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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
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Valuation
fair value
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Similar
BCE, BCE
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.
COMMENT
If you are a growth investor it is a Sell. Ranks #241. If you are an income investor, it is a Buy.
BUY ON WEAKNESS
On his radar screen along with Manitoba Tel (MBT-T). This would be for his blue chip growth clients’ accounts. Would be interested around $51 or $52.
SELL
Hasn't liked the telcos, but if you have to own one, this would be it. Lots of competition on the wireless side. Trades at a lower multiple than the rest. Prefers Rogers (RCI.B-T).
TOP PICK
Last quarter wasn't great and the stock got really hit. Has under performed the group and is a great value play. She is looking for this quarter to be much better. Will be re-capitalizing their balance sheet, so that will look better. To roll out their GSM system, it will only take about $450 million of capX, which is really good.
TOP PICK
Only 4 or 5 big names in the space. Asset class you have to own. BCE is going away. All that market cap will come back to telecom space. Dividend has room to increase, not expensive.
HOLD
Has come down to virtually A market multiple. Definitely Hold and may very well be a Buy
BUY
Its growth engine has been the cellular phone side. There is now uncertainty as to whether the government will license out a 4th provider. Trading where it is because the talk of the leveraged buyout is now over.
DON'T BUY
Has been Canada's growth telecom vehicle and continues to be. Have the best management and the best balance sheet. 2 problems are valuation, which is starting to come out of the stock and competition.
COMMENT
Stumbled last quarter but a first rate company. Growth outlook is superior to Manitoba Tel (MBT-T).
DON'T BUY
Recently broke a key support level this month. Has been in a downward trend for the last few months. Market had expected this company would be taken out similar to BCE (BCE-T) but that didn't happen.
BUY
Feels this offers better value Rogers (RCI.B-T). Will have to develop world phone capability at pretty significant capital cost.
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