TELUS Co. (TSE:T – Get Rating) (NYSE:TU) – Stock analysts at Cormark issued their Q1 2022 earnings estimates for shares of TELUS in a report released on Wednesday, April 27th. Cormark analyst D. Mcfadgen forecasts that the company will post earnings of $0.26 per share for the quarter.
TELUS (TSE:T – Get Rating) (NYSE:TU) last announced its earnings results on Thursday, February 10th. The company reported C$0.23 EPS for the quarter, missing analysts’ consensus estimates of C$0.25 by C($0.02). The company had revenue of C$4.87 billion during the quarter, compared to the consensus estimate of C$4.40 billion.
Shares of TELUS stock opened at C$32.67 on Thursday. The business has a 50-day moving average of C$32.89 and a 200 day moving average of C$30.61. TELUS has a 12 month low of C$25.36 and a 12 month high of C$34.65. The stock has a market capitalization of C$44.76 billion and a price-to-earnings ratio of 26.78. The company has a debt-to-equity ratio of 131.14, a current ratio of 0.61 and a quick ratio of 0.49.
In related news, Senior Officer Douglas French sold 7,240 shares of TELUS stock in a transaction that occurred on Friday, February 25th. The stock was sold at an average price of C$32.04, for a total value of C$231,957.29. Following the sale, the insider now directly owns 94,783 shares in the company, valued at C$3,036,686.19.
The business also recently announced a quarterly dividend, which was paid on Friday, April 1st. Stockholders of record on Friday, March 11th were issued a $0.327 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend was Thursday, March 10th. TELUS’s payout ratio is currently 104.18%.
About TELUS (Get Rating)
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 revenue; equipment sales from mobile technologies; data services revenues, such as internet protocol; television; hosting, managed information technology, and cloud-based services; customer care and business services; healthcare solutions; and home and business security, agriculture, voice, and other telecommunications services.
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