TU · NYSE · Telecommunications Services

TELUS (TU)

Connects Canadian households and businesses while operating global health and digital customer-experience platforms.

$8.65
After hours+0.06 (+0.70%)
At close$8.59(−1.09%)
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TELUS CorporationTU
Communication Services

Sells mobile, internet, television, security and business connectivity, plus health-and-well-being services and digital customer-experience tools. Canadian networks anchor the group, while TELUS Health and TELUS Digital extend the portfolio internationally.

Provides mobile, internet, television, security and business connectivity through TELUS technology solutions, alongside health-and-well-being services through TELUS Health and digital customer-experience, trust-and-safety and AI-data services through TELUS Digital.

Canadian wireless and fibre networks anchor the group, while health and digital operations extend its reach internationally. Product bundling, network investment and acquisitions have built the current three-segment portfolio.

Execution depends on reliable networks, spectrum access and sustained capital investment. Communications pricing and regulation shape the core Canadian business; health rules, cloud providers, cybersecurity controls, international compliance and acquisition integration shape the newer global platforms.

Company facts

CEOVictor Dodig
ListedFeb 4, 2013
ExchangeNYSE
HeadquartersVancouver, Canada
CountryCanada
Employees111,500
CIK0000868675
ISINCA87971M1032

Market cap$13.55B
EPS (ttm)−$0.4081
P/E (ttm)−21.27
ROE-6.6%
P/B1.43
P/S0.9415
Dividend yieldDiv yield12.07%
Beta0.04vs XLC 0.32

Price target$11.00+27.8%Average of 23 analysts
ConsensusBuy14 of 23 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 4, 2026DesjardinsDowngrade
Rating:
Rating: Hold
Aug 4, 2026BarclaysReiterate
Rating: Target: $12
Rating: Equal WeightTarget: $11
Aug 4, 2026RBC CapitalDowngrade
Rating: Outperform
Rating: Sector Perform
Aug 3, 2026National BankDowngrade
Rating: Outperform
Rating: Sector Perform
Jul 31, 2026CIBCDowngrade
Rating:
Rating: Neutral

Next report
Nov 6, 26
in 45 days
EPS estimate
$0.12
Revenue estimate
$3.54B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Jul '26Nov '26
Reported$0.18$0.18$0.16$0.17$0.15$0.17$0.12Pending
Estimate$0.16$0.15$0.17$0.19$0.18$0.16$0.14$0.12
Surprise+12.5%+20.0%−5.9%−10.5%−16.7%+8.7%−15.0%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Jul '26Nov '26
Reported$3.74B$3.51B$3.73B$3.67B$3.83B$3.60B$3.47BPending
Estimate$3.79B$3.48B$3.69B$3.71B$3.93B$3.64B$3.55B$3.54B
Surprise−1.4%+1.0%+1.2%−1.2%−2.4%−1.0%−2.4%
Estimate$0.12
ReportedDue Nov 6, 2026
Estimate$3.54B
ReportedDue Nov 6, 2026
View details

Debt to equity236.80%
Current ratio66.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.59B$3.79B$3.57B$3.58B$3.60B$3.72B$3.55B$3.50B
Net income$199.1M$254.6M$228.2M$5.0M$350.5M$207.6M$96.7M−$1.31B
Net margin5.6%6.7%6.4%0.1%9.7%5.6%2.7%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$560.3M$539.7M$534.7M$124.4M$527.6M$493.5M$585.9M$521.9M
YoY growth+52.4%+14.3%+30.8%−74.3%−5.8%−8.6%+9.6%+319.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $986.2M · Total debt $22.37B · Total assets $40.40B · Shareholders' equity $9.44B

Revenue
$3.50B
Operating income
$521.9M
Net income
−$1.31B

Reported in CAD, converted at the latest exchange rate

View details

Dividend yield
12.07%
Next ex-date
Dec 10, 26
estimated · in 79 days
Annual dividend
$1.05
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.2845$0.2782$0.3042$0.3007$0.3037$0.3076$0.3004$0.1358
Annual yield7.46%7.37%7.18%7.38%9.29%9.16%10.21%11.52%
Ex-dateDec 11Mar 11Jun 10Sep 10Dec 11Mar 11Jun 10Sep 10
Payment dateJan 2Apr 1Jul 2Oct 1Jan 2Apr 1Jul 2Oct 1
View details

Institutions43.83%684.38M ADS
311 holders · as of Jun 30, 2026
Other56.17%876.97M ADS
remainder

1.56B ADS as of Sep 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2024 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Royal Bank of CanadaInstitution
7.00%109.25M ADSas of Jun 30, 2026
Bank of Montreal /Can/Institution
3.85%60.10M ADSas of Jun 30, 2026
CIBC World Market Inc.Institution
3.00%46.83M ADSas of Jun 30, 2026
FIL LtdInstitution
2.04%31.85M ADSas of Jun 30, 2026
Mackenzie Financial CorpInstitution
1.90%29.72M ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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CompareAfter hours

CompanyPriceChange
TELUS$8.65+0.70%$13.55B23.10.9−7.0%
Rogers Communications$33.27−0.03%$18.59B4.013.91.2+3.3%
BCE$21.73+0.12%$20.51B4.613.31.2−2.7%
Concentrix$30.51−0.03%$1.68B2.70.2+1.9%
Accenture$183.99+0.14%$113.89B14.912.81.6+5.6%
Willis Towers Watson$301.73+0.00%$28.49B18.914.42.8+9.1%
Alight$12.73−1.70%$313.7M2.80.1−3.2%
Median9.713.11.2+2.6%