FY2025 EPS Estimates for TELUS Co. Reduced by National Bank Financial (TSE:T)

TELUS Co. (TSE:T) (NYSE:TU) – National Bank Financial reduced their FY2025 EPS estimates for shares of TELUS in a note issued to investors on Tuesday, June 25th. National Bank Financial analyst A. Shine now expects that the company will earn $1.14 per share 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 a number of other research reports. Cormark decreased their target price on shares of TELUS from C$27.00 to C$26.00 in a research report on Wednesday, May 15th. Scotiabank decreased their target price on shares of TELUS from C$26.00 to C$24.25 and set a “sector perform” rating on the stock in a research report on Wednesday, April 17th. Royal Bank of Canada decreased their target price on shares of TELUS from C$29.00 to C$26.00 and set a “sector perform” rating on the stock in a research report on Wednesday, April 10th. BMO Capital Markets decreased their target price on shares of TELUS from C$26.00 to C$24.00 in a research report on Tuesday, April 2nd. Finally, TD Securities increased their price target on shares of TELUS from C$25.00 to C$27.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. One 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.com, the stock has an average rating of “Moderate Buy” and an average target price of C$25.33.

TELUS Stock Down 0.4 %

TELUS stock opened at C$20.71 on Thursday. The stock has a market cap of C$30.65 billion, a P/E ratio of 39.83, a P/E/G ratio of 2.07 and a beta of 0.67. The company has a quick ratio of 0.52, a current ratio of 0.67 and a debt-to-equity ratio of 159.88. TELUS has a twelve month low of C$20.67 and a twelve month high of C$26.09. The company’s 50-day moving average price is C$22.09 and its two-hundred day moving average price is C$22.90.

TELUS (TSE:T) (NYSE:TU) last released its quarterly earnings results 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 firm had revenue of C$4.93 billion for the quarter, compared to analysts’ expectations of C$5.06 billion. TELUS had a net margin of 4.20% and a return on equity of 4.96%.

TELUS Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Monday, June 10th will be paid a dividend of $0.389 per share. This represents a $1.56 dividend on an annualized basis and a yield of 7.51%. The ex-dividend date is Monday, June 10th. This is an increase from TELUS’s previous quarterly dividend of $0.38. TELUS’s dividend payout ratio (DPR) is currently 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.