Desjardins Has Bearish Outlook for TELUS FY2025 Earnings

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

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

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

TELUS Price Performance

Shares of TELUS stock opened at $15.17 on Thursday. The stock has a market capitalization of $22.63 billion, a price-to-earnings ratio of 32.19, a price-to-earnings-growth ratio of 2.09 and a beta of 0.75. The company has a fifty day moving average of $16.25 and a 200-day moving average of $16.11. TELUS has a 52-week low of $14.63 and a 52-week high of $19.14. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.61 and a current ratio of 0.69.

Institutional Trading of TELUS

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fairscale Capital LLC purchased a new position in TELUS during the 2nd quarter valued at $27,000. Blue Trust Inc. increased its position in shares of TELUS by 60.4% during the second quarter. Blue Trust Inc. now owns 2,533 shares of the Wireless communications provider’s stock valued at $41,000 after buying an additional 954 shares during the period. UniSuper Management Pty Ltd bought a new position in TELUS in the first quarter worth about $58,000. Acadian Asset Management LLC purchased a new stake in TELUS in the second quarter worth about $123,000. Finally, Trust Co. of Vermont boosted its position in TELUS by 19.0% during the 3rd quarter. Trust Co. of Vermont now owns 7,623 shares of the Wireless communications provider’s stock valued at $128,000 after acquiring an additional 1,218 shares in the last quarter. Hedge funds and other institutional investors own 49.40% of the company’s stock.

TELUS Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Wednesday, December 11th will be issued a dividend of $0.297 per share. This represents a $1.19 dividend on an annualized basis and a yield of 7.83%. The ex-dividend date is Wednesday, December 11th. This is an increase from TELUS’s previous quarterly dividend of $0.28. TELUS’s payout ratio is currently 244.69%.

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.