BCE FY2025 EPS Forecast Decreased by National Bank Financial

BCE Inc. (TSE:BCE) (NYSE:BCE) – Analysts at National Bank Financial decreased their FY2025 earnings estimates for shares of BCE in a report issued on Monday, March 10th. National Bank Financial analyst A. Shine now expects that the company will post earnings per share of $2.70 for the year, down from their previous estimate of $2.71. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

Several other brokerages have also recently commented on BCE. Royal Bank of Canada decreased their target price on shares of 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. Canaccord Genuity Group raised their target price on shares of BCE from C$33.00 to C$33.50 and gave the stock a “hold” rating in a report on Friday, February 7th. TD Securities raised their target price on shares of BCE from C$31.00 to C$33.00 and gave the stock a “hold” rating in a report on Friday, February 7th. Barclays cut shares of BCE from an “equal weight” rating to an “underperform” rating and decreased their target price for the stock from C$41.00 to C$30.00 in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut shares of BCE from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from C$35.00 to C$29.00 in a report on Friday, February 7th. Two investment 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 data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of C$40.50.

BCE Stock Performance

Shares of BCE opened at C$33.70 on Thursday. BCE has a one year low of C$31.43 and a one year high of C$49.13. The company has a 50-day moving average of C$33.93 and a two-hundred day moving average of C$38.98. The stock has a market cap of C$30.52 billion, a price-to-earnings ratio of 113.06, a PEG ratio of 4.67 and a beta of 0.48. The company has a debt-to-equity ratio of 226.73, a current ratio of 0.62 and a quick ratio of 0.43.

BCE Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be given a dividend of $0.9975 per share. This represents a $3.99 annualized dividend and a yield of 11.84%. The ex-dividend date of this dividend is Friday, March 14th. BCE’s payout ratio is presently 1,338.57%.

BCE Company Profile

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.