Scotiabank Has Negative Outlook for BCE FY2026 Earnings

BCE Inc. (TSE:BCE) (NYSE:BCE) – Investment analysts at Scotiabank cut their FY2026 EPS estimates for BCE in a report issued on Friday, January 23rd. Scotiabank analyst M. Yaghi now anticipates that the company will earn $2.81 per share for the year, down from their previous estimate of $2.82. Scotiabank currently has a “Outperform” rating and a $40.25 target price on the stock. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

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

A number of other equities analysts have also recently issued reports on the company. TD Securities cut their price objective on BCE from C$39.00 to C$38.00 and set a “buy” rating for the company in a report on Friday, November 7th. Desjardins cut their target price on BCE from C$42.00 to C$41.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Royal Bank Of Canada upgraded shares of BCE from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from C$35.00 to C$47.00 in a report on Wednesday, October 15th. Cibc Captl Mkts upgraded BCE from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 9th. Finally, CIBC upgraded shares of BCE from a “neutral” rating to a “sector outperform” rating in a report on Tuesday, December 9th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, BCE currently has a consensus rating of “Moderate Buy” and an average price target of C$36.20.

BCE Price Performance

BCE stock opened at C$34.52 on Monday. BCE has a one year low of C$28.73 and a one year high of C$36.59. 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 stock has a market cap of C$32.19 billion, a PE ratio of 5.18, a P/E/G ratio of 4.67 and a beta of 0.48. The firm has a 50 day simple moving average of C$32.55 and a two-hundred day simple moving average of C$32.93.

BCE Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Thursday, January 15th were given a $0.4375 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.75 dividend on an annualized basis and a yield of 5.1%. BCE’s dividend payout ratio is presently 43.09%.

BCE Company Profile

Bell Media is Canada’s leading media and entertainment company with a portfolio of assets in premium video, audio, out-of-home advertising, and digital media. This includes Canada’s most-watched television network, CTV; the largest Canadian-owned video streamer, Crave, with a premium add-on to include STARZ; a powerful suite of specialty channels; the most-trusted news brand, CTV News; Canada’s cross-platform sports leaders, TSN and RDS; leading out-of-home advertising network, Astral; Québec’s fast-growing conventional French-language network, Noovo; the country’s leading radio and podcast app, iHeartRadio Canada; and a range of award-winning original productions, brands, and services.