FY2025 EPS Estimates for Teck Resources Decreased by Analyst

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Equities research analysts at Zacks Research cut their FY2025 EPS estimates for shares of Teck Resources in a research note issued to investors on Tuesday, September 2nd. Zacks Research analyst Team now forecasts that the basic materials company will earn $1.30 per share for the year, down from their prior estimate of $1.35. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. Zacks Research also issued estimates for Teck Resources’ Q1 2026 earnings at $0.37 EPS and FY2027 earnings at $1.43 EPS.

Teck Resources (NYSE:TECK) (TSE:TECK) last issued its earnings results on Thursday, July 24th. The basic materials company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.07. The business had revenue of $1.49 billion for the quarter, compared to analyst estimates of $2.25 billion. Teck Resources had a net margin of 2.51% and a return on equity of 3.91%. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.79 EPS.

Other equities research analysts have also issued research reports about the stock. Morgan Stanley lowered shares of Teck Resources from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $42.00 to $44.00 in a research note on Tuesday, July 15th. Benchmark decreased their price objective on shares of Teck Resources from $55.00 to $48.00 and set a “buy” rating for the company in a report on Monday, July 28th. CIBC cut shares of Teck Resources from a “sector outperform” rating to a “neutral” rating in a report on Friday, July 25th. Stifel Canada raised shares of Teck Resources to a “hold” rating in a research note on Tuesday, July 8th. Finally, B. Riley downgraded shares of Teck Resources from a “buy” rating to a “neutral” rating in a research report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $57.88.

Teck Resources Price Performance

TECK opened at $34.31 on Friday. The firm has a market cap of $16.48 billion, a price-to-earnings ratio of 90.29, a price-to-earnings-growth ratio of 0.51 and a beta of 0.78. Teck Resources has a fifty-two week low of $28.32 and a fifty-two week high of $54.13. The company’s 50-day moving average price is $35.13 and its 200 day moving average price is $36.59. The company has a quick ratio of 2.45, a current ratio of 3.47 and a debt-to-equity ratio of 0.15.

Teck Resources Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 15th will be issued a $0.0918 dividend. This is a boost from Teck Resources’s previous quarterly dividend of $0.09. The ex-dividend date is Monday, September 15th. This represents a $0.37 annualized dividend and a yield of 1.1%. Teck Resources’s payout ratio is 94.74%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TECK. Smartleaf Asset Management LLC raised its holdings in Teck Resources by 69.2% in the 1st quarter. Smartleaf Asset Management LLC now owns 856 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 350 shares during the period. Costello Asset Management INC acquired a new stake in Teck Resources in the 1st quarter worth $33,000. Banque Cantonale Vaudoise acquired a new stake in Teck Resources in the 1st quarter worth $36,000. Golden State Wealth Management LLC grew its position in Teck Resources by 7,560.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,149 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 1,134 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in Teck Resources in the 2nd quarter worth $49,000. Institutional investors own 78.06% of the company’s stock.

Teck Resources Company Profile

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.