TSE:T

Telus Corp (T.TO)

15.75
-0.27 (1.69%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
1396 watching
0
Investor Insights
star iconJun 25, 2026, 12:00 am

This summary was created by AI, based on 81 opinions in the last 12 months.

Telus Corp is currently facing challenges typical of the Canadian telecommunications sector, including competitive pressures and concerns about dividend sustainability. The recent appointment of a new CEO has raised expectations for potential changes in management strategy, particularly regarding the maintenance or possible cut of the company's dividend, which is currently yielding around 9%. While many experts see some long-term value given the company's assets and market position, there is a prevailing sentiment of caution due to the high dividend payout ratio and significant debt levels. Analysts suggest a mixed outlook, with views ranging from holding for income to the potential necessity of asset sales to stabilize the company's financial health. Overall, Telus represents a more conservative investment choice with defensive characteristics, suitable for income-seeking investors, albeit with inherent risks linked to the telecom industry's growth outlook.

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Consensus
Cautious
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Valuation
Undervalued
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BCE
HOLD
People are flocking to telcos, especially those that are showing signs of growth. Didn’t think that they would have good wireless growth, but they did. Weak wireline but this is being overpowered by their wireless strength. Also have a little more pricing power given that they are levered to the west where the economy is doing better.
PAST TOP PICK
(Top Pick May 18/11, Up 19.10%)
TOP PICK
They are trying to consolidate the share structure, which in the end will be far better for the clients. He bought it as a run to great dividend stocks due to the fear in the market.
BUY
Dividend yield is going to be somewhat higher on non-voting shares. This is not his favourite image coupled group. Expect the non-voting share question will eventually get solved.
COMMENT
Non-voting shares (T.A-T) or this one? If you are buying, the non-voting gives you extra yield. In due course, you may end up moving closer to the voting shares.
TOP PICK
4% dividend. They are firing on all cylinders. In the west where there is no competitors. Recommending class ‘A’ shares. A clever hedge fund came in and sold short on the voting shares and forced them to take away the plan, so they have to collapse the plan on a 1:1 spread. Not worried about a small holder not being able to get out. 4.14% dividend. 10% annual boost of dividend and committed into 2013.
COMMENT
If you are going to own any telco, this one probably makes the most sense. Probably has the best growth in it on the wireless side and best market domination. However, he finds valuation a little bit stretched on the telecom stocks. People have been paying so much for defensive positions, more than they have in the past. Growth has slowed down for these companies very dramatically. Trading at 14X earnings and 11X operating cash.
BUY
(Market Call Minute.) Like all the telcos here remains very, very shielded from global macro risks.
COMMENT
They want to collapse the voting and nonvoting structure as it is not necessary anymore. Not sure how this is going to end up but in the long run she is not sure if that will impact the share price that much. She doesn't own any telecom stocks.
HOLD
Switching non-voting shares to voting and a hedge fund is getting involved. Comments? Hard to know what the result of that will be. Hedge fund owns a good slug of the voting shares. They want the premium and are complaining that they are not getting it. You should look beyond this as it will not be a big difference. Dividends have been growing 5% every 6 months. Feels the earnings growth over the next 3 years will be in the order of 9%-11% per year.
PAST TOP PICK
(Top Pick May 18/11, Up 15.59%)
BUY ON WEAKNESS
Isn't overvalued but is pretty expensive. Doesn't expect much more upside other than collecting the dividend. He would prefer it $3-$4 lower.
HOLD
Did well because they did so well at gaining wireless market share. It is a very competitive industry so we are seeing pricing is getting more competitive. You have to have a very long-term outlook. Certainly Telus has been one of the better-managed telecom companies. You missed this run.
BUY ON WEAKNESS
The telcos are the new utilities. Telcos have lower multiple, better balance sheets, more dividend growth, more free cash flow and selling products in hot demand. Likes all three, but prefers Rogers. Would be a buyer of all three on a pull back.
SELL
If you have profit opportunities you should sell. Not necessarily all of it but some. Replace on a pull pack. He often trims a quarter or a third.
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