TSE:BCE

BCE Inc. (BCE.TO)

32.57
+0.11 (0.34%)
as of Aug 14, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconAug 15, 2026, 12:00 am

This summary was created by AI, based on 40 opinions in the last 12 months.

BCE Inc. currently faces significant challenges within a highly competitive telecom sector, leading to a decline in its stock price and a considerable dividend cut of 56%. Experts highlight that while BCE's traditional telecommunications business remains stable, it is under pressure due to competition from alternatives like Starlink and regulatory challenges. Many analysts view BCE as primarily a dividend play, appealing for income but lacking in growth potential. The company's strategic move towards AI data center infrastructure shows promise and could provide new revenue streams, with an aim for $2 billion by 2028. Despite the current struggles, the consensus suggests that BCE has potential for recovery in the long term, supported by its more manageable payout ratio and recent upgrades from brokers indicating institutional interest.

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Consensus
Hold
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Valuation
Fair Value
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RCI.B
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.
BUY
Has had a nice run, recovering some of pain from unwinding from teachers deal. Great dividend and company is committed to raising it. Lots of free cash flow. This is a good dividend yield play to be in.
TOP PICK
Preferred 4.35% series AG. A perpetual preferred, meaning it can run forever. Trading below its par of $25 at around $17.40. Current yield is over 6%.
BUY
Earnings growth is probably high single digit. Very nice yield at 5.8%.
HOLD
Likes Rogers better. But they have stable cash flow, so much free cash flow. Telcos are not a growth story but a dividend story. BCE will have to increase dividends over the years. Wait for another 10-15%. They are under levered.
BUY
A safe place to park your money and gives a 6% yield. Expects earnings will grow 10% a year. Likes the space and thinks there will be dividend growth.
PAST TOP PICK
(A Top Pick Dec 2/08. Down 7%.) Picked as a low volatility with some value for a defensive play. 5.8% yield. Thinks the dividend will go up.
COMMENT
Strip bonds. Q: When should they get to Par since the company is doing okay? A: Zero discount bonds are issued at a deep discount when bonds are actually stripped so all you are really buying is a cash flow out in the future. Without knowing terms, you have to hold a while before getting back to par.
COMMENT
Getting more competition. Recent earnings were down. Sleepy conservative company at 11X PE. Will be able to maintain the dividend. 13% ROE. Okay if you want dividends but better choices for growth.
HOLD
Just reported and had a pretty good earnings report. If you own this for the yield, you should be fine. Looks interesting and the new team seems to be doing the right thing.
COMMENT
(Market Call Minute.) Pays a good distribution. Biggest danger is that landlines are not the thing of the future and revenue will gradually decline over time.
BUY
Solid dividend of 6.3%. iPhones are now available to Bell subscribers, which should be positive for them. Diversified with home phones, satellite television, etc.
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