TELUS (T) Stock Forecast, Price & News

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

4 analysts have issued 12-month price objectives for TELUS's shares. Their T share price forecasts range from C$27.00 to C$33.00. On average, they predict the company's share price to reach C$30.05 in the next twelve months. This suggests a possible upside of 39.7% from the stock's current price.
View analysts price targets for T or view top-rated stocks among Wall Street analysts.

TELUS's stock was trading at C$26.13 at the beginning of 2023. Since then, T stock has decreased by 17.7% and is now trading at C$21.50.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our T earnings forecast.

TELUS Co. (TSE:T) announced its quarterly earnings data on Friday, August, 4th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.23 by $0.04. The company earned $4.95 billion during the quarter, compared to the consensus estimate of $4.93 billion. TELUS had a net margin of 6.04% and a trailing twelve-month return on equity of 7.22%.

TELUS announced a quarterly dividend on Thursday, August 3rd. Stockholders of record on Friday, September 8th will be given a dividend of 0.364 per share on Monday, October 2nd. This represents a $1.46 annualized dividend and a dividend yield of 6.77%. The ex-dividend date of this dividend is Thursday, September 7th.
Read our dividend analysis for T.

TELUS (TSE:T) pays an annual dividend of C$1.45 per share and currently has a dividend yield of 6.35%. T has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 176.83%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for T.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other TELUS investors own include Toronto-Dominion Bank (TD), Enbridge (ENB), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), BCE (BCE), Fortis (FTS), Manulife Financial (MFC), Bank of Montreal (BMO), Canadian National Railway (CNR) and Suncor Energy (SU).

TELUS trades on the Toronto Stock Exchange (TSX) under the ticker symbol "T."

Shares of T stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of T stock can currently be purchased for approximately C$21.50.

TELUS (TSE:T) has a market capitalization of C$31.18 billion and generates C$19.52 billion in revenue each year. The company earns C$1.18 billion in net income (profit) each year or C$0.82 on an earnings per share basis.

The company employs 108,500 workers across the globe.

TELUS's mailing address is 510 Georgia St W 7th Floor, VANCOUVER, BC V6B 0M3, Canada. The official website for the company is www.telus.com. The company can be reached via phone at +1-604-6978044.