Zacks Research Issues Positive Outlook for BCE Earnings

by · The Cerbat Gem

BCE, Inc. (NYSE:BCE – Free Report) (TSE:BCE) – Analysts at Zacks Research raised their Q3 2026 earnings per share estimates for shares of BCE in a research note issued on Friday, November 21st. Zacks Research analyst Team now anticipates that the utilities provider will earn $0.49 per share for the quarter, up from their previous estimate of $0.48. The consensus estimate for BCE’s current full-year earnings is $1.94 per share. Zacks Research also issued estimates for BCE’s Q4 2026 earnings at $0.51 EPS, FY2026 earnings at $1.91 EPS, Q1 2027 earnings at $0.47 EPS and FY2027 earnings at $1.96 EPS.

BCE (NYSE:BCE – Get Free Report) (TSE:BCE) last released its quarterly earnings results on Thursday, November 6th. The utilities provider reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.05. The company had revenue of $4.34 billion for the quarter, compared to analyst estimates of $6.14 billion. BCE had a return on equity of 18.89% and a net margin of 1.96%.The firm’s revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 earnings per share. BCE has set its FY 2025 guidance at 1.910-1.980 EPS.

A number of other research analysts have also recently issued reports on BCE. Wall Street Zen raised shares of BCE from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Barclays cut their price objective on shares of BCE from $22.00 to $21.00 and set an “underweight” rating on the stock in a report on Monday, November 10th. Weiss Ratings reiterated a “sell (d+)” rating on shares of BCE in a report on Wednesday, October 8th. National Bankshares reissued an “outperform” rating on shares of BCE in a research report on Friday, August 15th. Finally, Desjardins upgraded BCE from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and five have given a Sell rating to the company. According to MarketBeat, BCE currently has an average rating of “Hold” and an average target price of $29.00.

Get Our Latest Analysis on BCE

BCE Stock Performance

Shares of BCE stock opened at $23.02 on Monday. The company’s fifty day moving average price is $23.29 and its 200-day moving average price is $23.31. The stock has a market cap of $21.46 billion, a PE ratio of 79.36, a price-to-earnings-growth ratio of 4.00 and a beta of 0.62. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 2.17. BCE has a 12 month low of $20.28 and a 12 month high of $27.44.

Hedge Funds Weigh In On BCE

Hedge funds have recently added to or reduced their stakes in the company. Canerector Inc. boosted its stake in BCE by 3,152.0% during the 3rd quarter. Canerector Inc. now owns 8,130,000 shares of the utilities provider’s stock valued at $190,161,000 after purchasing an additional 7,880,000 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of BCE by 170.7% in the first quarter. Goldman Sachs Group Inc. now owns 11,679,620 shares of the utilities provider’s stock worth $268,164,000 after purchasing an additional 7,365,253 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of BCE by 99.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 14,006,153 shares of the utilities provider’s stock valued at $310,682,000 after purchasing an additional 6,981,281 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its position in shares of BCE by 36.1% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 25,249,300 shares of the utilities provider’s stock valued at $579,458,000 after buying an additional 6,697,900 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec boosted its position in shares of BCE by 94.4% during the first quarter. Federation des caisses Desjardins du Quebec now owns 10,649,978 shares of the utilities provider’s stock valued at $243,966,000 after buying an additional 5,171,655 shares during the last quarter. 41.46% of the stock is currently owned by hedge funds and other institutional investors.

BCE Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, December 15th will be issued a dividend of $0.4375 per share. The ex-dividend date is Monday, December 15th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.6%. BCE’s dividend payout ratio is presently 25.78%.

BCE Company Profile

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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.

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