TSE:BCE

BCE Inc. (BCE.TO)

30.08
+0.17 (0.57%)
as of Jul 24, 2026, 8:00:00 pm Market Open.
2008 watching
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Investor Insights
star iconJul 25, 2026, 12:00 am

This summary was created by AI, based on 44 opinions in the last 12 months.

BCE Inc. is viewed as a stable yet challenged investment, primarily recognized for its high dividend yield of around 5%, which many see as a reliable income source amidst current pressures in the telecom sector. The company has faced significant stock price declines due to increased competition, especially from emerging technologies like Starlink, leading to a cut in its dividend by 56% to maintain a sustainable payout ratio. While many experts highlight BCE's potential in the AI and data center space, they express caution about its core operations, with concerns over limited growth prospects and competitive pricing pressures. The consensus is that BCE may serve better as a defensive investment with modest future appreciation rather than as a growth stock. Analysts suggest monitoring BCE's strategic moves in the evolving telecom landscape, including its recent US acquisition and infrastructure investments, to gauge long-term viability.

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Consensus
Hold
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Valuation
Fair Value
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T, T
TOP PICK
A safe haven stock. A great yield and the dividend grows yearly. If interest rates fall, it will continue to look good. Earnings are growing as well. Yield 5.14% (Analysts’ price target is $62.14)
BUY ON WEAKNESS

The unlimited data plans will hurt the telcos. Another headwind is the CRTC banning 3-year plans on buying cell phones. BCE is trading at a high 16.3.x PE and growing at only 3.5% EPS. But the good thing about BCE is that they're less wireless than its peers. You will get paid the yield but don't expect growth. Buy this at $55. In fact, telcos did well today when the markets dropped 2-3%. But he prefers Quebecor and Shaw.

HOLD
A good income stock with a good yield that grows each year. Part of an oligopoly in Canada, where the players are all increasing subscribers. Immigration is growing in Canada and appears to be helping these companies. Yield 5.2%
PAST TOP PICK
(A Top Pick Oct 12/18, Up 25%) Starting to get on the pricey side. At $66-68, he'd take profits. Nice yield for now.
DON'T BUY
Using DRIP can be very successful with compound interest, especially if you can buy fractional shares. Not impressed with their latest results. The dividends are growing at 5% whereas the average is 7%. A big problem is that you have a virtual oligopoly in Canada but can't get more than 1 or 2% revenue growth. Where is the payback for 5G coming from?
HOLD
A bond proxy? A steady stock with a good dividend. The price war in wireless is canalizing some margins. He thinks the fundamentals of the company will likely deteriorate over the next couple of years. A 5.3% yield. He will continue to hold for now.
PAST TOP PICK
(A Top Pick Jul 06/18, Up 17%) Generous dividend increases which should continue. Dividend supports the stock in bad markets. A core holding. Will do fine as long as Canadian economy chugs along. Yield is 5.25%.
BUY
There is a bit of friction between the various providers. We are seeing the introduction of new and bigger data plans with more reasonable pricing. It is one of the ones he would look at within the industry.
HOLD
Technology infrastructure. Cost is actually going down. Franchise value. Sports' emotion gets played out in the stock market. Likes it as a core holding, great dividend, stable, extremely well managed. All this is really hard to replicate. With patience, great long-term rate of return.
BUY
They don;t own any of the cable operators. The dividend is safe. A problem that they had for a while which was the under-funding of their corporate pension plan was cleared. If you are looking for an oligopoly with safe income this fits nicely.
WATCH
He would not get out before the next dividend. It is a great Canadian company with a great dividend. Wait and hold it for the dividend and then see where it goes.
PAST TOP PICK
(A Top Pick Jul 06/18, Up 16%) It has held up very well. He continues to hold it and is happy with it. It is a good stock to have as a base stock for a portfolio.
PAST TOP PICK
(A Top Pick Jun 06/18, Up 19%) Rocky road for Bell. Hasn't performed as well as investors would like. A dividend play, so you get relatively stable, good earnings and cash flow. Has trimmed in the last 4-6 weeks.
BUY
Getting a decent dividend. So if look at the dividend and the 2-3% share appreciation, that is giving you a decent return for the quality of name and size of business you are buying. US telco's are very different than Canadian. BCE is doing a good job and is growing.
HOLD
5G will end up being relatively homogeneous so he doesn't worry too much. The problem with this company is that there is not much growth left. They had done so well and are so dominant. Not much else to buy. Your are left with a 5% dividend and 2% growth. He expects a 6% total return.
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