National Bank Financial Predicts TELUS Q1 Earnings

TELUS Co. (NYSE:TU) (TSE:T) – Analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for TELUS in a research report issued on Tuesday, April 1st. National Bank Financial analyst A. Shine forecasts 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.

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

TELUS Stock Down 2.5 %

Shares of 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 PE ratio of 28.59, a P/E/G ratio of 5.18 and a beta of 0.72. The firm has a fifty day moving average of $14.88 and a 200-day moving average of $15.15. TELUS has a 52-week low of $13.24 and a 52-week 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 (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. TELUS had a net margin of 4.85% and a return on equity of 9.07%. The business had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period last year, the company earned $0.10 earnings per share.

TELUS Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors 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 8.08%. TELUS’s payout ratio is currently 226.53%.

Hedge Funds Weigh In On TELUS

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Versant Capital Management Inc grew its holdings in TELUS by 195,100.0% during the 4th quarter. Versant Capital Management Inc now owns 1,952 shares of the Wireless communications provider’s stock valued at $26,000 after purchasing an additional 1,951 shares in the last quarter. Avior Wealth Management LLC increased its holdings in TELUS by 1,756.0% during the 4th quarter. Avior Wealth Management LLC now owns 4,807 shares of the Wireless communications provider’s stock worth $65,000 after purchasing an additional 4,548 shares during the last quarter. Optiver Holding B.V. purchased a new stake in TELUS during the 4th quarter worth approximately $120,000. Blueshift Asset Management LLC acquired a new position in shares of TELUS in the 4th quarter valued at approximately $142,000. Finally, Triasima Portfolio Management inc. purchased a new position in shares of TELUS during the 4th quarter valued at approximately $146,000. 49.40% of the stock is 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.