BCE Inc. to Post FY2025 Earnings of $3.08 Per Share, National Bank Financial Forecasts (TSE:BCE)

BCE Inc. (TSE:BCE) (NYSE:BCE) – Equities research analysts at National Bank Financial lowered their FY2025 EPS estimates for BCE in a research note issued to investors on Thursday, May 2nd. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $3.08 for the year, down from their previous forecast of $3.11. The consensus estimate for BCE’s current full-year earnings is $3.03 per share.

BCE (TSE:BCE) (NYSE:BCE) last released its quarterly earnings results on Thursday, February 8th. The company reported C$0.76 earnings per share for the quarter, topping the consensus estimate of C$0.73 by C$0.03. BCE had a return on equity of 9.36% and a net margin of 7.88%. The business had revenue of C$6.47 billion during the quarter, compared to analysts’ expectations of C$6.48 billion.

A number of other equities analysts have also commented on BCE. Scotiabank lowered their price target on shares of BCE from C$53.25 to C$53.00 and set a “sector perform” rating on the stock in a research report on Friday, May 3rd. Royal Bank of Canada dropped their price target on shares of BCE from C$57.00 to C$54.00 and set a “sector perform” rating for the company in a research report on Wednesday, April 10th. Canaccord Genuity Group reduced their price target on BCE from C$57.00 to C$55.00 and set a “buy” rating on the stock in a research report on Friday, February 9th. JPMorgan Chase & Co. lowered their price objective on BCE from C$54.00 to C$47.00 in a research note on Wednesday, April 3rd. Finally, TD Securities cut their target price on BCE from C$48.00 to C$47.00 and set a “hold” rating for the company in a research report on Friday, May 3rd. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of C$52.15.

BCE Stock Up 0.1 %

BCE opened at C$45.91 on Monday. The stock has a fifty day moving average of C$46.24 and a 200-day moving average of C$50.74. The company has a market capitalization of C$41.88 billion, a P/E ratio of 23.79, a P/E/G ratio of 1.90 and a beta of 0.44. BCE has a fifty-two week low of C$43.96 and a fifty-two week high of C$64.48. The company has a debt-to-equity ratio of 184.91, a quick ratio of 0.43 and a current ratio of 0.61.

BCE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.998 per share. The ex-dividend date is Thursday, June 13th. This represents a $3.99 dividend on an annualized basis and a dividend yield of 8.70%. BCE’s payout ratio is presently 206.74%.

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.