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Investor Insights

This summary was created by AI, based on 104 opinions in the last 12 months.

The experts' reviews show a mixed opinion on BCE Inc. Some see the company as struggling with debt, high payout ratios, and limited growth prospects, while others highlight the attractive dividend yield and potential for a rebound. Regulatory challenges, competition in the telecom industry, and concerns about a possible dividend cut are also significant factors impacting the stock. However, there is a consensus that the dividend appears safe for the time being, and the stock may be oversold, potentially presenting a buying opportunity for some investors.

Consensus
Mixed
Valuation
Undervalued
HOLD
BCE Inc.

He won't add now. The dividend is over 10%; the company says it's safe, but the market disagrees, as shares decline. It may make sense for BCE to cut the dividend to pay down debt, but he's comfortable owning this. It's likely bottoming now, but don't buy it now to collect the dividend for the next 5 years (because it could get cut). No, he doesn't like the US acquisition and hopes management sees value in it.

telephone utilities
Unspecified
BCE Inc.

A lot rides on the sustainability of the dividend. 10 1/2% is very attractive for a blue chip Canadian company and should support the stock, but there is downside if they cut the dividend. Interest rate cuts should also help. The P/E's of Canadian telecom companies are higher than around the world and there are higher payout ratios. 

telephone utilities
HOLD
BCE Inc.
BCE vs. Telus

Whole space hasn't done well. He'd focus on Telus, better growth potential. Painful decline is now at least basing.

BCE is close to reaching a bottom and should do OK. 

telephone utilities
WATCH
BCE Inc.

He's in a bit of a conundrum right now given how far it's come down. Yield is now in excess of 10%, which is usually a big warning sign. Dividend is frozen to be able to fund recent US acquisition; first time in a long time they've done that. Company probably loath to cut the dividend; MFC did it, and was in the doghouse for years. If he found a horse with a better total return, he'd switch.

Telecom industry is seeing more competition and fighting for market share. None of the telcos will see much margin expansion in the near term.

telephone utilities
SELL
BCE Inc.
Sell, take the loss?

Tough to be a telecom in Canada, so it's moving beyond our borders with its latest acquisition. CRTC is often overbearing. Capex is not bad in the concentrated GTA, but increases substantially as you go across our big and somewhat underpopulated country. Telus is in the same spot. Hard to hold over the next little while.

Overdone at these levels, will probably bounce over the next 3-6 months. Interest rates coming down should help. 

Makes sense to take the loss to offset other gains, consider getting back in after the waiting period. Thinks it can maintain its dividend. Pays a really nice dividend, and if you need that to live your life, you many not want to sell. 

telephone utilities
SELL ON STRENGTH
BCE Inc.

He did his deeper dive. He's going to sell on strength. Not willing to sell here, but he's not adding. Very discouraged by the company's recent moves.

telephone utilities
SELL
BCE Inc.

He sold with news of recent US acquisition, wouldn't step in today. Company sold MLSE saying proceeds would be used to pay down debt, but then turned around and made an acquisition with a rich purchase price necessitating more debt. More capex now needed. Payout ratio still high.

telephone utilities
DON'T BUY
BCE Inc.

Gave up a golden sports asset to buy a cable asset in the Pacific Northwest, instead of paying down debt. A head-scratcher. Competitive industry; harder to grow revenue, especially when costs are escalating. He owns Telus.

telephone utilities
TOP PICK
BCE Inc.

One of his favourite investing lessons: In 2008, the Teachers Pension Plan was taking this out at $41 + 1 share, above today's level and pre-5G. Didn't sell then, because his mentor said that if the assets are good, then the management is temporary. The market hates what management has done, but they now have built a 5G network and the investments of the last 10 years have made this company worth more than 10 years ago. He's happy to buy this under $40. There could be a change of government next year. It's undervalued now. True, he doesn't like the recent US acquisition, but they can apply lessons learned in building 5G here to there, the U.S. but the selling has been overdone.

(Analysts’ price target is $44.61)
telephone utilities
Unspecified
BCE Inc.

At the present price its dividend yield is 10% and looks secure.The recent acquisition disappointed investors, including him, who were hoping for debt pay-down. He is hoping that the Board knows what they are doing.

telephone utilities
DON'T BUY
BCE Inc.

In general, telcos are a tough area right now; earnings growth is weak. Investors are in wait-and-see mode. Yield is now 10.4%, lots of questions whether it can stay there. Management did say dividend won't increase, but did not say it would decrease and this is a positive sign.

telephone utilities
SELL
BCE Inc.

When a stock's having a hard time, it can get worse. Looked cheap a month ago, but is now even cheaper. When you buy use a stop loss, so that a little mistake doesn't become a big one; this will save your bacon. Steer clear.

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COMMENT
BCE Inc.
Today, they announced they're buying a US fibre network company and will stop growing their dividend until end-2025. Shares are sliding

The sell-off is overdone. They already pay 8%, so do they need to grow that dividend? Pausing the growth is prudent. Also, divesting from major league sports and investing in fibre makes sense (most of that sports money will pay for the fibre company). No, BCE is not headed for disaster.

telephone utilities
HOLD
BCE Inc.

He owns it for the dividend, and so do most Canadians. Not for the growth. He saw the Ziply acquisition headline this morning and just scratched his head. Market's confused too. If pressure remains, will be forced to cut dividend.

He needs to do a deeper dive on this story.

telephone utilities
HOLD
BCE Inc.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We have some comments posted on the deal today. For now, with a 10% decline in the stock, we would hold. But the company may have lost credibility here, and with the dividend set to be flat for awhile we think it may struggle a while longer. But we would prefer not to sell into the 'shock' of the news. 
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BCE Inc.(BCE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 30

Neutral - Hold Signals / Votes : 14

Bearish - Sell Signals / Votes : 35

Total Signals / Votes : 79

Stockchase rating for BCE Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

BCE Inc.(BCE-T) Frequently Asked Questions

What is BCE Inc. stock symbol?

BCE Inc. is a Canadian stock, trading under the symbol BCE-T on the Toronto Stock Exchange (BCE-CT). It is usually referred to as TSX:BCE or BCE-T

Is BCE Inc. a buy or a sell?

In the last year, 79 stock analysts published opinions about BCE-T. 30 analysts recommended to BUY the stock. 35 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BCE Inc..

Is BCE Inc. a good investment or a top pick?

BCE Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for BCE Inc..

Why is BCE Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is BCE Inc. worth watching?

79 stock analysts on Stockchase covered BCE Inc. In the last year. It is a trending stock that is worth watching.

What is BCE Inc. stock price?

On 2024-12-11, BCE Inc. (BCE-T) stock closed at a price of $36.91.