FY2025 EPS Estimates for Teck Resources Cut by Analyst

Key Points

• Analysts at Raymond James Financial have lowered their FY2025 EPS estimate for Teck Resources to $1.41, down from $1.42, while the current consensus estimate stands at $1.53 per share.
• Teck Resources recently declared an increased quarterly dividend of $0.0918 per share, marking an annualized dividend yield of 0.9%.
• The company's latest quarterly earnings exceeded expectations, reporting $0.27 EPS compared to a consensus estimate of $0.20, despite revenue coming in at $1.49 billion against an expectation of $2.25 billion.

Teck Resources Ltd (NYSE:TECK - Free Report) TSE: TECK - Research analysts at Raymond James Financial cut their FY2025 EPS estimates for Teck Resources in a note issued to investors on Tuesday, September 9th. Raymond James Financial analyst B. Macarthur now forecasts that the basic materials company will post earnings of $1.41 per share for the year, down from their prior forecast of $1.42. The consensus estimate for Teck Resources' current full-year earnings is $1.53 per share. Raymond James Financial also issued estimates for Teck Resources' Q1 2026 earnings at $0.37 EPS, Q2 2026 earnings at $0.38 EPS, Q3 2026 earnings at $0.39 EPS and FY2026 earnings at $1.53 EPS.

Teck Resources (NYSE:TECK - Get Free Report) TSE: TECK last issued its quarterly earnings results on Thursday, July 24th. The basic materials company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.20 by $0.07. Teck Resources had a net margin of 2.51% and a return on equity of 3.91%. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the prior year, the business posted $0.79 earnings per share. Teck Resources's revenue for the quarter was up 12.3% compared to the same quarter last year.

Several other brokerages have also commented on TECK. Stifel Nicolaus initiated coverage on shares of Teck Resources in a research report on Wednesday, July 9th. They set a "hold" rating for the company. Morgan Stanley downgraded shares of Teck Resources from an "overweight" rating to an "equal weight" rating and boosted their price objective for the stock from $42.00 to $44.00 in a research note on Tuesday, July 15th. Deutsche Bank Aktiengesellschaft upgraded shares of Teck Resources from a "hold" rating to a "buy" rating and set a $42.00 price objective for the company in a research note on Monday, September 8th. Royal Bank Of Canada decreased their price objective on shares of Teck Resources from $82.00 to $67.00 and set an "outperform" rating for the company in a research note on Friday, July 25th. Finally, UBS Group upgraded shares of Teck Resources from a "neutral" rating to a "buy" rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Teck Resources presently has a consensus rating of "Moderate Buy" and a consensus price target of $56.88.

Teck Resources Trading Up 0.6%

TECK stock traded up $0.25 on Thursday, hitting $41.91. 6,614,480 shares of the company were exchanged, compared to its average volume of 6,565,766. Teck Resources has a twelve month low of $28.32 and a twelve month high of $54.13. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.47 and a quick ratio of 2.45. The business's fifty day moving average is $35.00 and its two-hundred day moving average is $36.48. The stock has a market capitalization of $20.13 billion, a price-to-earnings ratio of 110.29, a price-to-earnings-growth ratio of 0.62 and a beta of 0.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TECK. Smartleaf Asset Management LLC boosted its stake in shares of Teck Resources by 69.2% in the first quarter. Smartleaf Asset Management LLC now owns 856 shares of the basic materials company's stock valued at $32,000 after purchasing an additional 350 shares during the period. Costello Asset Management INC acquired a new stake in shares of Teck Resources in the 1st quarter valued at about $33,000. Banque Cantonale Vaudoise bought a new position in shares of Teck Resources during the first quarter worth about $36,000. Golden State Wealth Management LLC lifted its position in shares of Teck Resources by 7,560.0% during the first quarter. Golden State Wealth Management LLC now owns 1,149 shares of the basic materials company's stock worth $42,000 after purchasing an additional 1,134 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Teck Resources during the second quarter worth about $49,000. 78.06% of the stock is currently owned by hedge funds and other institutional investors.

Teck Resources Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 15th will be paid a $0.0918 dividend. This represents a $0.37 annualized dividend and a dividend yield of 0.9%. This is a boost from Teck Resources's previous quarterly dividend of $0.09. The ex-dividend date is Monday, September 15th. Teck Resources's payout ratio is currently 94.74%.

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.