Zacks Research Lifts Earnings Estimates for Teck Resources

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Equities researchers at Zacks Research raised their Q3 2026 EPS estimates for shares of Teck Resources in a research note issued to investors on Friday, September 25th. Zacks Research analyst Team now forecasts that the basic materials company will earn $0.64 per share for the quarter, up from their previous forecast of $0.51. The consensus estimate for Teck Resources’ current full-year earnings is $4.07 per share. Zacks Research also issued estimates for Teck Resources’ Q4 2026 earnings at $0.49 EPS and Q4 2027 earnings at $0.49 EPS.

TECK has been the topic of a number of other reports. Weiss Ratings raised Teck Resources from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 4th. JPMorgan Chase & Co. boosted their price target on Teck Resources from $46.00 to $47.00 and gave the company a “neutral” rating in a report on Tuesday, July 28th. Veritas cut Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Wall Street Zen downgraded Teck Resources from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 26th. Finally, Raymond James Financial raised Teck Resources from a “market perform” rating to an “outperform” rating in a research report on Thursday, July 23rd. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Teck Resources presently has an average rating of “Hold” and a consensus price target of $62.25.

Teck Resources Trading Down 0.6%

Shares of Teck Resources stock opened at $64.78 on Tuesday. Teck Resources has a 1-year low of $38.00 and a 1-year high of $72.56. The company’s fifty day simple moving average is $65.67 and its 200-day simple moving average is $61.18. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 2.33. The stock has a market capitalization of $31.29 billion, a PE ratio of 17.56, a P/E/G ratio of 2.00 and a beta of 0.94.

Teck Resources (NYSE:TECK) (TSE:TECK) last announced its earnings results on Thursday, July 23rd. The basic materials company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.40. Teck Resources had a net margin of 17.85% and a return on equity of 10.42%. The business had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.38 billion. During the same period in the prior year, the company earned $0.38 earnings per share. The firm’s revenue was up 78.2% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. HBK Investments L P increased its stake in Teck Resources by 264.2% in the 2nd quarter. HBK Investments L P now owns 5,773,121 shares of the basic materials company’s stock worth $343,270,000 after buying an additional 4,188,029 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Teck Resources by 13.2% in the second quarter. Sequoia Financial Advisors LLC now owns 16,451 shares of the basic materials company’s stock valued at $978,000 after acquiring an additional 1,920 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of Teck Resources by 9.0% in the second quarter. Tidal Investments LLC now owns 166,945 shares of the basic materials company’s stock worth $9,789,000 after acquiring an additional 13,811 shares during the period. RFG Advisory LLC bought a new position in shares of Teck Resources in the second quarter worth about $207,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of Teck Resources during the second quarter worth about $7,952,000. Institutional investors own 78.06% of the company’s stock.

Teck Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th were given a dividend of C$0.12 per share. This represents a $0.50 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, September 15th. Teck Resources’s dividend payout ratio (DPR) is presently 9.76%.

Key Stories Impacting Teck Resources

Here are the key news stories impacting Teck Resources this week:

• Positive Sentiment: Analysts raised earnings forecasts: Zacks Research increased its Q3 2026 EPS estimate to $0.64 from $0.51 and its Q4 2026 estimate to $0.49 from $0.33. It also lifted its Q4 2027 forecast to $0.49 from $0.43. The current full-year consensus estimate is $4.07 per share. Higher projections suggest analysts see stronger near-term operating performance. FY2026 EPS Forecast for Teck Resources Increased by Analyst
• Positive Sentiment: Teck is being highlighted as a growth stock: A Zacks analysis identified Teck Resources as a top-ranked growth stock, which may attract investors seeking exposure to improving earnings and the mining sector. Teck Resources Is a Top-Ranked Growth Stock
• Neutral Sentiment: Upcoming Q3 results remain a focus: Broker expectations for Teck’s third-quarter earnings are being reviewed ahead of the report. The revised $0.64 EPS estimate provides a benchmark investors may use to judge whether results and guidance support the recent optimism. Brokers Set Expectations for Teck Resources Q3 Earnings
• Neutral Sentiment: Value comparison with BHP: A separate analysis compares TECK with BHP as a potential value investment. The article may influence investor positioning, but it does not represent a new change in Teck’s operations or financial outlook. TECK or BHP: Which Is the Better Value Stock Right Now?

About Teck Resources

Teck Resources Limited is a Canadian mining and metals company headquartered in Vancouver, British Columbia. The company focuses primarily on the exploration, development and production of copper and zinc, which are used in construction, infrastructure, manufacturing and the global energy transition.

Teck’s copper operations include the Highland Valley Copper mine in British Columbia, the Carmen de Andacollo mine in Chile and the Quebrada Blanca operation in northern Chile. Its zinc business includes the Red Dog mine in Alaska, one of the world’s significant zinc-producing operations.