TSE:T

Telus Corp (T.TO)

14.72
+0.03 (0.20%)
as of Jul 15, 2026, 8:00:00 pm Market Open.
1397 watching
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Investor Insights
star iconJul 15, 2026, 12:00 am

This summary was created by AI, based on 82 opinions in the last 12 months.

Telus Corp (T-T) is currently facing a challenging environment characterized by intense competition, high debt levels, and concerns over its substantial dividend yield, which has elicited fears of potential cuts. Many experts highlight the company's recent lower performance, positioning it as a utility rather than a growth stock, with the current yield exceeding 9%. Despite the bleak outlook, some analysts maintain a positive stance on the company's long-term potential, driven by asset monetization and a focus on growth in digital and healthcare services. However, doubts about sustainable earnings growth persist, and while there is a consensus that the dividend may be maintained, many question its long-term viability amid elevated payout ratios and fiscal constraints. A new CEO has been appointed, raising expectations for management changes that could reshape the company's future.

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Consensus
Negative
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Valuation
Undervalued
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Similar
BCE
HOLD
There's wireless competition coming. They executed well in Q4, beating on subscriber growth and showed reduced churn. He sees 3% revenue growth and 7% dividend growth with a 75% payout ratio. It's a defensive, quality long-term owner. It's a yield proxy. If you own, you're okay, but don't buy a first position.
BUY
He's long owned this. A good 7% dividend grower. The whole space is challenged by revenue growth by the wireless side. Telus has actually been expanding the data side. He likes it.
BUY
He likes is the telco in general in Canada. A year ago when interest rates were expected to go higher, they didn't look that attractive. He owns Rogers for some of their media assets. But still likes this one. Projecting a dividend increase.
BUY
The bad is that last quarter they had lower margins. and there is more competition. But they are executing well. Growth of 8 to 10% 2018 to 2020. 80% payout ratio. All in this is a good name. It won;t lead our portfolio higher but it is a good name without a lot of downside risk. (Analysts’ price target is $51.73)
BUY
He briefly owned this. He's heard that Telus has spent a lot of money building their fibre-optics network and could increase their free cash flow. Its growth rate isn't high enough for him, but it is the strongest telco in this sector. A good stock.
COMMENT
BCE vs Telus BCE's growth potential is a little limited vs. Telus. Telus' dividend is okay, but a little lower than BCE's. BCE was one of the few stocks rising when the rest of the market fell. Not a bad idea to also buy Telus. Both are good for cash flow through their dividends. That's why he bought BCE. Telus has a little more growth.
HOLD
If Canada bans Huawei would this company be hurt as they are using Huawei equipment to build the 5G network - They do have a lot of their equipment from Huawei. They would have to replace this equipment. It might cost them some money but eventually it will be passed through to the consumer. It is an incremental expense but will be manageable. Attractive yield. Nothing wrong with this company as part of an income bucket.
BUY
They've increased their dividend which is decent around 4%. As long as wireless is growing, this'll be okay. There's little competition in Canada. The telecoms have done well recently, because of anticipated interest rate increases.
TOP PICK
Loves the pure play wireless positioning that Telus has. The more we do on our smartphones, the more we drive data usage and that translates into higher bill and more dollars and average revenue per user going up. Been spending a lot of money with expanding the 4G network and the technology. Feels that some of that capex is softening which is good has dividend growth investors, should see some cash come back to boost the dividend. Like the positioning and the valuation. Yield 4.6%. (Analysts’ price target is $50.77)
TOP PICK
They are an oligopoly. They have an international division. They are selling software and hardware into the health industry. He expects continued dividend growth. They are a well managed company with a low churn which means their customers are not leaving. Yield = 4.6% (Analysts’ price target is $50.66)
WEAK BUY
4.7% dividend with good cash flow. They'll likely raise their dividend in coming years to keep apace with rising interest rates. He likes this. A good company. But he owns Rogers instead for its growth.
DON'T BUY
A few years ago, he was looking at BCE, which was right up against its FMV and not going anywhere, then sold off. Now, Telus is doing the same thing: the stock is bumbling along with stock forecasts heading nowhere. Telus is tired and will fall 20%, he thinks.
PAST TOP PICK

(Past Top Pick Nov. 3, 2017, Up 1%) Still likes it, its dividend and dividend growth. Likes its defensive qualities. He sees 10% EPS growth. Telus will be fine over the next few years. Also look at BCE which has gotten a lot cheaper.

TOP PICK

A pure play wireless name. We're doing more and more on our smartphones, which means data charges are rising. He sees continued growth. He's long held Telus. Telus is at the end of a capex cycle, spending money on 4G networks. So, there'll be money leftover to pay back shareholders through dividend growth.

WEAK BUY

T-T vs. RCI.B-T vs. BCE-T. Nobody knows which one will do better. The best way to play it in the utility space is ZWU-T, which gives exposure to Telco's, pipelines and utilities. These things are interest rate sensitive so you will not get much capital gains and you have to be cautious.

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