Q3 Earnings Forecast for Teck Resources Issued By Scotiabank

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Analysts at Scotiabank decreased their Q3 2025 earnings estimates for shares of Teck Resources in a research note issued on Tuesday, October 14th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will post earnings of $0.37 per share for the quarter, down from their previous forecast of $0.50. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. Scotiabank also issued estimates for Teck Resources’ Q4 2025 earnings at $0.26 EPS, FY2025 earnings at $1.31 EPS, Q1 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.56 EPS, FY2026 earnings at $1.83 EPS, Q1 2027 earnings at $0.51 EPS, Q2 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.51 EPS, FY2027 earnings at $1.93 EPS and FY2029 earnings at $1.62 EPS.

Several other research firms have also commented on TECK. Veritas lowered shares of Teck Resources from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Citigroup reiterated a “neutral” rating on shares of Teck Resources in a research note on Wednesday, October 8th. CIBC lowered shares of Teck Resources from a “sector outperform” rating to a “neutral” rating in a research note on Friday, July 25th. UBS Group raised shares of Teck Resources from a “neutral” rating to a “buy” rating in a research report on Wednesday, September 3rd. Finally, Benchmark dropped their target price on shares of Teck Resources from $55.00 to $48.00 and set a “buy” rating on the stock in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $54.00.

Teck Resources Trading Down 2.1%

NYSE TECK opened at $43.38 on Friday. The company has a quick ratio of 2.45, a current ratio of 3.47 and a debt-to-equity ratio of 0.15. The firm has a market cap of $20.84 billion, a PE ratio of 114.15, a price-to-earnings-growth ratio of 0.64 and a beta of 0.92. The company has a 50 day moving average price of $38.15 and a 200 day moving average price of $36.82. Teck Resources has a 52 week low of $28.32 and a 52 week high of $51.48.

Teck Resources (NYSE:TECK) (TSE:TECK) last posted its quarterly earnings data on Thursday, July 24th. The basic materials company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.20 by $0.07. The firm had revenue of $1.49 billion during 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%. Teck Resources’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.79 EPS.

Institutional Trading of Teck Resources

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Teck Resources by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 19,531,542 shares of the basic materials company’s stock valued at $711,475,000 after acquiring an additional 215,410 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Teck Resources by 56.9% in the 1st quarter. Principal Financial Group Inc. now owns 11,530,742 shares of the basic materials company’s stock valued at $419,970,000 after acquiring an additional 4,180,623 shares during the last quarter. Norges Bank purchased a new stake in shares of Teck Resources in the 2nd quarter valued at $437,657,000. Boston Partners boosted its holdings in shares of Teck Resources by 1.2% in the 2nd quarter. Boston Partners now owns 9,365,206 shares of the basic materials company’s stock valued at $378,167,000 after acquiring an additional 113,431 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its holdings in shares of Teck Resources by 32.7% in the 2nd quarter. Mackenzie Financial Corp now owns 7,989,715 shares of the basic materials company’s stock valued at $323,311,000 after acquiring an additional 1,969,286 shares during the last quarter. 78.06% of the stock is owned by hedge funds and other institutional investors.

Teck Resources Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were given a dividend of $0.0918 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.37 annualized dividend and a yield of 0.8%. This is a boost from Teck Resources’s previous quarterly dividend of $0.09. Teck Resources’s payout ratio is presently 94.74%.

About Teck Resources

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.