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TSE:T

Telus Corp (T.TO)

13.41
-0.15 (1.11%)
as of Aug 26, 2026, 5:06:04 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.

consensus icon
Consensus
cautious
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Valuation
fair value
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COMMENT
Was a growth stock but is now a value stock. Somewhat cheap at this point with free cash flow yield of about 11%. On an Enterprise versus EBITDA basis it is very favourable at around 6X. Wireless is slowing down because of competition, especially with Spectrum. If you believe wireless is a growth story and will grow, this should do better. If you see a larger turnover of subscriber rates then it will go down. Also not on the GSM which is the main network.
SELL
(Market Call Minute.) You can probably do better in some of the other utilities.
TRADE
Don’t own the stock because the industry is a concern. Some money will flow into Telus.
WAIT
As if the market got bored with the stock. Could see a downside of $36-37 before there is interest in it again. Would wait to be buying.
HOLD
There’s a cloud over all the telecommunications stocks, given the potential increase in competition over the new wireless licences. This stock is incredibly cheap, 10-11 times earnings. Yielding 4.20%. Has good potential. 1-2 year target of $50-53. Good conservative hold.
DON'T BUY
Looks very cheap on the numbers. Her concern is wireless growth. Manitoba Tel (MBT-T) has just announced that they are going for the Spectrum with 2 strong partners. There has already been enough competition from the incumbent standpoint.
DON'T BUY
Would rather own Rogers (RCI.B-T) because of their rapidly growing cellular franchise, cable business and also the Internet business. Switching from CDMA to GSM, which will be a huge capital expenditure.
DON'T BUY
Still expensive to him. His model prices $41.52. That is an -11% differential. If it gets around $35.70, it would become real interesting to him.
TOP PICK
A terrific stock for yield seekers. Dividend of 4%. Likes the price/earnings ratio. Good price.
BUY
Good long-term hold for income and growth. Yields about 4.5%. Considering this for his fund. There could be a significant cost integrating GMS but would be offset by the revenue they would receive.
DON'T BUY
Telecom has not been a space that has been performing well. There are concerns about wire line revenues as well as the wireless side. If he had to pick one, it would be Bell Alient (BA.UN-T), which is paying about 9.5% and just recently raised their distribution and only paying out about 90% of their cash flow.
DON'T BUY
Problematic. Was a growth story and traded at about 6X EBITDA and about 15X earnings. Now it's a value story and the question is, is it worth it now. Would be hesitant on this as part of their biggest growth was the wireless section and they are having a lot of trouble with it. Looking for it to go lower. Would prefer it at 9X PE.
DON'T BUY
A slow one business on the wireline side and have competition on the wireless side.
BUY
Sold off because 1) the market sold off and 2) the government is going to sell Spectrum, which would give them competition. Not sure where the competition is going to get all the financing to build the communication towers, etc. Has great cash flow and trades for less than 5X cash flow. Typically they trade at 5.5 or 6X cash flow. Should see at least a 10% upside from these levels.
SELL
(Market Call Minute.) He recently sold his holdings. They are going to have to spend $500 million to upgrade to GSM, which is a negative.
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