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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
COMMENT
Earnings aren’t growing very quickly but have a decent dividend. Has new competition in wireless, which will dilute the industry a little. Core businesses are clearly not growing as fast as they used to. You can maybe make a 10% return annually including the dividend. Big money has already been made on this one.
DON'T BUY
They did a large write-off in converting to IFRS. Thinks it’s expensive. Model price $31.28, -18% differential. He thinks it is too expensive. They do have 5.5% dividend. If it comes back to the $37 level he would be interested.
BUY
Chart shows a long upward move from late 2008. Expect it to have a little resistance at the $40 level and then you are looking at the $50-$52 level. Telecom sector is the right space to be in at this time. (See Top Picks.)
HOLD
Likes the sector. Increased dividends twice a year in 2010 and 2011 but probably won’t continue doing that. This year the increase was more than expected. Did a joint venture with Telus (T-T) on the wireless side so are in better competition with Rogers (RCI.B-T).
DON'T BUY
It’s not such a great buy any more for capital appreciation. Thinks they will raise dividend. He thinks other telecoms, such as RCI.B are a better buy. Thinks at some point BCE and Telus will merge if the government permits.
COMMENT
9.25% Strip bond May 15/30? Strip bonds are the most volatile of all fixed income maturities and long term ones are the most volatile because they have no interest payments to shorten the duration. Your entire market value depends on long term interest rates. When rates go up, the value of the strip bonds go down. Consider selling and going into shorter term bonds, depending on your portfolio.
PAST TOP PICK
Recommended on May 28,2010 at $30.67, now at $37.85, total return 30.33% increase. Has done a great job of cost cutting,they have grown their internals,stable, 2 billion in cash flow, dividends have increased 3 or 4 times over the last few years, more room to grow and able to bundle their products which should play out well for them.
TOP PICK
This was a past top pick(May 28 2010) and a top pick today. They have been cost cutting and this has been dripping into the dividends. Opportunity to go up further.
COMMENT
Did a good job of moving into television area. Had a great run. Could go either way on this one. Doesn’t see huge downside risks but at around $40, it’s a little thin for moving higher. Yield is perfectly safe. When the market recovers, as he expects, there may be some rotation out of this type of stock and into things with more upside.
TOP PICK
Reported great earnings relative to expectations. CTV acquisition should turn out to be very good. Increased the dividend 5%. (6th one since the 4th quarter of 2008.) 5.5% dividend yield. Good growth.
COMMENT
Just reported earnings above estimates and raised their dividends. Trading at about 12X earnings. Solid grower but not a tremendously fast grower. Fits in a portfolio where you want some decent income and require income in a portfolio.
COMMENT
Whole Telecom space looks decent but not a ton of upside. Has had a big pop in the last month or so. With their dividends, it makes a great defensive stock. Good hold for the longer term.
COMMENT
5%+ dividend is safe and has no doubt they will continue to increase it. Have gone through an upgrade of their network, so that’s behind them. Feels the capital upside on a lot of the telecom names in then near term is limited given the new entrants coming in.
BUY
Largest telecommunication business in Canada. He bought for income. Increased their dividend and thinks they will do so again. Good management.
TOP PICK
(A Top Pick Feb 15/11. No change.) 5.5% dividend yield and he expects another one soon. Management has done an outstanding job of executing on its plan. CTV acquisition is going to work out very well. They are the best positioned, in this space, to deal with all the changes that are unfolding.
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