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
Very attractive dividend yield of about 6%. Trades at a pretty low depressed valuation multiple of about 4.5-5 enterprise EBITDA.
SELL
Like a lot of the phone companies it looks reasonably valued on a PE or dividend yield basis but most of them have a lot of debt. For many years they could afford a lot of debt but now they are dicier businesses. He shies away from all telco related companies.
TOP PICK
5.54% maturing Feb 15/17. Likes the corporate bond market. Example of a utility that is offering a very handsome spread over Canada's. Could be some capital gain as well. This company is back to investment grade status.
PAST TOP PICK
(A Top Pick Jan 22/09. Up 1.02%.) Sold most of his holdings at a profit.
COMMENT
Preferred shares. Starting to warm up to this company now. Could be worth looking at.
HOLD
(Market Call Minute) Like other telecoms: very little growth profile. Great free cash flow.
SELL
Would prefer Telus but would not buy it today.
DON'T BUY
Faces challenges in communications sector. Data sales are up but wireless is less than expected. 2% earnings growth forecast.
PAST TOP PICK
(Top Pick Apr 08/08 Down 24%) Failure of takeover was perhaps the best thing that could have happened to it. 6 months or so of the private equity guys pouring through the balance sheets, looking to reduce costs was all a good thing. Valuation-wise he is a little cautious but long time you have a company that can grow dividends.
PAST TOP PICK
(A Top Pick April 11/08. Down 28.36%.) But on the basis to deal with the Teachers would go through but if not, you get a 6% dividend, new management and a good balance sheet. Good solid Hold or a Buy at $25.
TOP PICK
Management has improved. Have cash. Have become competitive again. Would prefer to buy under $25 but okay at this price. 6% yield.
DON'T BUY
Not a big believer in the traditional telecom model. Thinks the cable companies have won and is now a question of time. Can't see them growing the business. Better places to be very
BUY
Great stability and a pretty decent yield. Not tremendous upside potential but at these levels it could trade into the high $20's in 12 months.
BUY
This is a yield play. There will be some fairly decent buying on yield stocks. Has some pretty tough competition. 5.9% yield.
BUY
This is a stock that he thinks could rally by 20%. Very good value scores in the proprietary work that he does. Good yield of about 6%. Payout ratio is acceptable. Relatively low risk.
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