BCE (NYSE:BCE) Updates FY 2026 Earnings Guidance

BCE (NYSE:BCE) (TSE:BCE) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.798-1.919 for the period, compared to the consensus estimate of 1.900. The company issued revenue guidance of $17.9 billion-$18.6 billion, compared to the consensus revenue estimate of $18.2 billion.

BCE Stock Up 3.2%

NYSE BCE traded up $0.69 during mid-day trading on Thursday, hitting $22.75. The company’s stock had a trading volume of 5,450,004 shares, compared to its average volume of 4,166,288. The company’s 50 day simple moving average is $22.61 and its 200 day simple moving average is $24.15. BCE has a twelve month low of $20.87 and a twelve month high of $26.52. The company has a current ratio of 0.74, a quick ratio of 0.71 and a debt-to-equity ratio of 1.84. The firm has a market capitalization of $21.22 billion, a price-to-earnings ratio of 4.62 and a beta of 0.51.

BCE (NYSE:BCE) (TSE:BCE) last announced its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. BCE had a net margin of 25.66% and a return on equity of 13.87%. BCE has set its FY 2026 guidance at 1.798-1.919 EPS. Analysts anticipate that BCE will post 1.85 earnings per share for the current year.

BCE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.4375 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.75 annualized dividend and a dividend yield of 7.7%. BCE’s payout ratio is presently 25.81%.

Analyst Ratings Changes

BCE has been the topic of a number of analyst reports. Barclays lowered their target price on shares of BCE from $26.00 to $25.00 and set an “equal weight” rating on the stock in a report on Thursday, July 16th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of BCE in a report on Friday, July 10th. TD Securities raised BCE from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st. Weiss Ratings reissued a “hold (c)” rating on shares of BCE in a research report on Friday, May 29th. Finally, Raymond James Financial started coverage on shares of BCE in a report on Wednesday, July 15th. They set a “market perform” rating on the stock. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $30.00.

Key Headlines Impacting BCE

Here are the key news stories impacting BCE this week:

• Positive Sentiment: Q2 earnings beat expectations. BCE reported adjusted earnings of $0.47 per share, up from $0.46 a year earlier and ahead of the $0.46 analyst consensus. BCE Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Revenue also topped Wall Street estimates. Bell Media benefited from increased advertising and broadcast activity associated with the FIFA World Cup, providing support for BCE’s media operations. FIFA World Cup Helps Lift Bell Media Revenues
• Positive Sentiment: The dividend remains a major attraction. BCE declared a quarterly dividend of $0.4375 per share, or $1.75 annualized, representing an indicated yield of approximately 7.7%. Investors of record on September 15 will be paid on October 15.
• Neutral Sentiment: Revenue guidance broadly aligns with expectations. BCE forecast fiscal 2026 revenue of $17.9 billion to $18.6 billion, a range that contains the $18.2 billion analyst consensus. BCE Reports Second Quarter 2026 Results
• Negative Sentiment: Profit declined year over year. Despite the EPS beat, BCE’s overall second-quarter profit fell, highlighting continued pressure on the business and limiting the positive impact of the earnings surprise.
• Negative Sentiment: Full-year EPS guidance is slightly cautious. BCE provided a 2026 EPS range of $1.798 to $1.919, below the $1.900 consensus at the low end and around 2% below consensus at the midpoint. BCE Q2 Earnings Key Metrics

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd increased its position in shares of BCE by 735.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,161 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 1,022 shares during the last quarter. Smartleaf Asset Management LLC grew its position in BCE by 1,642.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,411 shares of the utilities provider’s stock valued at $33,000 after buying an additional 1,330 shares during the period. Colonial Trust Co SC bought a new position in BCE during the fourth quarter valued at about $60,000. Geneos Wealth Management Inc. increased its holdings in BCE by 64.8% during the first quarter. Geneos Wealth Management Inc. now owns 3,096 shares of the utilities provider’s stock worth $71,000 after buying an additional 1,217 shares during the last quarter. Finally, Arax Advisory Partners raised its position in BCE by 61.2% in the fourth quarter. Arax Advisory Partners now owns 3,333 shares of the utilities provider’s stock worth $79,000 after acquiring an additional 1,265 shares during the period. Hedge funds and other institutional investors own 41.46% of the company’s stock.

About BCE

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.