FY2025 Earnings Forecast for BCE Inc. (TSE:BCE) Issued By National Bank Financial

BCE Inc. (TSE:BCE) (NYSE:BCE) – Equities researchers at National Bank Financial decreased their FY2025 earnings per share estimates for shares of BCE in a research note issued to investors on Thursday, May 2nd. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $3.08 for the year, down from their prior estimate of $3.11. The consensus estimate for BCE’s current full-year earnings is $3.03 per share.

BCE (TSE:BCE) (NYSE:BCE) last announced its quarterly earnings results on Thursday, February 8th. The company reported C$0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.73 by C$0.03. The company had revenue of C$6.47 billion for the quarter, compared to analyst estimates of C$6.48 billion. BCE had a net margin of 7.88% and a return on equity of 9.36%.

A number of other analysts also recently weighed in on BCE. National Bankshares decreased their price objective on BCE from C$55.00 to C$53.00 and set an “outperform” rating for the company in a report on Monday, March 25th. BMO Capital Markets lowered BCE from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from C$54.00 to C$46.00 in a research note on Tuesday, April 2nd. Canaccord Genuity Group decreased their target price on shares of BCE from C$57.00 to C$55.00 and set a “buy” rating for the company in a research report on Friday, February 9th. Royal Bank of Canada dropped their price target on shares of BCE from C$57.00 to C$54.00 and set a “sector perform” rating on the stock in a research report on Wednesday, April 10th. Finally, CIBC raised shares of BCE from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 23rd. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of C$52.15.

BCE Stock Performance

Shares of BCE stock opened at C$45.86 on Monday. The business’s 50-day moving average price is C$46.34 and its 200-day moving average price is C$50.78. BCE has a 12 month low of C$43.96 and a 12 month high of C$64.48. The company has a current ratio of 0.61, a quick ratio of 0.43 and a debt-to-equity ratio of 184.91. The firm has a market capitalization of C$41.84 billion, a price-to-earnings ratio of 23.76, a PEG ratio of 1.90 and a beta of 0.44.

BCE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be given a dividend of $0.998 per share. The ex-dividend date is Thursday, June 13th. This represents a $3.99 annualized dividend and a yield of 8.70%. BCE’s payout ratio is presently 206.74%.

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.