FY2025 EPS Estimates for BCE Cut by National Bank Financial

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

Other research analysts have also recently issued research reports about the company. National Bankshares raised their target price on BCE from C$35.00 to C$36.00 and gave the company a “sector perform” rating in a research note on Tuesday. Scotiabank dropped their target price on shares of BCE from C$42.00 to C$40.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Barclays cut shares of BCE from an “equal weight” rating to an “underperform” rating and reduced their target price for the stock from C$41.00 to C$30.00 in a report on Thursday, January 30th. TD Securities raised their price objective on BCE from C$31.00 to C$33.00 and gave the stock a “hold” rating in a research note on Friday, February 7th. Finally, Royal Bank of Canada reduced their price objective on shares of BCE from C$45.00 to C$41.00 and set a “sector perform” rating for the company in a research note on Wednesday, December 18th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of C$40.50.

BCE Stock Performance

Shares of TSE BCE opened at C$35.16 on Thursday. BCE has a 1 year low of C$31.43 and a 1 year high of C$49.13. The firm has a market cap of C$31.85 billion, a P/E ratio of 117.96, a PEG ratio of 4.67 and a beta of 0.48. The stock has a fifty day moving average price of C$33.94 and a two-hundred day moving average price of C$39.07. The company has a debt-to-equity ratio of 226.73, a quick ratio of 0.43 and a current ratio of 0.62.

BCE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.9975 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $3.99 annualized dividend and a dividend yield of 11.35%. BCE’s dividend payout ratio (DPR) is 1,338.57%.

About BCE

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.