Q3 EPS Estimates for Teck Resources Lowered by Raymond James

Teck Resources Limited (NYSE:TECK) (TSE:TECK) – Analysts at Raymond James reduced their Q3 2025 EPS estimates for Teck Resources in a note issued to investors on Tuesday, April 1st. Raymond James analyst B. Macarthur now anticipates that the basic materials company will post earnings of $0.36 per share for the quarter, down from their previous estimate of $0.45. Raymond James currently has a “Outperform” rating and a $70.00 target price 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 announced its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.33 EPS for the quarter, beating 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 business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $2.58 billion.

TECK has been the subject of several other reports. JPMorgan Chase & Co. reduced their price target on Teck Resources from $55.00 to $51.00 and set an “overweight” rating for the company in a research report 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. Desjardins initiated coverage on shares of Teck Resources in a report on Friday. They set a “buy” rating on the stock. Finally, Bank of America raised their price target on shares of Teck Resources from $62.00 to $64.00 and gave the company a “buy” rating in a research report on Monday, March 10th. Six research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Teck Resources currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.22.

Teck Resources Price Performance

Shares of TECK opened at $29.97 on Friday. The company has a market capitalization of $14.83 billion, a P/E ratio of 54.48 and a beta of 0.81. The business’s 50-day moving average is $40.72 and its two-hundred day moving average is $44.25. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.35 and a current ratio of 2.92. Teck Resources has a fifty-two week low of $29.26 and a fifty-two week high of $55.13.

Teck Resources Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a dividend of $0.0879 per share. This represents a $0.35 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, March 14th. Teck Resources’s payout ratio is 61.82%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TECK. Synergy Asset Management LLC raised its position in shares of Teck Resources by 77.7% in the fourth quarter. Synergy Asset Management LLC now owns 16,892 shares of the basic materials company’s stock valued at $685,000 after buying an additional 7,387 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Teck Resources during the 3rd quarter valued at about $1,937,000. FNY Investment Advisers LLC raised its holdings in Teck Resources by 709.5% in the 4th quarter. FNY Investment Advisers LLC now owns 17,000 shares of the basic materials company’s stock valued at $689,000 after acquiring an additional 14,900 shares during the last quarter. Groupama Asset Managment lifted its stake in Teck Resources by 6.7% in the 3rd quarter. Groupama Asset Managment now owns 2,319,624 shares of the basic materials company’s stock worth $121,177,000 after purchasing an additional 144,889 shares in the last quarter. Finally, Toronto Dominion Bank lifted its stake in Teck Resources by 40.1% in the 3rd quarter. Toronto Dominion Bank now owns 903,132 shares of the basic materials company’s stock worth $47,180,000 after purchasing an additional 258,455 shares in the last quarter. Hedge funds and other institutional investors own 78.06% of the company’s stock.

Teck Resources Company Profile

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.