Cormark Weighs in on TELUS’s FY2025 Earnings (NYSE:TU)

TELUS Corporation (NYSE:TU) (TSE:T) – Stock analysts at Cormark decreased their FY2025 earnings per share estimates for TELUS in a note issued to investors on Monday, November 10th. Cormark analyst D. Mcfadgen now expects that the Wireless communications provider will earn $0.73 per share for the year, down from their previous estimate of $0.78. The consensus estimate for TELUS’s current full-year earnings is $0.71 per share. Cormark also issued estimates for TELUS’s FY2026 earnings at $0.79 EPS.

TELUS (NYSE:TU) (TSE:T) last released its quarterly earnings results on Friday, November 7th. The Wireless communications provider reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.02). TELUS had a return on equity of 8.76% and a net margin of 5.71%.The firm had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.77 billion. During the same period last year, the firm earned $0.28 EPS. The company’s quarterly revenue was up .1% compared to the same quarter last year.

Other analysts also recently issued research reports about the stock. Scotiabank reaffirmed an “outperform” rating on shares of TELUS in a report on Tuesday, July 15th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of TELUS in a research note on Thursday, October 30th. Finally, Barclays lowered their target price on TELUS from $15.00 to $14.00 and set an “equal weight” rating on the stock in a report on Monday. One research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $17.75.

TELUS Price Performance

Shares of NYSE TU opened at $14.78 on Wednesday. The company has a current ratio of 0.76, a quick ratio of 0.81 and a debt-to-equity ratio of 1.47. The company’s 50-day moving average price is $15.44 and its 200 day moving average price is $15.87. TELUS has a 52 week low of $13.24 and a 52 week high of $16.74. The stock has a market cap of $22.68 billion, a price-to-earnings ratio of 26.86, a PEG ratio of 5.01 and a beta of 0.71.

TELUS Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Thursday, December 11th will be paid a dividend of $0.4184 per share. The ex-dividend date of this dividend is Thursday, December 11th. This is a positive change from TELUS’s previous quarterly dividend of $0.30. This represents a $1.67 annualized dividend and a dividend yield of 11.3%. TELUS’s payout ratio is currently 220.00%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. TD Asset Management Inc lifted its stake in shares of TELUS by 1.5% during the 3rd quarter. TD Asset Management Inc now owns 36,863,219 shares of the Wireless communications provider’s stock worth $580,740,000 after purchasing an additional 550,574 shares during the period. Vanguard Group Inc. increased its stake in TELUS by 4.6% in the third quarter. Vanguard Group Inc. now owns 28,553,587 shares of the Wireless communications provider’s stock valued at $449,748,000 after purchasing an additional 1,255,029 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its position in TELUS by 9.2% during the first quarter. Federation des caisses Desjardins du Quebec now owns 22,899,251 shares of the Wireless communications provider’s stock worth $328,588,000 after buying an additional 1,938,521 shares during the period. Scotia Capital Inc. lifted its position in TELUS by 1.6% during the second quarter. Scotia Capital Inc. now owns 18,842,084 shares of the Wireless communications provider’s stock worth $302,519,000 after buying an additional 288,532 shares during the period. Finally, CIBC Asset Management Inc boosted its stake in TELUS by 9.1% in the 3rd quarter. CIBC Asset Management Inc now owns 18,764,954 shares of the Wireless communications provider’s stock worth $295,645,000 after buying an additional 1,566,983 shares during the last quarter. 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.