BCE FY2025 EPS Estimate Reduced by National Bank Financial

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Equities researchers at National Bank Financial lowered their FY2025 earnings per share estimates for shares of BCE in a research report issued on Monday, November 4th. National Bank Financial analyst A. Shine now forecasts that the company will earn $2.90 per share for the year, down from their prior estimate of $3.02. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for BCE's current full-year earnings is $3.11 per share.

A number of other equities analysts have also recently commented on the company. Cormark lowered their target price on BCE from C$53.00 to C$52.00 in a report on Friday, August 2nd. Barclays lowered their target price on BCE from C$48.00 to C$46.00 in a report on Wednesday, October 9th. JPMorgan Chase & Co. raised their target price on BCE from C$46.00 to C$47.00 and gave the company a "neutral" rating in a report on Friday, August 2nd. TD Securities lowered their target price on BCE from C$50.00 to C$43.00 in a report on Tuesday. Finally, BMO Capital Markets raised their target price on BCE from C$48.00 to C$51.00 in a report on Thursday, September 19th. Ten analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, BCE presently has an average rating of "Hold" and an average target price of C$47.23.

BCE Trading Up 0.4 %

Shares of TSE BCE traded up C$0.14 during mid-day trading on Wednesday, reaching C$40.06. 6,799,752 shares of the company's stock were exchanged, compared to its average volume of 3,038,167. The company's 50-day moving average is C$46.32 and its 200-day moving average is C$45.95. BCE has a 52-week low of C$39.43 and a 52-week high of C$56.18. The firm has a market capitalization of C$36.55 billion, a price-to-earnings ratio of 18.63, a PEG ratio of 4.67 and a beta of 0.48. The company has a debt-to-equity ratio of 197.43, a quick ratio of 0.43 and a current ratio of 0.65.

BCE Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were paid a $0.998 dividend. This represents a $3.99 annualized dividend and a dividend yield of 9.97%. The ex-dividend date of this dividend was Monday, September 16th. BCE's payout ratio is presently 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.