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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
66,000% upside on tiny biotech? (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
66,000% upside on tiny biotech? (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
66,000% upside on tiny biotech? (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
NYSE:TU

TELUS (TU) Stock Forecast, Price & News

$19.18
+0.10 (+0.52%)
(As of 06/2/2023 ET)
Compare
Today's Range
$18.86
$19.19
50-Day Range
$18.97
$21.34
52-Week Range
$18.85
$25.50
Volume
3.11 million shs
Average Volume
1.22 million shs
Market Capitalization
$27.62 billion
P/E Ratio
24.28
Dividend Yield
5.37%
Price Target
$30.88

TELUS MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
61.0% Upside
$30.88 Price Target
Short Interest
Healthy
0.81% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of TELUS in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.19%
From $0.79 to $0.91 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.74 out of 5 stars

Utilities Sector

14th out of 84 stocks

Radiotelephone Communication Industry

1st out of 7 stocks


TU stock logo

About TELUS (NYSE:TU) Stock

TELUS 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.

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TU Stock News Headlines

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StockNews.com Initiates Coverage on TELUS (NYSE:TU)
Telus Stock Hits New 52-Week High (TU)
TELUS (NYSE:TU) Price Target Lowered to $21.00 at Barclays
TELUS (NYSE:TU) Price Target Raised to C$33.00
Telus (TU): New Buy Recommendation for This Technology Giant
See More Headlines

TU Price History

TU Company Calendar

Last Earnings
11/05/2021
Ex-Dividend for 4/3 Dividend
3/09/2023
Dividend Payable
4/03/2023
Today
6/04/2023
Ex-Dividend for 7/4 Dividend
6/08/2023
Dividend Payable
7/04/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Radiotelephone communication
Sub-Industry
N/A
Sector
Utilities
Fax
N/A
Employees
108,500
Year Founded
1990

Price Target and Rating

Average Stock Price Forecast
$30.88
High Stock Price Forecast
$34.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+61.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$1.24 billion
Pretax Margin
10.81%

Debt

Sales & Book Value

Annual Sales
$14.16 billion
Cash Flow
$2.75 per share
Book Value
$9.15 per share

Miscellaneous

Outstanding Shares
1,440,000,000
Free Float
1,438,704,000
Market Cap
$27.62 billion
Optionable
Optionable
Beta
0.75

Social Links


Key Executives

  • Darren Entwistle
    President, Chief Executive Officer & Director
  • Tony Geheran
    Chief Operating Officer & Executive Vice President
  • Doug French
    Chief Financial Officer & Executive Vice President
  • Navin Arora
    Executive Vice President
  • François Gratton
    Executive Vice President













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 analysts have issued 1 year price objectives for TELUS's shares. Their TU share price forecasts range from $21.00 to $34.00. On average, they expect the company's share price to reach $30.88 in the next year. This suggests a possible upside of 61.0% 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 shares have decreased by 0.7% and is now trading at $19.18.
View the best growth stocks for 2023 here
.

Are investors shorting TELUS?

TELUS saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 12,030,000 shares, a decrease of 16.5% from the April 15th total of 14,410,000 shares. Based on an average daily volume of 1,550,000 shares, the days-to-cover ratio is currently 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) announced its earnings results on Friday, November, 5th. The Wireless communications provider reported $0.23 earnings per share for the quarter, hitting analysts' consensus estimates of $0.23. The Wireless communications provider had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.29 billion. TELUS had a net margin of 7.65% and a trailing twelve-month return on equity of 9.14%. TELUS's quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm 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 given a dividend of $0.268 per share on Tuesday, July 4th. This represents a $1.07 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date is Thursday, June 8th. This is a boost 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 $1.03 per share and currently has a dividend yield of 5.39%. 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 130.38%. 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 113.19% 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 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 stock prior to the split would have 200 shares after the split.

What guidance has TELUS issued on next quarter's earnings?

TELUS updated 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 many different institutional and retail investors. Top institutional shareholders 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 $19.18.

How much money does TELUS make?

TELUS (NYSE:TU) has a market capitalization of $27.62 billion and generates $14.16 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 6/4/2023 by MarketBeat.com Staff

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