BCE (NYSE:BCE) Issues FY 2026 Earnings Guidance

BCE (NYSE:BCE) (TSE:BCE) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.790-1.910 for the period, compared to the consensus earnings per share estimate of 1.940. The company issued revenue guidance of $17.7 billion-$18.4 billion, compared to the consensus revenue estimate of $18.0 billion.

BCE Stock Performance

Shares of BCE traded down $0.01 during midday trading on Friday, reaching $25.56. 1,066,930 shares of the stock were exchanged, compared to its average volume of 3,462,536. BCE has a twelve month low of $20.28 and a twelve month high of $26.49. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.58 and a quick ratio of 0.55. The company has a market capitalization of $23.84 billion, a price-to-earnings ratio of 5.30 and a beta of 0.60. The business’s 50-day moving average price is $23.96 and its 200 day moving average price is $23.86.

BCE (NYSE:BCE) (TSE:BCE) last released its quarterly earnings results on Thursday, November 6th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. BCE had a return on equity of 17.35% and a net margin of 25.62%.The firm had revenue of $4.34 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter last year, the business posted $0.75 EPS. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. On average, sell-side analysts expect that BCE will post 1.94 EPS for the current fiscal year.

BCE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 16th will be issued a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend is Monday, March 16th. BCE’s payout ratio is presently 25.99%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BCE. TD Securities upgraded shares of BCE from a “hold” rating to a “buy” rating in a research note on Wednesday, October 15th. BMO Capital Markets upgraded shares of BCE from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 11th. CIBC upgraded BCE from a “neutral” rating to a “sector outperform” rating in a research report on Tuesday, December 9th. Scotiabank reaffirmed an “outperform” rating on shares of BCE in a research note on Monday, January 12th. Finally, Barclays lowered their target price on BCE from $22.00 to $21.00 and set an “underweight” rating on the stock in a research note on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.00.

BCE News Roundup

Here are the key news stories impacting BCE this week:

• Positive Sentiment: Quarterly earnings beat consensus on the bottom line (company reported an EPS beat vs. analyst expectations), showing underlying profitability that reassures investors. BCE press release / slide deck
• Positive Sentiment: Crave subscription growth accelerated, which management highlighted as a bright spot for content/consumer revenue and future monetization potential. BCE quarterly profit rises, maintains 2026 guidance as Crave subscriptions surge
• Positive Sentiment: BCE declared a quarterly dividend of $0.4375/share (annualized yield ~6.8%), payable Apr. 15 to holders of record Mar. 16 — supportive for income-focused investors. (Company announcement)
• Neutral Sentiment: PR disclosure and analyst previews provide extra detail and models for FY‑2026 targets; read the full results and forward-looking statements for assumptions and risks. PR Newswire: Q4 and full‑year results
• Neutral Sentiment: Analyst writeups (Zacks, Benzinga) parse the quarter and key metrics — useful for investors comparing EPS, revenue, and segment trends to consensus. Zacks: Key metrics on BCE Q4
• Neutral Sentiment: Coverage mentioning AST SpaceMobile (and broader telecom vendor/partner news) is tangential to BCE’s core operating drivers and unlikely to be the primary mover for BCE shares today. MarketBeat: AST SpaceMobile context
• Negative Sentiment: Revenue for the quarter missed analyst estimates and was roughly flat/down year‑over‑year, which weakens the growth narrative and raises questions about near-term topline momentum. BCE press release / slide deck
• Negative Sentiment: FY‑2026 EPS guidance was issued at $1.79–$1.91, slightly below the Street consensus (~$1.94), which prompted investor concern about forward earnings growth and helped pressure the stock. Guidance and 2026 targets

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd raised its position in BCE by 735.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,161 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 1,022 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of BCE by 64.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,096 shares of the utilities provider’s stock valued at $71,000 after purchasing an additional 1,217 shares in the last quarter. Binnacle Investments Inc increased its holdings in shares of BCE by 34.6% in the 2nd quarter. Binnacle Investments Inc now owns 3,555 shares of the utilities provider’s stock valued at $79,000 after purchasing an additional 913 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of BCE in the third quarter valued at about $96,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in BCE by 92.9% during the second quarter. EverSource Wealth Advisors LLC now owns 4,322 shares of the utilities provider’s stock worth $96,000 after buying an additional 2,081 shares in the last quarter. Institutional investors and hedge funds own 41.46% of the company’s stock.

BCE Company Profile

BCE Inc (NYSE: BCE) is a Canadian communications, media and entertainment company that operates through its primary subsidiaries, including Bell Canada and Bell Media. As a large integrated telecommunications provider, BCE delivers a broad range of connectivity services and content to residential, business and wholesale customers across Canada. The company combines network infrastructure with media assets to offer bundled communications and entertainment solutions.

On the services side, BCE provides fixed-line and wireless voice services, mobile data, high-speed internet, fibre and broadband access, and television services through platforms such as Bell Fibe and Bell TV.