TELUS (T) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" T shares.
View T analyst ratings or view top-rated stocks.

7 equities research analysts have issued twelve-month price targets for TELUS's stock. Their T share price forecasts range from C$29.50 to C$34.00. On average, they expect the company's share price to reach C$32.17 in the next twelve months. This suggests a possible upside of 25.4% 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 the year. Since then, T shares have decreased by 1.8% and is now trading at C$25.65.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our T earnings forecast.

TELUS Co. (TSE:T) announced its quarterly earnings results on Friday, July, 30th. The company reported $0.26 earnings per share for the quarter, meeting analysts' consensus estimates of $0.26. The firm had revenue of $4.11 billion for the quarter, compared to analysts' expectations of $4.10 billion. TELUS had a net margin of 7.63% and a trailing twelve-month return on equity of 8.98%.

TELUS declared a quarterly dividend on Thursday, May 4th. Stockholders of record on Friday, June 9th will be given a dividend of 0.364 per share on Tuesday, July 4th. This represents a $1.46 annualized dividend and a yield of 5.68%. The ex-dividend date of this dividend is Thursday, June 8th. This is a boost from the stock's previous quarterly dividend of C$0.35.
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 5.52%. T has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 142.16%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for T.

TELUS shares 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 payable 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$25.65.

TELUS (TSE:T) has a market capitalization of C$37.19 billion and generates C$18.96 billion in revenue each year. The company earns C$1.45 billion in net income (profit) each year or C$1.02 on an earnings per share basis.

The company employs 90,800 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.