NYSE:TU - TELUS Stock Price, Forecast & News

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

TELUS declared a quarterly dividend on Thursday, February 13th. Investors of record on Wednesday, March 11th will be paid a dividend of $0.44 per share on Wednesday, April 1st. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date is Tuesday, March 10th. This is a boost from TELUS's previous quarterly dividend of $0.43. View TELUS's Dividend History.

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

TELUS Co. (NYSE:TU) posted its quarterly earnings results on Thursday, February, 13th. The Wireless communications provider reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.15. The Wireless communications provider earned $3.86 billion during the quarter, compared to the consensus estimate of $3.85 billion. TELUS had a net margin of 11.92% and a return on equity of 16.37%. The company's revenue was up 2.5% on a year-over-year basis. During the same period last year, the firm posted $0.69 earnings per share. View TELUS's Earnings History.

TELUS is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for TELUS.

TELUS issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, February, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $15.537-15.831 billion.

11 analysts have issued 12 month target prices for TELUS's shares. Their forecasts range from $41.00 to $61.00. On average, they anticipate TELUS's share price to reach $53.43 in the next year. This suggests a possible upside of 31.9% from the stock's current price. View Analyst Price Targets for TELUS.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TELUS.

News stories about TU stock have trended neutral on Tuesday, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TELUS earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave media stories about the Wireless communications provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for TELUS.

TELUS saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,460,000 shares, a decline of 11.0% from the January 15th total of 1,640,000 shares. Based on an average trading volume of 405,500 shares, the days-to-cover ratio is presently 3.6 days. Currently, 0.2% of the company's stock are short sold. View TELUS's Current Options Chain.

Some companies that are related to TELUS include T-Mobile Us (TMUS), Deutsche Telekom (DTEGY), 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), Verizon Communications (VZ), Pfizer (PFE), AbbVie (ABBV), Enterprise Products Partners (EPD), Ford Motor (F), Altria Group (MO), CBL & Associates Properties (CBL) and Enbridge (ENB).

TELUS's stock is owned by many different of institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (3.64%), CIBC World Markets Inc. (1.41%), Letko Brosseau & Associates Inc. (1.31%), Great West Life Assurance Co. Can (1.00%), Toronto Dominion Bank (0.98%) and Massachusetts Financial Services Co. MA (0.98%).

TU stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, DekaBank Deutsche Girozentrale, QV Investors Inc., Guardian Capital LP, Janus Henderson Group PLC, Great West Life Assurance Co. Can, Russell Investments Group Ltd. and Franklin Resources Inc..

TU stock was purchased by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Alberta Investment Management Corp, Bessemer Group Inc., Cardinal Capital Management Inc., Public Sector Pension Investment Board, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Connor Clark & Lunn Investment Management Ltd. and Schroder Investment Management Group.

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 $40.51.

TELUS has a market capitalization of $24.49 billion and generates $11.05 billion in revenue each year. The Wireless communications provider earns $1.32 billion in net income (profit) each year or $2.20 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]