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

TELUS Co. (NYSE:TU) (TSE:T) – Research analysts at Desjardins dropped their FY2025 earnings per share estimates for TELUS in a report issued on Monday, November 11th. Desjardins analyst J. Dubreuil now anticipates that the Wireless communications provider will post earnings per share of $0.72 for the year, down from their prior estimate of $0.73. The consensus estimate for TELUS’s current full-year earnings is $0.78 per share.

Several other research firms also recently issued reports on TU. StockNews.com raised TELUS from a “sell” rating to a “hold” rating in a research note on Friday, September 6th. Scotiabank upgraded shares of TELUS from a “sector perform” rating to a “sector outperform” rating in a report on Monday, October 28th. Finally, Canaccord Genuity Group cut shares of TELUS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, TELUS presently has a consensus rating of “Hold” and an average price target of $26.00.

TELUS Stock Performance

Shares of NYSE:TU opened at $15.54 on Thursday. TELUS has a 1 year low of $14.63 and a 1 year high of $19.14. The stock has a market capitalization of $23.19 billion, a price-to-earnings ratio of 33.14, a price-to-earnings-growth ratio of 2.12 and a beta of 0.75. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.69 and a quick ratio of 0.61. The company’s 50 day simple moving average is $16.29 and its 200 day simple moving average is $16.11.

TELUS (NYSE:TU) (TSE:T) last released its earnings results on Friday, November 8th. The Wireless communications provider reported $0.28 EPS for the quarter, beating the consensus estimate of $0.17 by $0.11. TELUS had a net margin of 4.56% and a return on equity of 8.80%. The firm had revenue of $5.10 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same period last year, the firm earned $0.19 EPS. The business’s quarterly revenue was up 1.8% compared to the same quarter last year.

TELUS Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 11th will be issued a $0.297 dividend. The ex-dividend date is Wednesday, December 11th. This represents a $1.19 annualized dividend and a yield of 7.64%. This is a positive change from TELUS’s previous quarterly dividend of $0.28. TELUS’s dividend payout ratio is presently 244.69%.

Institutional Trading of TELUS

Hedge funds and other institutional investors have recently bought and sold shares of the business. Gold Investment Management Ltd. lifted its holdings in shares of TELUS by 0.7% in the second quarter. Gold Investment Management Ltd. now owns 93,275 shares of the Wireless communications provider’s stock valued at $1,412,000 after purchasing an additional 641 shares in the last quarter. Walter Public Investments Inc. boosted its holdings in TELUS by 1.8% during the 2nd quarter. Walter Public Investments Inc. now owns 37,453 shares of the Wireless communications provider’s stock worth $567,000 after acquiring an additional 653 shares during the last quarter. Blue Trust Inc. grew its stake in shares of TELUS by 60.4% in the 2nd quarter. Blue Trust Inc. now owns 2,533 shares of the Wireless communications provider’s stock worth $41,000 after acquiring an additional 954 shares in the last quarter. Trust Co. of Vermont lifted its position in shares of TELUS by 19.0% during the third quarter. Trust Co. of Vermont now owns 7,623 shares of the Wireless communications provider’s stock valued at $128,000 after purchasing an additional 1,218 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its holdings in TELUS by 2.0% during the third quarter. Public Sector Pension Investment Board now owns 77,198 shares of the Wireless communications provider’s stock worth $1,297,000 after purchasing an additional 1,500 shares during the last quarter. Institutional investors own 49.40% of the company’s stock.

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.