BCE Inc. (BCE)
Communications · NYQ
Price as at 30 Sept 2026, 16:23 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
BCE Inc. trades at $20.45, which is 100% below the $40.97 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 70 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 4.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
BCE dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.947 | 3 |
| 2025 | $1.66 | 4 |
| 2024 | $2.90 | 4 |
| 2023 | $2.86 | 4 |
| 2022 | $2.81 | 4 |
| 2021 | $2.79 | 4 |
| 2020 | $2.49 | 4 |
| 2019 | $2.39 | 4 |
| 2018 | $1.74 | 3 |
| 2017 | $2.22 | 4 |
| 2016 | $2.09 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
BCE earnings and analyst estimates
Recommendation mix, 19 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About BCE Inc.
BCE Inc., a communications company, provides wireless, wireline, internet, streaming services, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Communication and Technology Services Canada, Bell Communication and Technology Services United States, and Bell Media. The Bell Communication and Technology Services Canada segment provides wireless products and services, including mobile data and voice plans, streaming services, and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and AI-driven and business solutions, as well as voice, and other communication services and products, satellite TV and connectivity services for residential, small and medium-sized business, and large enterprise customers. This segment also buys and sells local telephone, long distance, and data and other services to resellers and other carriers. The Bell Communication and Technology Services United States segment provides wireline communication products and services comprising data, including broadband Internet, commercial ethernet, dedicated Internet-non-switched access, and other data transport networking options; and voice, including traditional and voice over Internet protocol voice services, such as local, long distance, and unified communications as a service and video products to residential, business, and wholesale customers. The Bell Media segment provides a portfolio of video, audio, out-of-home advertising, and digital media services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
BCE passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
8 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Andreas Halvorsen, VIKING GLOBAL INVESTORS LP$180.58M · 0.5% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$118.11M · 0.1% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$112.20M · 0.1% of book
- Ken Griffin, CITADEL ADVISORS LLC$33.96M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$16.31M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
BCE peers
The largest companies in the same industry (Telecom Services), then in the same sector.
- NTTYY NTT, Inc.
- AMXOF América Móvil, S.A.B. de C.V.
- KDDIF KDDI Corporation
- SCMWY Swisscom AG
- VOD.L Vodafone Group Public Limited Company
- MTNOY MTN Group Limited
- TEFOF Telefónica, S.A.
- TELNF Telenor ASA
Every communications company we cover is on the Communications hub.
Common questions
Is BCE Inc. (BCE) undervalued?
Against our fair value estimate of $40.97, BCE at $20.45 is 100% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own BCE?
8 of the institutions we track reported a position in BCE in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is BCE's P/E ratio?
BCE trades at 4.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does BCE Inc. (BCE) pay a dividend?
Yes. BCE Inc. yields 5.69% at the current share price. It has paid $1.26 per share over the trailing twelve months. It has paid a dividend in each of the last 38 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its BCE data?
Fundamentals for BCE come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 16:23 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for BCE, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.