National Bank Financial Reduces Earnings Estimates for TELUS

Key Points

• National Bank Financial has lowered its **FY2025 earnings per share (EPS)** estimate for TELUS from **$1.10 to $1.06**, while the consensus for the current year is **$1.23 per share**.
• TELUS has announced a **quarterly dividend increase** to **$0.4163 per share**, representing an annualized dividend of **$1.67** and a **dividend yield of 7.7%**.
• Despite reduced earnings estimates, TELUS maintains a market cap of **C$32.76 billion**, with its stock currently priced at **C$21.76**.

TELUS Co. (TSE:T - Free Report) NYSE: TU - National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for TELUS in a research note issued on Monday, August 4th. National Bank Financial analyst A. Shine now forecasts that the company will post earnings of $1.06 per share for the year, down from their prior estimate of $1.10. The consensus estimate for TELUS's current full-year earnings is $1.23 per share. National Bank Financial also issued estimates for TELUS's FY2026 earnings at $1.17 EPS.

A number of other analysts also recently weighed in on the company. BMO Capital Markets lifted their price target on TELUS from C$23.00 to C$24.00 and gave the company an "outperform" rating in a research note on Wednesday, July 2nd. Scotiabank set a C$24.50 target price on shares of TELUS and gave the company an "outperform" rating in a report on Friday, June 13th. Canaccord Genuity Group upped their price target on shares of TELUS from C$20.25 to C$21.50 in a report on Monday, May 12th. Finally, National Bankshares raised their price objective on shares of TELUS from C$22.00 to C$23.00 and gave the stock a "sector perform" rating in a research note on Friday, June 6th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of C$23.18.

TELUS Stock Performance

Shares of TELUS stock traded up C$0.01 on Wednesday, hitting C$22.10. The stock had a trading volume of 2,723,424 shares, compared to its average volume of 3,987,679. The stock has a market cap of C$33.27 billion, a price-to-earnings ratio of 35.86, a P/E/G ratio of 1.65 and a beta of 0.72. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 183.41. TELUS has a 52-week low of C$19.10 and a 52-week high of C$23.43. The company's 50 day moving average price is C$22.19 and its 200 day moving average price is C$21.57.

TELUS Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Wednesday, September 10th will be given a $0.4163 dividend. This represents a $1.67 dividend on an annualized basis and a dividend yield of 7.5%. This is an increase from TELUS's previous quarterly dividend of $0.40. TELUS's dividend payout ratio (DPR) is currently 253.11%.

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.