What is Scotiabank’s Estimate for BCE FY2027 Earnings?

BCE Inc. (TSE:BCE) (NYSE:BCE) – Scotiabank issued their FY2027 earnings per share estimates for shares of BCE in a note issued to investors on Thursday, September 17th. Scotiabank analyst M. Yaghi anticipates that the company will post earnings of $2.66 per share for the year. Scotiabank has a “Sector Outperform” rating and a $39.00 price target on the stock. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

BCE has been the subject of several other reports. Royal Bank Of Canada cut their price objective on shares of BCE from C$39.00 to C$36.00 and set an “outperform” rating for the company in a report on Friday, July 10th. Scotia increased their target price on BCE from C$39.00 to C$40.00 and gave the stock a “sector outperform” rating in a research report on Friday, August 7th. Canaccord Genuity Group cut their price target on BCE from C$35.00 to C$33.00 and set a “hold” rating for the company in a report on Friday, July 10th. Desjardins lifted their price target on BCE from C$41.00 to C$43.00 and gave the company a “buy” rating in a research report on Thursday. Finally, TD Securities upgraded BCE from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$37.69.

BCE Stock Performance

TSE BCE opened at C$31.20 on Friday. The company’s 50 day moving average is C$31.65 and its 200-day moving average is C$32.88. BCE has a 12-month low of C$29.66 and a 12-month high of C$36.25. The company has a quick ratio of 0.43, a current ratio of 0.73 and a debt-to-equity ratio of 175.06. The firm has a market cap of C$29.09 billion, a P/E ratio of 4.63, a price-to-earnings-growth ratio of 4.67 and a beta of 0.37.

BCE (TSE:BCE) (NYSE:BCE) last issued its earnings results on Thursday, August 6th. The company reported C$0.65 earnings per share for the quarter. The firm had revenue of C$6.18 billion during the quarter. BCE had a net margin of 25.89% and a return on equity of 27.73%.

BCE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.4375 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.75 annualized dividend and a yield of 5.6%. BCE’s payout ratio is presently 25.96%.

About BCE

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.