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The Most Bought AI Stock by Congress Isn’t NVIDIA
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Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
TSE:T

TELUS (T) Stock Price, News & Analysis

C$21.59
+0.25 (+1.17%)
(As of 03/27/2024 ET)
Today's Range
C$21.35
C$21.68
50-Day Range
C$21.34
C$24.73
52-Week Range
C$21.16
C$28.95
Volume
3.24 million shs
Average Volume
2.96 million shs
Market Capitalization
C$31.95 billion
P/E Ratio
37.88
Dividend Yield
6.95%
Price Target
C$27.36

TELUS MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
26.7% Upside
C$27.36 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.02mentions of TELUS in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

3.32 out of 5 stars

T stock logo

About TELUS Stock (TSE:T)

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.

T Stock Price History

T Stock News Headlines

[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
TELUS (TSE:T) Rating Lowered to Sector Perform at Scotiabank
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Is Telus a Buy, Hold, or Sell?
See More Headlines
Receive T Stock News and Ratings via Email

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Company Calendar

Ex-Dividend for 1/2 Dividend
12/08/2023
Dividend Payable
1/02/2024
Last Earnings
2/09/2024
Ex-Dividend for 4/1 Dividend
3/08/2024
Today
3/28/2024
Dividend Payable
4/01/2024
Next Earnings (Estimated)
5/02/2024

Industry, Sector and Symbol

Industry
Telecom Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
106,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$27.36
High Stock Price Target
C$32.00
Low Stock Price Target
C$24.00
Potential Upside/Downside
+26.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
C$841 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$20 billion
Cash Flow
C$0.77 per share
Book Value
C$10.98 per share

Miscellaneous

Outstanding Shares
1,480,000,000
Free Float
N/A
Market Cap
C$31.95 billion
Optionable
Not Optionable
Beta
0.70
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Key Executives

  • Mr. Darren Entwistle B.A. (Age 60)
    LL.D., M.B.A., President, CEO & Director
    Comp: $2.83M
  • Mr. Douglas French (Age 58)
    Executive VP & CFO
    Comp: $1.38M
  • Mr. Tony Geheran (Age 60)
    COO & EVP
    Comp: $1.39M
  • Mr. Navin Arora (Age 52)
    Executive VP & President of Business Solutions
    Comp: $1.01M
  • 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: $564.93k

Should I Buy TELUS Stock? T Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of TELUS was last updated on Tuesday, March 26, 2024 at 11:11 PM.

Pros

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

  • TELUS has a diverse range of telecommunications and information technology products and services, providing a stable revenue stream.
  • The company offers innovative solutions in areas such as healthcare services, cloud-based services, and artificial intelligence, showcasing potential for growth and market leadership.
  • TELUS has a strong focus on digital customer experience and transformation solutions, aligning with the increasing demand for digital services in the market.
  • Despite recent downgrades by some analysts, TELUS has a moderate consensus rating of Moderate Buy and a consensus target price of C$27.36, indicating potential upside.
  • With a market capitalization of C$31.76 billion and a diverse portfolio of services, TELUS presents itself as a solid investment option in the telecom sector.

Cons

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

  • Recent downgrades by analysts may indicate potential challenges or uncertainties in the company's performance and future prospects.
  • The stock price of TELUS has experienced fluctuations, with a 12-month low of C$21.16, suggesting volatility in the market.
  • TELUS operates in a competitive industry where technological advancements and regulatory changes can impact profitability and market share.
  • The company's debt-to-equity ratio of 159.88 may raise concerns about its financial leverage and ability to manage debt effectively.
  • Investors should carefully monitor TELUS's financial performance and market position to assess the impact of industry dynamics on its long-term growth potential.

T Stock Analysis - Frequently Asked Questions

Should I buy or sell TELUS stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" T shares.
View T analyst ratings
or view top-rated stocks.

What is TELUS's stock price target for 2024?

10 analysts have issued 12-month price targets for TELUS's shares. Their T share price targets range from C$24.00 to C$32.00. On average, they expect the company's share price to reach C$27.36 in the next year. This suggests a possible upside of 26.7% from the stock's current price.
View analysts price targets for T
or view top-rated stocks among Wall Street analysts.

How have T shares performed in 2024?

TELUS's stock was trading at C$23.58 on January 1st, 2024. Since then, T shares have decreased by 8.4% and is now trading at C$21.59.
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 T earnings forecast
.

How were TELUS's earnings last quarter?

TELUS Co. (TSE:T) posted its quarterly earnings data on Friday, February, 9th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.01. The business earned $5.20 billion during the quarter, compared to the consensus estimate of $5.24 billion. TELUS had a trailing twelve-month return on equity of 4.96% and a net margin of 4.20%.

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

TELUS declared a quarterly dividend on Friday, February 9th. Shareholders of record on Monday, March 11th will be paid a dividend of 0.376 per share on Monday, April 1st. This represents a $1.50 annualized dividend and a dividend yield of 6.97%. The ex-dividend date is Friday, March 8th.
Read our dividend analysis for T
.

Is TELUS a good dividend stock?

TELUS (TSE:T) pays an annual dividend of C$1.50 per share and currently has a dividend yield of 7.01%. T has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 263.16%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for T.

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 created shares were payable 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.

What other stocks do shareholders of TELUS own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TELUS investors own include Toronto-Dominion Bank (TD), Enbridge (ENB), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), BCE (BCE), Fortis (FTS), Manulife Financial (MFC), Bank of Montreal (BMO), Canadian National Railway (CNR) and Suncor Energy (SU).

How do I buy shares of TELUS?

Shares of T stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:T) was last updated on 3/28/2024 by MarketBeat.com Staff

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