Research Analysts Issue Forecasts for BCE Q1 Earnings

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - Equities research analysts at Desjardins issued their Q1 2025 earnings per share estimates for BCE in a research note issued on Thursday, February 6th. Desjardins analyst J. Dubreuil forecasts that the company will post earnings per share of $0.62 for the quarter. The consensus estimate for BCE's current full-year earnings is $3.11 per share. Desjardins also issued estimates for BCE's Q2 2025 earnings at $0.72 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.70 EPS, FY2025 earnings at $2.76 EPS, FY2026 earnings at $2.92 EPS and FY2027 earnings at $3.00 EPS.

Several other equities research analysts have also recently issued reports on BCE. National Bankshares cut their target price on BCE from C$37.00 to C$35.00 and set a "sector perform" rating for the company in a research note on Friday, January 3rd. Canaccord Genuity Group raised their target price on BCE from C$33.00 to C$33.50 and gave the stock a "hold" rating in a research note on Friday, February 7th. Scotiabank cut their target price on BCE from C$42.00 to C$40.00 and set a "sector perform" rating for the company in a research note on Friday, February 7th. Barclays cut BCE from an "equal weight" rating to an "underperform" rating and cut their target price for the stock from C$41.00 to C$30.00 in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut BCE from a "neutral" rating to an "underweight" rating and cut their target price for the stock from C$35.00 to C$29.00 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 issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of C$40.42.

BCE Price Performance

Shares of TSE:BCE traded up C$0.29 during midday trading on Monday, hitting C$33.52. The company had a trading volume of 2,452,786 shares, compared to its average volume of 4,044,905. BCE has a twelve month low of C$31.43 and a twelve month high of C$51.57. The company has a debt-to-equity ratio of 226.73, a current ratio of 0.62 and a quick ratio of 0.43. The stock has a market cap of C$30.36 billion, a price-to-earnings ratio of 112.45, a price-to-earnings-growth ratio of 4.67 and a beta of 0.48. The business's 50-day simple moving average is C$34.08 and its 200-day simple moving average is C$40.94.

BCE Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were paid a dividend of $0.9975 per share. This represents a $3.99 annualized dividend and a dividend yield of 11.90%. The ex-dividend date was Monday, December 16th. BCE's dividend payout ratio (DPR) is 1,338.57%.

About BCE

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.