Raymond James Financial Forecasts Teck Resources Q1 Earnings

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Equities researchers at Raymond James Financial issued their Q1 2026 EPS estimates for Teck Resources in a research note issued to investors on Thursday, June 26th. Raymond James Financial analyst B. Macarthur expects that the basic materials company will earn $0.34 per share for the quarter. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. Raymond James Financial also issued estimates for Teck Resources’ Q2 2026 earnings at $0.38 EPS, Q3 2026 earnings at $0.44 EPS, Q4 2026 earnings at $0.37 EPS and FY2026 earnings at $1.53 EPS.

Teck Resources (NYSE:TECK) (TSE:TECK) last posted its earnings results on Thursday, April 24th. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.18. Teck Resources had a net margin of 3.48% and a return on equity of 4.53%. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the previous year, the business posted $0.75 EPS. The business’s revenue was up 41.4% compared to the same quarter last year.

A number of other equities research analysts have also recently issued reports on the stock. National Bank Financial raised shares of Teck Resources from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 24th. Veritas raised Teck Resources to a “hold” rating in a research note on Friday, April 11th. UBS Group restated a “neutral” rating on shares of Teck Resources in a report on Tuesday, April 15th. National Bankshares raised shares of Teck Resources from a “sector perform” rating to an “outperform” rating in a report on Thursday, April 24th. Finally, BMO Capital Markets assumed coverage on shares of Teck Resources in a research report on Wednesday, April 16th. They set an “outperform” rating on the stock. Six analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $64.63.

Teck Resources Price Performance

Shares of Teck Resources stock opened at $40.47 on Monday. The company has a quick ratio of 2.57, a current ratio of 3.36 and a debt-to-equity ratio of 0.15. Teck Resources has a twelve month low of $28.32 and a twelve month high of $54.13. The business has a 50-day moving average price of $37.03 and a 200 day moving average price of $38.88. The firm has a market cap of $19.67 billion, a PE ratio of 69.78, a P/E/G ratio of 0.60 and a beta of 0.79.

Institutional Investors Weigh In On Teck Resources

Several large investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in Teck Resources during the 4th quarter worth approximately $470,101,000. Principal Financial Group Inc. raised its stake in Teck Resources by 56.9% during the 1st quarter. Principal Financial Group Inc. now owns 11,530,742 shares of the basic materials company’s stock valued at $419,970,000 after acquiring an additional 4,180,623 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Teck Resources during the fourth quarter worth $65,197,000. AMF Tjanstepension AB boosted its holdings in shares of Teck Resources by 32.2% in the fourth quarter. AMF Tjanstepension AB now owns 6,020,023 shares of the basic materials company’s stock valued at $244,252,000 after acquiring an additional 1,467,516 shares in the last quarter. Finally, Temasek Holdings Private Ltd boosted its holdings in Teck Resources by 125.8% in the 1st quarter. Temasek Holdings Private Ltd now owns 2,479,555 shares of the basic materials company’s stock valued at $90,330,000 after purchasing an additional 1,381,355 shares in the last quarter. 78.06% of the stock is owned by hedge funds and other institutional investors.

Teck Resources Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were given a dividend of $0.0901 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend was Monday, June 16th. This is a boost from Teck Resources’s previous quarterly dividend of $0.09. Teck Resources’s dividend payout ratio is currently 62.07%.

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.