Research Analysts Offer Predictions for BCE FY2025 Earnings

BCE Inc. (TSE:BCE) (NYSE:BCE) – Research analysts at National Bank Financial lowered their FY2025 earnings per share (EPS) estimates for BCE in a note issued to investors on Monday, March 10th. National Bank Financial analyst A. Shine now expects that the company will post earnings per share of $2.70 for the year, down from their prior forecast of $2.71. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

BCE has been the subject of several other research reports. JPMorgan Chase & Co. cut BCE from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from C$35.00 to C$29.00 in a research note on Friday, February 7th. Scotiabank reduced their price objective on BCE from C$42.00 to C$40.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Barclays cut BCE from an “equal weight” rating to an “underperform” rating and reduced their price objective for the company from C$41.00 to C$30.00 in a research note on Thursday, January 30th. National Bankshares raised their price objective on BCE from C$35.00 to C$36.00 and gave the company a “sector perform” rating in a research note on Tuesday. Finally, TD Securities raised their price objective on BCE from C$31.00 to C$33.00 and gave the company a “hold” rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of C$40.50.

BCE Trading Down 2.1 %

TSE BCE opened at C$35.04 on Thursday. The business has a 50 day simple moving average of C$33.91 and a 200 day simple moving average of C$39.15. BCE has a one year low of C$31.43 and a one year high of C$49.13. The stock has a market capitalization of C$31.74 billion, a P/E ratio of 117.55, a P/E/G ratio of 4.67 and a beta of 0.48. The company has a debt-to-equity ratio of 226.73, a current ratio of 0.62 and a quick ratio of 0.43.

BCE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be issued a dividend of $0.9975 per share. The ex-dividend date is Friday, March 14th. This represents a $3.99 dividend on an annualized basis and a yield of 11.39%. BCE’s dividend payout ratio (DPR) 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.