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NYSE:TU

TELUS (TU) Stock Price, News & Analysis

TELUS logo
$13.86 +0.11 (+0.80%)
(As of 12/20/2024 05:31 PM ET)

About TELUS Stock (NYSE:TU)

Key Stats

Today's Range
$13.60
$14.00
50-Day Range
$13.75
$16.35
52-Week Range
$13.60
$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

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.

TELUS Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
64th Percentile Overall Score

TU MarketRank™: 

TELUS scored higher than 64% of companies evaluated by MarketBeat, and ranked 59th out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about TELUS's stock forecast and price target.
  • 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 112.76.

  • 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 95.41.

  • 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.

  • 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 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.

  • Read more about TELUS's dividend.
  • 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 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 0.64 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.
  • 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.

  • Read more about TELUS's insider trading history.
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TU Stock News Headlines

Is Telus Stock a Buy Today for its 8% Dividend Yield?
TELUS Co. (NYSE:TU) Receives $26.00 Consensus PT from Analysts
We recommended Palantir in 2021, now we’re recommending this...
My research indicates there is only one investment that can meet AI's unprecedented demand for energy.
Is Telus Stock a Buy for its Dividend Yield?
Retirees: Is TELUS Stock a Risky Buy?
See More Headlines

TU Stock Analysis - Frequently Asked Questions

TELUS's stock was trading at $17.79 at the beginning of 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
.

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

TELUS shares split on the morning of Wednesday, March 18th 2020. The 2-1 split was announced on Thursday, February 13th 2020. The newly created shares were issued 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.

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.

TELUS's top institutional investors 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%).

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.

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

Sector
Utilities
Industry
Radiotelephone communication
Sub-Industry
Communication
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

Net Income
$623.01 million
Pretax Margin
5.82%

Debt

Sales & Book Value

Annual Sales
$19.96 billion
Cash Flow
$2.63 per share
Book Value
$8.76 per share

Miscellaneous

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

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This page (NYSE:TU) was last updated on 12/22/2024 by MarketBeat.com Staff
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