Research Analysts Issue Forecasts for TELUS Q1 Earnings

TELUS Co. (NYSE:TU) (TSE:T) – National Bank Financial issued their Q1 2025 earnings estimates for TELUS in a research note issued on Tuesday, April 1st. National Bank Financial analyst A. Shine expects that the Wireless communications provider will earn $0.15 per share for the quarter. National Bank Financial has a “Sector Perform” rating on the stock. The consensus estimate for TELUS’s current full-year earnings is $0.71 per share.

A number of other research analysts have also recently commented on TU. Bank of America cut TELUS from a “buy” rating to a “neutral” rating in a research note on Friday, March 21st. Cormark downgraded shares of TELUS from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Morgan Stanley initiated coverage on shares of TELUS in a research report on Monday, December 16th. They issued an “equal weight” rating for the company. Finally, StockNews.com raised TELUS from a “sell” rating to a “hold” rating in a research report on Monday, February 10th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

TELUS Trading Down 0.4 %

Shares of TELUS stock opened at $14.49 on Thursday. The firm has a market capitalization of $21.94 billion, a PE ratio of 29.57, a price-to-earnings-growth ratio of 5.18 and a beta of 0.70. The company has a current ratio of 0.68, a quick ratio of 0.61 and a debt-to-equity ratio of 1.52. The firm’s 50 day moving average is $14.89 and its 200 day moving average is $15.12. TELUS has a 1 year low of $13.24 and a 1 year high of $17.27.

TELUS (NYSE:TU) (TSE:T) last released its earnings results on Thursday, February 13th. The Wireless communications provider reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.02. TELUS had a return on equity of 9.07% and a net margin of 4.85%. The firm 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 company earned $0.10 earnings per share.

Institutional Trading of TELUS

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mackenzie Financial Corp grew its stake in TELUS by 22.6% in the fourth quarter. Mackenzie Financial Corp now owns 49,232,693 shares of the Wireless communications provider’s stock valued at $667,840,000 after acquiring an additional 9,068,181 shares during the period. Bank of Nova Scotia lifted its stake in shares of TELUS by 28.3% in the fourth quarter. Bank of Nova Scotia now owns 30,219,141 shares of the Wireless communications provider’s stock valued at $409,662,000 after buying an additional 6,659,564 shares in the last quarter. Norges Bank acquired a new position in shares of TELUS during the fourth quarter valued at about $70,212,000. National Bank of Canada FI increased its position in shares of TELUS by 24.2% during the third quarter. National Bank of Canada FI now owns 26,160,789 shares of the Wireless communications provider’s stock worth $438,922,000 after acquiring an additional 5,094,269 shares in the last quarter. Finally, Mufg Securities Canada LTD. raised its holdings in shares of TELUS by 68.9% in the 4th quarter. Mufg Securities Canada LTD. now owns 2,236,163 shares of the Wireless communications provider’s stock worth $30,299,000 after acquiring an additional 912,277 shares during the last quarter. 49.40% of the stock is owned by institutional investors.

TELUS Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 11th were issued a dividend of $0.2829 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.13 annualized dividend and a dividend yield of 7.81%. TELUS’s dividend payout ratio is currently 226.53%.

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.