Research Analysts Issue Forecasts for TELUS Q1 Earnings

TELUS Co. (NYSE:TU - Free Report) TSE: T - Analysts at Cormark issued their Q1 2025 earnings per share estimates for TELUS in a research report issued to clients and investors on Tuesday, May 6th. Cormark analyst D. Mcfadgen expects that the Wireless communications provider will post earnings per share of $0.15 for the quarter. Cormark currently has a "Hold" rating on the stock. The consensus estimate for TELUS's current full-year earnings is $0.71 per share.

Several other brokerages have also recently issued reports on TU. Bank of America cut shares of TELUS from a "buy" rating to a "neutral" rating in a research note on Friday, March 21st. StockNews.com raised TELUS from a "sell" rating to a "hold" rating in a report on Monday, February 10th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, TELUS presently has a consensus rating of "Hold".

TELUS Stock Performance

Shares of NYSE:TU traded up $1.01 during trading on Wednesday, reaching $15.94. The company had a trading volume of 6,111,973 shares, compared to its average volume of 2,900,425. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.68 and a quick ratio of 0.61. The stock's fifty day moving average price is $14.80 and its 200 day moving average price is $14.83. TELUS has a fifty-two week low of $13.24 and a fifty-two week high of $17.27. The firm has a market capitalization of $24.13 billion, a price-to-earnings ratio of 32.53, a price-to-earnings-growth ratio of 5.18 and a beta of 0.73.

TELUS (NYSE:TU - Get Free Report) TSE: T last issued its quarterly earnings results on Thursday, February 13th. The Wireless communications provider reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.02. TELUS had a return on equity of 9.07% and a net margin of 4.85%. The firm had revenue of $3.85 billion for the quarter, compared to analysts' expectations of $3.64 billion. During the same quarter in the previous year, the firm posted $0.10 EPS.

TELUS Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 11th were issued a $0.2829 dividend. The ex-dividend date was Tuesday, March 11th. This represents a $1.13 dividend on an annualized basis and a yield of 7.10%. TELUS's dividend payout ratio (DPR) is presently 226.53%.

Institutional Investors Weigh In On TELUS

A number of hedge funds and other institutional investors have recently modified their holdings of TU. Mackenzie Financial Corp boosted its position in shares of TELUS by 22.6% in the 4th quarter. Mackenzie Financial Corp now owns 49,232,693 shares of the Wireless communications provider's stock worth $667,840,000 after buying an additional 9,068,181 shares in the last quarter. Bank of Nova Scotia raised its position in TELUS by 28.3% during the fourth quarter. Bank of Nova Scotia now owns 30,219,141 shares of the Wireless communications provider's stock worth $409,662,000 after acquiring an additional 6,659,564 shares during the last quarter. Norges Bank acquired a new position in TELUS during the fourth quarter worth about $70,212,000. Mufg Securities Canada LTD. lifted its holdings in shares of TELUS by 68.9% in the fourth quarter. Mufg Securities Canada LTD. now owns 2,236,163 shares of the Wireless communications provider's stock valued at $30,299,000 after purchasing an additional 912,277 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of TELUS by 3.6% in the fourth quarter. Vanguard Group Inc. now owns 25,801,407 shares of the Wireless communications provider's stock valued at $349,841,000 after purchasing an additional 903,921 shares during the last quarter. 49.40% of the stock is currently owned by institutional investors and hedge funds.

About TELUS

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products.