TSE:BCE

BCE Inc. (BCE.TO)

30.37
-0.18 (0.59%)
as of Jul 2, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 2, 2026, 12:00 am

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

BCE Inc. has faced significant challenges in the competitive telecommunications landscape, leading to a recent dividend cut of 56% aimed at funding growth and restructuring efforts, particularly in the AI data center infrastructure sector. Many experts recognize the company's dividend as relatively safe and attractive, citing a yield of around 5%, which is appealing for income-focused investors. However, they caution that the core business is under pressure due to intense competition, and prospects for capital appreciation may be limited in the near term. Some analysts suggest that BCE's strategic moves, including investments in the U.S. and advancements in fiber technology, could lead to long-term benefits, but a turnaround in share price may take time. Overall, while some see potential for stabilization and gradual growth, the general sentiment leans towards caution, with many preferring to approach BCE as a defensive income play rather than a growth stock.

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Consensus
Caution
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Valuation
Fair Value
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RCI.B
BUY
(Market Call Minute.)
PARTIAL SELL
You have to look at this as almost a preferred share. Doesn't see significant upside momentum. Long-term, you could probably get a few more dollars a share of it. If you made a lot of money, consider selling half and keeping the rest for dividends.
BUY
Core holding of his. Likes what they are doing – cutting costs spending on wireless so they compete better with Rogers. Increased dividend twice in 12 months. Thinks there is enough room for the new competitors that survive. BCE is his preference of the telecoms.
BUY
Stock had a great move from the beginning of the year, so expects there was profit taking, which caused the drop in the price. Good yield. Under $30 is a good entry point.
DON'T BUY
Very little growth in the telcos. Came close to his target of $30 so he sold his holdings.
BUY
Exiting its consolidation level that it created in 09 and starting to trend upwards and making new highs. Yield of above 5.74%. Likes the sector. Can see $32 before year-end and as a downside $28.50. (See Top Picks.)
COMMENT
Have been very successful in cutting costs. Very nice, safe dividend yield, which they have been raising. She prefers cable to telecom because they have their subscriber base behind them along with growth in wireless.
TOP PICK
4.35% Series AG preferreds. One of Canada's leading communication companies. Safe play because you have protection of the dividend yield and any cut would have to come off the common shares first. Rate is fixed for a certain term and then can float in you some protection against rising interest rates.
COMMENT
Have increased dividends a couple of times and payout ratio would indicate there is still room for more increases. Their business is under a fair bit of competition in prices and new competitors. Attractive dividend.
TOP PICK
Almost 6% yield and has great ability to increase its dividend. Trading at about 12% free cash flow yield.
PAST TOP PICK
(A Top Pick March 9/09. Up 35.9%.)
BUY
A believer in BCE. It’s a cash flow machine. Dividend will continue to rise.
COMMENT
Strip bond due in 2026, yield of 6.2%. 16 years is fairly long and it is a zero coupon bond which means duration is also 16. If you don't need the cash flow, it is an OK longer-term hold.
BUY
Would own it here and buy it here. Has excellent upside from here. It is turning around. Throws off huge cash. Raised dividend and will do it some more.
WEAK BUY
Has been accumulating it for some time. Dividend is good support for the support. A pretty good run recently. We are not going to get to where it was when the pension plan was bidding for it. For a cash flow producer and good business metrics, she likes the stock. She likes Rogers more now.
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