TELUS Stock Price, Forecast & Analysis (NYSE:TU)

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

TELUS announced a quarterly dividend on Friday, August 2nd. Stockholders of record on Tuesday, September 10th will be given a dividend of $0.426 per share on Tuesday, October 1st. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date is Monday, September 9th. This is a boost from TELUS's previous quarterly dividend of $0.42. View TELUS's Dividend History.

TELUS Co. (NYSE:TU) announced its quarterly earnings results on Thursday, November, 7th. The Wireless communications provider reported $0.76 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.75 by $0.01. The Wireless communications provider had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.77 billion. TELUS had a return on equity of 16.54% and a net margin of 11.91%. The company's quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.74 EPS. View TELUS's Earnings History.

TELUS is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for TELUS.

7 brokerages have issued twelve-month target prices for TELUS's shares. Their forecasts range from $41.00 to $56.00. On average, they expect TELUS's stock price to reach $49.67 in the next twelve months. This suggests a possible upside of 32.4% from the stock's current price. View Analyst Price Targets for TELUS.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TELUS.

News coverage about TU stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. TELUS earned a news impact score of 3.0 on InfoTrie's scale. They also gave media headlines about the Wireless communications provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for TELUS.

TELUS saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,230,000 shares, an increase of 7.0% from the September 30th total of 1,150,000 shares. Based on an average daily trading volume, of 438,200 shares, the short-interest ratio is presently 2.8 days. Approximately 0.2% of the company's shares are sold short. View TELUS's Current Options Chain.

Some companies that are related to TELUS include Deutsche Telekom (DTEGY), T-Mobile Us (TMUS), Vodafone Group (VOD), Chunghwa Telecom (CHT), China Unicom (Hong Kong) (CHU), SK Telecom (SKM), Mobil'nye Telesistemy PAO (MBT), Hellenic Telecom Organization (HLTOY), Millicom International Cellular (MIICF), VEON (VEON), Millicom International Cellular (TIGO), United States Cellular (USM), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR) and Cellcom Israel (CEL).

Based on aggregate information from My MarketBeat watchlists, some companies that other TELUS investors own include Energy Transfer LP Unit (ET), AT&T (T), Ford Motor (F), Pfizer (PFE), Verizon Communications (VZ), General Electric (GE), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), SunCoke Energy Partners (SXCP) and Cornerstone Strategic Value Fund (CLM).

TELUS's stock is owned by a number of of institutional and retail investors. Top institutional investors include CIBC Asset Management Inc (2.18%), Beutel Goodman & Co Ltd. (1.42%), Letko Brosseau & Associates Inc. (1.36%), Great West Life Assurance Co. Can (1.07%), Massachusetts Financial Services Co. MA (0.99%) and Alberta Investment Management Corp (0.41%).

TU stock was sold by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, CIBC Asset Management Inc, Letko Brosseau & Associates Inc., Assenagon Asset Management S.A., Russell Investments Group Ltd., Cardinal Capital Management Inc., Sumitomo Mitsui Trust Holdings Inc. and Crossmark Global Holdings Inc..

TU stock was bought by a variety of institutional investors in the last quarter, including Beutel Goodman & Co Ltd., QV Investors Inc., First Trust Advisors LP, Massachusetts Financial Services Co. MA, Virginia Retirement Systems ET AL, CWM LLC, Unigestion Holding SA and Great West Life Assurance Co. Can.

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

One share of TU stock can currently be purchased for approximately $37.52.

TELUS has a market capitalization of $22.55 billion and generates $10.77 billion in revenue each year. The Wireless communications provider earns $1.23 billion in net income (profit) each year or $2.14 on an earnings per share basis. TELUS employs 58,000 workers across the globe.View Additional Information About TELUS.

The official website for TELUS is http://www.telus.com/.

TELUS's mailing address is 510 W. GEORGIA STREET 7TH FLOOR, VANCOUVER A1, V6B 0M3. The Wireless communications provider can be reached via phone at 604-697-8044 or via email at [email protected]