National Bank Financial Predicts TELUS FY2026 Earnings

TELUS Co. (NYSE:TU - Free Report) TSE: T - National Bank Financial issued their FY2026 EPS estimates for shares of TELUS in a report issued on Thursday, January 9th. National Bank Financial analyst A. Shine expects that the Wireless communications provider will post earnings of $0.72 per share 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 posted its quarterly earnings data on Friday, November 8th. The Wireless communications provider reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.11. The business had revenue of $5.10 billion for the quarter, compared to analysts' expectations of $3.69 billion. TELUS had a return on equity of 8.80% and a net margin of 4.56%. The business's revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.19 EPS.

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

TELUS Stock Up 1.1 %

TU stock traded up $0.15 during midday trading on Monday, hitting $13.79. The stock had a trading volume of 2,941,474 shares, compared to its average volume of 3,343,711. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.69 and a quick ratio of 0.63. The firm has a market cap of $20.69 billion, a price-to-earnings ratio of 29.34, a price-to-earnings-growth ratio of 2.10 and a beta of 0.74. The business has a 50-day moving average of $14.77 and a two-hundred day moving average of $15.65. TELUS has a 52-week low of $13.24 and a 52-week high of $18.55.

TELUS Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 11th were paid a dividend of $0.297 per share. This represents a $1.19 annualized dividend and a yield of 8.61%. This is an increase from TELUS's previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Wednesday, December 11th. TELUS's dividend payout ratio (DPR) is currently 253.19%.

Hedge Funds Weigh In On TELUS

Hedge funds have recently bought and sold shares of the business. Commonwealth Equity Services LLC lifted its holdings in shares of TELUS by 5.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 70,573 shares of the Wireless communications provider's stock valued at $1,068,000 after buying an additional 3,752 shares during the period. Rhumbline Advisers increased its position in TELUS by 4.0% during the second quarter. Rhumbline Advisers now owns 82,149 shares of the Wireless communications provider's stock valued at $1,244,000 after acquiring an additional 3,158 shares during the last quarter. Acadian Asset Management LLC bought a new position in TELUS in the second quarter valued at about $123,000. American Century Companies Inc. boosted its position in TELUS by 2.8% in the second quarter. American Century Companies Inc. now owns 112,419 shares of the Wireless communications provider's stock worth $1,702,000 after purchasing an additional 3,021 shares during the last quarter. Finally, Forsta AP Fonden grew its stake in shares of TELUS by 13.7% during the 2nd quarter. Forsta AP Fonden now owns 316,800 shares of the Wireless communications provider's stock valued at $4,796,000 after purchasing an additional 38,200 shares during the period. Hedge funds and other institutional investors own 49.40% of the company's stock.

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.