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TSE:T

Telus Corp (T.TO)

13.43
-0.13 (0.96%)
as of Aug 26, 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
BUY
One of the best management teams. Have some economic weakness in the region. Also some headwinds with CapX risks. At about 5X EBITDA and 9x earnings and paying a 6% yield makes it really attractive.
DON'T BUY
Fails to see enough catalysts to get the stock moving. Last quarter was not a stellar one. Struggling on both the revenue side and wireless. Management is going to start some cost cutting to help bolster the bottom line.
HOLD
Prefers BCE (BCE-T) but thinks the whole telecommunications sector is interesting. Feels dividends are safe. Generates good free cash flow. Good defensive play.
HOLD
(Market Call Minute.) Would Buy BCE (BCE-T) instead.
DON'T BUY
There is a high probability that they keep their dividend. Revenue per user is flat with Rogers but down 5% with Telus. They have to spend to upgrade their GSM. Generally a good company but he doesn’t see a recovery.
TOP PICK
Dividend is safe, just rose 5 months ago and expect another token rise this coming winter. Downside risk is pretty minimal.
DON'T BUY
Nothing has given us confidence. Recent volume has recently gone down with downtrend. May have to go back to 2005 or 2004 for support. Nothing indicates that it would stop. It might be trying to form a tiny bit of a bottom right now. If it popped up above $37/38 you would be interested.
TOP PICK
6.6% dividend. Came out with a warning about wireless numbers for first quarter. Can grow earnings 5% over the next 3-5 years. Multiple is very depressed right now compared to MBT or BCE. You are looking at a 11-12% return. Dividend is sustainable.
TOP PICK
Better dividend than Rogers. Beat up tremendously. Buy at this price and lock in the dividend. Low P/E/High dividend, (6.3%/$0.0475).
BUY
Communications is screening very well for him right now and he likes this one a lot. Sector is economically defensive.
TOP PICK
Likes the tax-preferred dividend of 6%. Stock price is depressed but likely to go back up.
HOLD
Prefers Rogers (RCI.B-T) and BCE (BCE-T). Not a bad dividend and a relatively safe place to hide. If you have a long enough time horizon, it is probably not a good time Sell. He would consider switching to Rogers that pays almost 5% and gives a bit better growth.
TOP PICK
Nice yield play at 5.5% yield and the stock has been beaten down for no particularly good reason.
TOP PICK
4.95% bond maturing March 15/17.
HOLD
Defensive holding because of the stable subscriber base. More exposed to the wireless area, which has done fantastically well for them until Rogers (RCI.B-T) and Shaw (SJR.B-T) started coming on strong. Good management team and good balance sheet.
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