Zacks Research Cuts Earnings Estimates for Teck Resources

Teck Resources Limited (NYSE:TECK) (TSE:TECK) – Equities research analysts at Zacks Research dropped their Q2 2025 earnings per share estimates for shares of Teck Resources in a research note issued on Monday, February 10th. Zacks Research analyst M. Das now anticipates that the basic materials company will earn $0.24 per share for the quarter, down from their previous forecast 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.

Other research analysts have also recently issued reports about the stock. Raymond James decreased their price objective on shares of Teck Resources from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft cut Teck Resources from a “buy” rating to a “hold” rating and set a $50.00 price target on the stock. in a report on Friday, October 25th. StockNews.com raised Teck Resources from a “sell” rating to a “hold” rating in a report on Thursday, October 24th. National Bank Financial downgraded Teck Resources from an “outperform” rating to a “sector perform” rating in a report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. cut their price target on Teck Resources from $55.00 to $51.00 and set an “overweight” rating for the company in a research note on Thursday, January 16th. Six 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 company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $65.38.

Teck Resources Stock Up 0.2 %

TECK stock opened at $43.13 on Tuesday. The business has a fifty day moving average price of $42.43 and a 200-day moving average price of $45.95. 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 $21.51 billion, a P/E ratio of 65.34 and a beta of 1.02. Teck Resources has a 1-year low of $36.50 and a 1-year high of $55.13.

Teck Resources Cuts Dividend

The company also recently disclosed 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 payout ratio is 53.03%.

Institutional Investors Weigh In On Teck Resources

Hedge funds have recently made changes to their positions in the company. Stonebridge Financial Group LLC bought a new stake in Teck Resources in the 4th quarter worth approximately $25,000. Global Trust Asset Management LLC bought a new stake in Teck Resources in the fourth quarter worth $27,000. FPC Investment Advisory Inc. bought a new position in Teck Resources during the fourth quarter valued at $27,000. Eastern Bank purchased a new stake in shares of Teck Resources during the 3rd quarter valued at about $39,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Teck Resources in the third quarter worth about $40,000. 78.06% of the stock is currently owned by hedge funds and other institutional investors.

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.