Analysts Set Expectations for TELUS FY2026 Earnings

TELUS Co. (NYSE:TU) (TSE:T) – Stock analysts at National Bank Financial issued their FY2026 earnings per share (EPS) estimates for shares of TELUS in a note issued to investors on Thursday, January 9th. National Bank Financial analyst A. Shine anticipates that the Wireless communications provider will post earnings per share of $0.72 for the year. National Bank Financial has a “Sector Perform” rating on the stock. The consensus estimate for TELUS’s current full-year earnings is $0.73 per share.

A number of other brokerages have also recently commented on TU. StockNews.com cut TELUS from a “hold” rating to a “sell” rating in a research note on Thursday, November 21st. Morgan Stanley began coverage on shares of TELUS in a research note on Monday, December 16th. They set an “equal weight” rating for the company. Finally, Scotiabank upgraded shares of TELUS from a “sector perform” rating to a “sector outperform” rating in a report on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, TELUS presently has a consensus rating of “Hold” and an average target price of $26.00.

TELUS Price Performance

Shares of NYSE TU opened at $13.79 on Monday. TELUS has a 1-year low of $13.24 and a 1-year high of $18.55. The firm has a market capitalization of $20.69 billion, a P/E ratio of 29.34, a P/E/G ratio of 2.10 and a beta of 0.74. The firm’s 50-day moving average price is $14.73 and its 200-day moving average price is $15.64. The company has a current ratio of 0.69, a quick ratio of 0.63 and a debt-to-equity ratio of 1.50.

TELUS (NYSE:TU) (TSE:T) last released its earnings results on Friday, November 8th. The Wireless communications provider reported $0.28 EPS for the quarter, topping the consensus estimate of $0.17 by $0.11. TELUS had a return on equity of 8.80% and a net margin of 4.56%. The business had revenue of $5.10 billion during the quarter, compared to analysts’ expectations of $3.69 billion. During the same quarter last year, the firm posted $0.19 earnings per share. The firm’s revenue was up 1.8% on a year-over-year basis.

TELUS Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 11th were paid a $0.297 dividend. This is a positive change from TELUS’s previous quarterly dividend of $0.28. The ex-dividend date was Wednesday, December 11th. This represents a $1.19 annualized dividend and a yield of 8.61%. TELUS’s dividend payout ratio (DPR) is 240.43%.

Institutional Trading of TELUS

Hedge funds have recently bought and sold shares of the business. Centre Asset Management LLC purchased a new position in TELUS in the fourth quarter valued at approximately $6,946,000. Versant Capital Management Inc raised its stake in shares of TELUS by 195,100.0% in the fourth 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. Tidal Investments LLC purchased a new position in shares of TELUS during the 3rd quarter valued at $320,000. Geode Capital Management LLC increased its holdings in TELUS by 8.2% in the 3rd quarter. Geode Capital Management LLC now owns 2,335,660 shares of the Wireless communications provider’s stock worth $40,238,000 after acquiring an additional 177,953 shares during the last quarter. Finally, Duff & Phelps Investment Management Co. increased its holdings in TELUS by 13.5% in the 3rd quarter. Duff & Phelps Investment Management Co. now owns 2,666,500 shares of the Wireless communications provider’s stock worth $44,785,000 after acquiring an additional 317,000 shares during the last quarter. 49.40% of the stock is currently owned by institutional investors.

About TELUS

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.