TELUS (NYSE:TU) Hits New 1-Year Low – Should You Sell?

16 Sep 2026, 10:41 by Teresa Graham · The Cerbat Gem

TELUS Corporation (NYSE:TU – Get Free Report) (TSE:T)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $8.96 and last traded at $8.9750, with a volume of 3776765 shares changing hands. The stock had previously closed at $9.08.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TU shares. Morgan Stanley cut TELUS to an “underweight” rating in a report on Tuesday, July 21st. Royal Bank Of Canada downgraded TELUS from an “outperform” rating to a “sector perform” rating in a report on Tuesday, August 4th. Desjardins lowered TELUS from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Bank of America reissued an “underperform” rating on shares of TELUS in a research report on Tuesday, August 4th. Finally, Wall Street Zen lowered TELUS from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Three research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $15.33.

Read Our Latest Stock Analysis on TU

TELUS Stock Performance

The company has a debt-to-equity ratio of 1.88, a current ratio of 0.67 and a quick ratio of 0.62. The stock has a 50-day moving average price of $9.91 and a 200-day moving average price of $11.52. The company has a market capitalization of $14.25 billion, a price-to-earnings ratio of -21.87, a PEG ratio of 21.46 and a beta of 0.63.

TELUS (NYSE:TU – Get Free Report) (TSE:T) last posted its earnings results on Friday, July 31st. The Wireless communications provider reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). TELUS had a positive return on equity of 8.01% and a negative net margin of 4.51%.The business had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.55 billion. As a group, analysts forecast that TELUS Corporation will post 0.24 earnings per share for the current year.

TELUS Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend is Thursday, September 10th. TELUS’s payout ratio is -131.71%.

Institutional Trading of TELUS

A number of hedge funds have recently modified their holdings of TU. Manchester Capital Management LLC boosted its holdings in shares of TELUS by 320.0% during the 4th quarter. Manchester Capital Management LLC now owns 2,247 shares of the Wireless communications provider’s stock worth $30,000 after buying an additional 1,712 shares during the period. Nykredit A S bought a new position in TELUS in the 2nd quarter valued at about $33,000. Trust Co. of Vermont acquired a new stake in TELUS during the second quarter worth approximately $55,000. Summit Securities Group LLC boosted its holdings in shares of TELUS by 762.5% during the first quarter. Summit Securities Group LLC now owns 6,900 shares of the Wireless communications provider’s stock worth $89,000 after acquiring an additional 6,100 shares during the period. Finally, One Capital Management LLC bought a new stake in shares of TELUS during the fourth quarter worth approximately $137,000. Institutional investors and hedge funds own 49.40% of the company’s stock.

About TELUS

(Get Free Report)

TELUS Corporation is a Canadian telecommunications and technology company headquartered in Vancouver, British Columbia. It provides wireless and wireline communications services, including mobile connectivity, internet, voice, television and home security services, primarily to consumers, businesses and public-sector organizations in Canada.