What is Cormark’s Estimate for BCE FY2025 Earnings?

BCE Inc. (TSE:BCE) (NYSE:BCE) – Equities research analysts at Cormark increased their FY2025 earnings estimates for BCE in a report released on Tuesday, November 5th. Cormark analyst D. Mcfadgen now expects that the company will post earnings per share of $3.16 for the year, up from their previous forecast of $3.06. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

BCE has been the topic of a number of other research reports. Royal Bank of Canada dropped their price objective on BCE from C$52.00 to C$47.00 in a research report on Tuesday. TD Securities cut their price objective on shares of BCE from C$50.00 to C$43.00 in a research report on Tuesday. Barclays lowered their target price on shares of BCE from C$48.00 to C$46.00 in a research note on Wednesday, October 9th. National Bankshares cut their price target on shares of BCE from C$48.00 to C$42.00 in a report on Tuesday. Finally, Canaccord Genuity Group lowered BCE from a “buy” rating to a “hold” rating and decreased their price objective for the company from C$51.00 to C$41.00 in a report on Tuesday. Ten investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of C$47.23.

BCE Trading Up 0.4 %

Shares of TSE:BCE opened at C$40.06 on Wednesday. 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 company has a market capitalization of C$36.55 billion, a PE ratio of 18.63, a P/E/G ratio of 4.67 and a beta of 0.48. BCE has a 12-month low of C$39.43 and a 12-month high of C$56.18. The business’s fifty day simple moving average is C$46.32 and its 200-day simple moving average is C$45.95.

BCE Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were given a dividend of $0.998 per share. The ex-dividend date was Monday, September 16th. This represents a $3.99 dividend on an annualized basis and a yield of 9.97%. BCE’s dividend payout ratio is currently 185.58%.

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.