BCE Inc. (TSE:BCE – Free Report) (NYSE:BCE) – Investment analysts at Scotiabank decreased their FY2026 earnings estimates for BCE in a research note issued to investors on Thursday, September 17th. Scotiabank analyst M. Yaghi now expects that the company will post earnings per share of $2.61 for the year, down from their prior estimate of $2.63. Scotiabank has a “Sector Outperform” rating and a $39.00 price target on the stock. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.
Several other equities research analysts also recently commented on the company. Royal Bank Of Canada reduced their target price on BCE from C$39.00 to C$36.00 and set an “outperform” rating for the company in a report on Friday, July 10th. Morgan Stanley upgraded BCE from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from C$31.00 to C$35.00 in a report on Tuesday, July 21st. TD upped their price objective on shares of BCE from C$37.00 to C$40.00 and gave the company a “buy” rating in a research note on Tuesday, September 15th. Raymond James Financial set a C$37.00 target price on shares of BCE and gave the stock a “market perform” rating in a report on Thursday, July 16th. Finally, Scotia lifted their target price on shares of BCE from C$39.00 to C$40.00 and gave the stock a “sector outperform” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$37.69.
BCE Stock Performance
Shares of TSE BCE opened at C$30.57 on Monday. The company has a quick ratio of 0.43, a current ratio of 0.73 and a debt-to-equity ratio of 175.06. The stock has a market capitalization of C$28.51 billion, a price-to-earnings ratio of 4.54, a PEG ratio of 4.67 and a beta of 0.37. The stock’s fifty day simple moving average is C$31.69 and its 200 day simple moving average is C$32.77. BCE has a 52-week low of C$29.66 and a 52-week high of C$36.25.
BCE (TSE:BCE – Get Free Report) (NYSE:BCE) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$0.65 earnings per share (EPS) for the quarter. The company had revenue of C$6.18 billion for the quarter. BCE had a return on equity of 27.73% and a net margin of 25.89%.
Insider Activity at BCE
In other BCE news, Director Louis Vachon purchased 10,000 shares of the company’s stock in a transaction dated Friday, September 18th. The shares were bought at an average price of C$30.63 per share, for a total transaction of C$306,300.00. Following the purchase, the director directly owned 100,000 shares in the company, valued at C$3,063,000. This trade represents a 11.11% increase in their position. 0.02% of the stock is currently owned by company insiders.
BCE Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th will be given a $0.4375 dividend. This represents a $1.75 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, September 15th. BCE’s payout ratio is currently 25.96%.
BCE Company Profile
Bell Media is Canada’s leading media and entertainment company with a portfolio of assets in premium video, audio, out-of-home advertising, and digital media. This includes Canada’s most-watched television network, CTV; the largest Canadian-owned video streamer, Crave, with a premium add-on to include STARZ; a powerful suite of specialty channels; the most-trusted news brand, CTV News; Canada’s cross-platform sports leaders, TSN and RDS; leading out-of-home advertising network, Astral; Québec’s fast-growing conventional French-language network, Noovo; the country’s leading radio and podcast app, iHeartRadio Canada; and a range of award-winning original productions, brands, and services.
Featured Stories
- Five stocks we like better than BCE
- Meta’s Muse Highlights Arm’s Growing Role in AI Infrastructure
- Oura’s $15.6 Billion IPO Is Betting Investors See More Than a Smart Ring
- AMD Chips Away at NVIDIA’s AI Throne
- Is the Fed Playing Chess With Rates—Or Just Behind the Curve Again?
Receive News & Ratings for BCE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BCE and related companies with MarketBeat.com's FREE daily email newsletter.
