
TSE:T
This summary was created by AI, based on 83 opinions in the last 12 months.
Telus Corp has seen a turbulent time recently, largely driven by concerns over its dividend sustainability amidst high debt levels and a challenging telecom environment marked by price competition and regulatory hurdles. A significant dividend cut has been anticipated, leading many experts to fear that the current yield, which hovers around 7-11%, may not be sustainable in the long term. Analysts are divided, with some viewing the incoming CEO as a potential catalyst for positive changes, while others remain skeptical about the company's future growth prospects. Overall, investors are advised to either hold on for now or accumulate shares gradually as they watch for improvements in cash flow and debt management. The long-term outlook may be promising if Telus can successfully monetize non-core assets and stabilize its financial position.
Likes it, but is sensitive to higher interest rates (it is highly leveraged). They spun out the international unit, which is struggling, probably losing market share. Because of this, Telus reduced its full-year guidance. A great business and the best of the Canadian telcos, though. Will continue to grow the dividend.
This one depends on your time horizon. Q2 was in line. Really trying to do cost-saving. Cut free cashflow guidance, with negative EPS for the next little bit. Nice 7% dividend growth. Expensive PE. Best in the space with core business and other assets, which should be tailwinds. He's more of a buyer than a seller at this point.
The dividend is safe and in fact growing at the fastest rate among Canadian telcos at 5-7% this year. Pays 6.2%. He's about to buy more shares for himself and clients. Good long-term growth ahead because immigration is rising at high levels, a tailwind for Telus. But they're having problems with Telus International, so they lowered guidance. They invested in next-generation technology, good long term but will be lumpy. More competition comes with Shaw-Rogers, but this won't be a huge change. Shares are as cheap as they have been for a long time.
Sector is struggling with higher rates. Lack of growth going forward. Fighting competition out West. TIXT has been a drag. Will eventually come out the other side. Hold if you own, don't put new money in. Prefers BCE for income.