National Bank Financial Predicts TELUS FY2025 Earnings

TELUS Co. (NYSE:TU) (TSE:T) – Equities research analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for TELUS in a research report issued to clients and investors on Thursday, February 13th. National Bank Financial analyst A. Shine now forecasts that the Wireless communications provider will earn $0.74 per share for the year, up from their prior forecast of $0.73. National Bank Financial currently has a “Sector Perform” rating on the stock. The consensus estimate for TELUS’s current full-year earnings is $0.72 per share. National Bank Financial also issued estimates for TELUS’s FY2025 earnings at $0.74 EPS, FY2026 earnings at $0.78 EPS and FY2026 earnings at $0.78 EPS.

TELUS (NYSE:TU) (TSE:T) last issued its earnings results on Thursday, February 13th. The Wireless communications provider reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.02. TELUS had a return on equity of 8.80% and a net margin of 4.56%. The company had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.64 billion. During the same period in the prior year, the business earned $0.10 EPS.

Several other research firms have also weighed in on TU. StockNews.com upgraded shares of TELUS from a “sell” rating to a “hold” rating in a report on Monday, February 10th. Scotiabank upgraded TELUS from a “sector perform” rating to a “sector outperform” rating in a report on Monday, October 28th. Finally, Morgan Stanley began coverage on TELUS in a research note on Monday, December 16th. They set an “equal weight” rating for the company. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, TELUS currently has a consensus rating of “Hold” and a consensus target price of $26.00.

TELUS Trading Up 0.9 %

Shares of TU opened at $15.39 on Monday. TELUS has a 12-month low of $13.24 and a 12-month high of $18.16. The firm has a market capitalization of $23.08 billion, a P/E ratio of 32.73, a P/E/G ratio of 4.85 and a beta of 0.75. The firm has a 50-day moving average price of $14.21 and a 200 day moving average price of $15.45. The company has a current ratio of 0.69, a quick ratio of 0.63 and a debt-to-equity ratio of 1.50.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TU. Versant Capital Management Inc raised its holdings in shares of TELUS by 195,100.0% in the 4th quarter. Versant Capital Management Inc now owns 1,952 shares of the Wireless communications provider’s stock valued at $26,000 after buying an additional 1,951 shares during the period. Blue Trust Inc. grew its position in TELUS by 58.0% in the 3rd quarter. Blue Trust Inc. now owns 4,001 shares of the Wireless communications provider’s stock valued at $67,000 after acquiring an additional 1,468 shares in the last quarter. Avior Wealth Management LLC increased its stake in TELUS by 1,756.0% during the fourth quarter. Avior Wealth Management LLC now owns 4,807 shares of the Wireless communications provider’s stock worth $65,000 after purchasing an additional 4,548 shares during the period. Trust Co. of Vermont lifted its position in shares of TELUS by 19.0% during the third 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 in the last quarter. Finally, Optiver Holding B.V. purchased a new position in shares of TELUS in the fourth quarter valued at approximately $120,000. 49.40% of the stock is currently owned by institutional investors and hedge funds.

TELUS Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 11th will be paid a $0.2829 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date of this dividend is Tuesday, March 11th. TELUS’s dividend payout ratio (DPR) is 224.49%.

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.