Should I buy or sell TELUS stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" T shares. View T analyst ratings or view top-rated stocks .

What is TELUS's stock price target for 2024?

10 brokerages have issued 12-month price targets for TELUS's shares. Their T share price targets range from C$24.00 to C$32.00. On average, they anticipate the company's stock price to reach C$26.57 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price. View analysts price targets for T or view top-rated stocks among Wall Street analysts .

How have T shares performed in 2024?

TELUS's stock was trading at C$23.58 at the beginning of the year. Since then, T shares have decreased by 7.8% and is now trading at C$21.73. View the best growth stocks for 2024 here .

When is TELUS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our T earnings forecast .

How were TELUS's earnings last quarter?

TELUS Co. (TSE:T) posted its earnings results on Friday, February, 9th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.01. The business earned $5.20 billion during the quarter, compared to the consensus estimate of $5.24 billion. TELUS had a trailing twelve-month return on equity of 4.96% and a net margin of 4.20%.

How often does TELUS pay dividends? What is the dividend yield for TELUS?

TELUS declared a quarterly dividend on Friday, February 9th. Stockholders of record on Monday, March 11th will be given a dividend of 0.376 per share on Monday, April 1st. This represents a $1.50 annualized dividend and a dividend yield of 6.92%. The ex-dividend date of this dividend is Friday, March 8th. Read our dividend analysis for T .

Is TELUS a good dividend stock?

TELUS (TSE:T) pays an annual dividend of C$1.50 per share and currently has a dividend yield of 6.88%. T has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 258.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for T .

When did TELUS's stock split?

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.

What other stocks do shareholders of TELUS own?

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) .

How do I buy shares of TELUS?

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. Compare Top Brokerages Here .

TSE:T

TELUS (T) Stock Price, News & Analysis

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Free T Stock Alerts

C$21.73

-0.14 (-0.64%)

(As of 04/15/2024 ET)

Compare

Today's Range: C$21.39
▼
C$22.06
50-Day Range: C$21.34
▼
C$24.35
52-Week Range: C$21.12
▼
C$28.95

Volume: 3.28 million shs
Average Volume: 3.02 million shs
Market Capitalization: C$32.16 billion

P/E Ratio: 37.47
Dividend Yield: 6.90%
Price Target: C$26.57

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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TELUS MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 22.3% Upside
C$26.57 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.25
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.32 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
TELUS has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
TELUS has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for T.

1.7

Dividend Strength

Dividend Leadership
TELUS is a leading dividend payer. It pays a dividend yield of 6.88%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TELUS does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of TELUS is 258.62%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for T.

2.4

News and Social Media Coverage

News Sentiment
TELUS has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Communication Services companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for TELUS this week, compared to 7 articles on an average week.
Search Interest
336 people have searched for T on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added TELUS to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TELUS insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.02% of the stock of TELUS is held by insiders.
Percentage Held by Institutions
56.36% of the stock of TELUS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of TELUS is 37.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.20.
Price to Earnings Ratio vs. Sector
The P/E ratio of TELUS is 37.47, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 475.64.
Price to Earnings Growth Ratio
TELUS has a PEG Ratio of 2.07. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TELUS has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About TELUS Stock (TSE:T)

TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products. The Digitally-Led Customer Experiences segment provides digital customer experience and digital-enablement transformation solutions, including artificial intelligence and content management solutions. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was incorporated in 1998 and is based in Vancouver, Canada.

T Stock Price History

30 days | 90 days | 365 days | Advanced Chart

T Stock News Headlines

April 15, 2024 | msn.com

Koodo rolls out 75GB plan that costs less than what Telus is advertising

April 15, 2024 | msn.com

Telus adds $70/75GB 5G mobile plan to its website

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 15, 2024 | finance.yahoo.com

KODE Labs Secures $30M Series B Funding to Propel Global Net-Zero Building Emissions

April 15, 2024 | theglobeandmail.com

Maverix, Telus back US$30-million financing for property technology platform maker KODE

April 15, 2024 | americanbankingnews.com

TELUS Co. (TSE:T) Given Average Rating of "Moderate Buy" by Brokerages

April 11, 2024 | americanbankingnews.com

TELUS (TSE:T) PT Lowered to C$26.00

April 9, 2024 | msn.com

Better Buy? Telus vs BCE Stock

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 9, 2024 | msn.com

Eclipse party in Lancaster gets great reviews while eclipse itself gets mixed reviews

April 9, 2024 | finance.yahoo.com

UK social impact startup Waymap successfully closes funding round led by TELUS for its indoor navigation technology

April 9, 2024 | msn.com

Calgarians gathered to watch the solar eclipse. Here's what they had to say.

April 8, 2024 | msn.com

Koodo replaces two plans with slightly better $55/mo 60GB 5G promo

April 7, 2024 | msn.com

Sports briefs: Saskatoon Blazers defeated in Telus Cup West Regional final

April 7, 2024 | msn.com

Calgary Buffaloes bounce B.C. champs to earn berth in Telus Cup

April 4, 2024 | msn.com

Telus’ new plans include $100/150GB Canada-U.S.-Mexico option

April 3, 2024 | msn.com

Calgary Buffaloes back to embracing blonde ambition in bid for Telus Cup berth

April 3, 2024 | msn.com

Calgary Buffaloes back to embracing blond ambition in bid for Telus Cup berth

April 1, 2024 | msn.com

Saskatoon Blazers heading to Telus Cup West Regional

March 28, 2024 | msn.com

How to watch the partial solar eclipse: Q and A with Telus World of Science

March 28, 2024 | yahoo.com

March 27, 2024 | msn.com

Partial solar eclipse: TELUS World of Science invites Edmontonians to safely view April event

March 26, 2024 | finance.yahoo.com

TELUS Friendly Future Foundation brings award-winning talent to Toronto for the inaugural 'Together for Tomorrow: A Friendly Future Gala'

March 26, 2024 | finance.yahoo.com

Jim Cramer Made Accurate Predictions About These 9 Stocks

March 25, 2024 | finance.yahoo.com

CANADA STOCKS-TSX kicks off holiday-shortened week on higher note; Telus drops

March 25, 2024 | msn.com

TSX kicks off holiday-shortened week on higher note; Telus drops

March 22, 2024 | msn.com

Telus International PH empowers women to own their journeys

See More Headlines

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Company Calendar

Last Earnings: 2/09/2024
Ex-Dividend for 4/1 Dividend: 3/08/2024
Dividend Payable: 4/01/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/02/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Communication Services
Industry: Telecom Services
Sub-Industry: N/A
Current Symbol: TSE:T
CUSIP: N/A
CIK: N/A
Web: www.telus.com
Phone: +1-604-6978044
Fax: N/A
Employees: 106,400
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$26.57
High Stock Price Target: C$32.00
Low Stock Price Target: C$24.00
Potential Upside/Downside: +22.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.58
Trailing P/E Ratio: 37.47
Forward P/E Ratio: 21.74
P/E Growth: 2.07
Net Income: C$841 million
Net Margins: 4.20%
Pretax Margin: N/A
Return on Equity: 4.96%
Return on Assets: 3.42%

Debt

Debt-to-Equity Ratio: 159.88
Current Ratio: 0.67
Quick Ratio: 0.52

Sales & Book Value

Annual Sales: C$20 billion
Price / Sales: 1.61
Cash Flow: C$0.78 per share
Price / Cash Flow: 27.90
Book Value: C$10.98 per share
Price / Book: 1.98

Miscellaneous

Outstanding Shares: 1,480,000,000
Free Float: N/A
Market Cap: C$32.16 billion
Optionable: Not Optionable
Beta: 0.68

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Key Executives

Mr. Darren Entwistle B.A. (Age 60)
LL.D., M.B.A., President, CEO & Director
Comp: $2.83M
Mr. Douglas French (Age 58)
Executive VP & CFO
Comp: $1.38M
Mr. Tony Geheran (Age 60)
COO & EVP
Comp: $1.39M
Mr. Navin Arora (Age 52)
Executive VP & President of Business Solutions
Comp: $1.01M
Ms. Zainul Mawji
EVP & President of Telus Consumer Solutions
Robert Mitchell
Head of Investor Relations
Ms. Andrea Louise Wood LLB LLM
Executive VP and Chief Legal & Governance Officer
Ms. Jill Schnarr
Chief Communications & Brand Officer
Ms. Sandy McIntosh
Executive VP of People & Culture and Chief Human Resources Officer
Mr. Francois Cote (Age 66)
Executive Vice President
Comp: $564.93k

Key Competitors

View All Competitors

Insiders

Darren Entwistle
Bought 12,230 shares on 9/28/2023
Total: C$200,081.58 ($16.36/share)

View All Insider Transactions

Should I Buy TELUS Stock? T Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in TELUS Co.:

TELUS reported a higher-than-expected EPS for the last quarter, indicating strong financial performance.
The company has a diverse range of telecommunications and information technology products and services, providing stability and potential for growth.
TELUS operates in the Technology Solutions and Digitally-Led Customer Experiences segments, which are areas with high demand and growth potential in the market.
Research analysts expect TELUS to post positive EPS for the current year, showing a positive outlook for the company's financial performance.
TELUS has a solid return on equity and net margin, reflecting efficient use of resources and profitability.

Cons

Investors should be bearish about investing in TELUS Co. for these reasons:

The telecommunications industry is highly competitive, which may pose challenges for TELUS in maintaining market share and profitability.
Market fluctuations and regulatory changes in the telecom sector can impact TELUS's financial performance and stock price.
Investors should consider the current stock price of TELUS and evaluate if it aligns with their investment goals and risk tolerance.
Changes in consumer preferences and technological advancements could affect the demand for TELUS's products and services.
External factors such as economic conditions and global events may influence TELUS's business operations and financial results.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these TELUS pros and cons to contact@marketbeat.com.

T Stock Analysis - Frequently Asked Questions

Should I buy or sell TELUS stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" T shares.
View T analyst ratings or view top-rated stocks.
What is TELUS's stock price target for 2024?: 10 brokerages have issued 12-month price targets for TELUS's shares. Their T share price targets range from C$24.00 to C$32.00. On average, they anticipate the company's stock price to reach C$26.57 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price.
View analysts price targets for T or view top-rated stocks among Wall Street analysts.
How have T shares performed in 2024?: TELUS's stock was trading at C$23.58 at the beginning of the year. Since then, T shares have decreased by 7.8% and is now trading at C$21.73.
View the best growth stocks for 2024 here.
When is TELUS's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our T earnings forecast.
How were TELUS's earnings last quarter?: TELUS Co. (TSE:T) posted its earnings results on Friday, February, 9th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.01. The business earned $5.20 billion during the quarter, compared to the consensus estimate of $5.24 billion. TELUS had a trailing twelve-month return on equity of 4.96% and a net margin of 4.20%.
How often does TELUS pay dividends? What is the dividend yield for TELUS?: TELUS declared a quarterly dividend on Friday, February 9th. Stockholders of record on Monday, March 11th will be given a dividend of 0.376 per share on Monday, April 1st. This represents a $1.50 annualized dividend and a dividend yield of 6.92%. The ex-dividend date of this dividend is Friday, March 8th.
Read our dividend analysis for T.

Is TELUS a good dividend stock?: TELUS (TSE:T) pays an annual dividend of C$1.50 per share and currently has a dividend yield of 6.88%. T has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 258.62%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for T.
When did TELUS's stock split?: 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.
What other stocks do shareholders of TELUS own?: 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).
How do I buy shares of TELUS?: 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.
Compare Top Brokerages Here.

This page (TSE:T) was last updated on 4/16/2024 by MarketBeat.com Staff

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TELUS (T) Stock Price, News & Analysis

TELUS MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About TELUS Stock (TSE:T)

T Stock Price History

T Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy TELUS Stock? T Pros and Cons Explained

Pros

Cons

T Stock Analysis - Frequently Asked Questions

Overall MarketRank^™