National Bank Financial Predicts TELUS FY2025 Earnings

TELUS Corporation (NYSE:TU) (TSE:T) – Equities researchers at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for shares of TELUS in a note issued to investors on Monday, August 4th. National Bank Financial analyst A. Shine now forecasts that the Wireless communications provider will post earnings of $0.77 per share for the year, down from their previous estimate of $0.80. The consensus estimate for TELUS’s current full-year earnings is $0.71 per share.

TELUS (NYSE:TU) (TSE:T) last announced its quarterly earnings data on Friday, August 1st. The Wireless communications provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). TELUS had a net margin of 4.67% and a return on equity of 9.10%. The company had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.63 billion. During the same quarter in the previous year, the business posted $0.25 EPS. The business’s quarterly revenue was up 2.2% compared to the same quarter last year.

Several other brokerages have also recently issued reports on TU. Scotiabank restated an “outperform” rating on shares of TELUS in a report on Tuesday, July 15th. Canaccord Genuity Group boosted their price target on shares of TELUS from $20.25 to $21.50 and gave the company a “hold” rating in a research report on Monday, May 12th. Finally, National Bankshares reaffirmed a “sector perform” rating on shares of TELUS in a report on Monday, May 12th. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $21.50.

TELUS Price Performance

TELUS stock opened at $15.90 on Wednesday. The company has a current ratio of 0.86, a quick ratio of 0.59 and a debt-to-equity ratio of 1.72. The company has a fifty day simple moving average of $16.22 and a 200-day simple moving average of $15.41. The stock has a market cap of $24.24 billion, a P/E ratio of 34.56, a price-to-earnings-growth ratio of 4.83 and a beta of 0.73. TELUS has a 12-month low of $13.24 and a 12-month high of $17.26.

Institutional Trading of TELUS

Several institutional investors and hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC boosted its stake in shares of TELUS by 71.9% during the 1st quarter. Farther Finance Advisors LLC now owns 2,321 shares of the Wireless communications provider’s stock worth $33,000 after purchasing an additional 971 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of TELUS by 26.1% during the second quarter. Blue Trust Inc. now owns 3,227 shares of the Wireless communications provider’s stock valued at $52,000 after buying an additional 667 shares during the period. CWM LLC boosted its position in TELUS by 169.6% during the second quarter. CWM LLC now owns 3,658 shares of the Wireless communications provider’s stock worth $59,000 after acquiring an additional 2,301 shares during the last quarter. NBC Securities Inc. raised its holdings in TELUS by 112,425.0% in the 1st quarter. NBC Securities Inc. now owns 4,501 shares of the Wireless communications provider’s stock valued at $64,000 after acquiring an additional 4,497 shares during the last quarter. Finally, Trust Co. of Vermont lifted its stake in shares of TELUS by 10.5% during the 1st quarter. Trust Co. of Vermont now owns 8,423 shares of the Wireless communications provider’s stock worth $121,000 after purchasing an additional 800 shares during the period. Hedge funds and other institutional investors own 49.40% of the company’s stock.

TELUS Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Wednesday, September 10th will be paid a dividend of $0.3019 per share. This is a boost from TELUS’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $1.21 annualized dividend and a dividend yield of 7.6%. TELUS’s dividend payout ratio is presently 263.04%.

TELUS Company Profile

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.