TELUS (TU) Expected to Announce Earnings on Friday

TELUS (NYSE:TU - Get Free Report) TSE: T is projected to post 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 Performance

Shares of TELUS stock traded down $0.22 during trading hours on Monday, reaching $16.24. The company had a trading volume of 2,807,530 shares, compared to its average volume of 2,950,908. TELUS has a one year low of $13.24 and a one year high of $17.26. The business has a fifty day simple moving average of $16.24 and a 200 day simple moving average of $15.32. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.64 and a quick ratio of 0.59. The firm has a market cap of $24.77 billion, a PE ratio of 28.49, a price-to-earnings-growth ratio of 4.99 and a beta of 0.73.

TELUS Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 2nd. Stockholders of record on Tuesday, June 10th were issued a $0.2989 dividend. This is a positive change from TELUS's previous quarterly dividend of $0.28. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date of this dividend was Tuesday, June 10th. TELUS's dividend payout ratio (DPR) is presently 212.28%.

Institutional Investors Weigh In On TELUS

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

Wall Street Analyst Weigh In

TU has been the subject of several research analyst reports. Scotiabank reissued an "outperform" rating on shares of TELUS in a research note on Tuesday, July 15th. National Bankshares reissued a "sector perform" rating on shares of TELUS in a research note on Monday, May 12th. Finally, Canaccord Genuity Group lifted their price objective on TELUS from $20.25 to $21.50 and gave the company a "hold" rating in a research note on Monday, May 12th. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, TELUS presently has a consensus rating of "Hold" and a consensus price target of $21.50.

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.