Research Analysts Set Expectations for TELUS FY2025 Earnings

Key Points

• Research analysts at Desjardins have lowered their FY2025 EPS estimate for TELUS to $0.72 per share, down slightly from $0.73, while the consensus estimate stands at $0.71.
• TELUS reported quarterly earnings of $0.16 EPS, missing expectations, despite a revenue increase of 2.2% year-over-year to $3.74 billion.
• The company has declared a quarterly dividend of $0.3019 per share, reflecting a slight increase from the previous dividend of $0.30, with a yield of 7.6%.

TELUS Corporation (NYSE:TU - Free Report) TSE: T - Stock analysts at Desjardins lowered their FY2025 EPS estimates for shares of TELUS in a report issued on Tuesday, August 5th. Desjardins analyst J. Dubreuil now forecasts that the Wireless communications provider will earn $0.72 per share for the year, down from their previous estimate of $0.73. The consensus estimate for TELUS's current full-year earnings is $0.71 per share. Desjardins also issued estimates for TELUS's FY2027 earnings at $0.85 EPS.

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

TELUS Stock Up 0.7%

TELUS stock opened at $15.90 on Thursday. The firm has a market cap of $24.24 billion, a PE ratio of 34.56, a P/E/G ratio of 4.83 and a beta of 0.73. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.59 and a current ratio of 0.86. The firm's 50 day moving average price is $16.22 and its two-hundred day moving average price is $15.41. TELUS has a twelve month low of $13.24 and a twelve month high of $17.26.

TELUS (NYSE:TU - Get Free Report) TSE: T last issued its quarterly earnings results on Friday, August 1st. The Wireless communications provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.01). The firm had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $3.63 billion. TELUS had a net margin of 4.67% and a return on equity of 9.10%. The firm's revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.25 EPS.

TELUS Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 10th will be paid a dividend of $0.3019 per share. This is a positive change from TELUS's previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, September 10th. This represents a $1.21 annualized dividend and a dividend yield of 7.6%. TELUS's dividend payout ratio (DPR) is currently 263.04%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Aviva PLC increased its stake in shares of TELUS by 6.3% during the 2nd quarter. Aviva PLC now owns 366,880 shares of the Wireless communications provider's stock worth $5,891,000 after purchasing an additional 21,850 shares during the last quarter. AGF Management Ltd. grew its stake in TELUS by 313.3% in the 2nd quarter. AGF Management Ltd. now owns 3,174,857 shares of the Wireless communications provider's stock valued at $51,355,000 after buying an additional 2,406,734 shares during the last quarter. Metis Global Partners LLC grew its stake in TELUS by 11.7% in the 2nd quarter. Metis Global Partners LLC now owns 22,242 shares of the Wireless communications provider's stock valued at $357,000 after buying an additional 2,330 shares during the last quarter. Savant Capital LLC acquired a new position in TELUS in the 2nd quarter valued at $201,000. Finally, Achmea Investment Management B.V. grew its stake in TELUS by 2,950.8% in the 2nd quarter. Achmea Investment Management B.V. now owns 34,901 shares of the Wireless communications provider's stock valued at $560,000 after buying an additional 33,757 shares during the last quarter. Institutional investors and hedge funds own 49.40% of the company's stock.

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.

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