Analysts Set Expectations for Teck Resources FY2025 Earnings

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Research analysts at Zacks Research lifted their FY2025 EPS estimates for Teck Resources in a research note issued on Thursday, January 8th. Zacks Research analyst Team now anticipates that the basic materials company will post earnings of $1.55 per share for the year, up from their previous forecast of $1.42. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. Zacks Research also issued estimates for Teck Resources’ Q1 2026 earnings at $0.32 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.39 EPS, Q2 2027 earnings at $0.34 EPS, Q4 2027 earnings at $0.59 EPS and FY2027 earnings at $1.55 EPS.

Teck Resources (NYSE:TECK) (TSE:TECK) last issued its quarterly earnings results on Wednesday, October 22nd. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.16. Teck Resources had a return on equity of 4.14% and a net margin of 11.93%.The company had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same quarter last year, the company posted $0.60 EPS. The company’s revenue for the quarter was up 18.4% compared to the same quarter last year.

A number of other research firms have also recently commented on TECK. JPMorgan Chase & Co. increased their target price on shares of Teck Resources from $43.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Veritas downgraded shares of Teck Resources from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. Benchmark restated a “buy” rating on shares of Teck Resources in a research report on Thursday, October 23rd. Raymond James Financial reiterated an “outperform” rating on shares of Teck Resources in a report on Friday, October 10th. Finally, Citigroup reiterated a “neutral” rating on shares of Teck Resources in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $55.71.

Teck Resources Stock Performance

NYSE:TECK opened at $49.40 on Friday. Teck Resources has a twelve month low of $28.32 and a twelve month high of $52.24. The company has a quick ratio of 2.08, a current ratio of 2.78 and a debt-to-equity ratio of 0.15. The stock’s 50-day simple moving average is $44.12 and its 200 day simple moving average is $40.25. The firm has a market capitalization of $23.74 billion, a PE ratio of 27.75, a price-to-earnings-growth ratio of 0.59 and a beta of 0.79.

Teck Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a $0.125 dividend. The ex-dividend date was Monday, December 15th. This is a positive change from Teck Resources’s previous quarterly dividend of $0.09. This represents a $0.50 dividend on an annualized basis and a yield of 1.0%. Teck Resources’s dividend payout ratio (DPR) is currently 20.22%.

Institutional Investors Weigh In On Teck Resources

A number of institutional investors have recently made changes to their positions in TECK. Norges Bank acquired a new stake in shares of Teck Resources in the second quarter valued at about $437,657,000. 1832 Asset Management L.P. boosted its holdings in Teck Resources by 1,555.9% in the second quarter. 1832 Asset Management L.P. now owns 5,738,457 shares of the basic materials company’s stock valued at $231,719,000 after acquiring an additional 5,391,907 shares during the last quarter. Principal Financial Group Inc. increased its position in Teck Resources by 36.1% during the 3rd quarter. Principal Financial Group Inc. now owns 16,879,229 shares of the basic materials company’s stock valued at $740,604,000 after purchasing an additional 4,474,637 shares during the period. Wellington Management Group LLP increased its position in Teck Resources by 264.5% during the 3rd quarter. Wellington Management Group LLP now owns 5,781,060 shares of the basic materials company’s stock valued at $253,695,000 after purchasing an additional 4,194,868 shares during the period. Finally, Pentwater Capital Management LP raised its holdings in Teck Resources by 7,150.0% during the 3rd quarter. Pentwater Capital Management LP now owns 2,900,000 shares of the basic materials company’s stock worth $127,281,000 after purchasing an additional 2,860,000 shares during the last quarter. Institutional investors own 78.06% of the company’s stock.

About Teck Resources

Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects.

The company’s operations and projects are located across multiple geographies, with a significant presence in western Canada and North America and additional exploration and development activities in Latin America.