Q3 EPS Estimates for Teck Resources Boosted by Stifel Canada

Teck Resources Ltd (NYSE:TECK - Free Report) TSE: TECK - Equities research analysts at Stifel Canada raised their Q3 2025 earnings per share estimates for Teck Resources in a report issued on Tuesday, July 22nd. Stifel Canada analyst R. Profiti now expects that the basic materials company will post earnings per share of $0.29 for the quarter, up from their previous estimate of $0.19. Stifel Canada currently has a "Hold" rating on the stock. The consensus estimate for Teck Resources' current full-year earnings is $1.53 per share. Stifel Canada also issued estimates for Teck Resources' Q4 2025 earnings at $0.44 EPS, FY2025 earnings at $1.31 EPS and FY2026 earnings at $1.53 EPS.

TECK has been the topic of a number of other research reports. Morgan Stanley lowered Teck Resources from an "overweight" rating to an "equal weight" rating and upped their target price for the company from $42.00 to $44.00 in a research report on Tuesday, July 15th. National Bankshares upgraded Teck Resources from a "sector perform" rating to an "outperform" rating in a research report on Thursday, April 24th. Royal Bank Of Canada dropped their price target on Teck Resources from $82.00 to $67.00 and set an "outperform" rating for the company in a research report on Friday. Veritas upgraded Teck Resources to a "hold" rating in a report on Friday, April 11th. Finally, UBS Group reaffirmed a "neutral" rating on shares of Teck Resources in a research note on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $60.89.

Teck Resources Stock Down 6.1%

TECK traded down $2.13 on Friday, hitting $33.00. The company had a trading volume of 12,487,636 shares, compared to its average volume of 4,345,001. Teck Resources has a 12-month low of $28.32 and a 12-month high of $54.13. The stock has a market capitalization of $15.94 billion, a price-to-earnings ratio of 86.83, a P/E/G ratio of 0.56 and a beta of 0.80. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.57 and a current ratio of 3.36. The stock has a fifty day moving average price of $38.23 and a 200-day moving average price of $38.63.

Teck Resources (NYSE:TECK - Get Free Report) TSE: TECK last announced its quarterly earnings results on Thursday, July 24th. The basic materials company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.20 by $0.07. Teck Resources had a return on equity of 3.87% and a net margin of 2.51%. The firm had revenue of $1.49 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter last year, the firm posted $0.79 earnings per share. The business's revenue for the quarter was up 12.3% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its position in Teck Resources by 69.2% during the 1st quarter. Smartleaf Asset Management LLC now owns 856 shares of the basic materials company's stock worth $32,000 after acquiring an additional 350 shares during the period. Costello Asset Management INC purchased a new position in Teck Resources during the first quarter worth $33,000. Banque Cantonale Vaudoise purchased a new stake in shares of Teck Resources in the first quarter valued at $36,000. Golden State Wealth Management LLC grew its position in shares of Teck Resources by 7,560.0% in the first quarter. Golden State Wealth Management LLC now owns 1,149 shares of the basic materials company's stock valued at $42,000 after purchasing an additional 1,134 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in Teck Resources during the second quarter valued at about $49,000. Hedge funds and other institutional investors own 78.06% of the company's stock.

Teck Resources Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 15th will be paid a dividend of $0.0918 per share. This represents a $0.37 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend is Monday, September 15th. This is an increase from Teck Resources's previous quarterly dividend of $0.09. Teck Resources's dividend payout ratio (DPR) is currently 62.07%.

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.