BCE FY2025 EPS Forecast Raised by National Bank Financial

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Investment analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for BCE in a research note issued on Wednesday, March 26th. National Bank Financial analyst A. Shine now expects that the company will earn $2.78 per share for the year, up from their previous forecast of $2.70. The consensus estimate for BCE's current full-year earnings is $3.11 per share.

Other research analysts have also issued research reports about the stock. Royal Bank of Canada cut 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 report on Wednesday, December 18th. Barclays lowered BCE from an "equal weight" rating to an "underperform" rating and reduced their price objective for the stock from C$41.00 to C$30.00 in a research note on Thursday, January 30th. TD Securities increased their price target on shares of BCE from C$31.00 to C$33.00 and gave the company a "hold" rating in a research note on Friday, February 7th. Canaccord Genuity Group boosted their price objective on BCE from C$33.00 to C$33.50 and gave the stock a "hold" rating in a report on Friday, February 7th. Finally, Scotiabank dropped their price objective on BCE from C$42.00 to C$40.00 and set a "sector perform" rating for the company in a report on Friday, February 7th. Two equities 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's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of C$40.42.

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BCE Stock Up 2.2 %

BCE traded up C$0.68 during trading on Monday, reaching C$31.92. 4,851,684 shares of the stock traded hands, compared to its average volume of 3,866,020. The stock has a market cap of C$28.91 billion, a price-to-earnings ratio of 107.09, a price-to-earnings-growth ratio of 4.67 and a beta of 0.48. The stock's 50-day simple moving average is C$33.74 and its two-hundred day simple moving average is C$37.51. BCE has a fifty-two week low of C$30.71 and a fifty-two week high of C$49.13. The company has a debt-to-equity ratio of 226.73, a current ratio of 0.62 and a quick ratio of 0.43.

BCE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be issued a dividend of $0.9975 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $3.99 dividend on an annualized basis and a yield of 12.50%. BCE's payout ratio is 1,338.57%.

BCE Company Profile

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.