FY2026 EPS Estimates for BCE Cut by National Bank Financial

BCE Inc. (NYSE:BCE - Free Report) TSE: BCE - National Bank Financial cut their FY2026 earnings estimates for shares of BCE in a report released on Thursday, January 2nd. National Bank Financial analyst A. Shine now expects that the utilities provider will earn $1.67 per share for the year, down from their prior estimate of $1.92. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for BCE's current full-year earnings is $2.14 per share.

BCE has been the subject of a number of other research reports. Canaccord Genuity Group reissued a "hold" rating on shares of BCE in a research note on Tuesday, November 5th. Canaccord Genuity Group downgraded BCE from a "buy" rating to a "hold" rating in a research report on Tuesday, November 5th. Morgan Stanley started coverage on shares of BCE in a report on Monday, December 16th. They issued an "underweight" rating on the stock. Edward Jones lowered shares of BCE from a "buy" rating to a "hold" rating in a report on Tuesday, November 5th. Finally, Barclays cut their price target on shares of BCE from $34.00 to $30.00 and set an "equal weight" rating on the stock in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, BCE currently has a consensus rating of "Hold" and an average target price of $45.00.

BCE Trading Up 0.5 %

BCE stock traded up $0.13 during mid-day trading on Monday, hitting $23.95. The company's stock had a trading volume of 3,677,029 shares, compared to its average volume of 3,497,393. The business has a 50 day moving average price of $26.31 and a 200-day moving average price of $31.20. BCE has a 12 month low of $22.18 and a 12 month high of $41.77. The stock has a market cap of $21.85 billion, a price-to-earnings ratio of 342.14, a price-to-earnings-growth ratio of 4.04 and a beta of 0.56. The company has a debt-to-equity ratio of 2.26, a current ratio of 0.62 and a quick ratio of 0.60.

BCE Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.737 per share. This is a positive change from BCE's previous quarterly dividend of $0.73. The ex-dividend date is Monday, December 16th. This represents a $2.95 dividend on an annualized basis and a dividend yield of 12.31%. BCE's payout ratio is presently 4,214.29%.

Institutional Trading of BCE

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Triasima Portfolio Management inc. purchased a new position in shares of BCE in the 2nd quarter valued at approximately $1,064,000. AGF Management Ltd. boosted its holdings in shares of BCE by 5,036.0% during the 2nd quarter. AGF Management Ltd. now owns 1,354,413 shares of the utilities provider's stock valued at $43,842,000 after buying an additional 1,328,042 shares in the last quarter. LPL Financial LLC grew its position in shares of BCE by 3.6% in the 2nd quarter. LPL Financial LLC now owns 1,191,208 shares of the utilities provider's stock worth $38,559,000 after buying an additional 41,655 shares during the period. Forsta AP Fonden increased its stake in shares of BCE by 3.2% in the 2nd quarter. Forsta AP Fonden now owns 145,800 shares of the utilities provider's stock worth $4,721,000 after acquiring an additional 4,500 shares in the last quarter. Finally, Vest Financial LLC lifted its position in BCE by 36.0% during the 2nd quarter. Vest Financial LLC now owns 15,349 shares of the utilities provider's stock valued at $497,000 after acquiring an additional 4,067 shares during the period. 41.46% of the stock is currently owned by hedge funds and other institutional investors.

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.