Q1 EPS Estimates for Teck Resources Lifted by Zacks Research

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Research analysts at Zacks Research increased their Q1 2026 EPS estimates for Teck Resources in a report released on Friday, April 17th. Zacks Research analyst Team now expects that the basic materials company will post earnings of $0.50 per share for the quarter, up from their previous estimate of $0.43. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Teck Resources’ current full-year earnings is $2.68 per share. Zacks Research also issued estimates for Teck Resources’ Q2 2026 earnings at $0.49 EPS, Q3 2026 earnings at $0.59 EPS, Q4 2026 earnings at $0.51 EPS, FY2026 earnings at $2.09 EPS, Q1 2027 earnings at $0.47 EPS, Q2 2027 earnings at $0.49 EPS, Q3 2027 earnings at $0.69 EPS, Q4 2027 earnings at $0.69 EPS and FY2027 earnings at $2.34 EPS.

A number of other equities research analysts have also recently issued reports on TECK. Scotiabank reissued a “sector perform” rating on shares of Teck Resources in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $62.00 price target on shares of Teck Resources in a research report on Wednesday, April 15th. Benchmark increased their price target on shares of Teck Resources from $48.00 to $67.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. UBS Group reissued a “buy” rating on shares of Teck Resources in a research report on Tuesday, January 27th. Finally, TD Securities reissued a “hold” rating on shares of Teck Resources in a research report on Monday, February 23rd. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, Teck Resources currently has a consensus rating of “Hold” and a consensus price target of $59.67.

Teck Resources Price Performance

Shares of Teck Resources stock opened at $56.69 on Tuesday. Teck Resources has a 52-week low of $30.98 and a 52-week high of $62.41. The stock has a market capitalization of $27.32 billion, a price-to-earnings ratio of 28.06, a price-to-earnings-growth ratio of 3.11 and a beta of 0.85. The company has a fifty day moving average of $54.54 and a 200-day moving average of $49.23. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.91 and a current ratio of 2.54.

Teck Resources (NYSE:TECK) (TSE:TECK) last released its quarterly earnings results on Thursday, February 19th. The basic materials company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.39. Teck Resources had a net margin of 12.98% and a return on equity of 5.90%. The business had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the company earned $0.45 EPS. The business’s quarterly revenue was up 9.8% compared to the same quarter last year.

Teck Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were issued a $0.125 dividend. The ex-dividend date was Friday, March 13th. This represents a $0.50 annualized dividend and a yield of 0.9%. Teck Resources’s dividend payout ratio is 18.32%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Welch Group LLC increased its stake in shares of Teck Resources by 6.2% in the 1st quarter. Welch Group LLC now owns 6,266 shares of the basic materials company’s stock worth $324,000 after acquiring an additional 367 shares in the last quarter. Blue Trust Inc. grew its position in Teck Resources by 411.8% during the 1st quarter. Blue Trust Inc. now owns 563 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 453 shares during the last quarter. Banque Cantonale Vaudoise grew its position in Teck Resources by 33.3% during the 1st quarter. Banque Cantonale Vaudoise now owns 5,200 shares of the basic materials company’s stock valued at $269,000 after purchasing an additional 1,300 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Teck Resources by 23.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 13,997 shares of the basic materials company’s stock valued at $722,000 after purchasing an additional 2,680 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Teck Resources during the 1st quarter valued at about $455,000. 78.06% of the stock is currently owned by institutional investors.

More Teck Resources News

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

• Positive Sentiment: Zacks highlights Teck as one of two copper-focused miners likely to deliver Q1 earnings beats as firm copper prices (supply disruptions + steady demand) support revenue despite cost pressure. This note supports upside to near-term results and trading multiples. 2 Copper Stocks Likely to Pull Off Earnings Surprises in Q1
• Positive Sentiment: Zacks Research repeatedly raised Teck’s quarterly and annual EPS estimates across 2026–2027 and maintains a “Strong-Buy” view — lifts to Q1/Q2/Q3 2026 and FY2026/FY2027 EPS expectations imply stronger underlying earnings trajectory vs. prior forecasts, which is supportive for valuation and analyst-driven buying.
• Positive Sentiment: Scotiabank increased its FY2026 EPS forecast materially (to $3.09 from $2.76), signalling some sell-side conviction that commodity-driven earnings will be higher than earlier assumed — another bullish catalyst for investor sentiment.
• Neutral Sentiment: Valhalla Metals agreed to acquire the Smucker property from Teck to consolidate and advance critical-minerals projects in Alaska’s Ambler district. For Teck the deal can free up capital/permit complexity and let specialists advance the asset, but the strategic/financial details are limited so near-term market reaction is ambiguous. Valhalla Metals to Acquire Smucker Property from Teck
• Neutral Sentiment: General comparison coverage (Teck vs. peers/royalty companies) is circulating but contains little new company-specific operational data; useful for relative valuation context but unlikely to move the stock materially on its own. Comparing Teck Resources (NYSE:TECK) and OR Royalties (NYSE:OR)
• Negative Sentiment: Amid the many bullish estimate revisions, Zacks trimmed its Q4 2026 EPS estimate slightly (from $0.53 to $0.51) — a small downward revision that may prompt short-term profit-taking or highlight quarter-to-quarter volatility in guidance sensitivity.

Teck Resources Company Profile

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.