NYSE:TUTELUS Stock Price, Forecast & News

TELUS's stock was trading at $17.1950 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TU stock has decreased by 4.4% and is now trading at $16.44. 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 earnings results on Thursday, May, 7th. The Wireless communications provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.07. The Wireless communications provider had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.66 billion. TELUS had a return on equity of 14.94% and a net margin of 11.25%. The firm's revenue for the quarter was up 5.4% on a year-over-year basis. During the same period last year, the firm posted $0.38 earnings per share. View TELUS's earnings history.

TELUS announced a quarterly dividend on Friday, May 8th. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.2058 per share on Thursday, July 2nd. This represents a $0.82 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date of this dividend is Tuesday, June 9th. View TELUS's dividend history.

Shares of TELUS split on Wednesday, March 18th 2020. The 2-1 split was announced on Thursday, February 13th 2020. The newly minted 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 twelve-month target prices for TELUS's stock. Their forecasts range from $24.00 to $30.50. On average, they anticipate TELUS's stock price to reach $26.69 in the next twelve months. This suggests a possible upside of 62.3% from the stock's current price. View analysts' price targets for TELUS.

Media stories about TU stock have been trending neutral this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TELUS earned a news impact score of 0.5 on InfoTrie's scale. They also assigned headlines 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 near term. View the latest news about TELUS.

TELUS saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,110,000 shares, a decrease 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 days-to-cover ratio is currently 2.2 days. Approximately 0.2% of the company's 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 institutional and retail investors. Top institutional investors 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 acquired 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 $16.44.

TELUS has a market capitalization of $21.01 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]