Teck Resources Limited (NYSE:TECK – Free Report) (TSE:TECK) – Stock analysts at B. Riley boosted their Q2 2025 earnings per share estimates for shares of Teck Resources in a report issued on Tuesday, April 15th. B. Riley analyst N. Giles now anticipates that the basic materials company will post earnings of $0.40 per share for the quarter, up from their previous estimate of $0.38. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. B. Riley also issued estimates for Teck Resources’ Q3 2025 earnings at $0.48 EPS, Q4 2025 earnings at $0.52 EPS and FY2025 earnings at $1.68 EPS.
A number of other equities analysts have also recently weighed in on the company. JPMorgan Chase & Co. cut their price target on Teck Resources from $50.00 to $41.00 and set an “overweight” rating for the company in a report on Thursday, April 10th. UBS Group reissued a “neutral” rating on shares of Teck Resources in a research note on Tuesday. Bank of America raised their price target on shares of Teck Resources from $62.00 to $64.00 and gave the stock a “buy” rating in a research note on Monday, March 10th. Desjardins initiated coverage on shares of Teck Resources in a research report on Friday, April 4th. They issued a “buy” rating for the company. Finally, BMO Capital Markets began coverage on shares of Teck Resources in a research report on Wednesday. They set an “outperform” rating on the stock. Eight research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $64.11.
Teck Resources Stock Down 1.2 %
Shares of NYSE TECK opened at $33.42 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.92 and a quick ratio of 2.35. Teck Resources has a 12-month low of $28.32 and a 12-month high of $55.13. The company has a market capitalization of $16.54 billion, a PE ratio of 60.76 and a beta of 0.81. The firm’s 50-day moving average is $38.81 and its two-hundred day moving average is $43.08.
Teck Resources (NYSE:TECK – Get Free Report) (TSE:TECK) last released its earnings results on Thursday, February 20th. The basic materials company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.07. Teck Resources had a return on equity of 4.59% and a net margin of 2.96%. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $2.58 billion.
Teck Resources Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a dividend of $0.0879 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.35 annualized dividend and a dividend yield of 1.05%. Teck Resources’s payout ratio is currently 61.82%.
Institutional Trading of Teck Resources
Several large investors have recently bought and sold shares of the company. Synergy Asset Management LLC boosted its position in Teck Resources by 77.7% in the 4th quarter. Synergy Asset Management LLC now owns 16,892 shares of the basic materials company’s stock valued at $685,000 after buying an additional 7,387 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in Teck Resources during the 3rd quarter valued at $1,937,000. FNY Investment Advisers LLC grew its holdings in Teck Resources by 709.5% during the 4th quarter. FNY Investment Advisers LLC now owns 17,000 shares of the basic materials company’s stock worth $689,000 after acquiring an additional 14,900 shares in the last quarter. Douglas Lane & Associates LLC grew its holdings in Teck Resources by 10.6% during the 4th quarter. Douglas Lane & Associates LLC now owns 950,612 shares of the basic materials company’s stock worth $38,528,000 after acquiring an additional 91,370 shares in the last quarter. Finally, State Street Corp bought a new stake in shares of Teck Resources in the 3rd quarter worth about $2,500,000. Institutional investors and hedge funds own 78.06% of the company’s stock.
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.
Read More
- Five stocks we like better than Teck Resources
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- United Airlines Is in Reversal—If the Economy Doesn’t Stall
- Stock Dividend Cuts Happen Are You Ready?
- Morgan Stanley: 3 Financial Stocks That Will Thrive in Volatility
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Spotify Stock Climbs as Its Growth Strategy Diversifies
Receive News & Ratings for Teck Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teck Resources and related companies with MarketBeat.com's FREE daily email newsletter.