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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Financial Day of Reckoning Has Begun (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Financial Day of Reckoning Has Begun (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
A Hot Tech Company With Strong Patents & Partners (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Financial Day of Reckoning Has Begun (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Financial Day of Reckoning Has Begun (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
A Hot Tech Company With Strong Patents & Partners (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Financial Day of Reckoning Has Begun (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Financial Day of Reckoning Has Begun (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
A Hot Tech Company With Strong Patents & Partners (Ad)pixel
NYSE:TU

TELUS - TU Stock Forecast, Price & News

$23.60
+0.25 (+1.07%)
(As of 08/12/2022 12:00 AM ET)
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Compare
Today's Range
$23.28
$23.64
50-Day Range
$21.36
$25.44
52-Week Range
$21.34
$27.50
Volume
1.43 million shs
Average Volume
1.08 million shs
Market Capitalization
$32.33 billion
P/E Ratio
22.26
Dividend Yield
4.59%
Price Target
$34.06

TELUS MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
44.3% Upside
$34.06 Price Target
Short Interest
Healthy
1.03% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.44mentions of TELUS in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.88%
From $1.01 to $1.13 Per Share

Overall MarketRank

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

2.71 out of 5 stars

Utilities Sector

7th out of 88 stocks

Radiotelephone Communication Industry

2nd out of 10 stocks

TU stock logo

About TELUS (NYSE:TU) Stock

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network revenue; mobile technologies equipment sale; data revenues, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services. The Digitally-Led Customer Experiences segment provides digital customer experience and digital-enablement transformation solutions, including artificial intelligence and content management solutions. It has 16.9 million subscriber connections, which include 9.3 million mobile phone subscribers; 2.1 million connected device subscribers; 2.3 million internet subscribers; 1.1 million residential voice subscribers; 1.3 million TV subscribers; and 804,000 security subscribers. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was incorporated in 1998 and is headquartered in Vancouver, Canada.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TU shares. Desjardins increased their price target on TELUS from C$34.50 to C$36.00 in a research note on Tuesday, May 10th. Scotiabank lifted their target price on shares of TELUS from C$33.50 to C$34.00 in a report on Thursday. Barclays downgraded shares of TELUS from an "overweight" rating to an "equal weight" rating and set a $26.00 price objective for the company. in a research report on Tuesday, May 10th. BMO Capital Markets decreased their target price on TELUS from C$37.00 to C$36.00 in a research report on Friday, June 17th. Finally, StockNews.com raised TELUS from a "sell" rating to a "hold" rating in a report on Monday, August 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, TELUS presently has an average rating of "Moderate Buy" and a consensus price target of $34.06.

TELUS Price Performance

TU traded up $0.25 on Friday, hitting $23.60. 1,430,628 shares of the stock were exchanged, compared to its average volume of 1,078,155. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.58 and a quick ratio of 0.57. TELUS has a 12 month low of $21.34 and a 12 month high of $27.50. The firm has a market capitalization of $32.33 billion, a price-to-earnings ratio of 22.26, a PEG ratio of 2.38 and a beta of 0.66. The business has a 50-day moving average of $22.66 and a two-hundred day moving average of $24.38.

TELUS (NYSE:TU - Get Rating) (TSE:T) last issued its quarterly earnings results on Friday, August 5th. The Wireless communications provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.10. The company had revenue of $4.37 billion for the quarter, compared to analyst estimates of $4.45 billion. TELUS had a return on equity of 9.57% and a net margin of 10.35%. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.21 EPS. Sell-side analysts forecast that TELUS will post 1.01 EPS for the current fiscal year.

TELUS Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 3rd. Investors of record on Friday, September 9th will be paid a $0.265 dividend. This is an increase from TELUS's previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Thursday, September 8th. This represents a $1.06 annualized dividend and a yield of 4.49%. TELUS's dividend payout ratio is presently 100.94%.

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TU Stock News Headlines

TELUS Co. (NYSE:TU) Receives $34.56 Consensus PT from Analysts
TELUS (NYSE:TU) Upgraded to Hold at StockNews.com
Telus (TU) Q2 Earnings and Revenues Beat Estimates
StockNews.com Lowers TELUS (NYSE:TU) to Sell
See More Headlines
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TU Company Calendar

Ex-Dividend for 7/4 Dividend
6/09/2022
Dividend Payable
7/04/2022
Last Earnings
8/05/2022
Today
8/13/2022
Ex-Dividend for 10/3 Dividend
9/08/2022
Dividend Payable
10/03/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Radiotelephone communication
Sub-Industry
N/A
Sector
Utilities
Fax
N/A
Employees
90,800
Year Founded
1990

Price Target and Rating

Average Stock Price Forecast
$34.06
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+44.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$1.32 billion
Pretax Margin
14.45%

Debt

Sales & Book Value

Annual Sales
$13.77 billion
Cash Flow
$2.73 per share
Book Value
$9.53 per share

Miscellaneous

Outstanding Shares
1,370,000,000
Free Float
N/A
Market Cap
$32.33 billion
Optionable
Optionable
Beta
0.66

Social Links


Key Executives

  • Mr. Darren Entwistle B.A. (Age 58)
    LL.D., M.B.A., Pres, CEO & Director
    Comp: $2.17M
  • Mr. Douglas French (Age 56)
    Exec. VP & CFO
    Comp: $1.01M
  • Mr. Tony Geheran (Age 59)
    COO & EVP
    Comp: $1.02M
  • Mr. Eros Spadotto
    Exec. Officer
  • Mr. François Gratton
    Exec. Officer
  • Robert Mitchell
    Head of Investor Relations
  • Ms. Andrea Louise Wood
    Chief Legal & Governance Officer
  • Jill Schnarr
    Chief Communications Officer
  • Ms. Sandy McIntosh
    Exec. VP of People & Culture and Chief HR Officer
  • Mr. Francois Cote (Age 64)
    Exec. VP













TU Stock - Frequently Asked Questions

Should I buy or sell TELUS stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last twelve months. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research 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 2022?

7 brokers have issued 1 year price objectives for TELUS's shares. Their TU share price forecasts range from $26.00 to $36.00. On average, they predict the company's share price to reach $34.06 in the next twelve months. This suggests a possible upside of 44.3% 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 2022?

TELUS's stock was trading at $23.57 at the beginning of the year. Since then, TU shares have increased by 0.1% and is now trading at $23.60.
View the best growth stocks for 2022 here
.

Are investors shorting TELUS?

TELUS saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 15,170,000 shares, an increase of 100.9% from the June 15th total of 7,550,000 shares. Based on an average trading volume of 1,810,000 shares, the days-to-cover ratio is presently 8.4 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, November 4th 2022.
View our TU earnings forecast
.

How were TELUS's earnings last quarter?

TELUS Co. (NYSE:TU) released its earnings results on Friday, August, 5th. The Wireless communications provider reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.10. The Wireless communications provider had revenue of $4.37 billion for the quarter, compared to analyst estimates of $4.45 billion. TELUS had a net margin of 10.35% and a trailing twelve-month return on equity of 9.57%. TELUS's quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.21 earnings per share.

How often does TELUS pay dividends? What is the dividend yield for TELUS?

TELUS declared a quarterly dividend on Friday, August 5th. Investors of record on Friday, September 9th will be given a dividend of $0.265 per share on Monday, October 3rd. This represents a $1.06 annualized dividend and a yield of 4.49%. The ex-dividend date is Thursday, September 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 $1.07 per share and currently has a dividend yield of 4.59%. 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 100.94%. 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 94.69% 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?

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 closing bell 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 2022 earnings guidance on Monday, June, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $14.71 billion-$14.98 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 investors include Mackenzie Financial Corp (3.37%), TD Asset Management Inc. (3.01%), Bank of Nova Scotia (1.53%), Toronto Dominion Bank (1.01%), Connor Clark & Lunn Investment Management Ltd. (0.99%) and Fiera Capital Corp (0.97%).

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 $23.60.

How much money does TELUS make?

TELUS (NYSE:TU) has a market capitalization of $32.33 billion and generates $13.77 billion in revenue each year. The Wireless communications provider earns $1.32 billion in net income (profit) each year or $1.06 on an earnings per share basis.

How many employees does TELUS have?

The company employs 90,800 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

When was TELUS founded?

TELUS was founded in 1990.

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 8/14/2022 by MarketBeat.com Staff

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