Brokers Offer Predictions for TELUS Q1 Earnings

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

Several other equities research analysts have also commented on TU. Cormark lowered shares of TELUS from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Bank of America downgraded shares of TELUS from a “buy” rating to a “neutral” rating in a report on Friday, March 21st. Morgan Stanley started coverage on shares of TELUS in a 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 note on Monday, February 10th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

TELUS Trading Down 2.5 %

NYSE TU opened at $14.01 on Thursday. The company has a quick ratio of 0.61, a current ratio of 0.68 and a debt-to-equity ratio of 1.52. The stock has a market capitalization of $21.21 billion, a P/E ratio of 28.59, a P/E/G ratio of 5.18 and a beta of 0.72. TELUS has a 52-week low of $13.24 and a 52-week high of $17.27. The firm has a 50-day moving average price of $14.88 and a 200 day moving average price of $15.15.

TELUS (NYSE:TU) (TSE:T) last issued its quarterly earnings data on Thursday, February 13th. The Wireless communications provider reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. The company had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.64 billion. TELUS had a return on equity of 9.07% and a net margin of 4.85%. During the same quarter last year, the company posted $0.10 earnings per share.

TELUS Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 11th were given a dividend of $0.2829 per share. This represents a $1.13 dividend on an annualized basis and a yield of 8.08%. The ex-dividend date was Tuesday, March 11th. TELUS’s payout ratio is currently 226.53%.

Institutional Trading of TELUS

Several large investors have recently modified their holdings of TU. Versant Capital Management Inc lifted its stake in 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 in the last quarter. Avior Wealth Management LLC raised its holdings in shares of TELUS by 1,756.0% in the fourth quarter. Avior Wealth Management LLC now owns 4,807 shares of the Wireless communications provider’s stock worth $65,000 after acquiring an additional 4,548 shares during the last quarter. Optiver Holding B.V. purchased a new stake in shares of TELUS in the fourth quarter valued at $120,000. Blueshift Asset Management LLC acquired a new stake in shares of TELUS during the fourth quarter valued at $142,000. Finally, Triasima Portfolio Management inc. purchased a new stake in TELUS during the 4th quarter worth about $146,000. 49.40% of the stock is currently owned by institutional investors and hedge funds.

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.