NYSE:TU - TELUS Stock Price, Forecast & News

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

TELUS announced a quarterly dividend on Friday, August 2nd. Investors of record on Tuesday, September 10th will be paid a dividend of $0.426 per share on Tuesday, October 1st. This represents a $1.70 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend 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 EPS for the quarter, beating the Zacks' consensus estimate of $0.75 by $0.01. The Wireless communications provider earned $3.70 billion during 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 firm's revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the business 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 stock. Their forecasts range from $41.00 to $56.00. On average, they anticipate TELUS's stock price to reach $49.67 in the next twelve months. This suggests a possible upside of 30.5% 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.

Press coverage about TU stock has trended negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TELUS earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news articles about the Wireless communications provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the immediate future. View News Stories for TELUS.

TELUS saw a drop in short interest during the month of November. As of November 29th, there was short interest totalling 1,710,000 shares, a drop of 15.8% from the November 14th total of 2,030,000 shares. Based on an average daily volume of 431,600 shares, the days-to-cover ratio is presently 4.0 days. Currently, 0.3% of the shares of the company are short sold. 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), Millicom International Cellular (TIGO), VEON (VEON), 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 AT&T (T), Energy Transfer LP Unit (ET), Ford Motor (F), Verizon Communications (VZ), General Electric (GE), Pfizer (PFE), 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 variety of of institutional and retail investors. Top institutional shareholders 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 Millennium Management LLC, Alberta Investment Management Corp, Man Group plc, CIBC Asset Management Inc, Letko Brosseau & Associates Inc., Assenagon Asset Management S.A., Russell Investments Group Ltd. and Cardinal Capital Management Inc..

TU stock was acquired 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, Ilmarinen Mutual Pension Insurance Co, Barclays PLC and CWM LLC.

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 $38.07.

TELUS has a market capitalization of $22.99 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]