What is Scotiabank’s Estimate for BCE FY2026 Earnings?

BCE Inc. (TSE:BCE) (NYSE:BCE) – Equities researchers at Scotiabank reduced their FY2026 EPS estimates for BCE in a research note issued on Thursday, October 22nd. Scotiabank analyst M. Yaghi now anticipates that the company will earn $2.57 per share for the year, down from their previous forecast of $2.61. Scotiabank currently has a “Sector Outperform” rating and a $36.50 target price on the stock. The consensus estimate for BCE’s current full-year earnings is $3.11 per share.

Several other equities analysts have also recently commented on BCE. Raymond James Financial set a C$37.00 target price on shares of BCE and gave the stock a “market perform” rating in a research report on Thursday, July 16th. National Bank Financial reduced their target price on BCE from C$38.00 to C$36.00 and set an “outperform” rating for the company in a report on Thursday, October 1st. Morgan Stanley raised BCE from an “underweight” rating to an “equal weight” rating and increased their price target for the company from C$31.00 to C$35.00 in a research report on Tuesday, July 21st. Scotia increased their price target on BCE from C$39.00 to C$40.00 and gave the company a “sector outperform” rating in a research report on Friday, August 7th. Finally, Desjardins cut their price objective on BCE from C$43.00 to C$41.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, BCE currently has a consensus rating of “Moderate Buy” and an average target price of C$37.12.

BCE Trading Up 3.6%

Shares of BCE stock opened at C$29.10 on Friday. BCE has a 52-week low of C$26.66 and a 52-week high of C$36.25. The company has a debt-to-equity ratio of 175.06, a quick ratio of 0.43 and a current ratio of 0.73. The company has a 50-day simple moving average of C$30.60 and a two-hundred day simple moving average of C$31.72. The company has a market capitalization of C$27.14 billion, a price-to-earnings ratio of 4.32, a PEG ratio of 4.67 and a beta of 0.37.

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

Insider Activity

In other news, Director Louis Vachon bought 10,000 shares of the stock in a transaction on Friday, September 18th. The shares were purchased at an average cost of C$30.63 per share, for a total transaction of C$306,300.00. Following the completion of the purchase, the director directly owned 100,000 shares in the company, valued at C$3,063,000. This represents a 11.11% increase in their position. 0.02% of the stock is currently owned by insiders.

BCE Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 15th were given a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend was Tuesday, September 15th. BCE’s dividend payout ratio (DPR) is currently 25.96%.

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.