FY2025 EPS Estimates for BCE Inc. (TSE:BCE) Increased by National Bank Financial

BCE Inc. (TSE:BCE) (NYSE:BCE) – Stock analysts at National Bank Financial increased their FY2025 earnings per share estimates for shares of BCE in a report released on Wednesday, September 18th. National Bank Financial analyst A. Shine now anticipates that the company will earn $3.06 per share for the year, up from their previous forecast of $2.98. The consensus estimate for BCE’s current full-year earnings is $2.99 per share.

A number of other brokerages have also recently issued reports on BCE. Cormark decreased their price objective on shares of BCE from C$53.00 to C$52.00 in a report on Friday, August 2nd. Canaccord Genuity Group upped their price target on BCE from C$50.00 to C$52.00 in a research note on Thursday. BMO Capital Markets raised their price objective on BCE from C$48.00 to C$51.00 in a research note on Thursday. JPMorgan Chase & Co. boosted their target price on BCE from C$46.00 to C$47.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. Finally, National Bankshares increased their price target on BCE from C$50.00 to C$52.00 in a report on Thursday. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$51.17.

BCE Stock Performance

BCE stock opened at C$47.56 on Monday. The firm has a 50 day moving average of C$46.95 and a two-hundred day moving average of C$46.16. BCE has a 12 month low of C$42.58 and a 12 month high of C$56.18. The company has a market capitalization of C$43.39 billion, a price-to-earnings ratio of 22.12, a P/E/G ratio of 1.90 and a beta of 0.48. The company has a quick ratio of 0.43, a current ratio of 0.65 and a debt-to-equity ratio of 197.43.

BCE (TSE:BCE) (NYSE:BCE) last announced its quarterly earnings results on Thursday, August 1st. The company reported C$0.78 EPS for the quarter, missing the consensus estimate of C$0.80 by C($0.02). The firm had revenue of C$6.01 billion during the quarter, compared to the consensus estimate of C$6.07 billion. BCE had a net margin of 8.75% and a return on equity of 10.63%.

BCE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th will be paid a $0.998 dividend. The ex-dividend date of this dividend is Monday, September 16th. This represents a $3.99 annualized dividend and a dividend yield of 8.39%. BCE’s payout ratio is 185.58%.

BCE Company Profile

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.