Cormark Weighs in on BCE’s Q2 Earnings (TSE:BCE)

BCE Inc. (TSE:BCE) (NYSE:BCE) – Research analysts at Cormark issued their Q2 2025 earnings per share estimates for BCE in a report released on Wednesday, July 23rd. Cormark analyst D. Mcfadgen expects that the company will post earnings of $0.67 per share for the quarter. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

A number of other research firms have also recently commented on BCE. National Bankshares set a C$35.00 price objective on shares of BCE and gave the company an “outperform” rating in a research report on Friday, June 6th. National Bank Financial raised shares of BCE from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 3rd. Royal Bank Of Canada reduced their target price on shares of BCE from C$37.00 to C$35.00 and set a “sector perform” rating for the company in a research note on Friday, May 9th. Scotiabank raised shares of BCE from a “hold” rating to a “strong-buy” rating and set a C$39.00 target price for the company in a research note on Monday, June 2nd. Finally, Desjardins upped their target price on shares of BCE from C$36.00 to C$39.00 and gave the stock a “hold” rating in a research note on Friday, May 9th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, one has issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, BCE has an average rating of “Hold” and a consensus target price of C$36.73.

BCE Stock Up 0.8%

Shares of BCE opened at C$33.42 on Thursday. The business’s 50 day simple moving average is C$30.84 and its 200-day simple moving average is C$31.97. BCE has a one year low of C$28.73 and a one year high of C$49.13. The company has a debt-to-equity ratio of 226.73, a current ratio of 0.62 and a quick ratio of 0.43. The company has a market capitalization of C$30.27 billion, a P/E ratio of 112.12, a PEG ratio of 4.67 and a beta of 0.48.

BCE Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were given a dividend of $0.4375 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $1.75 annualized dividend and a yield of 5.24%. BCE’s payout ratio is currently 1,338.57%.

About BCE

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.