TELUS (TSE:T) Announces Earnings Results

TELUS (TSE:T) (NYSE:TU) issued its earnings results on Thursday. The company reported C$0.20 earnings per share for the quarter, FiscalAI reports. TELUS had a return on equity of 5.80% and a net margin of 4.62%.The company had revenue of C$5.23 billion for the quarter.

TELUS Stock Down 1.9%

T stock opened at C$18.96 on Friday. The stock has a market capitalization of C$29.41 billion, a price-to-earnings ratio of 24.31, a price-to-earnings-growth ratio of 1.65 and a beta of 0.79. The company has a 50-day moving average of C$18.41 and a two-hundred day moving average of C$20.30. TELUS has a 52-week low of C$17.26 and a 52-week high of C$23.29. The company has a debt-to-equity ratio of 183.41, a current ratio of 0.69 and a quick ratio of 0.52.

Wall Street Analysts Forecast Growth

Several analysts have commented on T shares. Scotiabank decreased their target price on shares of TELUS from C$22.50 to C$22.00 and set an “outperform” rating for the company in a research report on Tuesday, January 20th. TD Securities cut their price target on shares of TELUS from C$26.00 to C$25.00 and set a “buy” rating on the stock in a report on Monday, December 15th. JPMorgan Chase & Co. cut shares of TELUS from a “neutral” rating to an “underweight” rating and decreased their price objective for the stock from C$22.00 to C$19.00 in a report on Tuesday, November 18th. Desjardins set a C$23.00 target price on shares of TELUS and gave the stock a “buy” rating in a research report on Monday, January 12th. Finally, Morgan Stanley cut their target price on TELUS from C$25.00 to C$20.00 in a report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$21.95.

TELUS News Summary

Here are the key news stories impacting TELUS this week:

• Positive Sentiment: Board names Victor Dodig (ex-CIBC) as CEO successor — Dodig’s banking background and recent profile may reassure investors focused on capital allocation, cost discipline and dividend sustainability. MarketWatch: Telus Names Former CIBC Chief Victor Dodig Successor to CEO Darren Entwistle
• Positive Sentiment: Board confirms Entwistle will retire in June after 26 years — orderly succession with a named successor reduces governance uncertainty vs. an unplanned exit. DataCenterDynamics: Telus CEO Darren Entwistle to retire in June
• Positive Sentiment: Dividend declared (C$0.4184 per common share, payable April 1, 2026) — supports income-focused holders and may temper sell pressure. TipRanks: TELUS declares quarterly cash dividend payable April 1, 2026
• Neutral Sentiment: Amalgamation with Telus International (effective Jan 1, 2026) and AGM/record date set — simplifies corporate structure but immediate impact on operations unclear. TipRanks: Telus consolidates with Telus International in New Year amalgamation
• Negative Sentiment: Quarterly results showed EPS C$0.20 and revenue C$5.23B, with profit and revenue hit by weak mobile equipment sales — signals near-term revenue pressure and lower margins. MarketWatch: Telus Profit, Revenue Dragged Down by Weakness in Mobile Equipment Sales
• Negative Sentiment: Investors and analysts flagged slow growth and pressed for change — the surprise external hire is partly a response to shareholder pressure and raises questions about strategy execution and growth plans. Financial Post: Telus picks Victor Dodig to replace Entwistle
• Negative Sentiment: Market reaction: headlines noted the CEO departure plus weak results and reported the stock sank — short-term selling reflects concern about growth trajectory despite governance moves. TipRanks: Telus Stock Sinks as CEO Departure and Poor Results Announced

Insiders Place Their Bets

In other TELUS news, Director Hazel Cynthia Claxton acquired 3,445 shares of the business’s stock in a transaction that occurred on Wednesday, December 24th. The stock was acquired at an average price of C$17.46 per share, with a total value of C$60,149.70. Following the transaction, the director owned 8,403 shares of the company’s stock, valued at approximately C$146,716.38. This trade represents a 69.48% increase in their ownership of the stock. Also, Director David Lawrence Mowat bought 3,000 shares of the stock in a transaction on Tuesday, December 23rd. The stock was acquired at an average cost of C$17.37 per share, for a total transaction of C$52,110.00. Following the acquisition, the director directly owned 14,486 shares in the company, valued at approximately C$251,621.82. The trade was a 26.12% increase in their ownership of the stock. Over the last three months, insiders have acquired 258,245 shares of company stock valued at $4,486,022. Company insiders own 0.02% of the company’s stock.

About TELUS

Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. In recent years Telus has moved to bring fiber to the home over most of its wireline footprint as it upgrades its legacy copper network, leaving it able to compete on more equal footing with cable providers.