
TELUS shares have slid 22% in three months as guidance cuts, weaker cash flow and Digital pressure test whether a near-five-year-low valuation is enough.
TELUS Corporation offers a range of telecommunications and information technology products and services in Canada. The company is headquartered in Vancouver, Canada.
| Revenue (TTM) | $20.21B |
| Gross Profit (TTM) | $7.20B |
| EBITDA | $4.96B |
| Operating Margin | 15.10% |
| Return on Equity | -6.39% |
| Return on Assets | 3.41% |
| Revenue/Share (TTM) | $12.99 |
| Book Value | $6.07 |
| Price-to-Book | 1.61 |
| Price-to-Sales (TTM) | 0.76 |
| EV/Revenue | 2.543 |
| EV/EBITDA | 10.45 |
| Quarterly Earnings Growth (YoY) | -58.50% |
| Quarterly Revenue Growth (YoY) | -2.20% |
| Shares Outstanding | $1.57B |
| Float | $1.59B |
| % Insiders | 0.06% |
| % Institutions | 49.39% |
Volatility is currently contracting

TELUS shares have slid 22% in three months as guidance cuts, weaker cash flow and Digital pressure test whether a near-five-year-low valuation is enough.

TELUS' 55% dividend cut could free C$2.7 billion through 2028 for debt reduction as lower cash flow raises the stakes for deleveraging.

TU trades below its historical EV/EBITDA median, but leverage, estimate cuts and restructuring needs keep the value case tied to execution.

TU cut its 2026 outlook and reset its dividend after weaker Digital results, lower revenues and a C$2.14B impairment drove a steep quarterly loss.

Telus (TU) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.16 per share a year ago.

Dividend reset realigned with capital priorities with clear path to 3.0-times or lower leverage by year-end 2028 Dividend reinvestment plan discount to be removed effective October 1, 2026, reducing shareholder dilution VANCOUVER, BC, July 31, 2026 /PRNewswire/ -- TELUS Corporation (TSX: T) (NYSE: TU) today released its unaudited results for the second quarter ended June 30, 2026. Concurrent with its quarterly results, TELUS is announcing three near-term strategic priorities, a reset of its quarterly dividend, planned removal of the dividend reinvestment plan (DRIP) discount and revised full-year financial guidance that reflects the company's financial priorities and its commitment to long-term value creation and balance sheet strength.

The heavy selling pressure might have exhausted for Telus (TU) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Senior telecom executive David Fuller rejoins the company to lead consolidated consumer and business telecom portfolio as of September 1 st Navin Arora appointed EVP and Group President, Global Platform Businesses, to drive value creation across a streamlined global portfolio Zainul Mawji, EVP, TELUS Consumer Solutions, transitions from the company after 25 years of significant contributions to TELUS and the communities it serves VANCOUVER, BC, July 22, 2026 /PRNewswire/ -- TELUS Corporation (TSX: T) (NYSE: TU) today announced changes to its executive leadership as a first step in a transformation of the company's core telecom business to drive sustainable growth. This reorganization is designed to drive enhanced customer service, align capital and resources to the highest margin products, services and customer segments, and realize operational efficiencies across the organization.

TELUS Corporation trades at depressed valuations after competitive and psychological headwinds, yet its infrastructure assets and free cash flow growth remain compelling. TU's PureFibre network and diversified businesses, including TELUS Health and AI, underpin a robust moat and significant hidden value. Management targets 10%+ free cash flow CAGR through 2028, supported by reduced CapEx, asset monetizations, and a disciplined deleveraging plan.

TELUS Corporation faces unsustainable dividend payouts, high leverage, and regulatory headwinds, leading to a Hold rating and a $13/share price target. Despite diversified growth in healthcare, agri-tech, and AI, T struggles with margin pressure, elevated churn, and a price war in Canadian telecom. The current 11%+ yield is at risk; a 35-40% dividend cut is likely required to restore financial health and unlock future upside.
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