BCE(BCE)
Search documents
BCE: Why I Added This 9% Yield To My Portfolio
Seeking Alpha· 2024-04-22 17:42
BalkansCat There is an old investment axiom to be greedy when others are fearful, and fearful when others are greedy. In the case of BCE Inc. (NYSE:BCE), it appears investors are certainly fearful, as the stock has lost an incredible 28% in the past year when the rest of the markets have been powering higher (Figure 1). Figure 1 - BCE has massively underperformed the market (Seeking Alpha) Are investors right to be fearful about BCE Inc., or does this selloff represent a good opportunity to snap up shar ...
BCE (BCE) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-04-19 23:20
Company Performance - BCE's stock closed at $32.59, reflecting a +1.18% change from the previous day, outperforming the S&P 500's loss of 0.88% [1] - Over the past month, BCE shares have decreased by 5.74%, while the Utilities sector and S&P 500 have lost 7.29% and 2.57%, respectively [1] - The upcoming earnings announcement is scheduled for May 2, 2024, with projected EPS of $0.53, indicating a 15.87% decline year-over-year, and revenue expectations of $4.48 billion, down 0.04% from the previous year [1] Financial Estimates - For the full year, the Zacks Consensus Estimates predict earnings of $2.25 per share and revenue of $18.44 billion, showing changes of -5.46% and +0.85% from the prior year [2] - Recent adjustments in analyst estimates for BCE are crucial as they reflect short-term business dynamics, with positive revisions indicating analysts' confidence in the company's performance [2] Valuation Metrics - BCE has a Forward P/E ratio of 14.3, which is higher than the industry average of 13.77, suggesting that BCE is trading at a premium [3] - The company has a PEG ratio of 4.31, compared to the industry average PEG ratio of 2.5, indicating a higher valuation relative to expected earnings growth [3] Industry Context - BCE operates within the Diversified Communication Services industry, which is part of the Utilities sector and currently holds a Zacks Industry Rank of 176, placing it in the bottom 31% of over 250 industries [4] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [4]
3 High-Yield Dividend Stocks to Buy With Payouts Over 8%
InvestorPlace· 2024-04-09 19:02
With the S&P 500 yielding less than 2% on average right now, high dividend stocks are hard to find. Even though interest rates have risen significantly over the past few years, the major equity indices are broadly unappealing for income investors.Fortunately, investors can still find high dividend stocks… even in this market. The following three high-yield dividend stocks have payouts above 8%, making them attractive options in an otherwise low-yield stock market.Altria Group (MO)Source: Kristi Blokhin / Sh ...
68 Graham Value Stocks, 57 Fit To Buy In March
Seeking Alpha· 2024-03-18 11:38
damedeeso Foreword About Large Cap Value A Value ranking for large cap stocks from YCharts puts together complementary strategies found during their stock research. As a value ranking, it looks at the price of a stock relative to a number of measurements that determine intrinsic firm value. Only the largest 10% of companies based on market cap are allowed in this portfolio. What it is: The Value Score is a composite score. It tells you how much you are getting in terms of profits, cash flows, assets, sales, ...
8% Yield BCE Canada And 10% Vodafone UK: Which To Own Analysis
Seeking Alpha· 2024-03-14 21:41
NicoElNino/iStock via Getty Images Both BCE Inc. (BCE, BCE:CA) and Vodafone (VOD) telecommunication companies are struggling, this article is to show how they compare and that they might soon have the same 8% yield. I give a Rose recommendation for owning them and what action I might take. I wrote how BCE was struggling in this article of May 2023 here and now I can say I was very right about its price decline and would wait to buy it under $40. I was, however, incorrect about it cutting the dividend as ...
BCE Inc.: Is This Succulent 7.9% Dividend Safe?
Seeking Alpha· 2024-03-12 19:53
BalkansCat BCE (NYSE:BCE)(TSX:BCE:CA) has been a consistent income provider for Canadian investors since it was established in the late-1800s. The future, however, isn't quite as rosy, with the company projected to pay out more than it earns in 2024. Will this translate into a dividend cut? (BCE reports in CAD. All numbers are in CAD unless indicated otherwise) Introduction BCE can trace its history to 1880, just a few short years after Alexander Graham Bell invented the telephone. Bell received a Canad ...
BCE files 2023 annual report on Form 40-F
Prnewswire· 2024-03-08 14:53
Company Overview - BCE is Canada's largest communications company based on total revenue and total combined customer connections [2][3] - The company provides advanced Bell broadband Internet, wireless, TV, media and business communications services [2] - BCE is investing in social and economic prosperity through its Bell for Better initiative, which includes the Bell Let's Talk mental health campaign [2] Financial Reporting - BCE filed its 2023 annual report on Form 40-F with the U S Securities and Exchange Commission (SEC) [1] - The Form 40-F includes audited financial statements for the year ended December 31, 2023 [1] - The report is available on BCE's website and the SEC's website [1] - Security holders can request a printed copy of the audited financial statements at no charge [1]
BCE announces change of auditor for fiscal 2025
Prnewswire· 2024-03-07 22:00
MONTRÉAL, March 7, 2024 /PRNewswire/ - BCE Inc. (BCE) (TSX: BCE) (NYSE: BCE) today announced that the Audit Committee of the Board of Directors of BCE (the Board) has completed a comprehensive request for proposal process for the 2025 external audit engagement (the RFP) and that the Board has selected Ernst & Young LLP as its external auditor for fiscal 2025. In keeping with its focus on best corporate governance practices and given the long tenure of Deloitte LLP as BCE's external auditor, the Audit Commit ...
BCE's Q4 Earnings Beat Estimates, Revenues Increase Y/Y
Zacks Investment Research· 2024-02-09 16:56
BCE Inc. (BCE) reported fourth-quarter 2023 adjusted earnings per share (EPS) of C$0.76 (56 cents) compared with C$0.71 in the prior-year quarter. The Zacks Consensus Estimate was pegged at 54 cents.Quarterly total operating revenues increased 0.5% year over year to C$6,473 million ($4,755 million). The consensus estimate was pegged at $4,819.1 million. This was driven by a 3.6% rise in Product revenues, which totaled C$1,125 million, whereas Service revenues declined 0.1% to C$5,348 million.The uptick was ...
Compared to Estimates, BCE (BCE) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-08 17:00
For the quarter ended December 2023, BCE (BCE) reported revenue of $4.76 billion, up 0.3% over the same period last year. EPS came in at $0.56, compared to $0.53 in the year-ago quarter.The reported revenue represents a surprise of -1.33% over the Zacks Consensus Estimate of $4.82 billion. With the consensus EPS estimate being $0.54, the EPS surprise was +3.70%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next mo ...