Should I buy or sell TELUS stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TU, but not buy additional shares or sell existing shares. View TU analyst ratings or view top-rated stocks .

What is TELUS's stock price target for 2024?

2 equities research analysts have issued twelve-month price objectives for TELUS's shares. Their TU share price targets range from $20.00 to $35.00. On average, they anticipate the company's share price to reach $28.81 in the next twelve months. This suggests a possible upside of 64.1% from the stock's current price. View analysts price targets for TU or view top-rated stocks among Wall Street analysts .

How have TU shares performed in 2024?

TELUS's stock was trading at $17.79 at the beginning of the year. Since then, TU stock has decreased by 1.3% and is now trading at $17.56. 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 TU earnings forecast .

How were TELUS's earnings last quarter?

TELUS Co. (NYSE:TU) released its quarterly earnings results on Friday, February, 9th. The Wireless communications provider reported $0.18 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.01. The Wireless communications provider had revenue of $5.20 billion for the quarter, compared to analysts' expectations of $5.24 billion. TELUS had a trailing twelve-month return on equity of 7.65% and a net margin of 4.01%. The company's revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 earnings per share.

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

TELUS declared a quarterly dividend on Friday, November 3rd. Investors of record on Monday, December 11th will be given a dividend of $0.271 per share on Tuesday, January 2nd. This represents a $1.08 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date is Friday, December 8th. Read our dividend analysis for TU .

Is TELUS a good dividend stock?

TELUS (NYSE:TU) pays an annual dividend of $1.11 per share and currently has a dividend yield of 6.32%. TU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 258.14%. 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 119.35% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for TU .

When did TELUS's stock split?

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 distributed to shareholders after the market closes 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 is Darren Entwistle's approval rating as TELUS's CEO?

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.

What other stocks do shareholders of TELUS own?

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) .

Who are TELUS's major shareholders?

TELUS's stock is owned by a variety of retail and institutional investors. Top institutional investors include Mackenzie Financial Corp (3.91%), Fiera Capital Corp (1.04%), Clearbridge Investments LLC (0.42%), AGF Management Ltd. (0.34%), Norges Bank (0.32%) and Guardian Capital LP (0.29%).

How do I buy shares of TELUS?

Shares of TU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does TELUS have any subsidiaries?

The following companies are subsidiares of TELUS: ADT, AFS Technologies Inc, Assurent Secure Technologies, Blacksmith Applications, Competence Call Center, Decisive Farming, Emergis Inc, Equinoxe Virtual Clinic Corp., Fastvibe Corp., Kinlogix, Lionbridge AI, Medisys Health Group, Mobile Klinik, NIghtingale - Canadian Assets, Price's Alarms, Public Mobile, TELUS Communications, TELUS Employer Solutions Inc, TELUS International (Cda) Inc, Wolf Medical Systems Corp., and mobilicity. Read More

NYSE:TU

TELUS (TU) Stock Price, News & Analysis

$17.56

+0.50 (+2.93%)

(As of 02/9/2024 08:57 PM ET)

Compare

Today's Range: $17.23
▼
$17.98
50-Day Range: $17.07
▼
$18.95
52-Week Range: $15.47
▼
$21.34

Volume: 4.99 million shs
Average Volume: 2.31 million shs
Market Capitalization: $25.69 billion

P/E Ratio: 40.84
Dividend Yield: 6.32%
Price Target: $28.81

Get TELUS alerts:

TELUS MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 64.1% Upside
$28.81 Price Target
Short Interest: Bearish
1.02% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.91
Based on 15 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 13.41%
From $0.82 to $0.93 Per Share

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.

3.30 out of 5 stars

Utilities Sector

61st out of 90 stocks

Radiotelephone Communication Industry

3rd out of 7 stocks

3.0

Analyst's Opinion

Consensus Rating
TELUS has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.81, TELUS has a forecasted upside of 64.1% from its current price of $17.56.
Amount of Analyst Coverage
TELUS has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.02% of the outstanding shares of TELUS have been sold short.
Short Interest Ratio / Days to Cover
TELUS has a short interest ratio ("days to cover") of 7.5.
Change versus previous month
Short interest in TELUS has recently increased by 11.57%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
TELUS is a leading dividend payer. It pays a dividend yield of 6.32%, 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 258.14%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, TELUS will have a dividend payout ratio of 119.35% in the coming year. This indicates that TELUS may not be able to sustain their current dividend.

N/A

Sustainability and ESG

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

3.3

News and Social Media Coverage

News Sentiment
TELUS has a news sentiment score of 0.91. 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 higher news sentiment than the 0.55 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 15 news articles for TELUS this week, compared to 3 articles on an average week.
Search Interest
16 people have searched for TU on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added TELUS to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% 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 0.09% of the stock of TELUS is held by insiders.
Percentage Held by Institutions
49.48% of the stock of TELUS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for TELUS are expected to grow by 13.41% in the coming year, from $0.82 to $0.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TELUS is 40.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of TELUS is 40.84, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 81.94.
Price to Earnings Growth Ratio
TELUS has a PEG Ratio of 3.34. 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 1.85. 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

About TELUS Stock (NYSE:TU)

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; 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. 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.

TU Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TU Stock News Headlines

February 11, 2024 | seekingalpha.com

TELUS: A Key Reason For The Poor Performance

February 11, 2024 | americanbankingnews.com

TELUS (NYSE:TU) Sees Unusually-High Trading Volume Following Earnings Beat

February 12, 2024 | The Freeport Society (Ad)

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February 9, 2024 | finanznachrichten.de

TELUS Corporation: TELUS reports operational and financial results for fourth quarter 2023; announces 2024 financial targets

February 9, 2024 | msn.com

Telus reports Q4 profit and revenue up from year earlier

February 9, 2024 | finance.yahoo.com

Telus (TU) Surpasses Q4 Earnings Estimates

February 9, 2024 | businesswire.com

TELUS International reports fourth quarter and full-year 2023 results, delivering solid revenue growth, with resilient profitability and cash flow; provides outlook for 2024

February 8, 2024 | markets.businessinsider.com

Analysts Offer Insights on Communication Services Companies: Fox (FOXA) and Telus (TU)

February 12, 2024 | The Freeport Society (Ad)

Obama’s 2024 Confession

February 2, 2024 | americanbankingnews.com

TELUS Co. (NYSE:TU) Expected to Post FY2024 Earnings of $0.79 Per Share

February 1, 2024 | finance.yahoo.com

Telus (TU) to Report Q4 Results: What to Know Ahead of the Release

January 29, 2024 | msn.com

3 Reasons to Buy Telus Stock Like There’s No Tomorrow

January 22, 2024 | finance.yahoo.com

Ericsson technology advances 5G standalone network in Canada

January 18, 2024 | markets.businessinsider.com

Stream+ from TELUS is bringing Canadians the ultimate streaming bundle with Netflix, Disney+ and Prime Video for an unbeatable price

January 16, 2024 | msn.com

E is for error: Telus bid to appeal property assessments foiled by email mishap

January 5, 2024 | markets.businessinsider.com

Scotiabank Reaffirms Their Buy Rating on Telus (TU)

January 4, 2024 | markets.businessinsider.com

Buy Rating for Telus Backed by Strong Market Position and Positive Financial Outlook

December 24, 2023 | finance.yahoo.com

TELUS (TSE:T) shareholders have endured a 7.7% loss from investing in the stock a year ago

December 18, 2023 | ca.news.yahoo.com

Telus battles 400% increase in copper wire thefts in Calgary, as thousands left without phone service

December 7, 2023 | msn.com

Telus urges support for broadcast distributors as CRTC hearing set to wrap up

December 7, 2023 | finance.yahoo.com

TELUS Corp's Dividend Analysis

December 6, 2023 | finance.yahoo.com

TELUS expands its lineup of French-language entertainment with content from Club illico

December 3, 2023 | seekingalpha.com

TELUS: About That Herculean One-Foot Putt

December 1, 2023 | benzinga.com

Canada's TELUS Attains New 3800 MHz Spectrum Licences

November 20, 2023 | finance.yahoo.com

With 54% ownership, TELUS Corporation (TSE:T) boasts of strong institutional backing

November 6, 2023 | fool.ca

Down 16% This Year, Can Telus Turn it Around?

November 5, 2023 | finance.yahoo.com

TELUS Corporation (NYSE:TU) Q3 2023 Earnings Call Transcript

See More Headlines

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Company Calendar

Ex-Dividend for 1/2 Dividend: 12/08/2023
Dividend Payable: 1/02/2024
Last Earnings: 2/09/2024
Today: 2/11/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Utilities
Industry: Radiotelephone communication
Sub-Industry: N/A
Current Symbol: NYSE:TU
CUSIP: N/A
CIK: 868675
Web: www.telus.com
Phone: (604) 697-8044
Fax: N/A
Employees: 108,500
Year Founded: 1990

Price Target and Rating

Average Stock Price Target: $28.81
High Stock Price Target: $35.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +64.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.43
Trailing P/E Ratio: 40.84
Forward P/E Ratio: 21.41
P/E Growth: 3.34
Net Income: $1.24 billion
Net Margins: 4.01%
Pretax Margin: 5.20%
Return on Equity: 7.65%
Return on Assets: 2.43%

Debt

Debt-to-Equity Ratio: 1.34
Current Ratio: 0.66
Quick Ratio: 0.61

Sales & Book Value

Annual Sales: $14.16 billion
Price / Sales: 1.81
Cash Flow: $2.74 per share
Price / Cash Flow: 6.42
Book Value: $9.49 per share
Price / Book: 1.85

Miscellaneous

Outstanding Shares: 1,463,000,000
Free Float: 1,461,683,000
Market Cap: $25.69 billion
Optionable: Optionable
Beta: 0.75

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Key Executives

Mr. Darren Entwistle B.A. (Age 60)
LL.D., M.B.A., President, CEO & Director
Comp: $2.1M
Mr. Douglas French (Age 58)
Executive VP & CFO
Comp: $1.02M
Mr. Tony Geheran (Age 61)
COO & EVP
Comp: $1.03M
Mr. Navin Arora (Age 52)
Executive VP & President of Business Solutions
Comp: $751.22k
Ms. Zainul Mawji
EVP & President of Telus Consumer Solutions
Robert Mitchell
Head of Investor Relations
Ms. Andrea Louise Wood LLB LLM
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: $419.59k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy TELUS Stock? TU Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of TELUS was last updated on Thursday, February 1, 2024 at 2:13 PM.

Pros

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

TELUS Co. operates in the telecommunications and information technology industry, which is a rapidly growing sector with high demand for services.
The company offers a range of telecommunications products and services, including network services, mobile technologies equipment, data services, and television, which provide multiple revenue streams.
TELUS Co. has a strong focus on technology solutions and digitally-led customer experiences, which positions it well in the digital transformation era.
The company has a diversified business model with segments such as Technology Solutions and Digitally-Led Customer Experiences, which allows for balanced growth and risk mitigation.
TELUS Co. has a market capitalization of $26.50 billion, indicating its size and stability in the market.

Cons

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

The stock's current price is $18.21, which may be considered high for some investors.
The company operates in a highly competitive industry, which may lead to pricing pressures and reduced profit margins.
TELUS Co. has a debt-to-equity ratio of 1.34, indicating a relatively high level of debt compared to its equity.
The stock's price-to-earnings-growth ratio is 3.48, suggesting that the stock may be overvalued relative to its growth prospects.
TELUS Co. has a beta of 0.75, indicating that the stock's price is less volatile than the overall market, which may limit potential returns for investors seeking higher risk-reward opportunities.

TU Stock Analysis - Frequently Asked Questions

Should I buy or sell TELUS stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TU, but not buy additional shares or sell existing shares.
View TU analyst ratings or view top-rated stocks.
What is TELUS's stock price target for 2024?: 2 equities research analysts have issued twelve-month price objectives for TELUS's shares. Their TU share price targets range from $20.00 to $35.00. On average, they anticipate the company's share price to reach $28.81 in the next twelve months. This suggests a possible upside of 64.1% from the stock's current price.
View analysts price targets for TU or view top-rated stocks among Wall Street analysts.
How have TU shares performed in 2024?: TELUS's stock was trading at $17.79 at the beginning of the year. Since then, TU stock has decreased by 1.3% and is now trading at $17.56.
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 TU earnings forecast.
How were TELUS's earnings last quarter?: TELUS Co. (NYSE:TU) released its quarterly earnings results on Friday, February, 9th. The Wireless communications provider reported $0.18 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.01. The Wireless communications provider had revenue of $5.20 billion for the quarter, compared to analysts' expectations of $5.24 billion. TELUS had a trailing twelve-month return on equity of 7.65% and a net margin of 4.01%. The company's revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 earnings per share.
How often does TELUS pay dividends? What is the dividend yield for TELUS?: TELUS declared a quarterly dividend on Friday, November 3rd. Investors of record on Monday, December 11th will be given a dividend of $0.271 per share on Tuesday, January 2nd. This represents a $1.08 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date is Friday, December 8th.
Read our dividend analysis for TU.
Is TELUS a good dividend stock?: TELUS (NYSE:TU) pays an annual dividend of $1.11 per share and currently has a dividend yield of 6.32%. TU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 258.14%. 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 119.35% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TU.

When did TELUS's stock split?: 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 distributed to shareholders after the market closes 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 is Darren Entwistle's approval rating as TELUS's CEO?: 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.
What other stocks do shareholders of TELUS own?: 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).
Who are TELUS's major shareholders?: TELUS's stock is owned by a variety of retail and institutional investors. Top institutional investors include Mackenzie Financial Corp (3.91%), Fiera Capital Corp (1.04%), Clearbridge Investments LLC (0.42%), AGF Management Ltd. (0.34%), Norges Bank (0.32%) and Guardian Capital LP (0.29%).
How do I buy shares of TELUS?: Shares of TU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does TELUS have any subsidiaries?: The following companies are subsidiares of TELUS: ADT, AFS Technologies Inc, Assurent Secure Technologies, Blacksmith Applications, Competence Call Center, Decisive Farming, Emergis Inc, Equinoxe Virtual Clinic Corp., Fastvibe Corp., Kinlogix, Lionbridge AI, Medisys Health Group, Mobile Klinik, NIghtingale - Canadian Assets, Price's Alarms, Public Mobile, TELUS Communications, TELUS Employer Solutions Inc, TELUS International (Cda) Inc, Wolf Medical Systems Corp., and mobilicity.
Read More

This page (NYSE:TU) was last updated on 2/12/2024 by MarketBeat.com Staff

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