NYSE:TU TELUS (TU) Stock Forecast, Price & News $18.97 -0.29 (-1.51%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$18.89▼$19.2350-Day Range$19.26▼$21.3452-Week Range$18.85▼$25.50Volume2.06 million shsAverage Volume1.48 million shsMarket Capitalization$27.32 billionP/E Ratio24.01Dividend Yield5.64%Price Target$30.88 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media TELUS MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside62.8% Upside$30.88 Price TargetShort InterestHealthy0.81% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.18Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth15.19%From $0.79 to $0.91 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.67 out of 5 starsUtilities Sector19th out of 84 stocksRadiotelephone Communication Industry2nd out of 9 stocks 3.3 Analyst's Opinion Consensus RatingTELUS has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.88, TELUS has a forecasted upside of 62.8% from its current price of $18.97.Amount of Analyst CoverageTELUS has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.81% of the outstanding shares of TELUS have been sold short.Short Interest Ratio / Days to CoverTELUS has a short interest ratio ("days to cover") of 8.2.Change versus previous monthShort interest in TELUS has recently decreased by 2.99%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipTELUS is a leading dividend payer. It pays a dividend yield of 5.32%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTELUS has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of TELUS is 135.44%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, TELUS will have a dividend payout ratio of 117.58% in the coming year. This indicates that TELUS may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TU. Previous Next 2.3 News and Social Media Coverage News SentimentTELUS has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for TELUS this week, compared to 4 articles on an average week.Search Interest4 people have searched for TU on MarketBeat in the last 30 days. MarketBeat Follows5 people have added TELUS to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TELUS insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.09% of the stock of TELUS is held by insiders.Percentage Held by Institutions51.42% of the stock of TELUS is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for TELUS are expected to grow by 15.19% in the coming year, from $0.79 to $0.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TELUS is 24.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.38.Price to Earnings Ratio vs. SectorThe P/E ratio of TELUS is 24.01, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 90.74.Price to Earnings Growth RatioTELUS has a PEG Ratio of 2.77. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTELUS has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TELUS (NYSE:TU) StockTELUS Corp. is a telecommunications company, which engages in the provision of telecommunication services and products primarily for wireless and wireline voice and data. It operates through the following segments: TELUS Technology Solutions (TTech) and Digitally-led Customer ExperiencesTELUS International (DLCX). The TTech segment includes network revenues and equipment sales arising from mobile technologies, data revenues, healthcare software and technology solutions, voice and other telecommunications services revenues, and equipment sales. The DLCX segment is composed of digital customer experience and digital-enablement transformation solutions, including artificial intelligence and content management solutions, provided by TELUS International. The company was founded on October 4, 1990 and is headquartered in Vancouver, Canada.Read More Receive TU Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TELUS and its competitors with MarketBeat's FREE daily newsletter. Email Address TU Stock News HeadlinesMay 27, 2023 | msn.comTelus workers in fight as company moving part of AirBnB service to Romania baseMay 24, 2023 | baystreet.caTelus Offers Buyout Packages To Thousands Of StaffMay 31, 2023 | Behind the Markets (Ad)Is This The End Of Your Retirement?Soon, the U.S. Government is going to make an announcement that could radically alter your retirement. Two of America's largest banks - Goldman Sachs and J.P. Morgan - have quietly warned their richest clients to prepare for it. The clock is ticking. Find out How to Protect Yourself from the Greatest Crisis Facing Retirees in 70 Years before it's too late.May 23, 2023 | baystreet.caTelus Offers Buyout Packages To Hundreds Of StaffMay 23, 2023 | msn.comTELUS to invest $18.5B in British Columbia over five yearsMay 23, 2023 | finance.yahoo.comTELUS investing $28 billion in Ontario through 2027 to support vital network connectivity, sustainability and innovationMay 22, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on TELUS (NYSE:TU)May 20, 2023 | thestreet.comTelus Stock Hits New 52-Week High (TU)May 31, 2023 | Behind the Markets (Ad)Is This The End Of Your Retirement?Soon, the U.S. Government is going to make an announcement that could radically alter your retirement. Two of America's largest banks - Goldman Sachs and J.P. Morgan - have quietly warned their richest clients to prepare for it. The clock is ticking. Find out How to Protect Yourself from the Greatest Crisis Facing Retirees in 70 Years before it's too late.May 16, 2023 | finance.yahoo.comTELUS acquires additional shares of TELUS International through agreement with Baring Private Equity AsiaMay 10, 2023 | americanbankingnews.comTELUS (NYSE:TU) Price Target Lowered to $21.00 at BarclaysMay 9, 2023 | americanbankingnews.comTELUS (NYSE:TU) Price Target Increased to C$32.00 by Analysts at TD SecuritiesMay 8, 2023 | americanbankingnews.comTELUS (NYSE:TU) Price Target Raised to C$33.00May 5, 2023 | finance.yahoo.comTELUS (TU) Q1 Earnings Miss Estimates, Revenues Rise Y/YMay 5, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for TELUS Co. Decreased by Analyst (NYSE:TU)May 5, 2023 | americanbankingnews.comTELUS Co. Forecasted to Earn Q1 2023 Earnings of $0.20 Per Share (NYSE:TU)May 4, 2023 | finance.yahoo.comTelus Clocks 163K Customer Additions in Q1, Sees Strong Topline GrowthMay 2, 2023 | finance.yahoo.comTELUS Days of Giving, now in its 18th year, will mobilize 75,000 volunteers around the globe in 2023 to build stronger and healthier communitiesApril 29, 2023 | seekingalpha.comTELUS: Strategic Acquisitions Creating Diversified GrowthApril 17, 2023 | finance.yahoo.comMiovision’s global ambitions attract $260M investmentApril 15, 2023 | markets.businessinsider.comTelus (TU): New Buy Recommendation for This Technology GiantApril 11, 2023 | finance.yahoo.comInterview and Photo Opportunity - TELUS and Old Brewery Mission partner to provide healthcare to Montreal’s homeless communityApril 1, 2023 | americanbankingnews.comTELUS Co. (NYSE:TU) to Post Q1 2023 Earnings of $0.18 Per Share, National Bank Financial ForecastsMarch 1, 2023 | finance.yahoo.comTELUS (TSE:T) Will Be Hoping To Turn Its Returns On Capital AroundFebruary 23, 2023 | finance.yahoo.comTELUS Partners With AWS For Smart Living SolutionsFebruary 20, 2023 | finance.yahoo.comTELUS survey shows 80% of Canadians feel happier after watching animal videos onlineFebruary 10, 2023 | finance.yahoo.comTELUS announces the appointment of the Honourable John Manley as Chair of the BoardSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TU Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TELUS and its competitors with MarketBeat's FREE daily newsletter. Email Address TU Company Calendar Last Earnings11/05/2021Ex-Dividend for 4/3 Dividend3/09/2023Dividend Payable4/03/2023Today5/31/2023Ex-Dividend for 7/4 Dividend6/08/2023Dividend Payable7/04/2023Next Earnings (Estimated)8/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Radiotelephone communication Sub-IndustryN/A SectorUtilities Current SymbolNYSE:TU CUSIPN/A CIK868675 Webwww.telus.com Phone(604) 697-8044FaxN/AEmployees108,500Year Founded1990Price Target and Rating Average Stock Price Forecast$30.88 High Stock Price Forecast$34.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+61.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.79 Trailing P/E Ratio24.20 Forward P/E Ratio24.20 P/E Growth2.77Net Income$1.24 billion Net Margins7.65% Pretax Margin10.81% Return on Equity9.14% Return on Assets3.01% Debt Debt-to-Equity Ratio1.35 Current Ratio0.75 Quick Ratio0.68 Sales & Book Value Annual Sales$18.96 billion Price / Sales1.45 Cash Flow$2.70 per share Price / Cash Flow7.07 Book Value$9.15 per share Price / Book2.09Miscellaneous Outstanding Shares1,440,000,000Free Float1,438,704,000Market Cap$27.53 billion OptionableOptionable Beta0.74 Social Links Key ExecutivesDarren EntwistlePresident, Chief Executive Officer & DirectorTony GeheranChief Operating Officer & Executive Vice PresidentDoug FrenchChief Financial Officer & Executive Vice PresidentNavin AroraExecutive Vice PresidentFrançois GrattonExecutive Vice PresidentKey CompetitorsChunghwa TelecomNYSE:CHTAmerican Water WorksNYSE:AWKWEC Energy GroupNYSE:WECPublic Service Enterprise GroupNYSE:PEGEdison InternationalNYSE:EIXView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Sold 67,169 shares on 5/22/2023Ownership: 0.044%JPMorgan Chase & Co.Sold 20,295 shares on 5/18/2023Ownership: 0.240%Harvest Portfolios Group Inc.Bought 309,136 shares on 5/18/2023Ownership: 0.021%Rockefeller Capital Management L.P.Bought 259,718 shares on 5/17/2023Ownership: 0.057%Advisory Services Network LLCBought 7,797 shares on 5/17/2023Ownership: 0.001%View All Institutional Transactions TU Stock - Frequently Asked Questions Should I buy or sell TELUS stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last twelve months. There are currently 1 hold rating and 2 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 2023? 3 brokers have issued 1-year price targets for TELUS's shares. Their TU share price forecasts range from $21.00 to $34.00. On average, they anticipate the company's share price to reach $30.88 in the next twelve months. This suggests a possible upside of 61.5% 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 2023? TELUS's stock was trading at $19.31 at the beginning of the year. Since then, TU stock has decreased by 1.0% and is now trading at $19.12. View the best growth stocks for 2023 here. Are investors shorting TELUS? TELUS saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 12,030,000 shares, a drop of 16.5% from the April 15th total of 14,410,000 shares. Based on an average daily trading volume, of 1,550,000 shares, the days-to-cover ratio is presently 7.8 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, August 4th 2023. View our TU earnings forecast. How were TELUS's earnings last quarter? TELUS Co. (NYSE:TU) issued its quarterly earnings results on Friday, November, 5th. The Wireless communications provider reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. The Wireless communications provider had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.29 billion. TELUS had a trailing twelve-month return on equity of 9.14% and a net margin of 7.65%. The firm's quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 EPS. How often does TELUS pay dividends? What is the dividend yield for TELUS? TELUS declared a quarterly dividend on Thursday, May 4th. Shareholders of record on Friday, June 9th will be paid a dividend of $0.268 per share on Tuesday, July 4th. This represents a $1.07 annualized dividend and a yield of 5.61%. The ex-dividend date is Thursday, June 8th. This is a positive change 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 5.32%. 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 135.44%. 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 117.58% 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? TELUS's stock split on Wednesday, March 18th 2020. The 2-1 split was announced on Thursday, February 13th 2020. The newly issued shares were distributed to shareholders after the closing bell 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 issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $15.12 billion-$15.53 billion, compared to the consensus revenue estimate of $15.07 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 variety of institutional and retail investors. Top institutional investors include Mackenzie Financial Corp (4.23%), 1832 Asset Management L.P. (2.05%), CIBC Asset Management Inc (1.61%), National Bank of Canada FI (1.27%), Toronto Dominion Bank (1.02%) and Scotia Capital Inc. (0.98%). 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 $19.12. How much money does TELUS make? TELUS (NYSE:TU) has a market capitalization of $27.53 billion and generates $18.96 billion in revenue each year. The Wireless communications provider earns $1.24 billion in net income (profit) each year or $0.79 on an earnings per share basis. How many employees does TELUS have? The company employs 108,500 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 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 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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