Q1 Earnings Forecast for BCE Issued By Desjardins

BCE Inc. (NYSE:BCE) (TSE:BCE) – Analysts at Desjardins issued their Q1 2025 EPS estimates for shares of BCE in a research note issued to investors on Thursday, February 6th. Desjardins analyst J. Dubreuil anticipates that the utilities provider will earn $0.43 per share for the quarter. The consensus estimate for BCE’s current full-year earnings is $2.00 per share. Desjardins also issued estimates for BCE’s Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.51 EPS, Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $1.93 EPS, FY2026 earnings at $2.04 EPS and FY2027 earnings at $2.10 EPS.

BCE (NYSE:BCE) (TSE:BCE) last issued its quarterly earnings results on Thursday, February 6th. The utilities provider reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.03. BCE had a return on equity of 17.89% and a net margin of 0.99%.

A number of other research analysts also recently commented on BCE. Edward Jones downgraded shares of BCE from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Bank of America lowered BCE from a “neutral” rating to an “underperform” rating in a research report on Tuesday, January 14th. Canaccord Genuity Group reiterated a “hold” rating on shares of BCE in a research note on Tuesday, November 5th. JPMorgan Chase & Co. cut BCE from a “neutral” rating to an “underweight” rating in a research note on Friday. Finally, Barclays reissued an “underweight” rating on shares of BCE in a report on Tuesday, January 21st. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $40.50.

BCE Stock Up 1.7 %

BCE stock opened at $22.52 on Monday. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 2.26. The firm has a 50 day simple moving average of $24.01 and a 200-day simple moving average of $29.69. The company has a market capitalization of $20.54 billion, a P/E ratio of 187.63, a PEG ratio of 3.91 and a beta of 0.57. BCE has a twelve month low of $21.87 and a twelve month high of $38.21.

BCE Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 14th will be paid a dividend of $0.6965 per share. This represents a $2.79 dividend on an annualized basis and a dividend yield of 12.37%. The ex-dividend date of this dividend is Friday, March 14th. BCE’s dividend payout ratio is currently 2,350.00%.

Institutional Investors Weigh In On BCE

A number of institutional investors have recently added to or reduced their stakes in BCE. National Bank of Canada FI lifted its holdings in shares of BCE by 4.8% in the third quarter. National Bank of Canada FI now owns 18,873,961 shares of the utilities provider’s stock valued at $656,421,000 after buying an additional 864,472 shares during the period. JPMorgan Chase & Co. lifted its holdings in BCE by 25.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,657,533 shares of the utilities provider’s stock valued at $127,282,000 after acquiring an additional 738,656 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of BCE by 48.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,563,534 shares of the utilities provider’s stock valued at $123,877,000 after purchasing an additional 1,166,800 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in shares of BCE by 130.1% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 293,427 shares of the utilities provider’s stock worth $10,200,000 after purchasing an additional 165,881 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of BCE by 78.5% in the 3rd quarter. Barclays PLC now owns 120,462 shares of the utilities provider’s stock worth $4,192,000 after purchasing an additional 52,966 shares in the last quarter. 41.46% of the stock is currently owned by institutional investors and hedge funds.

BCE Company Profile

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.