Shares of TELUS Co. (TSE:T – Get Free Report) (NYSE:TU) have been given an average rating of “Moderate Buy” by the ten research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$26.45.
A number of analysts recently weighed in on T shares. JPMorgan Chase & Co. lowered their price target on shares of TELUS from C$27.00 to C$24.00 in a report on Wednesday, April 3rd. CIBC lowered their target price on shares of TELUS from C$28.00 to C$26.00 in a report on Thursday, April 4th. BMO Capital Markets lowered their target price on shares of TELUS from C$26.00 to C$24.00 in a report on Tuesday, April 2nd. National Bankshares lowered their target price on shares of TELUS from C$27.00 to C$26.00 and set an “outperform” rating for the company in a report on Monday, March 25th. Finally, Veritas Investment Research lowered shares of TELUS from a “buy” rating to a “reduce” rating and set a C$27.00 target price for the company. in a report on Friday, January 26th.
Get Our Latest Stock Report on T
TELUS Stock Performance
TELUS (TSE:T – Get Free Report) (NYSE:TU) last posted its earnings results on Friday, February 9th. The company reported C$0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.23 by C$0.01. TELUS had a net margin of 4.20% and a return on equity of 4.96%. The company had revenue of C$5.20 billion during the quarter, compared to analysts’ expectations of C$5.24 billion. As a group, sell-side analysts anticipate that TELUS will post 0.999543 EPS for the current fiscal year.
TELUS Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Monday, March 11th were paid a dividend of $0.376 per share. The ex-dividend date of this dividend was Friday, March 8th. This represents a $1.50 annualized dividend and a dividend yield of 6.88%. TELUS’s dividend payout ratio is presently 258.62%.
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.
Featured Stories
- Five stocks we like better than TELUS
- Basic Materials Stocks Investing
- Comprehensive Analysis of PayPal Stock
- How to Find Undervalued Stocks
- Intuitive Surgical Stock Can Trend Much Higher This YearÂ
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Receive News & Ratings for TELUS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS and related companies with MarketBeat.com's FREE daily email newsletter.