Today BCE Inc. (BCE) Scheduled to Post Quarterly Earnings on Thursday

Today BCE Inc. (BCE) Scheduled to Post Quarterly Earnings on Thursday

BCE Inc. (TSE:BCE) (NYSE:BCE) is scheduled to release its earnings data before the market opens on Thursday, February 2nd. Analysts expect BCE to post earnings of $0.60 per share for the quarter.

BCE Inc. (TSE:BCE) opened at 58.66 on Wednesday. BCE Inc. has a 12 month low of $54.95 and a 12 month high of $63.40. The company has a 50-day moving average of $58.20 and a 200-day moving average of $60.04. The company has a market cap of $51.05 billion and a price-to-earnings ratio of 18.56.

The business also recently disclosed a quarterly dividend, which was paid on Sunday, January 15th. Shareholders of record on Thursday, December 15th were issued a dividend of $0.6825 per share. The ex-dividend date was Tuesday, December 13th. This represents a $2.73 dividend on an annualized basis and a dividend yield of 4.65%.

A number of research analysts have issued reports on BCE shares. Bank of America Corporation cut their price objective on BCE from C$64.00 to C$60.00 in a report on Wednesday, December 7th. Royal Bank of Canada cut BCE from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from C$61.00 to C$60.00 in a report on Monday, January 9th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of C$62.55.

BCE Company Profile

BCE Inc is a communications company. The Company provides a range of broadband communications and content services to consumer, residential, business and government customers in Canada. The Company offers various services under the Bell and Bell Aliant brands, such as fiber-based Internet protocol television (IPTV) and high-speed Internet services, home phone and business network and communications services.

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