TELUS (NYSE:TU) Sets New 1-Year Low – What’s Next?

21 Jul 2026, 15:01 by Tristan Rich · The Markets Daily

TELUS Corporation (NYSE:TU – Get Free Report) (TSE:T) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $9.95 and last traded at $10.0740, with a volume of 904830 shares. The stock had previously closed at $10.28.

Analysts Set New Price Targets

TU has been the topic of a number of recent analyst reports. TD Securities raised shares of TELUS from a “buy” rating to a “buy” rating in a research report on Tuesday, April 28th. Canaccord Genuity Group downgraded shares of TELUS from a “buy” rating to a “hold” rating in a research report on Thursday, April 9th. TD Cowen raised shares of TELUS from a “hold” rating to a “buy” rating in a research report on Tuesday, April 28th. Morgan Stanley lowered shares of TELUS to an “underweight” rating in a research note on Tuesday. Finally, Raymond James Financial initiated coverage on shares of TELUS in a research report on Wednesday, July 15th. They set a “market perform” rating on the stock. Five equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $15.67.

Get Our Latest Research Report on TU

TELUS Stock Down 1.4%

The company has a debt-to-equity ratio of 1.59, a current ratio of 0.67 and a quick ratio of 0.63. The company has a market cap of $15.95 billion, a PE ratio of 23.01, a price-to-earnings-growth ratio of 8.41 and a beta of 0.63. The company has a fifty day moving average price of $11.56 and a 200 day moving average price of $12.63.

TELUS (NYSE:TU – Get Free Report) (TSE:T) last posted its quarterly earnings data on Friday, May 8th. The Wireless communications provider reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. TELUS had a net margin of 4.54% and a return on equity of 8.29%. The company had revenue of $3.60 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period in the prior year, the business earned $0.26 earnings per share. TELUS’s revenue for the quarter was down .6% compared to the same quarter last year. As a group, analysts anticipate that TELUS Corporation will post 0.69 EPS for the current year.

TELUS Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Wednesday, June 10th were issued a $0.4184 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $1.67 dividend on an annualized basis and a dividend yield of 16.5%. TELUS’s dividend payout ratio is presently 275.00%.

Institutional Trading of TELUS

A number of hedge funds have recently made changes to their positions in TU. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in TELUS by 1.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 779,692 shares of the Wireless communications provider’s stock valued at $11,181,000 after purchasing an additional 11,900 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of TELUS by 1.9% in the 2nd quarter. Cetera Investment Advisers now owns 46,099 shares of the Wireless communications provider’s stock worth $739,000 after purchasing an additional 841 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of TELUS by 159.5% in the 2nd quarter. Legal & General Group Plc now owns 37,274 shares of the Wireless communications provider’s stock worth $597,000 after purchasing an additional 22,912 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of TELUS by 67.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,698 shares of the Wireless communications provider’s stock valued at $140,000 after purchasing an additional 3,510 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in shares of TELUS during the 2nd quarter valued at about $3,617,000. 49.40% of the stock is owned by institutional investors.

About TELUS

(Get Free Report)

TELUS Corporation (NYSE: TU) is a Canadian telecommunications and technology company headquartered in Vancouver, British Columbia. It delivers a broad portfolio of consumer and business communications services across Canada, including mobile wireless, fixed-line voice, broadband internet, and television. TELUS also provides a range of enterprise services such as cloud and IT solutions, managed network services, cybersecurity and Internet of Things (IoT) offerings for business customers.