TELUS Stock Forecast, Price & 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. Since then, TU shares have increased by 1.7% and is now trading at $17.48.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There are currently 3 hold ratings and 8 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, November 5th 2020.
View our earnings forecast for TELUS.

TELUS Co. (NYSE:TU) released its quarterly earnings data on Friday, July, 31st. The Wireless communications provider reported $0.18 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.21 by $0.03. The Wireless communications provider earned $2.69 billion during the quarter, compared to analyst estimates of $2.65 billion. TELUS had a return on equity of 13.33% and a net margin of 9.53%.
View TELUS's earnings history.

TELUS declared a quarterly dividend on Monday, August 3rd. Shareholders of record on Thursday, September 10th will be given a dividend of $0.2169 per share on Thursday, October 1st. This represents a $0.87 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date of this dividend is Wednesday, September 9th. This is an increase from TELUS's previous quarterly dividend of $0.21.
View TELUS's dividend history.

TELUS's stock 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 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.

11 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 expect TELUS's stock price to reach $26.88 in the next twelve months. This suggests a possible upside of 53.7% from the stock's current price.
View analysts' price targets for TELUS.

TELUS saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,540,000 shares, a decline of 15.1% from the August 15th total of 5,350,000 shares. Based on an average trading volume of 1,120,000 shares, the days-to-cover ratio is currently 4.1 days. Approximately 0.4% of the shares of the company are sold short.
View TELUS's Short Interest.

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), Millicom International Cellular (MIICF), Millicom International Cellular (TIGO), United States Cellular (USM), VEON (VEON), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR), Cellcom Israel (CEL) and Spok (SPOK).
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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), Verizon Communications (VZ), Intel (INTC), Johnson & Johnson (JNJ), Altria Group (MO), Enterprise Products Partners (EPD) and Walmart (WMT).

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

TELUS's stock is owned by a number of institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (4.17%), CIBC Asset Management Inc (2.21%), Bank of Nova Scotia (1.21%), Vanguard Group Inc. (1.21%), Letko Brosseau & Associates Inc. (1.19%) and Toronto Dominion Bank (1.03%).

TU stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, CIBC Asset Management Inc, Alberta Investment Management Corp, Montrusco Bolton Investments Inc., First Trust Advisors LP, Great West Life Assurance Co. Can, QV Investors Inc., and Barometer Capital Management Inc..

TU stock was acquired by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Intact Investment Management Inc., Vanguard Group Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, FMR LLC, TD Asset Management Inc., Scotia Capital Inc., and Twin Tree Management LP.

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 $17.48.

TELUS has a market capitalization of $22.44 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]