Desjardins Issues Negative Outlook for TELUS Earnings

Key Points

• Equities analysts from Desjardins have lowered their Q3 2025 earnings estimate for TELUS to $0.18 per share, down from $0.19, while the consensus estimate for full-year earnings remains at $0.71 per share.
• TELUS reported Q2 earnings of $0.16 per share, missing the analysts' expectations of $0.17, despite a revenue increase of 2.2% year-over-year to $3.74 billion.
• The company recently announced an increase in its quarterly dividend to $0.3019 per share, providing a yield of 7.7%, with an ex-dividend date set for September 10th.

TELUS Corporation (NYSE:TU - Free Report) TSE: T - Equities researchers at Desjardins reduced their Q3 2025 earnings per share estimates for TELUS in a note issued to investors on Tuesday, August 5th. Desjardins analyst J. Dubreuil now expects that the Wireless communications provider will earn $0.18 per share for the quarter, down from their previous forecast of $0.19. The consensus estimate for TELUS's current full-year earnings is $0.71 per share. Desjardins also issued estimates for TELUS's FY2026 earnings at $0.77 EPS.

Other analysts have also issued research reports about the stock. Scotiabank reiterated an "outperform" rating on shares of TELUS in a research report on Tuesday, July 15th. Canaccord Genuity Group lifted their price target on TELUS from $20.25 to $21.50 and gave the company a "hold" rating in a research note on Monday, May 12th. Finally, National Bankshares restated a "sector perform" rating on shares of TELUS in a research report on Monday, May 12th. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, TELUS presently has a consensus rating of "Hold" and a consensus price target of $21.50.

TELUS Price Performance

TU traded down $0.01 on Wednesday, hitting $16.08. 2,477,054 shares of the stock were exchanged, compared to its average volume of 3,272,672. The firm has a market capitalization of $24.51 billion, a price-to-earnings ratio of 34.95, a PEG ratio of 4.67 and a beta of 0.73. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.86 and a quick ratio of 0.59. TELUS has a 12 month low of $13.24 and a 12 month high of $17.26. The business has a 50-day moving average of $16.22 and a two-hundred day moving average of $15.42.

TELUS (NYSE:TU - Get Free Report) TSE: T last announced its earnings results on Friday, August 1st. The Wireless communications provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). The business had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.63 billion. TELUS had a return on equity of 9.10% and a net margin of 4.67%. The business's revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.25 EPS.

TELUS Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Wednesday, September 10th will be issued a $0.3019 dividend. The ex-dividend date is Wednesday, September 10th. This is a boost from TELUS's previous quarterly dividend of $0.30. This represents a $1.21 annualized dividend and a yield of 7.5%. TELUS's dividend payout ratio (DPR) is currently 263.04%.

Hedge Funds Weigh In On TELUS

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Mackenzie Financial Corp raised its stake in TELUS by 22.6% during 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 during the period. Bank of Nova Scotia lifted its stake in shares of TELUS by 28.3% in the fourth quarter. Bank of Nova Scotia now owns 30,219,141 shares of the Wireless communications provider's stock valued at $409,662,000 after buying an additional 6,659,564 shares in the last quarter. Vanguard Group Inc. increased its position in shares of TELUS by 1.5% during the first quarter. Vanguard Group Inc. now owns 26,185,917 shares of the Wireless communications provider's stock worth $375,585,000 after acquiring an additional 384,510 shares in the last quarter. Federation des caisses Desjardins du Quebec lifted its position in TELUS by 9.2% in the 1st quarter. Federation des caisses Desjardins du Quebec now owns 22,899,251 shares of the Wireless communications provider's stock valued at $328,588,000 after acquiring an additional 1,938,521 shares in the last quarter. Finally, Scotia Capital Inc. increased its holdings in TELUS by 4.7% during the 1st quarter. Scotia Capital Inc. now owns 18,553,552 shares of the Wireless communications provider's stock worth $266,146,000 after purchasing an additional 831,282 shares in the last quarter. Institutional investors and hedge funds own 49.40% of the company's stock.

TELUS Company Profile

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.