National Bank Financial Increases Earnings Estimates for BCE

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Research analysts at National Bank Financial upped their FY2026 earnings per share (EPS) estimates for BCE in a report issued on Monday, March 10th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings of $2.56 per share for the year, up from their prior forecast of $2.40. The consensus estimate for BCE's current full-year earnings is $3.11 per share.

Several other research firms have also recently commented on BCE. TD Securities upped their price target on BCE from C$31.00 to C$33.00 and gave the company a "hold" rating in a report on Friday, February 7th. JPMorgan Chase & Co. cut BCE from a "neutral" rating to an "underweight" rating and cut their price target for the company from C$35.00 to C$29.00 in a report on Friday, February 7th. Royal Bank of Canada cut their price target on BCE from C$45.00 to C$41.00 and set a "sector perform" rating for the company in a report on Wednesday, December 18th. National Bankshares upped their price objective on BCE from C$35.00 to C$36.00 and gave the company a "sector perform" rating in a research note on Tuesday. Finally, Canaccord Genuity Group upped their price objective on BCE from C$33.00 to C$33.50 and gave the company a "hold" rating in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of C$40.50.

BCE Price Performance

TSE BCE opened at C$35.78 on Wednesday. BCE has a twelve month low of C$31.43 and a twelve month high of C$49.20. The company has a debt-to-equity ratio of 226.73, a quick ratio of 0.43 and a current ratio of 0.62. The stock has a market capitalization of C$32.41 billion, a PE ratio of 120.04, a P/E/G ratio of 4.67 and a beta of 0.48. The stock has a 50-day simple moving average of C$33.88 and a 200 day simple moving average of C$39.18.

BCE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be paid a $0.9975 dividend. This represents a $3.99 annualized dividend and a dividend yield of 11.15%. The ex-dividend date of this dividend is Friday, March 14th. BCE's dividend payout ratio is 1,338.57%.

About BCE

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.

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