Research Analysts Offer Predictions for TELUS Q1 Earnings

TELUS Co. (NYSE:TU) (TSE:T) – Stock analysts at National Bank Financial issued their Q1 2025 EPS estimates for TELUS in a research report issued to clients and investors 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 currently has a “Sector Perform” rating on the stock. The consensus estimate for TELUS’s current full-year earnings is $0.71 per share.

Other research analysts also recently issued research reports about the stock. Bank of America downgraded shares of TELUS from a “buy” rating to a “neutral” rating in a research report on Friday, March 21st. StockNews.com upgraded TELUS from a “sell” rating to a “hold” rating in a report on Monday, February 10th. Morgan Stanley started coverage on TELUS in a report on Monday, December 16th. They set an “equal weight” rating on the stock. Finally, Cormark cut TELUS from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

TELUS Stock Down 0.4 %

Shares of TELUS stock opened at $14.49 on Thursday. The firm has a market cap of $21.94 billion, a PE ratio of 29.57, a P/E/G ratio of 5.18 and a beta of 0.70. The business’s 50 day simple moving average is $14.89 and its 200 day simple moving average is $15.12. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.61 and a current ratio of 0.68. TELUS has a 52-week low of $13.24 and a 52-week high of $17.27.

TELUS (NYSE:TU) (TSE:T) last announced its earnings results on Thursday, February 13th. The Wireless communications provider reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. TELUS had a net margin of 4.85% and a return on equity of 9.07%. The firm had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period in the prior year, the business earned $0.10 EPS.

Hedge Funds Weigh In On TELUS

Several large investors have recently modified their holdings of the stock. Barclays PLC raised its holdings in TELUS by 38.5% in the 3rd quarter. Barclays PLC now owns 467,148 shares of the Wireless communications provider’s stock valued at $7,839,000 after acquiring an additional 129,934 shares during the period. FMR LLC lifted its holdings in TELUS by 192.0% during the 3rd quarter. FMR LLC now owns 1,326,632 shares of the Wireless communications provider’s stock worth $22,257,000 after purchasing an additional 872,235 shares during the last quarter. Duff & Phelps Investment Management Co. boosted its stake 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 valued at $44,785,000 after purchasing an additional 317,000 shares during the period. AEGON ASSET MANAGEMENT UK Plc increased its position in TELUS by 6.9% during the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 1,017,200 shares of the Wireless communications provider’s stock worth $13,785,000 after buying an additional 65,940 shares during the period. Finally, Centre Asset Management LLC acquired a new stake in shares of TELUS during the fourth quarter worth $6,946,000. 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. Shareholders of record on Tuesday, March 11th were given a dividend of $0.2829 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.13 dividend on an annualized basis and a yield of 7.81%. TELUS’s dividend payout ratio (DPR) is 226.53%.

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.