TELUS - TU Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TU shares.
View TU analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued twelve-month price targets for TELUS's shares. Their TU share price forecasts range from $23.00 to $36.00. On average, they anticipate the company's share price to reach $32.06 in the next year. This suggests a possible upside of 53.0% from the stock's current price.
View analysts price targets for TU or view top-rated stocks among Wall Street analysts.

TELUS's stock was trading at $19.31 on January 1st, 2023. Since then, TU shares have increased by 8.5% and is now trading at $20.96.
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TELUS saw a increase in short interest in January. As of January 15th, there was short interest totaling 10,850,000 shares, an increase of 14.8% from the December 31st total of 9,450,000 shares. Based on an average trading volume of 1,480,000 shares, the short-interest ratio is presently 7.3 days.
View TELUS's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our TU earnings forecast.

TELUS will be holding an earnings conference call on Thursday, February 9th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link.

TELUS Co. (NYSE:TU) posted its earnings results on Friday, November, 5th. The Wireless communications provider reported $0.23 earnings per share for the quarter, meeting analysts' consensus estimates of $0.23. The Wireless communications provider earned $4.25 billion during the quarter, compared to the consensus estimate of $4.29 billion. TELUS had a net margin of 11.04% and a trailing twelve-month return on equity of 9.76%. TELUS's quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the firm earned $0.21 earnings per share.

TELUS declared a quarterly dividend on Friday, November 4th. Stockholders of record on Friday, December 9th will be paid a dividend of $0.258 per share on Tuesday, January 3rd. This represents a $1.03 annualized dividend and a dividend yield of 4.92%. The ex-dividend date is Thursday, December 8th.
Read our dividend analysis for TU.

TELUS (NYSE:TU) pays an annual dividend of $1.05 per share and currently has a dividend yield of 4.90%. TU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 92.11%. 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 99.06% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TU.

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 distributed 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.

TELUS updated its FY 2022 earnings guidance on Friday, November, 18th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $14.29 billion-$14.29 billion, compared to the consensus revenue estimate of $13.36 billion.

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.

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).

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 investors include TD Asset Management Inc (2.90%), National Bank of Canada FI (1.31%), Toronto Dominion Bank (1.07%), AEGON ASSET MANAGEMENT UK Plc (0.17%), DekaBank Deutsche Girozentrale (0.17%) and Montrusco Bolton Investments Inc. (0.16%).

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.
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One share of TU stock can currently be purchased for approximately $20.96.

TELUS (NYSE:TU) has a market capitalization of $29.07 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 $1.14 on an earnings per share basis.

The company employs 90,800 workers across the globe.

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.