TELUS Stock Forecast, Price & News

TELUS's stock was trading at $17.1950 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TU stock has increased by 21.1% and is now trading at $20.83.
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10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TELUS stock.
View analyst ratings for TELUS or view MarketBeat's top 5 stock picks.

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538 employees have rated TELUS CEO Thomas Greco on Glassdoor.com. Thomas Greco has an approval rating of 63% among TELUS's employees. This puts Thomas Greco in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

TELUS is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for TELUS.

TELUS Co. (NYSE:TU) announced its quarterly earnings data on Wednesday, November, 11th. The Wireless communications provider reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.03. The Wireless communications provider had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.83 billion. TELUS had a return on equity of 12.02% and a net margin of 8.51%. The company's revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.
View TELUS's earnings history.

TELUS declared a quarterly dividend on Friday, November 6th. Stockholders of record on Friday, December 11th will be paid a dividend of $0.234 per share on Monday, January 4th. This represents a $0.94 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date is Thursday, December 10th. This is a positive change from TELUS's previous quarterly dividend of $0.22.
View TELUS's dividend history.

TELUS pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.61%. TU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. TELUS does not yet have a strock track record of dividend growth. The dividend payout ratio of TELUS is 87.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TELUS will have a dividend payout ratio of 103.23% in the coming year. This indicates that TELUS may not be able to sustain their current dividend.
View TELUS's dividend history.

TELUS shares split on the morning of Wednesday, March 18th 2020. The 2-1 split was announced on Thursday, February 13th 2020. The newly issued shares were issued 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.

10 Wall Street analysts have issued 1 year price objectives for TELUS's shares. Their forecasts range from $21.00 to $32.00. On average, they expect TELUS's stock price to reach $27.00 in the next year. This suggests a possible upside of 29.6% from the stock's current price.
View analysts' price targets for TELUS or view Wall Street analyst' top-rated stocks.

Some companies that are related to TELUS include Deutsche Telekom (DTEGY), Vodafone Group (VOD), Chunghwa Telecom (CHT), China Unicom (Hong Kong) (CHU), SK Telecom Co.,Ltd (SKM), Mobile TeleSystems Public Joint Stock (MBT), Hellenic Telecommunications Organization (HLTOY), Millicom International Cellular (MIICF), Millicom International Cellular (TIGO), VEON (VEON), United States Cellular (USM), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR), Cellcom Israel (CEL) and Spok (SPOK).
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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).

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

TELUS's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.29%), Nexus Investment Management ULC (0.13%), Crossmark Global Holdings Inc. (0.04%), Summit Financial Wealth Advisors LLC (0.02%), Granite Investment Advisors LLC (0.01%) and EWG Elevate Inc. (0.01%).

TU stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., Granite Investment Advisors LLC, Pacifica Partners Inc., EWG Elevate Inc., and Sowell Financial Services LLC.

TU stock was bought by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Nexus Investment Management ULC, Addenda Capital Inc., and Summit Financial Wealth Advisors LLC.

Shares of TU 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.

One share of TU stock can currently be purchased for approximately $20.83.

TELUS has a market capitalization of $26.75 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 $1.10 on an earnings per share basis. TELUS employs 65,600 workers across the globe.

The official website for TELUS is www.telus.com.

TELUS's mailing address is 510 West Georgia Street, Vancouver A1, V6B 0M3. The Wireless communications provider can be reached via phone at 604-697-8044 or via email at [email protected]