BCE FY2025 EPS Estimate Reduced by National Bank Financial

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

A number of other equities analysts have also recently weighed in on BCE. JPMorgan Chase & Co. lowered their price target on BCE from C$47.00 to C$41.00 in a report on Friday, November 8th. National Bankshares lowered their target price on shares of BCE from C$48.00 to C$42.00 in a research note on Tuesday, November 5th. Scotiabank dropped their price target on shares of BCE from C$45.00 to C$42.00 in a research report on Tuesday, November 26th. Barclays decreased their price objective on shares of BCE from C$46.00 to C$41.00 in a report on Monday, November 11th. Finally, TD Securities lowered their price objective on shares of BCE from C$39.00 to C$37.00 and set a “hold” rating for the company in a research report on Tuesday, December 3rd. Nine equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, BCE currently has an average rating of “Hold” and an average price target of C$44.68.

BCE Stock Down 1.1 %

BCE stock opened at C$36.32 on Monday. BCE has a 52-week low of C$35.92 and a 52-week high of C$56.18. The company has a debt-to-equity ratio of 197.43, a quick ratio of 0.43 and a current ratio of 0.65. The firm has a market capitalization of C$33.13 billion, a PE ratio of 16.89, a price-to-earnings-growth ratio of 4.67 and a beta of 0.48. The stock’s fifty day simple moving average is C$41.11.

BCE Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th will be given a $0.9975 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $3.99 annualized dividend and a yield of 10.99%. BCE’s dividend payout ratio is presently 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.