TELUS (TU) Expected to Announce Earnings on Friday

TELUS (NYSE:TU - Get Free Report) TSE: T is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Friday, August 1st. Analysts expect TELUS to post earnings of $0.17 per share and revenue of $3.63 billion for the quarter.

TELUS Stock Down 0.3%

NYSE:TU traded down $0.05 during trading hours on Friday, hitting $16.47. The company's stock had a trading volume of 3,369,746 shares, compared to its average volume of 2,960,167. The stock has a market capitalization of $25.12 billion, a P/E ratio of 28.90, a price-to-earnings-growth ratio of 5.01 and a beta of 0.73. The stock has a fifty day moving average of $16.23 and a 200-day moving average of $15.29. The company has a current ratio of 0.64, a quick ratio of 0.59 and a debt-to-equity ratio of 1.49. TELUS has a 52-week low of $13.24 and a 52-week high of $17.26.

TELUS Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 2nd. Investors of record on Tuesday, June 10th were issued a $0.2989 dividend. This represents a $1.20 annualized dividend and a yield of 7.26%. The ex-dividend date was Tuesday, June 10th. This is a positive change from TELUS's previous quarterly dividend of $0.28. TELUS's dividend payout ratio is 212.28%.

Hedge Funds Weigh In On TELUS

An institutional investor recently raised its position in TELUS stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of TELUS Corporation (NYSE:TU - Free Report) TSE: T by 1.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 779,692 shares of the Wireless communications provider's stock after buying an additional 11,900 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.05% of TELUS worth $11,181,000 at the end of the most recent quarter. 49.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on TU shares. Scotiabank reaffirmed an "outperform" rating on shares of TELUS in a report on Tuesday, July 15th. Canaccord Genuity Group raised their price objective on TELUS from $20.25 to $21.50 and gave the stock a "hold" rating in a report on Monday, May 12th. Finally, National Bankshares reaffirmed a "sector perform" rating on shares of TELUS in a report on Monday, May 12th. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, TELUS has a consensus rating of "Hold" and an average target price of $21.50.

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.