TSE:T

Telus Corp (T.TO)

17.09
-0.01 (0.06%)
as of Jun 4, 2026, 8:00:00 pm Market Open.
1395 watching
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Investor Insights
star iconJun 4, 2026, 12:00 am

This summary was created by AI, based on 77 opinions in the last 12 months.

Telus Corp (T-T) has faced significant scrutiny from analysts regarding its dividend sustainability and overall growth potential. Many experts express concerns about the company's heavy debt loads and competitive pressures within the telecom sector, leading to a consensus that a dividend cut may be forthcoming to improve financial flexibility. Despite these challenges, some analysts appreciate the company's long-term asset potential and the new CEO's ability to possibly drive positive changes. The stock's high dividend yield, hovering around 9%, attracts income-focused investors, yet uncertainties about future performance dominate expert opinions. While there are those who see potential in asset monetization, the prevailing sentiment suggests caution as the telecom landscape remains highly competitive and challenged by regulatory issues.

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Consensus
Caution
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Valuation
Fair Value
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Similar
Rogers, RCI.B
BUY
Expensive. Premium to peers. Wireless is a great place to be. Nearing end of capital deployment for fibre, so will have more free cash. Tentacles into agriculture and health. Quality name. Trades at 24x 2023, growing at 15%, so it works. Dividend works. Benefits from world opening up. Great stock for a dividend play.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A mix of BCE and Telus is probably a good choice for exposure in the telco space. They should be able to pass inflation on to the end customer. They should also increase distributions to shareholders to offset inflation. Unlock Premium - Try 5i Free

BUY ON WEAKNESS
Stability, yield, and growth. Wait to see implications from the Rogers/Shaw deal. On his radar. If you own it, hold. Add on a pullback.
BUY
Well positioned. Excellent management. Spinning out divisions, which is wise. Good national player, good scope.
BUY
The Rogers feud will probably benefit Telus and Bell. Has not bought into telecos because there are better deals. Good dividend growth, stability and growth. Their strategy in the West is good.
BUY
Allan Tong’s Discover Picks Telus pays a 4.55% dividend yield and BCE 5.54%. Comparing the two, BCE stock boasts better numbers: a PE of 21.2x vs. 29.6x, a profit margin of 12.35% vs. 7.86%, and an ROI of 5.32% vs. 3.44%. Read The Battle for Rogers and 4 Other Telecom Stocks to Consider for our full analysis.
WEAK BUY
He likes the sector but this is not his top pick in the sector because of the high valuation. RCI.B-T would have more growth ahead of it. Decent dividends, stable earnings are great for this sector, though. He thinks telecoms should be valued higher across the board.
HOLD
Like a bond, with slightly better returns. Stable industries. Protected as part of the oligopoly. Few growth prospects, as a large amount of profits are paid out as a dividend. ROIC isn't enough to make him interested.
WEAK BUY
T vs. BCE Likes telecoms in general, giving a mix of some growth with very good dividend yields. Yield looks secure, with about a 5% growth rate. Yield about 4.4%. He prefers BCE, with a yield of 5.44% and its consistent cashflow and growth. Media, sports teams, and different networks are helpful to BCE's growth.
BUY

He likes the telcos and prefers BCE. Telcos pay big yields, are stable yields and enjoy an oligopoly in Canada. Shaw is selling to Rogers (pending approval). Quebecor wants spectrum outside Quebec. And all companies are investing heavily in 5G. Once this is complete, the telcos will be golden. He loves this space. Telus is good, but lacks the media assets of BCE, which is a disadvantage.

DON'T BUY

Usually defaults to BCE for the telecom space. Telus is more aggressive. They are gunning it. The data analysis and AI is their big investment space, instead of content and legacy business. This is probably already priced in.

PAST TOP PICK
(A Top Pick Aug 18/20, Up 24%) Economic growth still drives core business. Some non-core investments have shone in the past year, such as healthcare, which will drive additional growth.
COMMENT
Do not have any global telcos in the mix. Holds Telus in the TFSA portfolio. The pursuit of healthcare has rewarded share holders over time. Telco companies are facing increasing costs. Free cashflow discipline is important.
HOLD
Telcos are attractive income stocks, increasing dividend every year. Roaming impacted because less travel, but this will come back. Hold it for income. Good at increasing productivity. (Analysts’ price target is $29.65)
COMMENT
All the carriers are offering 5G. He does not expect 5G will result in increased growth in any of the carriers. The biggest opportunity in 5G is a company that provides a 5G app, product or service that really takes advantage of 5G that everyone will want. He has not found such a company.
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