Research Analysts Issue Forecasts for TELUS FY2025 Earnings

Key Points

• Cormark analyst D. Mcfadgen has increased TELUS's FY2025 earnings per share (EPS) estimate to $1.08, up from a prior forecast of $1.03.
• TELUS has also announced a quarterly dividend payout of $0.4163 per share, raising its annualized dividend yield to 7.3%.
• Several analysts have adjusted their price targets for TELUS, with Scotiabank increasing its target to C$26.00 and maintaining an "outperform" rating.

TELUS Co. (TSE:T - Free Report) NYSE: TU - Research analysts at Cormark raised their FY2025 earnings per share estimates for TELUS in a research report issued to clients and investors on Monday, September 8th. Cormark analyst D. Mcfadgen now expects that the company will earn $1.08 per share for the year, up from their prior forecast of $1.03. The consensus estimate for TELUS's current full-year earnings is $1.23 per share. Cormark also issued estimates for TELUS's FY2026 earnings at $1.14 EPS.

Several other research analysts also recently commented on the company. Scotiabank lifted their price objective on TELUS from C$25.00 to C$26.00 and gave the stock an "outperform" rating in a report on Monday. BMO Capital Markets boosted their price objective on TELUS from C$23.00 to C$24.00 and gave the company an "outperform" rating in a research report on Wednesday, July 2nd. Finally, National Bankshares set a C$23.00 price objective on TELUS and gave the company a "sector perform" rating in a research report on Tuesday, August 12th. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of C$23.32.

TELUS Price Performance

Shares of TSE T traded down C$0.02 during midday trading on Tuesday, hitting C$22.10. 2,081,099 shares of the company's stock were exchanged, compared to its average volume of 3,901,797. TELUS has a 12-month low of C$19.10 and a 12-month high of C$23.43. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 183.41. The company has a market cap of C$33.70 billion, a price-to-earnings ratio of 34.00, a PEG ratio of 1.65 and a beta of 0.98. The business's fifty day moving average price is C$22.46 and its two-hundred day moving average price is C$21.81.

TELUS Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 10th will be issued a $0.4163 dividend. This is an increase from TELUS's previous quarterly dividend of $0.40. This represents a $1.67 annualized dividend and a dividend yield of 7.5%. TELUS's dividend payout ratio is presently 247.69%.

About TELUS

Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services.