FY2025 EPS Estimates for BCE Cut by National Bank Financial

BCE Inc. (TSE:BCE) (NYSE:BCE) – Equities researchers at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for BCE in a research note issued to investors on Thursday, December 12th. National Bank Financial analyst A. Shine now forecasts that the company will earn $2.57 per share for the year, down from their previous forecast of $2.63. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

Several other equities research analysts have also weighed in on the company. JPMorgan Chase & Co. cut their target price on BCE from C$47.00 to C$41.00 in a research report on Friday, November 8th. TD Securities cut their price objective on shares of BCE from C$39.00 to C$37.00 and set a “hold” rating on the stock in a report on Tuesday, December 3rd. Canaccord Genuity Group reduced their price objective on shares of BCE from C$41.00 to C$37.50 in a research report on Friday, November 8th. Royal Bank of Canada dropped their target price on shares of BCE from C$47.00 to C$45.00 in a research report on Monday, November 11th. Finally, Barclays reduced their price target on shares of BCE from C$46.00 to C$41.00 in a research report on Monday, November 11th. Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, BCE currently has a consensus rating of “Hold” and an average target price of C$44.68.

BCE Price Performance

Shares of TSE BCE opened at C$36.32 on Monday. The business’s 50-day simple moving average is C$41.11. The stock has a market cap of C$33.13 billion, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 4.67 and a beta of 0.48. BCE has a 1 year low of C$35.92 and a 1 year high of C$56.18. The company has a debt-to-equity ratio of 197.43, a current ratio of 0.65 and a quick ratio of 0.43.

BCE Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th will be given a $0.9975 dividend. The ex-dividend date is Monday, December 16th. This represents a $3.99 annualized dividend and a yield of 10.99%. BCE’s dividend payout ratio (DPR) 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.