Teck Resources Limited (NYSE:TECK – Free Report) (TSE:TECK) – Analysts at Zacks Research decreased their Q2 2025 EPS estimates for Teck Resources in a research note issued on Monday, February 10th. Zacks Research analyst M. Das now expects that the basic materials company will post earnings of $0.24 per share for the quarter, down from their previous estimate 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.
TECK has been the topic of a number of other reports. Raymond James decreased their target price on Teck Resources from $75.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft cut shares of Teck Resources from a “buy” rating to a “hold” rating and set a $50.00 target price on the stock. in a research note on Friday, October 25th. StockNews.com upgraded shares of Teck Resources from a “sell” rating to a “hold” rating in a research note on Thursday, October 24th. National Bank Financial downgraded Teck Resources from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, December 10th. Finally, UBS Group downgraded Teck Resources from a “buy” rating to a “neutral” rating in a research note on Monday, November 11th. Six research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $65.38.
Teck Resources Trading Up 1.6 %
Shares of Teck Resources stock opened at $42.98 on Tuesday. Teck Resources has a 1-year low of $36.50 and a 1-year high of $55.13. The company’s fifty day simple moving average is $42.30 and its 200-day simple moving average is $45.90. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.92 and a quick ratio of 2.35. The stock has a market capitalization of $21.44 billion, a PE ratio of 65.12 and a beta of 1.02.
Institutional Investors Weigh In On Teck Resources
Several large investors have recently bought and sold shares of TECK. Norges Bank bought a new position in Teck Resources during the fourth quarter valued at $470,101,000. Swedbank AB bought a new stake in shares of Teck Resources in the 4th quarter worth about $103,878,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Teck Resources during the 4th quarter valued at about $65,197,000. FMR LLC lifted its holdings in shares of Teck Resources by 72.8% in the 3rd quarter. FMR LLC now owns 3,634,430 shares of the basic materials company’s stock valued at $189,848,000 after acquiring an additional 1,531,563 shares during the last quarter. Finally, AMF Tjanstepension AB grew its position in 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 worth $244,252,000 after acquiring an additional 1,467,516 shares in the last quarter. Institutional investors own 78.06% of the company’s stock.
Teck Resources Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.0895 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.83%. Teck Resources’s dividend payout ratio 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.
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