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NYSE:TU

TELUS - TU Stock Forecast, Price & News

$23.35
+0.31 (+1.35%)
(As of 08/11/2022 12:00 AM ET)
Add
Compare
Today's Range
$23.07
$23.56
50-Day Range
$21.36
$25.44
52-Week Range
$21.34
$27.50
Volume
1.44 million shs
Average Volume
1.64 million shs
Market Capitalization
$31.99 billion
P/E Ratio
22.03
Dividend Yield
4.64%
Price Target
$34.50

TELUS MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
45.8% Upside
$34.06 Price Target
Short Interest
Healthy
1.03% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of TELUS in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.50%
From $0.96 to $1.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.71 out of 5 stars

Utilities Sector

8th out of 87 stocks

Radiotelephone Communication Industry

2nd out of 9 stocks

TU stock logo

About TELUS (NYSE:TU) Stock

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 revenue; mobile technologies equipment sale; data revenues, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services. The Digitally-Led Customer Experiences segment provides digital customer experience and digital-enablement transformation solutions, including artificial intelligence and content management solutions. It has 16.9 million subscriber connections, which include 9.3 million mobile phone subscribers; 2.1 million connected device subscribers; 2.3 million internet subscribers; 1.1 million residential voice subscribers; 1.3 million TV subscribers; and 804,000 security subscribers. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was incorporated in 1998 and is headquartered in Vancouver, Canada.

TELUS Trading Up 1.6 %

NYSE:TU opened at $23.04 on Thursday. The stock has a 50-day simple moving average of $22.73 and a 200-day simple moving average of $24.38. The stock has a market cap of $31.56 billion, a P/E ratio of 21.74, a P/E/G ratio of 2.44 and a beta of 0.66. TELUS has a 1 year low of $21.34 and a 1 year high of $27.50. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.57 and a current ratio of 0.58.

TELUS (NYSE:TU - Get Rating) (TSE:T) last posted its quarterly earnings data on Friday, August 5th. The Wireless communications provider reported $0.32 EPS for the quarter, beating the consensus estimate of $0.22 by $0.10. The firm had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $4.45 billion. TELUS had a return on equity of 9.57% and a net margin of 10.35%. The firm's revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.21 EPS. As a group, analysts anticipate that TELUS will post 0.96 earnings per share for the current fiscal year.

TELUS Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Friday, September 9th will be issued a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date is Thursday, September 8th. This is a boost from TELUS's previous quarterly dividend of $0.26. TELUS's dividend payout ratio is 100.94%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TU. BMO Capital Markets dropped their price target on TELUS from C$37.00 to C$36.00 in a research report on Friday, June 17th. TD Securities raised TELUS from a "hold" rating to a "buy" rating in a research report on Friday, June 17th. StockNews.com raised TELUS from a "sell" rating to a "hold" rating in a research report on Monday. Barclays downgraded TELUS from an "overweight" rating to an "equal weight" rating and set a $26.00 price objective on the stock. in a research report on Tuesday, May 10th. Finally, Desjardins increased their price target on TELUS from C$34.50 to C$36.00 in a research note on Tuesday, May 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $34.50.

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TU Stock News Headlines

TELUS (NYSE:TU) Upgraded to Hold at StockNews.com
Telus (TU) Q2 Earnings and Revenues Beat Estimates
StockNews.com Lowers TELUS (NYSE:TU) to Sell
See More Headlines
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TU Company Calendar

Ex-Dividend for 7/4 Dividend
6/09/2022
Dividend Payable
7/04/2022
Last Earnings
8/05/2022
Today
8/11/2022
Ex-Dividend for 10/3 Dividend
9/08/2022
Dividend Payable
10/03/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Radiotelephone communication
Sub-Industry
N/A
Sector
Utilities
Fax
N/A
Employees
90,800
Year Founded
1990

Price Target and Rating

Average Stock Price Forecast
$34.06
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+47.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$1.32 billion
Pretax Margin
14.45%

Debt

Sales & Book Value

Annual Sales
$13.77 billion
Cash Flow
$2.79 per share
Book Value
$9.53 per share

Miscellaneous

Outstanding Shares
1,370,000,000
Free Float
N/A
Market Cap
$31.99 billion
Optionable
Optionable
Beta
0.66

Social Links


Key Executives

  • Mr. Darren Entwistle B.A. (Age 58)
    LL.D., M.B.A., Pres, CEO & Director
    Comp: $2.17M
  • Mr. Douglas French (Age 56)
    Exec. VP & CFO
    Comp: $1.01M
  • Mr. Tony Geheran (Age 59)
    COO & EVP
    Comp: $1.02M
  • Mr. Eros Spadotto
    Exec. Officer
  • Mr. François Gratton
    Exec. Officer
  • Robert Mitchell
    Head of Investor Relations
  • Ms. Andrea Louise Wood
    Chief Legal & Governance Officer
  • Jill Schnarr
    Chief Communications Officer
  • Ms. Sandy McIntosh
    Exec. VP of People & Culture and Chief HR Officer
  • Mr. Francois Cote (Age 64)
    Exec. VP













TU Stock - Frequently Asked Questions

Should I buy or sell TELUS stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TU shares.
View TU analyst ratings
or view top-rated stocks.

What is TELUS's stock price forecast for 2022?

7 Wall Street analysts have issued 1-year price objectives for TELUS's shares. Their TU share price forecasts range from $26.00 to $38.00. On average, they expect the company's share price to reach $34.50 in the next year. This suggests a possible upside of 46.6% from the stock's current price.
View analysts price targets for TU
or view top-rated stocks among Wall Street analysts.

How have TU shares performed in 2022?

TELUS's stock was trading at $23.57 at the start of the year. Since then, TU stock has decreased by 0.1% and is now trading at $23.54.
View the best growth stocks for 2022 here
.

Are investors shorting TELUS?

TELUS saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 15,170,000 shares, an increase of 100.9% from the June 15th total of 7,550,000 shares. Based on an average daily trading volume, of 1,810,000 shares, the short-interest ratio is presently 8.4 days.
View TELUS's Short Interest
.

When is TELUS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our TU earnings forecast
.

How were TELUS's earnings last quarter?

TELUS Co. (NYSE:TU) issued its quarterly earnings data on Friday, August, 5th. The Wireless communications provider reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $0.10. The Wireless communications provider earned $4.37 billion during the quarter, compared to the consensus estimate of $4.45 billion. TELUS had a trailing twelve-month return on equity of 9.57% and a net margin of 10.35%. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.21 earnings per share.

How often does TELUS pay dividends? What is the dividend yield for TELUS?

TELUS declared a quarterly dividend on Friday, August 5th. Investors of record on Friday, September 9th will be given a dividend of $0.265 per share on Monday, October 3rd. This represents a $1.06 annualized dividend and a yield of 4.50%. The ex-dividend date of this dividend is Thursday, September 8th. This is a boost from the stock's previous quarterly dividend of $0.26.
Read our dividend analysis for TU
.

Is TELUS a good dividend stock?

TELUS (NYSE:TU) pays an annual dividend of $1.07 per share and currently has a dividend yield of 4.72%. TU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 100.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TU will have a dividend payout ratio of 99.07% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TU.

When did TELUS's stock split?

Shares of TELUS split on the morning of Wednesday, March 18th 2020. The 2-1 split was announced on Thursday, February 13th 2020. The newly created shares were issued to shareholders after the market closes on Tuesday, March 17th 2020. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has TELUS issued on next quarter's earnings?

TELUS updated its FY 2022 earnings guidance on Monday, June, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $14.71 billion-$14.98 billion.

What is Darren Entwistle's approval rating as TELUS's CEO?

330 employees have rated TELUS Chief Executive Officer Darren Entwistle on Glassdoor.com. Darren Entwistle has an approval rating of 84% among the company's employees.

What other stocks do shareholders of TELUS own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TELUS investors own include AT&T (T), Pfizer (PFE), Verizon Communications (VZ), Energy Transfer (ET), AbbVie (ABBV), Intel (INTC), Altria Group (MO), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ) and Walmart (WMT).

What is TELUS's stock symbol?

TELUS trades on the New York Stock Exchange (NYSE) under the ticker symbol "TU."

Who are TELUS's major shareholders?

TELUS's stock is owned by a number of retail and institutional investors. Top institutional investors include Mackenzie Financial Corp (3.37%), TD Asset Management Inc. (3.01%), Bank of Nova Scotia (1.53%), Connor Clark & Lunn Investment Management Ltd. (0.99%), Fiera Capital Corp (0.97%) and Scotia Capital Inc. (0.90%).

How do I buy shares of TELUS?

Shares of TU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TELUS's stock price today?

One share of TU stock can currently be purchased for approximately $23.54.

How much money does TELUS make?

TELUS (NYSE:TU) has a market capitalization of $32.25 billion and generates $13.77 billion in revenue each year. The Wireless communications provider earns $1.32 billion in net income (profit) each year or $1.06 on an earnings per share basis.

How many employees does TELUS have?

The company employs 90,800 workers across the globe.

Does TELUS have any subsidiaries?

The following companies are subsidiares of TELUS: ADT, AFS Technologies Inc, Assurent Secure Technologies, Blacksmith Applications, Competence Call Center, Decisive Farming, Emergis Inc, Equinoxe Virtual Clinic Corp., Fastvibe Corp., Kinlogix, Lionbridge AI, Medisys Health Group, Mobile Klinik, NIghtingale - Canadian Assets, Price's Alarms, Public Mobile, TELUS Communications, TELUS Employer Solutions Inc, TELUS International (Cda) Inc, Wolf Medical Systems Corp., and mobilicity.
Read More

When was TELUS founded?

TELUS was founded in 1990.

How can I contact TELUS?

TELUS's mailing address is 510 West Georgia Street, Vancouver A1, V6B 0M3. The official website for the company is www.telus.com. The Wireless communications provider can be reached via phone at (604) 697-8044 or via email at ir@telus.com.

This page (NYSE:TU) was last updated on 8/11/2022 by MarketBeat.com Staff

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