Research Analysts Issue Forecasts for TELUS FY2026 Earnings

TELUS Co. (NYSE:TU - Free Report) TSE: T - Investment analysts at National Bank Financial issued their FY2026 earnings estimates for shares of TELUS in a note issued to investors on Thursday, January 9th. National Bank Financial analyst A. Shine expects that the Wireless communications provider will post earnings per share of $0.72 for the year. National Bank Financial currently has a "Sector Perform" rating on the stock. The consensus estimate for TELUS's current full-year earnings is $0.73 per share.

TELUS (NYSE:TU - Get Free Report) TSE: T last announced its quarterly earnings data on Friday, November 8th. The Wireless communications provider reported $0.28 EPS for the quarter, beating the consensus estimate of $0.17 by $0.11. TELUS had a return on equity of 8.80% and a net margin of 4.56%. The business had revenue of $5.10 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same period in the previous year, the business earned $0.19 earnings per share. The business's revenue was up 1.8% on a year-over-year basis.

TU has been the subject of a number of other research reports. StockNews.com lowered shares of TELUS from a "hold" rating to a "sell" rating in a research report on Thursday, November 21st. Morgan Stanley initiated coverage on shares of TELUS in a report on Monday, December 16th. They set an "equal weight" rating for the company. Finally, Scotiabank raised TELUS from a "sector perform" rating to a "sector outperform" rating in a report on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, TELUS presently has a consensus rating of "Hold" and an average price target of $26.00.

TELUS Trading Down 1.8 %

TU stock opened at $13.65 on Monday. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.69 and a quick ratio of 0.63. TELUS has a 1-year low of $13.24 and a 1-year high of $18.55. The business has a 50 day simple moving average of $14.77 and a two-hundred day simple moving average of $15.65. The company has a market capitalization of $20.48 billion, a price-to-earnings ratio of 29.04, a PEG ratio of 2.10 and a beta of 0.74.

Institutional Trading of TELUS

Several hedge funds have recently made changes to their positions in TU. Versant Capital Management Inc increased its stake in TELUS by 195,100.0% during the fourth quarter. Versant Capital Management Inc now owns 1,952 shares of the Wireless communications provider's stock worth $26,000 after acquiring an additional 1,951 shares during the last quarter. Fairscale Capital LLC purchased a new position in shares of TELUS in the 2nd quarter worth approximately $27,000. Blue Trust Inc. boosted its holdings in shares of TELUS by 58.0% in the 3rd quarter. Blue Trust Inc. now owns 4,001 shares of the Wireless communications provider's stock worth $67,000 after purchasing an additional 1,468 shares during the period. Acadian Asset Management LLC bought a new position in shares of TELUS during the 2nd quarter valued at approximately $123,000. Finally, Trust Co. of Vermont raised its holdings in TELUS by 19.0% during the 3rd quarter. Trust Co. of Vermont now owns 7,623 shares of the Wireless communications provider's stock valued at $128,000 after buying an additional 1,218 shares during the period. 49.40% of the stock is currently owned by hedge funds and other institutional investors.

TELUS Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Wednesday, December 11th were issued a $0.297 dividend. The ex-dividend date was Wednesday, December 11th. This is an increase from TELUS's previous quarterly dividend of $0.28. This represents a $1.19 dividend on an annualized basis and a dividend yield of 8.70%. TELUS's payout ratio is 253.19%.

TELUS Company Profile

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.