NYSE:TUTELUS Stock Price, Forecast & News

TELUS's stock was trading at $17.1950 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TU stock has decreased by 3.0% and is now trading at $16.68. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There are currently 3 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 Friday, August 7th 2020. View our earnings forecast for TELUS.

TELUS Co. (NYSE:TU) posted its quarterly earnings results on Thursday, May, 7th. The Wireless communications provider reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.07. The Wireless communications provider earned $3.69 billion during the quarter, compared to analysts' expectations of $3.66 billion. TELUS had a return on equity of 14.94% and a net margin of 11.25%. The business's revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.38 earnings per share. View TELUS's earnings history.

TELUS declared a quarterly dividend on Friday, May 8th. Investors of record on Wednesday, June 10th will be paid a dividend of $0.2058 per share on Thursday, July 2nd. This represents a $0.82 annualized dividend and a yield of 4.94%. The ex-dividend date is Tuesday, June 9th. View TELUS's dividend history.

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

10 equities research analysts have issued 1 year price targets for TELUS's shares. Their forecasts range from $24.00 to $30.50. On average, they anticipate TELUS's share price to reach $26.69 in the next twelve months. This suggests a possible upside of 60.0% from the stock's current price. View analysts' price targets for TELUS.

News stories about TU stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TELUS earned a daily sentiment score of -1.8 on InfoTrie's scale. They also assigned press coverage about the Wireless communications provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about TELUS.

TELUS saw a decline in short interest in June. As of June 30th, there was short interest totaling 3,110,000 shares, a decline of 14.6% from the June 15th total of 3,640,000 shares. Based on an average daily trading volume, of 1,390,000 shares, the short-interest ratio is currently 2.2 days. Currently, 0.2% of the shares of the stock are short sold. View TELUS's Current Options Chain.

Some companies that are related to TELUS include 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), VEON (VEON), Millicom International Cellular (TIGO), United States Cellular (USM), Millicom International Cellular (MIICF), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR), Cellcom Israel (CEL) and Spok (SPOK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other TELUS investors own include AT&T (T), Pfizer (PFE), Energy Transfer LP Unit (ET), AbbVie (ABBV), Altria Group (MO), Verizon Communications (VZ), Ford Motor (F), Cisco Systems (CSCO), Enterprise Products Partners (EPD) and Intel (INTC).

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

TELUS's stock is owned by many different retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.28%), Nexus Investment Management ULC (0.12%), Hexavest Inc. (0.02%), Envestnet Asset Management Inc. (0.01%), EWG Elevate Inc. (0.01%) and Addenda Capital Inc. (0.00%).

TU stock was sold by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Addenda Capital Inc., Hexavest Inc., Envestnet Asset Management Inc., and Carnegie Capital Asset Management LLC.

TU stock was purchased by a variety of institutional investors in the last quarter, including EWG Elevate Inc., and Nexus Investment Management ULC.

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 $16.68.

TELUS has a market capitalization of $21.32 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]