Zacks Research Issues Negative Estimate for BCE Earnings

BCE Inc. (TSE:BCE) (NYSE:BCE) – Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for shares of BCE in a research note issued on Friday, November 21st. Zacks Research analyst Team now expects that the company will post earnings per share of $0.59 for the quarter, down from their previous forecast of $0.60. The consensus estimate for BCE’s current full-year earnings is $3.11 per share. Zacks Research also issued estimates for BCE’s Q3 2026 earnings at $0.68 EPS, Q4 2026 earnings at $0.71 EPS, FY2026 earnings at $2.65 EPS, Q1 2027 earnings at $0.66 EPS and FY2027 earnings at $2.72 EPS.

Other analysts have also issued research reports about the company. BMO Capital Markets dropped their price objective on BCE from C$51.00 to C$35.00 and set a “market perform” rating on the stock in a research note on Tuesday, August 5th. Royal Bank Of Canada upgraded BCE from a “sector perform” rating to an “outperform” rating and increased their target price for the company from C$35.00 to C$47.00 in a research report on Wednesday, October 15th. Scotiabank increased their target price on shares of BCE from C$39.50 to C$41.50 and gave the company an “outperform” rating in a research report on Monday, September 8th. CIBC raised their target price on BCE from C$36.00 to C$37.00 and gave the company a “neutral” rating in a research note on Wednesday, October 15th. Finally, Desjardins increased their price objective on BCE from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$36.23.

BCE Stock Performance

TSE BCE opened at C$32.54 on Monday. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 226.73. The firm’s fifty day moving average price is C$32.56 and its two-hundred day moving average price is C$32.24. The firm has a market capitalization of C$30.00 billion, a P/E ratio of 4.89, a price-to-earnings-growth ratio of 4.67 and a beta of 0.52. BCE has a 1 year low of C$28.73 and a 1 year high of C$38.59.

BCE (TSE:BCE) (NYSE:BCE) last released its earnings results on Thursday, November 6th. The company reported C$0.79 earnings per share (EPS) for the quarter. The business had revenue of C$6.05 billion for the quarter. BCE had a return on equity of 1.39% and a net margin of 1.10%.

BCE Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, October 15th were issued a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Monday, September 15th. BCE’s dividend payout ratio is currently 43.09%.

BCE Company Profile

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.