BCE FY2025 EPS Forecast Reduced by National Bank Financial

BCE Inc. (TSE:BCE) (NYSE:BCE) – Research analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for BCE in a report issued on Thursday, December 12th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings of $2.57 per share for the year, down from their prior forecast of $2.63. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

BCE has been the subject of a number of other reports. Canaccord Genuity Group lowered their price objective on BCE from C$41.00 to C$37.50 in a research note on Friday, November 8th. National Bankshares lowered their price target on shares of BCE from C$48.00 to C$42.00 in a research report on Tuesday, November 5th. Royal Bank of Canada cut their price objective on shares of BCE from C$47.00 to C$45.00 in a research report on Monday, November 11th. JPMorgan Chase & Co. decreased their target price on shares of BCE from C$47.00 to C$41.00 in a research report on Friday, November 8th. Finally, Barclays cut their price target on BCE from C$46.00 to C$41.00 in a report on Monday, November 11th. Nine analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of C$44.68.

BCE Stock Down 0.8 %

TSE:BCE opened at C$33.79 on Monday. The firm has a market capitalization of C$30.83 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 4.67 and a beta of 0.48. BCE has a 52 week low of C$33.44 and a 52 week high of C$56.18. The company has a current ratio of 0.65, a quick ratio of 0.43 and a debt-to-equity ratio of 197.43. The stock has a 50 day moving average of C$40.63 and a 200-day moving average of C$44.28.

BCE Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th will be paid a $0.9975 dividend. This represents a $3.99 dividend on an annualized basis and a dividend yield of 11.81%. The ex-dividend date is Monday, December 16th. BCE’s dividend payout ratio is presently 185.58%.

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.