Teck Resources FY2025 EPS Reduced by Raymond James Financial

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Research analysts at Raymond James Financial reduced their FY2025 EPS estimates for Teck Resources in a report issued on Tuesday, September 9th. Raymond James Financial analyst B. Macarthur now anticipates that the basic materials company will earn $1.41 per share for the year, down from their prior estimate of $1.42. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. Raymond James Financial also issued estimates for Teck Resources’ Q1 2026 earnings at $0.37 EPS, Q2 2026 earnings at $0.38 EPS, Q3 2026 earnings at $0.39 EPS and FY2026 earnings at $1.53 EPS.

Teck Resources (NYSE:TECK) (TSE:TECK) last posted its earnings results on Thursday, July 24th. The basic materials company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.07. The firm had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Teck Resources had a net margin of 2.51% and a return on equity of 3.91%. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 earnings per share.

Other research analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft raised Teck Resources from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research note on Monday, September 8th. Morgan Stanley downgraded Teck Resources from an “overweight” rating to an “equal weight” rating and upped their price objective for the company from $42.00 to $44.00 in a research note on Tuesday, July 15th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $41.00 price objective (down previously from $46.00) on shares of Teck Resources in a research note on Friday, July 25th. Royal Bank Of Canada lowered their price objective on Teck Resources from $82.00 to $67.00 and set an “outperform” rating for the company in a research note on Friday, July 25th. Finally, Cibc World Mkts downgraded Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $56.88.

Teck Resources Stock Up 0.6%

TECK stock opened at $41.91 on Thursday. The stock has a market capitalization of $20.13 billion, a P/E ratio of 110.29, a price-to-earnings-growth ratio of 0.62 and a beta of 0.78. The company has a current ratio of 3.47, a quick ratio of 2.45 and a debt-to-equity ratio of 0.15. Teck Resources has a 12 month low of $28.32 and a 12 month high of $54.13. The firm has a 50-day moving average price of $35.00 and a 200-day moving average price of $36.52.

Institutional Trading of Teck Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC boosted its holdings in shares of Teck Resources by 5.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 10,354 shares of the basic materials company’s stock worth $377,000 after buying an additional 545 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of Teck Resources by 7,560.0% during the 1st quarter. Golden State Wealth Management LLC now owns 1,149 shares of the basic materials company’s stock worth $42,000 after buying an additional 1,134 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Teck Resources by 20.9% during the 1st quarter. Cetera Investment Advisers now owns 69,885 shares of the basic materials company’s stock worth $2,546,000 after buying an additional 12,092 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of Teck Resources by 22.6% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 12,141 shares of the basic materials company’s stock worth $442,000 after buying an additional 2,240 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Teck Resources by 13,171.4% during the 1st quarter. GAMMA Investing LLC now owns 3,716 shares of the basic materials company’s stock worth $135,000 after buying an additional 3,688 shares in the last quarter. Institutional investors and hedge funds own 78.06% of the company’s stock.

Teck Resources Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 15th will be given a dividend of $0.0918 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.37 dividend on an annualized basis and a yield of 0.9%. This is a boost from Teck Resources’s previous quarterly dividend of $0.09. Teck Resources’s payout ratio is currently 94.74%.

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.