Zacks Research Lifts Earnings Estimates for Teck Resources

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Research analysts at Zacks Research boosted their FY2025 earnings estimates for Teck Resources in a research report issued to clients and investors on Thursday, January 8th. Zacks Research analyst Team now anticipates that the basic materials company will earn $1.55 per share for the year, up from their previous estimate of $1.42. 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 $0.32 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.39 EPS, Q2 2027 earnings at $0.34 EPS, Q4 2027 earnings at $0.59 EPS and FY2027 earnings at $1.55 EPS.

Teck Resources (NYSE:TECK) (TSE:TECK) last released its quarterly earnings results on Wednesday, October 22nd. The basic materials company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.16. The company had revenue of $2.43 billion for the quarter, compared to analysts’ expectations of $2.93 billion. Teck Resources had a return on equity of 4.14% and a net margin of 11.93%.The business’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 earnings per share.

A number of other analysts also recently commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Teck Resources from $43.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Natl Bk Canada downgraded Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Benchmark reaffirmed a “buy” rating on shares of Teck Resources in a research note on Thursday, October 23rd. Citigroup reissued a “neutral” rating on shares of Teck Resources in a research note on Wednesday, October 8th. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Teck Resources in a research note on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $55.71.

Teck Resources Price Performance

Shares of NYSE TECK opened at $49.59 on Friday. The stock has a market cap of $23.84 billion, a P/E ratio of 27.86, a P/E/G ratio of 0.56 and a beta of 0.79. The firm’s 50-day simple moving average is $44.25 and its 200 day simple moving average is $40.33. Teck Resources has a fifty-two week low of $28.32 and a fifty-two week high of $52.24. The company has a quick ratio of 2.08, a current ratio of 2.78 and a debt-to-equity ratio of 0.15.

Teck Resources Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were issued a $0.125 dividend. The ex-dividend date was Monday, December 15th. This is a positive change from Teck Resources’s previous quarterly dividend of $0.09. This represents a $0.50 annualized dividend and a dividend yield of 1.0%. Teck Resources’s dividend payout ratio is 20.22%.

Institutional Investors Weigh In On Teck Resources

Large investors have recently made changes to their positions in the company. Versant Capital Management Inc purchased a new position in Teck Resources during the 3rd quarter worth approximately $26,000. Smartleaf Asset Management LLC boosted its position in shares of Teck Resources by 72.4% in the third quarter. Smartleaf Asset Management LLC now owns 836 shares of the basic materials company’s stock worth $37,000 after buying an additional 351 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Teck Resources during the second quarter valued at $49,000. SouthState Bank Corp purchased a new stake in Teck Resources in the 3rd quarter worth about $50,000. Finally, MassMutual Private Wealth & Trust FSB boosted its position in Teck Resources by 102.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,320 shares of the basic materials company’s stock worth $53,000 after acquiring an additional 668 shares during the period. Institutional investors and hedge funds own 78.06% of the company’s stock.

Teck Resources News Roundup

Here are the key news stories impacting Teck Resources this week:

• Positive Sentiment: Zacks Research raised EPS forecasts across several upcoming quarters and pushed up FY2025 and FY2027 estimates — upgrades include higher Q1–Q4 2026 quarter forecasts and a lift to FY2027 (now ~$1.55). These revisions imply stronger near-term profitability expectations and help explain buying interest. Zacks / MarketBeat Summary
• Neutral Sentiment: A Yahoo Finance analysis asks whether it’s “too late” to buy after the stock’s recent price strength — a signal that some investors may weigh valuation and timing risk even as fundamentals/estimates improve. That editorial discussion can cap near-term upside if investors rotate to profit-taking. Is It Too Late To Consider Teck Resources?

About Teck Resources

Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects.

The company’s operations and projects are located across multiple geographies, with a significant presence in western Canada and North America and additional exploration and development activities in Latin America.