TELUS Co. (TSE:T – Free Report) (NYSE:TU) – Equities research analysts at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for TELUS in a research report issued to clients and investors on Monday, August 4th. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $1.06 for the year, down from their previous forecast of $1.10. The consensus estimate for TELUS’s current full-year earnings is $1.23 per share. National Bank Financial also issued estimates for TELUS’s FY2026 earnings at $1.17 EPS.
Several other brokerages also recently weighed in on T. Scotiabank set a C$24.50 target price on TELUS and gave the company an “outperform” rating in a research note on Friday, June 13th. National Bankshares raised their price target on TELUS from C$22.00 to C$23.00 and gave the company a “sector perform” rating in a report on Friday, June 6th. Canaccord Genuity Group upped their price objective on shares of TELUS from C$20.25 to C$21.50 in a report on Monday, May 12th. Royal Bank Of Canada decreased their target price on shares of TELUS from C$25.00 to C$24.00 and set an “outperform” rating for the company in a research report on Wednesday, April 9th. Finally, BMO Capital Markets boosted their price target on shares of TELUS from C$23.00 to C$24.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, TELUS has an average rating of “Hold” and a consensus target price of C$23.18.
TELUS Price Performance
Shares of T opened at C$21.84 on Wednesday. The company has a debt-to-equity ratio of 183.41, a current ratio of 0.69 and a quick ratio of 0.52. The company has a market cap of C$32.88 billion, a P/E ratio of 35.44, a PEG ratio of 1.65 and a beta of 0.72. TELUS has a 12 month low of C$19.10 and a 12 month high of C$23.43. The stock has a fifty day moving average price of C$22.20 and a 200 day moving average price of C$21.54.
TELUS Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Wednesday, September 10th will be given a dividend of $0.4163 per share. This represents a $1.67 dividend on an annualized basis and a yield of 7.6%. This is a boost from TELUS’s previous quarterly dividend of $0.40. TELUS’s dividend payout ratio is presently 253.11%.
About TELUS
Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services.
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