What is Cormark’s Estimate for TELUS FY2026 Earnings?

TELUS Co. (TSE:T) (NYSE:TU) – Equities researchers at Cormark issued their FY2026 earnings estimates for TELUS in a research report issued to clients and investors on Tuesday, March 4th. Cormark analyst D. Mcfadgen forecasts that the company will post earnings of $1.07 per share for the year. Cormark currently has a “Hold” rating on the stock. The consensus estimate for TELUS’s current full-year earnings is $1.23 per share.

Other equities analysts also recently issued reports about the company. TD Securities raised their price target on TELUS from C$24.00 to C$25.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. JPMorgan Chase & Co. lowered their target price on TELUS from C$23.00 to C$22.00 and set a “neutral” rating on the stock in a report on Thursday, January 2nd. Scotiabank cut their price target on TELUS from C$23.25 to C$22.50 and set a “sector perform” rating for the company in a research note on Wednesday, January 8th. Royal Bank of Canada lowered their price objective on shares of TELUS from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 18th. Finally, National Bank Financial downgraded shares of TELUS from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 12th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, TELUS presently has an average rating of “Hold” and a consensus target price of C$23.00.

TELUS Trading Down 1.0 %

Shares of T stock opened at C$22.06 on Wednesday. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 183.41. TELUS has a 12-month low of C$19.10 and a 12-month high of C$23.97. The stock has a market capitalization of C$33.21 billion, a P/E ratio of 35.79, a P/E/G ratio of 1.65 and a beta of 0.72. The firm’s 50 day moving average is C$20.81 and its 200 day moving average is C$21.51.

Insider Buying and Selling

In other TELUS news, Director Hazel Cynthia Claxton acquired 1,845 shares of the stock in a transaction dated Thursday, February 20th. The shares were acquired at an average cost of C$21.70 per share, for a total transaction of C$40,036.50. Also, Director Marc Parent acquired 19,100 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was acquired at an average cost of C$22.04 per share, with a total value of C$420,964.00. 0.02% of the stock is currently owned by insiders.

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.