Q2 2025 EPS Estimates for BCE Inc. Boosted by Zacks Research (NYSE:BCE)

BCE Inc. (NYSE:BCE - Free Report) TSE: BCE - Investment analysts at Zacks Research raised their Q2 2025 EPS estimates for shares of BCE in a research report issued to clients and investors on Thursday, August 22nd. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $0.57 per share for the quarter, up from their prior forecast of $0.56. The consensus estimate for BCE's current full-year earnings is $2.22 per share.

Other research analysts also recently issued research reports about the company. Cibc World Mkts raised BCE from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 2nd. BMO Capital Markets boosted their target price on shares of BCE from $46.00 to $47.00 and gave the company a "market perform" rating in a research note on Wednesday, June 12th. Six research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $45.33.

BCE Price Performance

BCE stock traded up $0.17 during midday trading on Monday, hitting $35.14. 1,382,578 shares of the stock were exchanged, compared to its average volume of 2,257,880. The stock's 50-day moving average price is $33.31 and its 200-day moving average price is $34.06. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.57 and a current ratio of 0.61. The stock has a market cap of $32.06 billion, a price-to-earnings ratio of 24.40, a PEG ratio of 5.62 and a beta of 0.57. BCE has a fifty-two week low of $31.13 and a fifty-two week high of $42.96.

BCE (NYSE:BCE - Get Free Report) TSE: BCE last issued its earnings results on Thursday, August 1st. The utilities provider reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.19. BCE had a net margin of 8.39% and a return on equity of 16.88%. The company had revenue of $4.39 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same period in the prior year, the business posted $0.59 earnings per share.

Institutional Investors Weigh In On BCE

Large investors have recently modified their holdings of the stock. Maryland State Retirement & Pension System raised its holdings in shares of BCE by 0.9% during the fourth quarter. Maryland State Retirement & Pension System now owns 31,420 shares of the utilities provider's stock worth $1,238,000 after purchasing an additional 274 shares during the period. Cape Investment Advisory Inc. increased its position in BCE by 84.1% in the fourth quarter. Cape Investment Advisory Inc. now owns 659 shares of the utilities provider's stock worth $26,000 after buying an additional 301 shares during the period. Financial Advocates Investment Management boosted its holdings in shares of BCE by 3.6% during the fourth quarter. Financial Advocates Investment Management now owns 9,920 shares of the utilities provider's stock valued at $391,000 after acquiring an additional 345 shares during the period. AE Wealth Management LLC lifted its position in BCE by 2.6% in the 2nd quarter. AE Wealth Management LLC now owns 14,383 shares of the utilities provider's stock valued at $466,000 after purchasing an additional 367 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its stake in BCE by 6.8% during the 1st quarter. Valeo Financial Advisors LLC now owns 6,727 shares of the utilities provider's stock valued at $222,000 after purchasing an additional 426 shares during the period. Institutional investors and hedge funds own 41.46% of the company's stock.

BCE Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 16th will be issued a $0.729 dividend. The ex-dividend date is Monday, September 16th. This represents a $2.92 annualized dividend and a yield of 8.30%. BCE's dividend payout ratio is currently 200.69%.

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.