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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
NYSE:TU

TELUS (TU) Stock Price, News & Analysis

$15.78
+0.02 (+0.13%)
(As of 04/18/2024 ET)
Today's Range
$15.67
$15.88
50-Day Range
$15.69
$18.06
52-Week Range
$15.35
$21.34
Volume
1.48 million shs
Average Volume
3.31 million shs
Market Capitalization
$23.29 billion
P/E Ratio
36.70
Dividend Yield
7.03%
Price Target
$27.31

TELUS MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
73.1% Upside
$27.31 Price Target
Short Interest
Bearish
1.64% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.22mentions of TELUS in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.69%
From $0.77 to $0.86 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.86 out of 5 stars

Utilities Sector

60th out of 90 stocks

Radiotelephone Communication Industry

3rd out of 7 stocks

TU stock logo

About TELUS Stock (NYSE:TU)

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.

TU Stock Price History

TU Stock News Headlines

TELUS (NYSE:TU) Reaches New 1-Year Low at $15.35
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
T:CA TELUS Corporation
The Top 7 Telecom Stocks to Buy in March 2024
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
VIV vs. TU: Which Stock Should Value Investors Buy Now?
TU Jun 2024 12.500 put
TU Sep 2024 17.500 call
Company News for Feb 12, 2024
TELUS: A Key Reason For The Poor Performance
Telus (TU) Surpasses Q4 Earnings Estimates
See More Headlines
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Company Calendar

Last Earnings
2/09/2024
Ex-Dividend for 4/1 Dividend
3/08/2024
Dividend Payable
4/01/2024
Today
4/18/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Radiotelephone communication
Sub-Industry
N/A
Fax
N/A
Employees
106,400
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$27.31
High Stock Price Target
$35.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+73.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$623.01 million
Pretax Margin
5.44%

Debt

Sales & Book Value

Annual Sales
$14.90 billion
Cash Flow
$2.77 per share
Book Value
$8.76 per share

Miscellaneous

Outstanding Shares
1,476,000,000
Free Float
1,474,672,000
Market Cap
$23.29 billion
Optionable
Optionable
Beta
0.72

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Key Executives

  • Mr. Darren Entwistle B.A. (Age 60)
    LL.D., M.B.A., President, CEO & Director
    Comp: $2.25M
  • Mr. Douglas French (Age 58)
    Executive VP & CFO
    Comp: $1.02M
  • Mr. Tony Geheran (Age 60)
    COO & EVP
    Comp: $1.01M
  • Mr. Navin Arora (Age 52)
    Executive VP & President of Business Solutions
    Comp: $952.85k
  • Ms. Zainul Mawji
    EVP & President of Telus Consumer Solutions
  • Robert Mitchell
    Head of Investor Relations
  • Ms. Andrea Louise Wood LLB LLM
    Executive VP and Chief Legal & Governance Officer
  • Ms. Jill Schnarr
    Chief Communications & Brand Officer
  • Ms. Sandy McIntosh
    Executive VP of People & Culture and Chief Human Resources Officer
  • Mr. Francois Cote (Age 66)
    Executive Vice President
    Comp: $412.65k

Should I Buy TELUS Stock? TU Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in TELUS Co.:

  • TELUS Co. reported earnings per share that exceeded analysts' consensus estimates, indicating strong financial performance.
  • With a market cap of $24.37 billion, TELUS Co. is a significant player in the telecommunications industry, providing stability and potential growth.
  • TELUS Co. offers a diverse range of telecommunications and information technology products and services, tapping into multiple revenue streams.
  • The company's focus on digital customer experience and transformation solutions, including artificial intelligence, positions it well in the evolving tech landscape.
  • Despite fluctuations, TELUS Co.'s stock price has shown resilience, making it an attractive investment option.

Cons

Investors should be bearish about investing in TELUS Co. for these reasons:

  • TELUS Co. operates in a highly competitive industry, facing challenges from other major players that could impact its market share and profitability.
  • The company's debt-to-equity ratio of 1.35 indicates a relatively high level of debt, which may pose risks during economic downturns or interest rate hikes.
  • TELUS Co.'s PE ratio of 38.40 suggests the stock may be overvalued compared to industry peers, potentially limiting short-term gains.
  • While TELUS Co. has shown growth potential, its PEG ratio of 3.69 indicates a higher valuation relative to its expected earnings growth, signaling a less favorable investment metric.
  • Investors should consider the company's beta of 0.73, indicating lower volatility compared to the market, which may impact potential returns for risk-tolerant investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these TELUS pros and cons to contact@marketbeat.com.

TU Stock Analysis - Frequently Asked Questions

Should I buy or sell TELUS stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TU, but not buy additional shares or sell existing shares.
View TU analyst ratings
or view top-rated stocks.

What is TELUS's stock price target for 2024?

4 brokerages have issued 12 month target prices for TELUS's stock. Their TU share price targets range from $20.00 to $35.00. On average, they predict the company's share price to reach $27.31 in the next twelve months. This suggests a possible upside of 73.1% from the stock's current price.
View analysts price targets for TU
or view top-rated stocks among Wall Street analysts.

How have TU shares performed in 2024?

TELUS's stock was trading at $17.79 at the beginning of the year. Since then, TU stock has decreased by 11.3% and is now trading at $15.78.
View the best growth stocks for 2024 here
.

When is TELUS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our TU earnings forecast
.

How were TELUS's earnings last quarter?

TELUS Co. (NYSE:TU) issued its earnings results on Friday, February, 9th. The Wireless communications provider reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.01. The Wireless communications provider had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.24 billion. TELUS had a net margin of 4.18% and a trailing twelve-month return on equity of 7.81%. The firm's quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.17 earnings per share.

How often does TELUS pay dividends? What is the dividend yield for TELUS?

TELUS announced a quarterly dividend on Monday, February 12th. Shareholders of record on Monday, March 11th will be given a dividend of $0.2793 per share on Monday, April 1st. This represents a $1.12 annualized dividend and a yield of 7.08%. The ex-dividend date is Friday, March 8th. This is a boost from the stock's previous quarterly dividend of $0.27.
Read our dividend analysis for TU
.

Is TELUS a good dividend stock?

TELUS (NYSE:TU) pays an annual dividend of $1.11 per share and currently has a dividend yield of 7.04%. TU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 258.14%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TU will have a dividend payout ratio of 129.07% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TU.

When did TELUS's stock split?

Shares of TELUS split on Wednesday, March 18th 2020. The 2-1 split was announced on Thursday, February 13th 2020. The newly minted 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.

What is Darren Entwistle's approval rating as TELUS's CEO?

330 employees have rated TELUS Chief Executive Officer Darren Entwistle on Glassdoor.com. Darren Entwistle has an approval rating of 84% among the company's employees.

What other stocks do shareholders of TELUS own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TELUS investors own include AT&T (T), Pfizer (PFE), Verizon Communications (VZ), Energy Transfer (ET), AbbVie (ABBV), Intel (INTC), Altria Group (MO), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ) and Walmart (WMT).

Who are TELUS's major shareholders?

TELUS's stock is owned by a number of retail and institutional investors. Top institutional investors include Nexus Investment Management ULC (0.12%), Addenda Capital Inc. (0.03%), Pacifica Partners Inc. (0.01%), Grassi Investment Management (0.00%), First Affirmative Financial Network (0.00%) and Hennion & Walsh Asset Management Inc. (0.00%).

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.

Does TELUS have any subsidiaries?
The following companies are subsidiares of TELUS: ADT, AFS Technologies Inc, Assurent Secure Technologies, Blacksmith Applications, Competence Call Center, Decisive Farming, Emergis Inc, Equinoxe Virtual Clinic Corp., Fastvibe Corp., Kinlogix, Lionbridge AI, Medisys Health Group, Mobile Klinik, NIghtingale - Canadian Assets, Price's Alarms, Public Mobile, TELUS Communications, TELUS Employer Solutions Inc, TELUS International (Cda) Inc, Wolf Medical Systems Corp., and mobilicity.
Read More
This page (NYSE:TU) was last updated on 4/19/2024 by MarketBeat.com Staff

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