Brokers Issue Forecasts for TELUS Co.’s FY2025 Earnings (TSE:T)

TELUS Co. (TSE:T) (NYSE:TU) – Equities research analysts at National Bank Financial lowered their FY2025 earnings per share estimates for shares of TELUS in a research note issued to investors on Tuesday, June 25th. National Bank Financial analyst A. Shine now expects that the company will post earnings per share of $1.14 for the year, down from their prior estimate of $1.15. The consensus estimate for TELUS’s current full-year earnings is $1.00 per share.

T has been the topic of several other reports. BMO Capital Markets reduced their price objective on TELUS from C$26.00 to C$24.00 in a research note on Tuesday, April 2nd. Royal Bank of Canada dropped their target price on TELUS from C$29.00 to C$26.00 and set a “sector perform” rating on the stock in a report on Wednesday, April 10th. TD Securities raised their target price on TELUS from C$25.00 to C$27.00 and gave the company a “buy” rating in a report on Tuesday, May 21st. CIBC dropped their target price on TELUS from C$28.00 to C$26.00 in a report on Thursday, April 4th. Finally, National Bankshares dropped their target price on TELUS from C$25.00 to C$23.00 and set an “outperform” rating on the stock in a report on Wednesday. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$25.33.

TELUS Stock Performance

TSE T opened at C$20.82 on Thursday. The firm has a market capitalization of C$30.81 billion, a P/E ratio of 40.02, a P/E/G ratio of 2.07 and a beta of 0.67. TELUS has a 1-year low of C$20.70 and a 1-year high of C$26.09. The company has a debt-to-equity ratio of 159.88, a current ratio of 0.67 and a quick ratio of 0.52. The business’s 50-day simple moving average is C$22.15 and its 200-day simple moving average is C$22.96.

TELUS (TSE:T) (NYSE:TU) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.26 earnings per share for the quarter, beating the consensus estimate of C$0.24 by C$0.02. The business had revenue of C$4.93 billion for the quarter, compared to analyst estimates of C$5.06 billion. TELUS had a return on equity of 4.96% and a net margin of 4.20%.

TELUS Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Monday, June 10th will be issued a $0.389 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.47%. This is an increase from TELUS’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Monday, June 10th. TELUS’s payout ratio is 288.46%.

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.