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
TOP PICK
Very low PE and high dividend yield at 6.3%. Very high free cash flow yield. Now back to their good core businesses with some pricing power in some of them.
BUY
Telcos are not a heavy weighting in his portfolios. It will be some time before they lose significant market share against the new players but there will be some challenge to growth and margins. Good defensive play. 6.2% yield. This would be his 1st choice.
PAST TOP PICK
(A Top Pick Jan 9/09. Up 21.25%.) Would buy on weakness. Expect telcos will have some pressure from new wireless companies.
BUY
6% yield and there is some upside and growth on the wireless side.
BUY
Raised the dividend twice in 2009. Strong free cash flow. Paying down debt and funding their pension.
BUY
Likes the 6% dividend yield. Management is delivering on what they say they will. Won't be a great growth story as wire lines will continue to drag. Expecting decent dividend growth.
PAST TOP PICK
(A Top Pick May 08/09. Up 20.09%.) 5.54% maturing Feb 15/17. Still likes.
TOP PICK
Good dividend paying stock. Largest telco in Canada. Could make further acquisitions. New management is pointed in the right direction. Likes the yield, which has just been increased and is safe.
TOP PICK
Likes management. Not a large uptick in share price but 7% dividend is good
PAST TOP PICK
(A Top Pick Jan 5/09. Up 16.25%.) Still a buy.
PAST TOP PICK
(Top Pick May 15/09, Up 11%) Still likes it. He trimmed his holdings by a third on recent strength, to accumulate Telus
BUY
If Globalive really gets a foothold, you might get a merger of Shaw and Rogers. BCE and Telus could spin off their wireless operations and merge them.
WAIT
Telecoms are interesting because they have all done better. Thinks a lot of yield money is flowing into the sector. Wouldn't chase these stocks as he thinks they will pull back with a market correction.
HOLD
Has had a nice move over the last few months. Yield of about 5%. Doesn't see the share price moving up as it has recently. Good long-term holding.
PAST TOP PICK
(Top Pick Dec 15/08, Up 40.75%) Bought it the day the teacher’s takeover was cancelled. Getting rid of old management. It is turning around, but will take a coupled of years.
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