Brokers Issue Forecasts for Teck Resources Q1 Earnings

Teck Resources Ltd (NYSE:TECK - Free Report) TSE: TECK - Analysts at Raymond James Financial issued their Q1 2026 EPS estimates for Teck Resources in a research report issued to clients and investors on Thursday, June 26th. Raymond James Financial analyst B. Macarthur anticipates that the basic materials company will post earnings per share of $0.34 for the quarter. The consensus estimate for Teck Resources' current full-year earnings is $1.53 per share. Raymond James Financial also issued estimates for Teck Resources' Q2 2026 earnings at $0.38 EPS, Q3 2026 earnings at $0.44 EPS, Q4 2026 earnings at $0.37 EPS and FY2026 earnings at $1.53 EPS.

Teck Resources (NYSE:TECK - Get Free Report) TSE: TECK last announced its quarterly earnings results on Thursday, April 24th. The basic materials company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.18. Teck Resources had a return on equity of 4.53% and a net margin of 3.48%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same quarter last year, the firm posted $0.75 earnings per share. The firm's revenue was up 41.4% on a year-over-year basis.

Several other equities analysts have also commented on TECK. National Bank Financial raised Teck Resources from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 24th. JPMorgan Chase & Co. lowered their price target on Teck Resources from $50.00 to $41.00 and set an "overweight" rating for the company in a research report on Thursday, April 10th. National Bankshares upgraded Teck Resources from a "sector perform" rating to an "outperform" rating in a report on Thursday, April 24th. Desjardins began coverage on Teck Resources in a research note on Friday, April 4th. They set a "buy" rating for the company. Finally, UBS Group restated a "neutral" rating on shares of Teck Resources in a research note on Tuesday, April 15th. Six equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Teck Resources presently has an average rating of "Moderate Buy" and a consensus target price of $64.63.

Teck Resources Stock Performance

Shares of TECK stock opened at $40.54 on Monday. The stock has a fifty day moving average of $36.87 and a 200 day moving average of $38.90. Teck Resources has a 52 week low of $28.32 and a 52 week high of $54.13. The firm has a market capitalization of $19.70 billion, a price-to-earnings ratio of 69.90, a PEG ratio of 0.60 and a beta of 0.79. The company has a quick ratio of 2.57, a current ratio of 3.36 and a debt-to-equity ratio of 0.15.

Teck Resources Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $0.0901 dividend. The ex-dividend date of this dividend is Monday, June 16th. This is a boost from Teck Resources's previous quarterly dividend of $0.09. This represents a $0.36 dividend on an annualized basis and a yield of 0.89%. Teck Resources's payout ratio is currently 62.07%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Community Bank N.A. purchased a new stake in shares of Teck Resources in the fourth quarter valued at $33,000. Smartleaf Asset Management LLC increased its stake in Teck Resources by 69.2% in the 1st quarter. Smartleaf Asset Management LLC now owns 856 shares of the basic materials company's stock worth $32,000 after buying an additional 350 shares during the period. Costello Asset Management INC purchased a new position in Teck Resources in the 1st quarter worth about $33,000. Banque Cantonale Vaudoise purchased a new position in Teck Resources in the 1st quarter worth about $36,000. Finally, Golden State Wealth Management LLC increased its stake in Teck Resources by 7,560.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,149 shares of the basic materials company's stock worth $42,000 after buying an additional 1,134 shares during the period. 78.06% of the stock is owned by hedge funds and other institutional investors.

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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