NYSE:TU - TELUS Stock Price, Forecast & News

TELUS's stock was trading at $34.39 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TU shares have decreased by 54.1% and is now trading at $15.78. View which stocks have been mosted impacted by Coronavirus.

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

TELUS is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for TELUS.

TELUS Co. (NYSE:TU) issued its earnings results on Thursday, February, 13th. The Wireless communications provider reported $0.34 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.08. The Wireless communications provider had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.85 billion. TELUS had a return on equity of 16.37% and a net margin of 11.92%. The company's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.35 EPS. View TELUS's earnings history.

TELUS announced a quarterly dividend on Thursday, February 13th. Stockholders 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 annualized dividend and a dividend yield of 11.15%. The ex-dividend date of this dividend is Tuesday, March 10th. This is a positive change from TELUS's previous quarterly dividend of $0.43. View TELUS's dividend history.

Shares of TELUS split before market open on Wednesday, March 18th 2020. The 2-1 split was announced on Thursday, February 13th 2020. The newly minted shares were payable 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 issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, February, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $15.537-15.831 billion.

12 brokerages have issued 1 year price objectives for TELUS's shares. Their forecasts range from $20.50 to $51.00. On average, they expect TELUS's stock price to reach $29.67 in the next year. This suggests a possible upside of 88.0% from the stock's current price. View analysts' price targets for TELUS.

News stories about TU stock have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TELUS earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned press coverage about the Wireless communications provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View the latest news aboutTELUS.

TELUS saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 1,251,600 shares, a decline of 15.4% from the February 27th total of 1,480,000 shares. Based on an average daily trading volume, of 572,100 shares, the short-interest ratio is presently 2.2 days. Currently, 0.1% of the shares of the company 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), United States Cellular (USM), VEON (VEON), 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), Pfizer (PFE), AbbVie (ABBV), Verizon Communications (VZ), Altria Group (MO), Ford Motor (F), Cisco Systems (CSCO), Enterprise Products Partners (EPD) and CBL & Associates Properties (CBL).

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

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 $15.78.

TELUS has a market capitalization of $19.08 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. View additional information about TELUS.

The official website for TELUS is http://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]