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TSE:BCE

BCE (BCE) Stock Price, News & Analysis

C$47.09
-0.07 (-0.15%)
(As of 06/7/2024 08:53 PM ET)
Today's Range
C$47.00
C$47.24
50-Day Range
C$44.23
C$47.25
52-Week Range
C$43.96
C$61.99
Volume
1.70 million shs
Average Volume
2.85 million shs
Market Capitalization
C$42.96 billion
P/E Ratio
24.53
Dividend Yield
8.47%
Price Target
C$52.15

BCE MarketRank™ Stock Analysis

Analyst Rating
Hold
2.30 Rating Score
Upside/​Downside
10.8% Upside
C$52.15 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.04 out of 5 stars

BCE stock logo

About BCE Stock (TSE:BCE)

BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers. This segment also buys and sells local telephone, long distance, and data and other services from or to resellers and other carriers; and operates consumer electronics retail stores. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.

BCE Stock Price History

BCE Stock News Headlines

Should You Load Up on BCE Stock?
BCE Shares Down as 1Q Costs Drag on Profit
See More Headlines
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Company Calendar

Ex-Dividend for 4/15 Dividend
3/14/2024
Dividend Payable
4/15/2024
Last Earnings
5/02/2024
Today
6/09/2024
Ex-Dividend for 7/15 Dividend
6/14/2024
Dividend Payable
7/15/2024
Next Earnings (Estimated)
8/01/2024

Industry, Sector and Symbol

Industry
Telecom Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
45,132
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$52.15
High Stock Price Target
C$60.00
Low Stock Price Target
C$46.00
Potential Upside/Downside
+10.8%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
10 Analysts

Profitability

Net Income
C$1.75 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$24.63 billion
Cash Flow
C$0.59 per share
Book Value
C$18.01 per share

Miscellaneous

Free Float
N/A
Market Cap
C$42.96 billion
Optionable
Not Optionable
Beta
0.44
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Key Executives

  • Mr. Mirko Bibic (Age 56)
    CEO, President & Director
    Comp: $4.56M
  • Mr. Curtis Millen
    Executive VP & CFO
  • Mr. Stephen Guy Howe
    Chief Technology & Information Officer
  • Mr. John Watson (Age 60)
    Group President of Business Markets, Customer Experience & AI
    Comp: $1.78M
  • Thane Fotopoulos
    Vice President of Investor Relations
  • Mr. Robert Malcolmson
    Executive VP and Chief Legal & Regulatory Officer
  • Ms. Nikki Moffat
    Chief Human Resources Officer & Executive VP of Corporate Services
  • Mr. Blaik Kirby
    Group President of Consumer, Small & Medium Business (SMB)
  • Ms. Karine Moses
    Senior VP of Content Development & News and Vice Chair of Québec
  • Ms. Devorah Lithwick
    Senior Vice President & Chief Brand Officer

Should I Buy BCE Stock? BCE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in BCE Inc.:

  • BCE Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company offers a stable dividend yield, providing investors with a reliable income stream.
  • Recent investments in expanding its 5G network infrastructure position BCE Inc. well for future growth in the telecommunications sector.
  • Positive analyst recommendations and outlooks on BCE Inc.'s stock performance can instill confidence in investors.
  • Current stock price of BCE Inc. is trading at an attractive valuation compared to its industry peers, presenting a potential buying opportunity.

Cons

Investors should be bearish about investing in BCE Inc. for these reasons:

  • Increasing competition in the telecommunications industry may put pressure on BCE Inc.'s market share and profitability.
  • Regulatory changes or government interventions could impact BCE Inc.'s operations and financial results.
  • High debt levels relative to earnings could pose a risk to the company's financial stability in uncertain economic conditions.
  • Fluctuations in interest rates may affect BCE Inc.'s borrowing costs and overall financial performance.
  • Market volatility and macroeconomic factors could influence BCE Inc.'s stock price unpredictably, leading to potential investment risks.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, June 5, 2024. Please send any questions or comments about these BCE pros and cons to contact@marketbeat.com.

BCE Stock Analysis - Frequently Asked Questions

Should I buy or sell BCE stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BCE in the last twelve months. There are currently 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BCE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BCE, but not buy additional shares or sell existing shares.
View BCE analyst ratings
or view top-rated stocks.

What is BCE's stock price target for 2024?

10 Wall Street analysts have issued twelve-month target prices for BCE's shares. Their BCE share price targets range from C$46.00 to C$60.00. On average, they expect the company's share price to reach C$52.15 in the next year. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for BCE
or view top-rated stocks among Wall Street analysts.

How have BCE shares performed in 2024?

BCE's stock was trading at C$52.17 on January 1st, 2024. Since then, BCE shares have decreased by 9.7% and is now trading at C$47.09.
View the best growth stocks for 2024 here
.

When is BCE's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our BCE earnings forecast
.

How were BCE's earnings last quarter?

BCE Inc. (TSE:BCE) announced its quarterly earnings data on Thursday, May, 2nd. The company reported $0.72 EPS for the quarter, hitting analysts' consensus estimates of $0.72. The firm had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.09 billion. BCE had a net margin of 7.88% and a trailing twelve-month return on equity of 9.36%.

How often does BCE pay dividends? What is the dividend yield for BCE?

BCE announced a quarterly dividend on Friday, June 14th. Investors of record on Monday, July 15th will be given a dividend of 0.998 per share on Monday, July 15th. This represents a $3.99 dividend on an annualized basis and a dividend yield of 8.48%. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for BCE
.

Is BCE a good dividend stock?

BCE (TSE:BCE) pays an annual dividend of C$3.99 per share and currently has a dividend yield of 8.67%. BCE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 207.81%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BCE.

What other stocks do shareholders of BCE own?
How do I buy shares of BCE?

Shares of BCE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:BCE) was last updated on 6/10/2024 by MarketBeat.com Staff

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