Research Analysts Issue Forecasts for TELUS FY2025 Earnings

TELUS Co. (NYSE:TU) (TSE:T) – Equities researchers at Cormark decreased their FY2025 EPS estimates for TELUS in a research report issued to clients and investors on Monday, November 11th. Cormark analyst D. Mcfadgen now anticipates that the Wireless communications provider will post earnings per share of $0.66 for the year, down from their prior estimate of $0.75. The consensus estimate for TELUS’s current full-year earnings is $0.78 per share.

TELUS (NYSE:TU) (TSE:T) last released its quarterly earnings data on Friday, November 8th. The Wireless communications provider reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.11. TELUS had a net margin of 4.56% and a return on equity of 8.80%. The company had revenue of $5.10 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same period last year, the business earned $0.19 earnings per share. TELUS’s revenue was up 1.8% compared to the same quarter last year.

Several other research firms also recently commented on TU. Scotiabank raised shares of TELUS from a “sector perform” rating to a “sector outperform” rating in a research note on Monday, October 28th. Canaccord Genuity Group cut shares of TELUS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, StockNews.com upgraded shares of TELUS from a “sell” rating to a “hold” rating in a report on Friday, September 6th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, TELUS currently has an average rating of “Hold” and a consensus target price of $26.00.

TELUS Trading Down 0.6 %

Shares of TELUS stock opened at $15.58 on Wednesday. TELUS has a 1 year low of $14.63 and a 1 year high of $19.14. The firm has a market cap of $23.24 billion, a PE ratio of 33.14, a PEG ratio of 2.12 and a beta of 0.75. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.69 and a quick ratio of 0.61. The company has a 50 day simple moving average of $16.31 and a two-hundred day simple moving average of $16.12.

TELUS Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 11th will be given a $0.297 dividend. This is a positive change from TELUS’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $1.19 dividend on an annualized basis and a yield of 7.63%. TELUS’s payout ratio is 244.69%.

Hedge Funds Weigh In On TELUS

Hedge funds have recently bought and sold shares of the business. Fairscale Capital LLC bought a new position in shares of TELUS in the 2nd quarter worth approximately $27,000. Blue Trust Inc. lifted its stake in shares of TELUS by 60.4% in the 2nd quarter. Blue Trust Inc. now owns 2,533 shares of the Wireless communications provider’s stock worth $41,000 after purchasing an additional 954 shares during the period. UniSuper Management Pty Ltd bought a new position in shares of TELUS in the 1st quarter worth approximately $58,000. Acadian Asset Management LLC bought a new position in shares of TELUS in the 2nd quarter worth approximately $123,000. Finally, Trust Co. of Vermont lifted its stake in shares of TELUS by 19.0% in the 3rd quarter. Trust Co. of Vermont now owns 7,623 shares of the Wireless communications provider’s stock worth $128,000 after purchasing an additional 1,218 shares during the period. Hedge funds and other institutional investors own 49.40% of the company’s stock.

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.