Zacks Research Lowers Earnings Estimates for Teck Resources

Teck Resources Limited (NYSE:TECK) (TSE:TECK) – Stock analysts at Zacks Research lowered their Q2 2025 earnings estimates for shares of Teck Resources in a report issued on Monday, February 10th. Zacks Research analyst M. Das now anticipates that the basic materials company will post earnings of $0.24 per share for the quarter, down from their previous forecast of $0.30. The consensus estimate for Teck Resources’ current full-year earnings is $1.64 per share. Zacks Research also issued estimates for Teck Resources’ Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.31 EPS, Q1 2026 earnings at $0.27 EPS, Q2 2026 earnings at $0.30 EPS, Q3 2026 earnings at $0.42 EPS and Q4 2026 earnings at $0.32 EPS.

A number of other research analysts also recently weighed in on the company. Raymond James dropped their price target on Teck Resources from $75.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 22nd. StockNews.com raised shares of Teck Resources from a “sell” rating to a “hold” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. dropped their price objective on shares of Teck Resources from $55.00 to $51.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. National Bank Financial lowered shares of Teck Resources from an “outperform” rating to a “sector perform” rating in a report on Tuesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft lowered Teck Resources from a “buy” rating to a “hold” rating and set a $50.00 target price on the stock. in a report on Friday, October 25th. Six analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $65.38.

Teck Resources Trading Down 2.1 %

TECK opened at $42.28 on Tuesday. The company has a market cap of $21.09 billion, a P/E ratio of 64.06 and a beta of 1.02. The company has a fifty day moving average price of $42.36 and a two-hundred day moving average price of $45.92. The company has a current ratio of 2.92, a quick ratio of 2.35 and a debt-to-equity ratio of 0.16. Teck Resources has a 1-year low of $36.50 and a 1-year high of $55.13.

Institutional Investors Weigh In On Teck Resources

Several hedge funds and other institutional investors have recently modified their holdings of the stock. TD Asset Management Inc. raised its holdings in shares of Teck Resources by 0.7% in the 4th quarter. TD Asset Management Inc. now owns 5,973,390 shares of the basic materials company’s stock valued at $242,059,000 after acquiring an additional 41,081 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Teck Resources by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 19,316,132 shares of the basic materials company’s stock valued at $783,153,000 after purchasing an additional 58,985 shares during the last quarter. Community Bank N.A. purchased a new position in shares of Teck Resources during the 4th quarter valued at about $33,000. LPL Financial LLC lifted its position in Teck Resources by 5.1% in the 4th quarter. LPL Financial LLC now owns 152,327 shares of the basic materials company’s stock worth $6,174,000 after buying an additional 7,400 shares during the last quarter. Finally, Guardian Partners Inc. purchased a new position in shares of Teck Resources during the fourth quarter worth approximately $1,245,000. 78.06% of the stock is currently owned by institutional investors.

Teck Resources Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.0895 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Friday, December 13th. Teck Resources’s dividend payout ratio (DPR) is currently 53.03%.

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.