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TSE:T

Telus Corp (T.TO)

13.42
-0.15 (1.07%)
as of Aug 26, 2026, 6:06:57 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
valuation icon
Valuation
fair value
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SELL
(Market Call Minute.) Technicals are still negative and the trend is down.
BUY
Very attractive dividend. Just announced they are turning themselves into a GSM phone provider, which means that they will be able to operate their phones around the world, which will attract very handsome roaming fees. If you are prepared to have a long view this one offers some interesting upside.
DON'T BUY
The highest growth part of this company has been wireless. This area has lost momentum to Rogers (RCI.B-T). It has to get its act together and start to attract customers. The problem is that it is locked into CDMA technology.
TOP PICK
Addition of new mobile customers lagged and it's down 7%. 3.6% yield. This is an industry that will continue to grow.
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.
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