TSE:T

Telus Corp (T.TO)

17.09
-0.01 (0.06%)
as of Jun 4, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 4, 2026, 12:00 am

This summary was created by AI, based on 77 opinions in the last 12 months.

Telus Corp (T-T) has faced significant scrutiny from analysts regarding its dividend sustainability and overall growth potential. Many experts express concerns about the company's heavy debt loads and competitive pressures within the telecom sector, leading to a consensus that a dividend cut may be forthcoming to improve financial flexibility. Despite these challenges, some analysts appreciate the company's long-term asset potential and the new CEO's ability to possibly drive positive changes. The stock's high dividend yield, hovering around 9%, attracts income-focused investors, yet uncertainties about future performance dominate expert opinions. While there are those who see potential in asset monetization, the prevailing sentiment suggests caution as the telecom landscape remains highly competitive and challenged by regulatory issues.

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Consensus
Caution
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Valuation
Fair Value
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Similar
Rogers, RCI.B
DON'T BUY
Defined as a growth stock but has now been smashed into a value stock. Had a bad year on price performance. Starting to lose market share with a negative impact on their wireless. Also, Spectrum auction is about to come on is going to create more competition. Landlines have deteriorated. Will have to spend a lot of money to keep clients. If buying, try to get it in the low $40's.
DON'T BUY
Been a growth stock for the past number of years. As wireless penetration increased and more services added on, they’ve grown much quicker than expected. Now transitioning from growth into steady state. This can be painful. Wireless auction could put more pressure on them. Could see the price under $40 for a short period.
TOP PICK
4% dividend yield. If you own Bell Canada (BCE-T) and it is taken out, and you want exposure to the telecom sector and you want to replace that nice, fat dividend with the dividend tax credit, this is an obvious pick. No longer trading at a huge PE multiple. Solid growth prospects going forward.
WEAK BUY
(Market Call Minute.) This would be a Hold to moderate Buy. Suffering a bit from the spectrum announcement and probably increasing capital expenditure for wireless extension.
COMMENT
Have been off the boil. Have been hit by their own operational problems and low numbers.
DON'T BUY
Wouldn't be his preferred name right now. They and Bell Canada (BCE-T) are the most susceptible to new entrants coming into the governments Spectrum offering.
DON'T BUY
Have 2 headwinds against them 1) execution on basic business in the wireless has not been as good as in the past and 2) with the new spectrum auction coming up, where new entrants will be allowed to bid. Eventually, the drop in the stock will run out of steam and start to pick up again and fundamentals will improve and that's when you want to Buy.
COMMENT
Because of the CRTC announcement on wireless (spectrum) Telus (T-T) and Rogers (RCI.B-T) have had a bit of a setback. There may be more competition in cellular phones and could put pressure on both companies.
PAST TOP PICK
(Past Top Pick Nov 24/06. Down 13.6%.) Sold half at his position. His reason for holding this was because of the break up scenario. Currently under a lot of pressure. Good holding for a long-term investor.
TOP PICK
Had been oversold on news of the government's wireless deal. No matter who buys that spectrum, to do their build out, marketing and trying to steal customers it will take 4 or 5 years. Good yield. Will probably go back up to where it was in the spring.
COMMENT
Not seeing great acceleration or the acceleration in earnings so it is not on his radar screen.
DON'T BUY
Has always been overvalued to him. His model price is $43.29, a negative 14% differential.
DON'T BUY
Had an earnings miss and the stock dropped. Investors want to see it turn around. It could be a little dicey in the near term. Could have new wireless competition. Would be conservative in this area and would look at something like Bell Aliant (BA.UN-T). No growth, but a 9% yield. (Also possibly a Manitoba Tel (MBT-T).) There will come a time to own Telus, but not now.
SELL
Rogers (RCI.B-T) and Telus (T-T) have been leaders for a long, long time. They have broken their up trends and he thinks it's a serious break. So he would be reducing both of these names. Another reason is that it is highly owned by institutions and they will be cutting back.
DON'T BUY
It was by far the best performing Canadian telco for a long time, however growth rate seems to have shrunk quite a bit. Doesn't deserve the premium multiple it was getting. It now seems to be Rogers (RCI.B-T) who is the hot guy in wireless.
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