TELUS Co. (NYSE:TU - Free Report) TSE: T - Investment analysts at National Bank Financial issued their Q1 2025 earnings estimates for TELUS in a report issued on Tuesday, April 1st. National Bank Financial analyst A. Shine expects that the Wireless communications provider will earn $0.15 per share for the quarter. National Bank Financial currently has a "Sector Perform" rating on the stock. The consensus estimate for TELUS's current full-year earnings is $0.71 per share.
TELUS (NYSE:TU - Get Free Report) TSE: T last released its quarterly earnings results on Thursday, February 13th. The Wireless communications provider reported $0.18 EPS for the quarter, topping the consensus estimate of $0.16 by $0.02. TELUS had a return on equity of 9.07% and a net margin of 4.85%. The business had revenue of $3.85 billion during the quarter, compared to analysts' expectations of $3.64 billion. During the same quarter in the prior year, the business earned $0.10 earnings per share.
Several other research firms have also recently commented on TU. Morgan Stanley started coverage on TELUS in a report on Monday, December 16th. They issued an "equal weight" rating for the company. StockNews.com raised TELUS from a "sell" rating to a "hold" rating in a report on Monday, February 10th. Bank of America downgraded shares of TELUS from a "buy" rating to a "neutral" rating in a report on Friday, March 21st. Finally, Cormark lowered TELUS from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold".
View Our Latest Report on TU
TELUS Stock Performance
Shares of TU stock traded down $0.31 during mid-day trading on Thursday, hitting $13.95. The stock had a trading volume of 2,013,646 shares, compared to its average volume of 3,821,723. The firm has a market cap of $21.11 billion, a PE ratio of 28.44, a PEG ratio of 5.18 and a beta of 0.70. TELUS has a fifty-two week low of $13.24 and a fifty-two week high of $17.26. The company's 50-day simple moving average is $14.89 and its 200-day simple moving average is $15.08. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.68 and a quick ratio of 0.61.
Institutional Investors Weigh In On TELUS
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc lifted its stake in shares of TELUS by 768.7% in the 1st quarter. Versant Capital Management Inc now owns 16,957 shares of the Wireless communications provider's stock valued at $243,000 after purchasing an additional 15,005 shares during the last quarter. Wellington Management Group LLP lifted its holdings in TELUS by 52.1% in the 4th quarter. Wellington Management Group LLP now owns 390,142 shares of the Wireless communications provider's stock worth $5,287,000 after purchasing an additional 133,636 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ bought a new stake in TELUS during the fourth quarter worth approximately $1,742,000. Mackenzie Financial Corp grew its holdings in TELUS by 22.6% during the fourth quarter. Mackenzie Financial Corp now owns 49,232,693 shares of the Wireless communications provider's stock valued at $667,840,000 after purchasing an additional 9,068,181 shares during the last quarter. Finally, Burgundy Asset Management Ltd. raised its position in shares of TELUS by 26.1% in the fourth quarter. Burgundy Asset Management Ltd. now owns 198,708 shares of the Wireless communications provider's stock valued at $2,692,000 after purchasing an additional 41,119 shares during the period. 49.40% of the stock is owned by hedge funds and other institutional investors.
TELUS Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 11th were given a dividend of $0.2829 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.13 dividend on an annualized basis and a yield of 8.11%. TELUS's payout ratio is presently 226.53%.
TELUS Company Profile
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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.
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