TSE:T

Telus Corp (T.TO)

17.20
+0.11 (0.64%)
as of Jun 5, 2026, 2:27:23 pm Market Open.
1394 watching
0
Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 78 opinions in the last 12 months.

Telus Corp (T-T) has faced significant scrutiny from investors and analysts amid concerns regarding its dividend sustainability and overall growth potential. While some experts appreciate the attractive dividend yield, currently around 9%, many express doubts about its ability to maintain this payout, suggesting a likely cut could be necessary to strengthen the balance sheet. The telco sector overall is viewed as stagnant, with heightened competition and a lack of population growth negatively impacting revenue prospects. Discussions around the company’s debt levels, capital expenditures, and the impact of a new CEO suggest that while there may be turnaround potential, the immediate outlook remains cautious. Overall, investors should be prepared for a period of restructuring, with mixed opinions on whether Telus can reinvigorate its growth strategy in the face of prevailing challenges.

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Consensus
Cautious
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Valuation
Undervalued
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RCI.B
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.
BUY
Has done a very good job. Has run up a lot but you are going to get a good dividend. Have made some really strong growth on the TV and wireless side.
COMMENT
US Telcos are getting tired and this will sp[read to the whole sector. If you own, consider reducing your holdings unless you are in it for the yield. Feels the capital return is over.
WATCH
She is a little bit cautious on the telco space which had a nice run, especially into year-end. They have been driven more by the defensive trader had a need for income and stability. Expect the market will be looking at these a little closer and realize there are headwinds including new entrants into the harness space. This is one of the better names in this space. Dividend yield of almost 4.5%.
BUY ON WEAKNESS
Difference between the regular shares and the A shares? Stick with the voting shares. Once you get into the A shares you run into potential problems. The communication companies are producers of net free cash flow. Charts of this company and BCE (BCE-T) are more positive than Rogers (RCI.B-T) or Shaw Communications (SJR.B-T). Stocks are cheap relative to their growth rates. Interested in this if it pulled back 5%.
BUY
Likes the telecom area because there is some growth and dividends are attractive and they grow. He owns 3 others. Can’t com up with a reason not to buy T-T
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