Teck Resources Q3 EPS Estimate Decreased by Raymond James

Teck Resources Limited (NYSE:TECK) (TSE:TECK) – Investment analysts at Raymond James reduced their Q3 2025 earnings estimates for Teck Resources in a research report issued to clients and investors on Tuesday, April 1st. Raymond James analyst B. Macarthur now expects that the basic materials company will earn $0.36 per share for the quarter, down from their prior estimate of $0.45. Raymond James currently has a “Outperform” rating and a $70.00 price objective on the stock. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. Raymond James also issued estimates for Teck Resources’ Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.35 EPS, Q4 2025 earnings at $0.35 EPS and FY2025 earnings at $1.27 EPS.

Teck Resources (NYSE:TECK) (TSE:TECK) last released its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.07. Teck Resources had a net margin of 2.96% and a return on equity of 4.59%. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $2.58 billion.

Other research analysts also recently issued reports about the company. Bank of America upped their price objective on Teck Resources from $62.00 to $64.00 and gave the stock a “buy” rating in a research note on Monday, March 10th. JPMorgan Chase & Co. lowered their price target on shares of Teck Resources from $55.00 to $51.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Desjardins assumed coverage on shares of Teck Resources in a research report on Friday. They issued a “buy” rating on the stock. Finally, National Bank Financial lowered shares of Teck Resources from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, December 10th. Six equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.22.

Teck Resources Stock Down 12.1 %

Shares of Teck Resources stock opened at $29.97 on Friday. The stock has a market capitalization of $14.83 billion, a price-to-earnings ratio of 54.48 and a beta of 0.81. Teck Resources has a twelve month low of $29.26 and a twelve month high of $55.13. The company has a current ratio of 2.92, a quick ratio of 2.35 and a debt-to-equity ratio of 0.16. The business’s 50 day simple moving average is $40.72 and its 200-day simple moving average is $44.26.

Hedge Funds Weigh In On Teck Resources

Several hedge funds have recently modified their holdings of TECK. Norges Bank acquired a new stake in shares of Teck Resources in the fourth quarter valued at $470,101,000. Swedbank AB acquired a new stake in Teck Resources in the 4th quarter valued at about $103,878,000. Arrowstreet Capital Limited Partnership acquired a new stake in Teck Resources in the 4th quarter valued at about $65,197,000. AMF Tjanstepension AB boosted its position in shares of Teck Resources by 32.2% during the 4th quarter. AMF Tjanstepension AB now owns 6,020,023 shares of the basic materials company’s stock valued at $244,252,000 after purchasing an additional 1,467,516 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI acquired a new position in shares of Teck Resources in the 3rd quarter worth approximately $70,549,000. 78.06% of the stock is currently owned by institutional investors and hedge funds.

Teck Resources Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a $0.0879 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.35 dividend on an annualized basis and a yield of 1.17%. Teck Resources’s dividend payout ratio (DPR) is 61.82%.

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.