Teck Resources (TECK) Stock Price, News & Analysis

$49.51
+4.07 (+8.96%)
(As of 04/25/2024 ET)
Today's Range
$47.00
$49.79
50-Day Range
$37.47
$49.38
52-Week Range
$34.38
$50.46
Volume
10.82 million shs
Average Volume
4.53 million shs
Market Capitalization
$25.27 billion
P/E Ratio
14.43
Dividend Yield
0.75%
Price Target
$44.33

Teck Resources MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
10.5% Downside
$44.33 Price Target
Short Interest
Healthy
1.26% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-9.56
Upright™ Environmental Score
News Sentiment
-0.08mentions of Teck Resources in the last 14 days
Based on 33 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-26.43%
From $3.33 to $2.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.12 out of 5 stars

Basic Materials Sector

123rd out of 170 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

13th out of 19 stocks

TECK stock logo

About Teck Resources Stock (NYSE:TECK)

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen. The company also produces lead, silver, and molybdenum; and various specialty and other metals, chemicals, and fertilizers. In addition, it explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. The company was founded in 1913 and is headquartered in Vancouver, Canada.

TECK Stock Price History

TECK Stock News Headlines

“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Teck Announces Dividend
Teck Shares Climb With Stronger Copper Production
Teck Resources Posts Lower Profit In Q1
“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Teck Reports Unaudited First Quarter Results for 2024
Here's what Wall Street expects from Teck Resources's earnings
TSX Flat to Start New Week
Copper Fox Completes Final Payment on the Eaglehead Copper Property
Teck Resources (NYSE:TECK) PT Raised to $50.00
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
N/A
Employees
12,600
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$44.33
High Stock Price Target
$63.00
Low Stock Price Target
$32.00
Potential Upside/Downside
-10.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$1.78 billion
Pretax Margin
26.27%

Debt

Sales & Book Value

Annual Sales
$11.12 billion
Cash Flow
$7.19 per share
Book Value
$40.32 per share

Miscellaneous

Free Float
509,771,000
Market Cap
$25.27 billion
Optionable
Optionable
Beta
1.15

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Key Executives

  • Mr. Jonathan H. Price M.B.A. (Age 47)
    President, CEO & Director
    Comp: $3.61M
  • Ms. Crystal J. Prystai
    Senior VP & CFO
  • Ms. Charlene A. Ripley (Age 60)
    Senior VP & General Counsel
    Comp: $1.02M
  • Mr. Nicholas Peter M. Hooper (Age 53)
    Senior Vice President of Corporate Development & Exploration
    Comp: $1.08M
  • Mr. Greg J. Brouwer
    Senior Vice President of Technical
  • Mr. Justin M. Webb
    VP & Chief Information Officer
  • Mr. H. Fraser Phillips
    Senior Vice President of Investor Relations & Strategic Analysis
  • Chris Stannell
    Public Relations Manager
  • Mr. Dean C. Winsor
    Senior VP & Chief Human Resources Officer
  • Mr. Réal Foley
    Senior Vice President

TECK Stock Analysis - Frequently Asked Questions

Should I buy or sell Teck Resources stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TECK shares.
View TECK analyst ratings
or view top-rated stocks.

What is Teck Resources' stock price target for 2024?

8 equities research analysts have issued 12 month price targets for Teck Resources' stock. Their TECK share price targets range from $32.00 to $63.00. On average, they predict the company's share price to reach $44.33 in the next twelve months. This suggests that the stock has a possible downside of 10.5%.
View analysts price targets for TECK
or view top-rated stocks among Wall Street analysts.

How have TECK shares performed in 2024?

Teck Resources' stock was trading at $42.27 on January 1st, 2024. Since then, TECK shares have increased by 17.1% and is now trading at $49.51.
View the best growth stocks for 2024 here
.

Are investors shorting Teck Resources?

Teck Resources saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 6,340,000 shares, an increase of 25.3% from the March 31st total of 5,060,000 shares. Based on an average trading volume of 4,060,000 shares, the short-interest ratio is presently 1.6 days. Currently, 1.3% of the shares of the company are sold short.
View Teck Resources' Short Interest
.

How were Teck Resources' earnings last quarter?

Teck Resources Limited (NYSE:TECK) issued its quarterly earnings data on Thursday, February, 22nd. The basic materials company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.01. The basic materials company had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $3.11 billion. Teck Resources had a net margin of 16.21% and a trailing twelve-month return on equity of 9.67%.

How often does Teck Resources pay dividends? What is the dividend yield for Teck Resources?

Teck Resources declared a quarterly dividend on Friday, February 23rd. Shareholders of record on Friday, March 15th will be paid a dividend of $0.0925 per share on Thursday, March 28th. This represents a $0.37 annualized dividend and a dividend yield of 0.75%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for TECK
.

Is Teck Resources a good dividend stock?

Teck Resources (NYSE:TECK) pays an annual dividend of $0.37 per share and currently has a dividend yield of 0.81%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TECK will have a dividend payout ratio of 15.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TECK.

What other stocks do shareholders of Teck Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Bank of America (BAC), Intelsat (I), Freeport-McMoRan (FCX), Micron Technology (MU), AMC Entertainment (AMC), Fossil Group (FOSL), Ciena (CIEN), Associated British Foods (ABF) and Chaarat Gold (CGH).

Who are Teck Resources' major shareholders?

Teck Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.23%), Foundation Resource Management Inc. (0.20%), Douglas Lane & Associates LLC (0.15%), Addenda Capital Inc. (0.10%), AMF Tjanstepension AB (0.09%) and Raymond James & Associates (0.06%).

How do I buy shares of Teck Resources?

Shares of TECK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TECK) was last updated on 4/26/2024 by MarketBeat.com Staff

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