Analysts Issue Forecasts for TELUS FY2026 Earnings

TELUS Co. (NYSE:TU) (TSE:T) – Equities researchers at National Bank Financial issued their FY2026 earnings per share estimates for shares of TELUS in a research report issued to clients and 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 currently has a “Sector Perform” rating on the stock. The consensus estimate for TELUS’s current full-year earnings is $0.73 per share.

TELUS (NYSE:TU) (TSE:T) last announced its quarterly earnings data on Friday, November 8th. The Wireless communications provider reported $0.28 earnings per share 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 firm had revenue of $5.10 billion during the quarter, compared to analysts’ expectations of $3.69 billion. During the same period in the previous year, the business posted $0.19 EPS. The company’s quarterly revenue was up 1.8% compared to the same quarter last year.

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

TELUS Price Performance

Shares of TU stock opened at $13.73 on Monday. The firm’s 50 day moving average price is $14.69 and its two-hundred day moving average price is $15.63. The stock has a market cap of $20.60 billion, a PE ratio of 29.21, a PEG ratio of 2.10 and a beta of 0.74. TELUS has a 52-week low of $13.24 and a 52-week high of $18.55. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.63 and a current ratio of 0.69.

Institutional Trading of TELUS

Large investors have recently bought and sold shares of the business. 1832 Asset Management L.P. increased its position in shares of TELUS by 6.6% during the second quarter. 1832 Asset Management L.P. now owns 38,193,733 shares of the Wireless communications provider’s stock worth $578,253,000 after acquiring an additional 2,365,753 shares in the last quarter. National Bank of Canada FI lifted its position in TELUS by 24.2% in the 3rd quarter. National Bank of Canada FI now owns 26,160,789 shares of the Wireless communications provider’s stock valued at $438,922,000 after acquiring an additional 5,094,269 shares in the last quarter. Fiera Capital Corp boosted its stake in TELUS by 1.3% in the 3rd quarter. Fiera Capital Corp now owns 16,882,528 shares of the Wireless communications provider’s stock worth $283,854,000 after purchasing an additional 211,815 shares during the period. Toronto Dominion Bank increased its holdings in TELUS by 5.4% during the 2nd quarter. Toronto Dominion Bank now owns 12,472,610 shares of the Wireless communications provider’s stock worth $188,835,000 after purchasing an additional 636,845 shares in the last quarter. Finally, Janus Henderson Group PLC raised its stake in shares of TELUS by 0.7% in the 3rd quarter. Janus Henderson Group PLC now owns 6,701,819 shares of the Wireless communications provider’s stock valued at $112,610,000 after purchasing an additional 49,088 shares during the period. 49.40% of the stock is owned by institutional investors.

TELUS Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Wednesday, December 11th were issued a dividend of $0.297 per share. This represents a $1.19 annualized dividend and a dividend yield of 8.65%. The ex-dividend date of this dividend was Wednesday, December 11th. This is a boost from TELUS’s previous quarterly dividend of $0.28. TELUS’s payout ratio is 240.43%.

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.