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TSE:BCE

BCE Inc. (BCE.TO)

34.37
+0.08 (0.23%)
as of Jun 12, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 12, 2026, 12:00 am

This summary was created by AI, based on 45 opinions in the last 12 months.

BCE Inc. is currently facing significant challenges within the highly competitive telecom sector in Canada. Analysts are divided on the stock's outlook, with some expressing cautious optimism about its long-term potential due to an attractive dividend yield, while others remain skeptical about growth prospects following the company's dividend cut and high capital expenditures. Investors are advised to consider the stock primarily for its income-generating capacity rather than growth, as many believe the dividend will provide stability amidst market volatility. The outlook on BCE is mixed, with discussions of capital investments in AI and fibre helping to position the company for future growth, though concerns about high debt levels and competitive pressures persist.

consensus icon
Consensus
Cautious
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Valuation
Undervalued
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Similar
Telus,T
PAST TOP PICK
(A Top Pick Aug 6/10. Up 25.3%.) Fits his pattern of a good large-cap company that pays a good dividend and willing to increase dividends.
BUY
Great dividend. Very steady cash flow. Have done a great job in restructuring. Telecom is a sector where he would be buying stocks right now.
TOP PICK
Raised its dividend 6 times over the last 2.5 years. Very strong free cash flow. Smart phones are very positive for all telcos. Trade at 12X earnings, which is very reasonable.
PAST TOP PICK
(Top Pick Apr 11/11, Up 4.54% total return) Still likes the story. Management done a good job of managing its costs. Recent acquisitions are working out quite well. Investors should have a lot of these high yielding stocks.
COMMENT
Floating Rate Preferreds series A.I. Just got a notice they can be converted to a new series AJ. Should I convert? Every 5 years, is give the option of going to fixed or floating. These rates will be bumped down to 4.5% or you can convert to the J series, which is a floating rate at 100% prime. He doesn't see rates rising anytime soon.
COMMENT
Thinks this is down generally because of the market malaise. Doing an excellent job of becoming more efficient and competitive. Expects there will be no dividend cut, but gradual dividend increases.
COMMENT
Good for preservation of capital and income? Consensus target on the telcos is not very positive but this one, plus the dividend, as the best total return, excluding perhaps Shaw (SHR.B-T). Dividend will be safe. Growth will be limited but will probably be 5% a year.
BUY
Comfortable with this one here, partly because of its 5.5% dividend. Has increased the dividend at quite a clip over the last 3 years. Will continue to struggle with wire line negative growth but well-positioned in the growing smart phone market.
DON'T BUY
Has had a great run and is around because of the dividend. Management did a great job wringing out costs. Getting growth in wireless, but landlines is a pretty dead business. Fully valued.
PAST TOP PICK
4.35% Series AG Preferred (Top Pick Jun 16/10, Up 25.60) Expected it to do well but not this well. It is a unique preferred. It is in a fixed floater, which is not understood well. It came up for a reset in April. You choose between fixed and floating. He stayed with the fixed. Got a bump up in dividend to 4.5%, so people were quote happy.
STRONG BUY
For years he said ‘stay away’. It is one of his core holdings now. Have high yields with predictability. BCE went through a great re-structuring. Stock is behaving remarkably well. Likes the telecom sector.
COMMENT
Nice solid defensive name in a market like this. Capital of side is somewhat muted because it has recovered to the point where the teachers had made their bid. She doesn't see much upside, maybe 5%. Nice yield of 5.5%. Very strong cash flow.
BUY
The big 3, BCE (BCE-T), Rogers (RCI.B-T) and Telus (T-T) are all facing threat of new entrants. This company’s strategy has been consistent and has been picking up and leading in market share in wireless. Extraordinarily strong company for the long term. Good dividend.
TOP PICK
(A Top Pick Feb 15/11. Up 8.52%.) Yielding 5.5%. Good management. Defensive and well run. More than capable of being wily competitors in a competitive market.
TOP PICK
3.65% due May 9/16. Attractive yield. Starting yield higher than Government of Canada means it is likely to have a positive rate of return in the next 12 months.
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