Equities researchers at National Bank Financial issued their Q2 2025 EPS estimates for shares of BCE in a research report issued on Sunday, June 29th. National Bank Financial analyst A. Shine expects that the utilities provider will post earnings of $0.53 per share for the quarter. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for BCE’s current full-year earnings is $1.94 per share. National Bank Financial also issued estimates for BCE’s FY2025 earnings at $2.07 EPS.

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

Other equities research analysts also recently issued research reports about the stock. National Bankshares reissued a “sector perform” rating on shares of BCE in a research report on Tuesday, March 11th. Scotiabank upgraded BCE from a “sector perform” rating to a “sector outperform” rating in a report on Monday, June 2nd. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $35.00 price target on shares of BCE in a research note on Wednesday, May 14th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating, one has issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, BCE currently has an average rating of “Hold” and a consensus price target of $38.67.

BCE Price Performance

NYSE BCE opened at $22.85 on Tuesday. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.61 and a current ratio of 0.64. BCE has a 52-week low of $20.28 and a 52-week high of $36.17. The business has a 50 day simple moving average of $21.91 and a 200 day simple moving average of $22.70. The stock has a market cap of $21.31 billion, a price-to-earnings ratio of 87.88, a PEG ratio of 3.75 and a beta of 0.61.

BCE Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, June 17th will be given a $0.4375 dividend. This represents a yield of 5.65%. The ex-dividend date is Monday, June 16th. BCE’s dividend payout ratio (DPR) is currently 488.46%.

Institutional Investors Weigh In On BCE

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nicola Wealth Management LTD. increased its position in shares of BCE by 28.2% in the first quarter. Nicola Wealth Management LTD. now owns 497,200 shares of the utilities provider’s stock valued at $11,416,000 after acquiring an additional 109,400 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in BCE by 64.8% during the first quarter. Geneos Wealth Management Inc. now owns 3,096 shares of the utilities provider’s stock worth $71,000 after buying an additional 1,217 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in BCE by 36.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 278,745 shares of the utilities provider’s stock worth $6,400,000 after acquiring an additional 75,053 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in BCE by 170.7% in the first quarter. Goldman Sachs Group Inc. now owns 11,679,620 shares of the utilities provider’s stock valued at $268,164,000 after acquiring an additional 7,365,253 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its position in shares of BCE by 4.0% in the 1st quarter. Advisors Asset Management Inc. now owns 29,172 shares of the utilities provider’s stock valued at $670,000 after acquiring an additional 1,134 shares during the period. 41.46% of the stock is owned by institutional investors.

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.