Should I buy or sell BCE stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BCE in the last twelve months. There are currently 8 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?

11 analysts have issued 1-year target prices for BCE's stock. Their BCE share price targets range from C$55.00 to C$68.00. On average, they anticipate the company's share price to reach C$58.23 in the next twelve months. This suggests a possible upside of 7.1% 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 2023?

BCE's stock was trading at C$59.49 at the start of the year. Since then, BCE shares have decreased by 8.6% and is now trading at C$54.39. View the best growth stocks for 2023 here .

When is BCE's next earnings date?

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

How were BCE's earnings last quarter?

BCE Inc. (TSE:BCE) issued its earnings results on Thursday, November, 2nd. The company reported $0.81 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.81. The company earned $6.08 billion during the quarter, compared to analysts' expectations of $6.21 billion. BCE had a trailing twelve-month return on equity of 11.10% and a net margin of 9.76%.

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

BCE announced a quarterly dividend on Thursday, December 14th. Investors of record on Friday, December 15th will be paid a dividend of 0.9675 per share on Monday, January 15th. This represents a $3.87 dividend on an annualized basis and a yield of 7.12%. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from the stock's previous quarterly dividend of C$0.97. Read our dividend analysis for BCE .

Is BCE a good dividend stock?

BCE (TSE:BCE) pays an annual dividend of C$3.87 per share and currently has a dividend yield of 7.20%. BCE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 158.61%. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other BCE investors own include Intact Financial (IFC) , Constellation Software (CSU) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , Vermilion Energy (VET) , Toronto-Dominion Bank (TD) , Open Text (OTEX) and Rogers Communications (RCI) .

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 .

BCE Stock Price, News & Analysis (TSE:BCE)

C$54.39

+0.96 (+1.80%)

(As of 12/1/2023 ET)

Compare

Today's Range: C$53.40
▼
C$54.54
50-Day Range: C$49.88
▼
C$54.52
52-Week Range: C$49.57
▼
C$65.66

Volume: 3.12 million shs
Average Volume: 2.15 million shs
Market Capitalization: C$49.62 billion

P/E Ratio: 22.29
Dividend Yield: 7.12%
Price Target: C$58.23

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

BCE MarketRank™ Stock Analysis

Analyst Rating: Hold
2.27 Rating Score
Upside/Downside: 7.1% Upside
C$58.23 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.35
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.59 out of 5 stars

2.1

Analyst's Opinion

Consensus Rating
BCE has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 3 buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$58.23, BCE has a forecasted upside of 7.1% from its current price of C$54.39.
Amount of Analyst Coverage
BCE has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for BCE.

1.7

Dividend Strength

Dividend Leadership
BCE is a leading dividend payer. It pays a dividend yield of 7.20%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
BCE does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of BCE is 158.61%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BCE.

1.3

News and Social Media Coverage

News Sentiment
BCE has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Communication Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for BCE this week, compared to 5 articles on an average week.
Search Interest
Only 34 people have searched for BCE on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added BCE to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BCE insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.02% of the stock of BCE is held by insiders.
Percentage Held by Institutions
47.74% of the stock of BCE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of BCE is 22.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of BCE is 22.29, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 343.27.
Price to Earnings Growth Ratio
BCE has a PEG Ratio of 3.71. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
BCE has a P/B Ratio of 2.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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 three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers integrated digital wireless voice and data communication products and services, as well as consumer electronics products. The Bell Wireline segment offers data, including Internet access and Internet protocol television (IPTV), local telephone, and long distance services, as well as other communication services and products; and satellite TV service and connectivity services. This segment also buys and sells local telephone, long distance, data, and other services from or to resellers and other carriers. 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

30 days | 90 days | 365 days | Advanced Chart

BCE Stock News Headlines

November 30, 2023 | msn.com

High-Yield Passive Income: 2 Stocks to Own Heading Into 2024

November 30, 2023 | bbc.com

Miami’s little-known Indigenous history

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 24, 2023 | msn.com

Down 11% Year to Date, Is BCE Stock a Buy Today?

November 24, 2023 | msn.com

This City In Asia Is A Great Addition To Any History Buff's Bucket List

November 22, 2023 | msn.com

Better Buy: Telus Stock or BCE Stock?

November 22, 2023 | bloomberg.com

BCE advierte mayor riesgo de estabilidad por debilidad económica

November 22, 2023 | msn.com

BCE Stock Looks Like a Dividend Steal Right Now

December 3, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 22, 2023 | msn.com

Bell Canada (TSE:BCE) Comes Out Hard on Streaming

November 21, 2023 | theglobeandmail.com

Closing Bell: BCE Inc Series Z up on Monday (BCE-PR-Z)

November 20, 2023 | seekingalpha.com

BCE: A Deep Value Play With An Above 7% Dividend Yield

November 17, 2023 | msn.com

Better Telecom Buy: Telus Stock or BCE?

November 17, 2023 | msn.com

Should You Buy BCE Stock for its 7% Dividend Yield?

November 13, 2023 | msn.com

Is BCE Stock or TC Energy Stock a Better Buy for Passive Income?

November 11, 2023 | theglobeandmail.com

Closing Bell: BCE Inc Pref Shares Series Ad up on Friday (BCE-PR-D)

November 10, 2023 | bloomberg.com

Mantener tasa del BCE en 4% debería ayudar con precios: Lagarde

November 10, 2023 | msn.com

Which Telecom Giant Offers the Safer Dividend: BCE Stock or Telus?

November 9, 2023 | theglobeandmail.com

Closing Bell: BCE Inc Pref Shares Series Am up on Wednesday (BCE-PR-M)

November 9, 2023 | theglobeandmail.com

Closing Bell: BCE Inc Pr Shares Series AC up on Wednesday (BCE-PR-C)

November 8, 2023 | ca.finance.yahoo.com

Top headlines: BCE to slash spending by $1 billion after CRTC ruling

November 8, 2023 | msn.com

BCE Stock: Should You Buy, Hold, or Sell?

November 7, 2023 | finance.yahoo.com

BCE Inc.: BCE: Firm Will Successfully Navigate Requirement to Offer Wholesale Access to Its Fiber Network

November 7, 2023 | theglobeandmail.com

BCE: Stocks Analysts Recently Downgraded on TSX (BCE)

November 7, 2023 | msn.com

With a Yield of 7%, Is it Time to Buy BCE Stock?

November 7, 2023 | financialpost.com

Canada's largest telecom BCE cuts spending after blow from regulator

November 7, 2023 | theglobeandmail.com

Closing Bell: BCE Inc Pref Sh Series Aj down on Monday (BCE-PR-J)

See More Headlines

Receive BCE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for BCE and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 10/15 Dividend: 9/14/2023
Dividend Payable: 10/15/2023
Last Earnings: 11/02/2023
Today: 12/02/2023
Ex-Dividend for 1/15 Dividend: 12/14/2023
Dividend Payable: 1/15/2024
Next Earnings (Estimated): 2/01/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Telecom Services
Sub-Industry: N/A
Sector: Communication Services
Current Symbol: TSE:BCE
CUSIP: N/A
CIK: N/A
Web: www.bce.ca
Phone: +1-514-7868424
Fax: N/A
Employees: 44,610
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$58.23
High Stock Price Target: C$68.00
Low Stock Price Target: C$55.00
Potential Upside/Downside: +7.1%
Consensus Rating: Hold
Rating Score (0-4): 2.27
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.44
Trailing P/E Ratio: 22.29
Forward P/E Ratio: 16.64
P/E Growth: 3.71
Net Income: C$2.22 billion
Net Margins: 9.76%
Pretax Margin: N/A
Return on Equity: 11.10%
Return on Assets: 4.97%

Debt

Debt-to-Equity Ratio: 162.87
Current Ratio: 0.57
Quick Ratio: 0.43

Sales & Book Value

Annual Sales: C$24.64 billion
Price / Sales: 2.01
Cash Flow: C$0.69 per share
Price / Cash Flow: 79.17
Book Value: C$18.89 per share
Price / Book: 2.88

Miscellaneous

Outstanding Shares: 912,270,000
Free Float: N/A
Market Cap: C$49.62 billion
Optionable: Not Optionable
Beta: 0.52

Beginner's Guide to Pot Stock Investing

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

Mr. Mirko Bibic (Age 55)
CEO, President & Director
Comp: $4.69M

Key Competitors

View All Competitors

Should I Buy BCE Stock? BCE Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of BCE was last updated on Monday, November 27, 2023 at 10:28 AM.

Pros

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

BCE Inc. is a well-established communications company in Canada, providing a wide range of services including wireless, wireline, Internet, and television services.
The company operates through three segments, Bell Wireless, Bell Wireline, and Bell Media, which allows for diversification and potential growth opportunities.
BCE Inc. offers integrated digital wireless voice and data communication products and services, catering to the increasing demand for connectivity in today's digital world.
The Bell Media segment provides various media services, including conventional TV, specialty TV, pay TV, streaming services, and digital media services, which can tap into the growing digital entertainment market.
Recent developments and investments in technology and infrastructure by BCE Inc. indicate a commitment to staying competitive and meeting the evolving needs of customers.

Cons

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

The telecommunications industry is highly competitive, and BCE Inc. faces competition from other major players in the market.
Regulatory changes and government policies can impact the operations and profitability of telecommunications companies like BCE Inc.
Fluctuations in the economy and consumer spending patterns can affect the demand for communication services, potentially impacting BCE Inc.'s revenue.
Investors should consider the current stock price and evaluate whether it aligns with their investment goals and risk tolerance.
It is important for investors to stay updated on the latest financial reports and news related to BCE Inc. to make informed investment decisions.

BCE Stock Analysis - Frequently Asked Questions

Should I buy or sell BCE stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BCE in the last twelve months. There are currently 8 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?: 11 analysts have issued 1-year target prices for BCE's stock. Their BCE share price targets range from C$55.00 to C$68.00. On average, they anticipate the company's share price to reach C$58.23 in the next twelve months. This suggests a possible upside of 7.1% 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 2023?: BCE's stock was trading at C$59.49 at the start of the year. Since then, BCE shares have decreased by 8.6% and is now trading at C$54.39.
View the best growth stocks for 2023 here.
When is BCE's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our BCE earnings forecast.
How were BCE's earnings last quarter?: BCE Inc. (TSE:BCE) issued its earnings results on Thursday, November, 2nd. The company reported $0.81 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.81. The company earned $6.08 billion during the quarter, compared to analysts' expectations of $6.21 billion. BCE had a trailing twelve-month return on equity of 11.10% and a net margin of 9.76%.

How often does BCE pay dividends? What is the dividend yield for BCE?: BCE announced a quarterly dividend on Thursday, December 14th. Investors of record on Friday, December 15th will be paid a dividend of 0.9675 per share on Monday, January 15th. This represents a $3.87 dividend on an annualized basis and a yield of 7.12%. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from the stock's previous quarterly dividend of C$0.97.
Read our dividend analysis for BCE.
Is BCE a good dividend stock?: BCE (TSE:BCE) pays an annual dividend of C$3.87 per share and currently has a dividend yield of 7.20%. BCE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 158.61%. 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?: Based on aggregate information from My MarketBeat watchlists, some companies that other BCE investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Open Text (OTEX) and Rogers Communications (RCI).
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 12/3/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

BCE Stock Price, News & Analysis (TSE:BCE)

BCE MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About BCE Stock (TSE:BCE)

BCE Stock Price History

BCE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Should I Buy BCE Stock? BCE Pros and Cons Explained

Pros

Cons

BCE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™