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BCE FY2026 EPS Forecast Decreased by National Bank Financial


BCE FY2026 EPS Forecast Decreased by National Bank Financial

BCE Inc. (TSE:BCE - Free Report) NYSE: BCE - National Bank Financial lowered their FY2026 earnings per share estimates for BCE in a research note issued on Thursday, January 2nd. National Bank Financial analyst A. Shine now expects that the company will earn $2.38 per share for the year, down from their previous estimate of $2.67. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for BCE's current full-year earnings is $3.11 per share.

Several other research analysts have also weighed in on BCE. Royal Bank of Canada lowered their target price on shares of BCE from C$45.00 to C$41.00 and set a "sector perform" rating for the company in a research note on Wednesday, December 18th. Scotiabank cut their target price on BCE from C$45.00 to C$42.00 in a research report on Tuesday, November 26th. BMO Capital Markets raised their price target on BCE from C$48.00 to C$51.00 in a research report on Thursday, September 19th. Barclays cut their price objective on BCE from C$46.00 to C$41.00 in a report on Monday, November 11th. Finally, Canaccord Genuity Group lowered their target price on BCE from C$37.50 to C$33.00 and set a "hold" rating for the company in a report on Thursday, December 19th. Ten investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of C$41.88.

Read Our Latest Analysis on BCE

TSE BCE opened at C$34.40 on Monday. The stock has a fifty day simple moving average of C$37.36 and a 200-day simple moving average of C$43.05. The company has a current ratio of 0.65, a quick ratio of 0.43 and a debt-to-equity ratio of 197.43. The stock has a market cap of C$31.38 billion, a PE ratio of 16.00, a P/E/G ratio of 4.67 and a beta of 0.48. BCE has a twelve month low of C$31.99 and a twelve month high of C$56.18.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th will be paid a $0.9975 dividend. The ex-dividend date is Monday, December 16th. This represents a $3.99 dividend on an annualized basis and a yield of 11.60%. BCE's dividend payout ratio is currently 185.58%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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