BCE Inc. Expected to Post FY2025 Earnings of $3.06 Per Share (TSE:BCE)

BCE Inc. (TSE:BCEFree Report) (NYSE:BCE) – Equities research analysts at National Bank Financial boosted their FY2025 EPS estimates for BCE in a report released on Wednesday, September 18th. National Bank Financial analyst A. Shine now anticipates that the company will earn $3.06 per share for the year, up from their previous forecast of $2.98. The consensus estimate for BCE’s current full-year earnings is $2.99 per share.

BCE (TSE:BCEGet Free Report) (NYSE:BCE) last announced its quarterly earnings results on Thursday, August 1st. The company reported C$0.78 EPS for the quarter, missing the consensus estimate of C$0.80 by C($0.02). BCE had a return on equity of 10.63% and a net margin of 8.75%. The company had revenue of C$6.01 billion for the quarter, compared to analyst estimates of C$6.07 billion.

BCE has been the topic of a number of other research reports. Cormark dropped their price target on BCE from C$53.00 to C$52.00 in a research note on Friday, August 2nd. BMO Capital Markets raised their target price on shares of BCE from C$48.00 to C$51.00 in a research report on Thursday, September 19th. Desjardins lifted their target price on shares of BCE from C$48.00 to C$51.00 and gave the company a “hold” rating in a report on Friday, August 2nd. National Bankshares increased their price target on shares of BCE from C$50.00 to C$52.00 in a research note on Thursday, September 19th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of BCE from C$46.00 to C$47.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$51.17.

Read Our Latest Research Report on BCE

BCE Stock Performance

Shares of BCE stock opened at C$47.24 on Monday. The stock’s 50-day moving average is C$47.02 and its two-hundred day moving average is C$46.15. The company has a debt-to-equity ratio of 197.43, a quick ratio of 0.43 and a current ratio of 0.65. BCE has a 1 year low of C$42.58 and a 1 year high of C$56.18. The firm has a market cap of C$43.10 billion, a price-to-earnings ratio of 21.97, a PEG ratio of 1.90 and a beta of 0.48.

BCE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.998 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $3.99 dividend on an annualized basis and a dividend yield of 8.45%. BCE’s dividend payout ratio (DPR) is 185.58%.

About BCE

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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.

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Earnings History and Estimates for BCE (TSE:BCE)

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