TELUS (TU) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $13.60 to $14.00
• 50-Day Range: $13.75 to $16.35
• 52-Week Range: $13.60 to $18.55
• Volume: 4.46 million shs
• Average Volume: 2.41 million shs
• Market Capitalization: $20.79 billion
• P/E Ratio: 29.49
• Dividend Yield: 8.59%
• Price Target: $26.00
• Consensus Rating: Hold

TELUS Stock Analysis - MarketRank™

TELUS scored higher than 64% of companies evaluated by MarketBeat, and ranked 60th out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

TELUS has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

TELUS has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 1.37%

Earnings Growth

Earnings for TELUS are expected to grow by 1.37% in the coming year, from $0.73 to $0.74 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TELUS is 29.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of TELUS is 29.49, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.36.

Price to Earnings Growth Ratio

TELUS has a PEG Ratio of 2.10. 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 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.26% 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 13.4, which indicates bearish sentiment.

Change versus previous month

Short interest in TELUS has recently decreased by 0.88%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

TELUS is a leading dividend payer. It pays a dividend yield of 8.65%, 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 253.19%. 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 160.81% in the coming year. This indicates that TELUS may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.26% 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 13.4, which indicates bearish sentiment.

Change versus previous month

Short interest in TELUS has recently decreased by 0.88%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.42

News Sentiment

TELUS has a news sentiment score of 0.42. 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 0.66 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for TELUS this week, compared to 5 articles on an average week.

Search Interest

18 people have searched for TU on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.

MarketBeat Follows

5 people have added TELUS to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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

49.40% of the stock of TELUS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TU Stock Analysis - Frequently Asked Questions

How have TU shares performed this year?

TELUS's stock was trading at $17.79 on January 1st, 2024. Since then, TU stock has decreased by 22.1% and is now trading at $13.86.
View the best growth stocks for 2024 here.

How were TELUS's earnings last quarter?

TELUS Co. (NYSE:TU) posted its quarterly earnings data on Friday, November, 8th. The Wireless communications provider reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.11. The company's quarterly revenue was up 1.8% compared to the same quarter last year.

When did TELUS's stock split?

TELUS shares 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 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.

Does TELUS have any subsidiaries?

TELUS subsidiaries include these companies: Blacksmith Applications, Lionbridge AI, Equinoxe Virtual Clinic Corp., Price's Alarms, AFS Technologies Inc, Mobile Klinik, Decisive Farming, and others.

Who are TELUS's major shareholders?

Top institutional investors of TELUS include National Bank of Canada FI (1.75%), CIBC Asset Management Inc (1.35%), Fiera Capital Corp (1.13%) and Toronto Dominion Bank (0.66%).

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.

What other stocks do shareholders of TELUS own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TELUS investors own include Waste Connections (WCN), American Water Works (AWK), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Humana (HUM).

Company Calendar

• Ex-Dividend for 10/1 Dividend: 9/10/2024
• Dividend Payable: 10/01/2024
• Last Earnings: 11/08/2024
• Ex-Dividend for 1/2 Dividend: 12/11/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/02/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Radiotelephone communication
• Sub-Industry: Communication
• Current Symbol: NYSE:TU
• CUSIP: N/A
• CIK: 868675
• Web: www.telus.com
• Phone: (604) 697-8044
• Fax: N/A
• Employees: 106,400
• Year Founded: 1990

Price Target and Rating

• Average Stock Price Target: $26.00
• High Stock Price Target: $26.00
• Low Stock Price Target: $26.00
• Potential Upside/Downside: +87.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.47
• Trailing P/E Ratio: 29.49
• Forward P/E Ratio: 18.99
• P/E Growth: 2.1
• Net Income: $623.01 million
• Net Margins: 4.56%
• Pretax Margin: 5.82%
• Return on Equity: 8.80%
• Return on Assets: 2.64%

Debt

• Debt-to-Equity Ratio: 1.50
• Current Ratio: 0.69
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $19.96 billion
• Price / Sales: 1.04
• Cash Flow: $2.63 per share
• Price / Cash Flow: 5.28
• Book Value: $8.76 per share
• Price / Book: 1.58

Miscellaneous

• Outstanding Shares: 1,500,000,000
• Free Float: 1,498,650,000
• Market Cap: $20.79 billion
• Optionable: Optionable
• Beta: 0.73