B. Riley Analysts Lift Earnings Estimates for Teck Resources

Teck Resources Limited (NYSE:TECKFree Report) (TSE:TECK) – B. Riley boosted their Q2 2025 earnings per share estimates for Teck Resources in a note issued to investors on Tuesday, April 15th. B. Riley analyst N. Giles now expects that the basic materials company will earn $0.40 per share for the quarter, up from their previous estimate of $0.38. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. B. Riley also issued estimates for Teck Resources’ Q3 2025 earnings at $0.48 EPS, Q4 2025 earnings at $0.52 EPS and FY2025 earnings at $1.68 EPS.

Several other research analysts have also recently commented on TECK. Veritas raised shares of Teck Resources to a “hold” rating in a report on Friday, April 11th. Raymond James lowered their price objective 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. BMO Capital Markets assumed coverage on Teck Resources in a research report on Wednesday. They set an “outperform” rating for the company. JPMorgan Chase & Co. decreased their price target on Teck Resources from $50.00 to $41.00 and set an “overweight” rating on the stock in a research report on Thursday, April 10th. Finally, Bank of America boosted their price target on Teck Resources from $62.00 to $64.00 and gave the company a “buy” rating in a research note on Monday, March 10th. Eight analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $64.11.

View Our Latest Research Report on TECK

Teck Resources Price Performance

Shares of Teck Resources stock opened at $32.90 on Thursday. The company has a quick ratio of 2.35, a current ratio of 2.92 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $16.28 billion, a price-to-earnings ratio of 59.82 and a beta of 0.81. Teck Resources has a twelve month low of $28.32 and a twelve month high of $55.13. The company has a 50-day simple moving average of $38.60 and a two-hundred day simple moving average of $42.95.

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

Teck Resources Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a $0.0879 dividend. This represents a $0.35 annualized dividend and a yield of 1.07%. The ex-dividend date was Friday, March 14th. Teck Resources’s payout ratio is 61.82%.

Institutional Trading of Teck Resources

Hedge funds have recently added to or reduced their stakes in the stock. Stonebridge Financial Group LLC acquired a new position in shares of Teck Resources during the fourth quarter worth $25,000. Global Trust Asset Management LLC bought a new stake in Teck Resources during the 4th quarter worth $27,000. FPC Investment Advisory Inc. acquired a new position in Teck Resources in the 4th quarter worth about $27,000. Community Bank N.A. acquired a new position in Teck Resources in the 4th quarter worth about $33,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Teck Resources in the third quarter valued at about $40,000. Institutional investors and hedge funds own 78.06% of the company’s stock.

Teck Resources Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Teck Resources (NYSE:TECK)

Receive News & Ratings for Teck Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teck Resources and related companies with MarketBeat.com's FREE daily email newsletter.