BCE
About: BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with over 10 million customers constituting about 30% of the market. It is also the incumbent local exchange carrier, or ILEC—the legacy telephone provider—throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz.
Employees: 45,132
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
4% more capital invested
Capital invested by funds: $12B [Q2] → $12.5B (+$516M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
0.96% less ownership
Funds ownership: 40.42% [Q2] → 39.46% (-0.96%) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 175
7% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 61
2% less funds holding
Funds holding: 494 [Q2] → 484 (-10) [Q3]
46% less call options, than puts
Call options by funds: $526M | Put options by funds: $973M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$30
28%
upside
Avg. target
$30
28%
upside
High target
$30
28%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Barclays David Joyce 77% 1-year accuracy 10 / 13 met price target | 28%upside $30 | Equal-Weight Maintained | 11 Nov 2024 |
Financial journalist opinion
Based on 6 articles about BCE published over the past 30 days
Negative
Seeking Alpha
21 hours ago
BCE: Locking-In A High Yield
BCE has fallen precipitously since our previous coverage. We examine the competition landscape and tell you why Quebecor's pricing won't last. We tell you why and how we substantially increased our allocation to the company.
Neutral
PRNewsWire
23 hours ago
BCE reports results of Series AE and AF Preferred Share conversions
MONTRÉAL, Jan. 21, 2025 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 8,050 of its 8,779,487 fixed-rate Cumulative Redeemable First Preferred Shares, Series AF ("Series AF Preferred Shares") have been tendered for conversion on February 1, 2025, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series AE ("Series AE Preferred Shares"). In addition, 2,479,334 of its 5,810,913 Series AE Preferred Shares have been tendered for conversion on February 1, 2025, on a one-for-one basis, into Series AF Preferred Shares.
Positive
Seeking Alpha
23 hours ago
Rose's Income Garden Portfolio Revealed: Yield 6.2%/Defensive Sector Winners
The "RIG" portfolio aims for 50% income from defensive sectors and includes 83 stocks across 11+ sectors, focusing on investment-grade stocks. Defensive sectors include consumer staples, healthcare, utilities, and communication/telecom, with top-yield stocks like British American Tobacco and Pfizer. Groups 2 and 3 include defensive financials, bonds, ETFs, and preferred shares, contributing to stable income and meeting the 50% income goal.
Positive
Seeking Alpha
1 day ago
The Value Case For BCE: Why The Market Is Wrong About The Ziply Deal
BCE's recent 44% share price drop is due to concerns over the $7B Ziply acquisition and potential dividend cuts, but the core business remains strong. The Ziply deal offers growth opportunities in the U.S. fiber market, potentially boosting EBITDA and geographic diversification, despite higher capital intensity and execution risks. A dividend cut in 2026 is likely, which could free up cash for debt repayment and growth investments, potentially leading to a share price rebound.
Neutral
PRNewsWire
2 weeks ago
BCE Q4 2024 results and 2025 guidance to be announced February 6
MONTRÉAL, Jan. 2, 2025 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) will hold its fourth-quarter 2024 results and 2025 guidance conference call with the financial community on Thursday, February 6, 2025 at 8:00 am eastern. Participants will include Mirko Bibic, President and Chief Executive Officer, and Curtis Millen, Chief Financial Officer.
Positive
Seeking Alpha
3 weeks ago
BCE: The Ziply Deal Is Not As Bad As It Seems
BCE's sale of MLSE stake to Rogers aimed to streamline the company, but the $5B Ziply Fiber acquisition raised management concerns, leading to a rating downgrade. Despite the market's negative reaction, Ziply Fiber aligns better with BCE's telecom operations, potentially offering higher operating revenues than MLSE. Lower Canadian interest rates and potential tax-loss selling create a buying opportunity for dividend investors, even with the risk of dividend cuts.
Positive
Zacks Investment Research
1 month ago
BCE's Subsidiary Bell Media Teams Up With Lionsgate for New Series
BCE's subsidiary, Bell Media, Lionsgate and Point Grey Pictures collaborate to create Point Grey's debut Canadian scripted TV series.
Positive
Zacks Investment Research
1 month ago
Will BCE Stock Gain From Bell Media's Alliance With Shopsense AI?
BCE's unit Bell Media partners with Shopsense AI to launch shoppable TV in Canada, augmenting viewers' experience.
Neutral
Business Wire
1 month ago
Bell Media and Shopsense AI Bring Curated Shoppable TV to Canadian Viewers
TORONTO--(BUSINESS WIRE)--Bell Media has partnered with Shopsense AI to bring innovative second-screen shopping experiences to millions of Canadian viewers.
Positive
Seeking Alpha
1 month ago
5 Relatively Secure And Cheap Dividend Stocks For December 2024: Yields Up To 9%
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.28%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%.
Charts implemented using Lightweight Charts™