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TSE:T

Telus Corp (T.TO)

13.56
-0.02 (0.15%)
as of Aug 25, 2026, 8:00:00 pm Market Open.
1394 watching
0
Investor Insights
star iconAug 25, 2026, 12:00 am

This summary was created by AI, based on 84 opinions in the last 12 months.

Telus Corp (T-T) faces significant scrutiny from analysts following a recent 55% cut in its dividend, which, while easing immediate concerns, leads to questions about long-term sustainability. Experts highlight the company’s challenges, particularly its high payout ratio and the competition in the Canadian telecom industry. While some view Telus as a stable income provider, the lack of organic growth and potential for further dividend cuts weigh heavily on sentiment. The transition to a new CEO raises hopes for restructuring and asset sales, but many analysts suggest caution due to the broader economic pressures affecting the telecom sector. Overall, while Telus holds value for income-focused investors, concerns about revenue stagnation and high debt persist, leading to a complex outlook for the company.

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Consensus
cautious
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Valuation
fair value
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Similar
BCE, BCE
PAST TOP PICK
(A Top Pick Mar 23/21, Up 27%) Best positioned in getting fibre to the home. Investing vertically in the value chain with healthcare and tech. Likely will see another dividend growth plan. He wishes he owned more. Nice 4% yield.
HOLD
Rocking and rolling. Dividends in Canada are in favour. People want boring, safety, stability. He also owns BCE. Not the best ideas, but nice anchors to have in your portfolio.
PARTIAL SELL
Done well, time to sell? No stock goes up forever. His advice is to diversify and own some of the towers. So perhaps sell half, and get into AMT, SBAC, or CCI. Carriers have held up quite well, whereas the towers have sold off in reaction to interest rates. In general, if the carriers are doing well, the towers will do well.
BUY
Growing at 13% this year, 15% next year. Yield is 4.3%, and that will probably grow high single digits per year. Defensive. Won't hugely outperform, but total return will be pretty good. It's an offensive defensive, that scores a few goals from time to time.
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.

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