NYSE:TUTELUS Stock Price, Forecast & News

TELUS's stock was trading at $17.1950 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TU stock has increased by 4.5% and is now trading at $17.97. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There are currently 4 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) announced its quarterly earnings data on Thursday, May, 7th. The Wireless communications provider reported $0.32 EPS for the quarter, beating the Zacks' 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 net margin of 11.25% and a return on equity of 14.94%. The company's revenue was up 5.4% on a year-over-year basis. During the same period last year, the business posted $0.38 earnings per share. View TELUS's earnings history.

TELUS declared a quarterly dividend on Friday, May 8th. Stockholders 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 4.58%. The ex-dividend date of this dividend is Tuesday, June 9th. 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 issued shares were payable to shareholders after the closing bell 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 Wall Street analysts have issued 12-month price targets for TELUS's stock. 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 48.5% from the stock's current price. View analysts' price targets for TELUS.

News stories about TU stock have trended very negative on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. TELUS earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the Wireless communications provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutTELUS.

TELUS saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,330,000 shares, an increase of 28.1% from the April 30th total of 2,600,000 shares. Based on an average trading volume of 1,640,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.3% 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), United States Cellular (USM), VEON (VEON), Millicom International Cellular (TIGO), Millicom International Cellular (MIICF), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR), Cellcom Israel (CEL) and NII (NIHD). 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 a number of retail and institutional investors. Top institutional shareholders include CIBC Asset Management Inc (2.60%), The Manufacturers Life Insurance Company (2.31%), Capital Research Global Investors (1.57%), Mackenzie Financial Corp (1.45%), 1832 Asset Management L.P. (1.23%) and Massachusetts Financial Services Co. MA (1.20%).

TU stock was sold by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., Bessemer Group Inc., Ontario Teachers Pension Plan Board, UBS Group AG, K.J. Harrison & Partners Inc, Jane Street Group LLC, AlphaCrest Capital Management LLC, and Legal & General Group Plc.

TU stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , CIBC Asset Management Inc, Capital Research Global Investors, Massachusetts Financial Services Co. MA, 1832 Asset Management L.P., Mackenzie Financial Corp, Franklin Resources Inc., and Fiera Capital Corp.

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 $17.97.

TELUS has a market capitalization of $22.97 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]