Stifel Canada Forecasts Weaker Earnings for Teck Resources

Key Points

• Stifel Canada has reduced its Q3 2025 earnings estimates for Teck Resources from $0.37 to $0.32 per share, maintaining a "Hold" rating on the stock.
• Teck Resources recently increased its quarterly dividend to $0.0918 per share, reflecting a slight uptick from the previous $0.09, indicating a commitment to returning value to shareholders.
• The stock currently holds a consensus rating of "Moderate Buy" with an average price target of $56.88, with various analysts having differing views on its potential.

Teck Resources Ltd (NYSE:TECK - Free Report) TSE: TECK - Research analysts at Stifel Canada dropped their Q3 2025 earnings per share (EPS) estimates for shares of Teck Resources in a research note issued to investors on Tuesday, September 9th. Stifel Canada analyst R. Profiti now expects that the basic materials company will post earnings per share of $0.32 for the quarter, down from their prior forecast of $0.37. Stifel Canada 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 $0.50 EPS and FY2025 earnings at $1.51 EPS.

A number of other research firms have also recently weighed in on TECK. 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 report on Friday, July 25th. Stifel Nicolaus initiated coverage on Teck Resources in a research note on Wednesday, July 9th. They issued a "hold" rating for the company. B. Riley cut Teck Resources from a "buy" rating to a "neutral" rating in a research note on Monday, July 28th. Cibc World Mkts cut Teck Resources from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 25th. Finally, Benchmark lowered their target price on Teck Resources from $55.00 to $48.00 and set a "buy" rating for the company in a research note on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $56.88.

Teck Resources Price Performance

TECK stock traded up $0.25 during midday trading on Friday, reaching $41.91. 6,614,480 shares of the company's stock traded hands, compared to its average volume of 6,798,962. The company has a 50-day simple moving average of $35.00 and a two-hundred day simple moving average of $36.46. Teck Resources has a 1-year low of $28.32 and a 1-year high of $54.13. The company has a market cap of $20.13 billion, a price-to-earnings ratio of 110.29, a PEG ratio of 0.62 and a beta of 0.78. The company has a quick ratio of 2.45, a current ratio of 3.47 and a debt-to-equity ratio of 0.15.

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

Institutional Investors Weigh In On Teck Resources

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Teck Resources by 1.1% during the first quarter. Vanguard Group Inc. now owns 19,531,542 shares of the basic materials company's stock worth $711,475,000 after purchasing an additional 215,410 shares during the period. Principal Financial Group Inc. grew its stake in shares of Teck Resources by 56.9% during the first quarter. Principal Financial Group Inc. now owns 11,530,742 shares of the basic materials company's stock worth $419,970,000 after purchasing an additional 4,180,623 shares during the period. Norges Bank acquired a new stake in shares of Teck Resources during the second quarter worth $437,657,000. Boston Partners grew its stake in shares of Teck Resources by 1.2% during the second quarter. Boston Partners now owns 9,365,206 shares of the basic materials company's stock worth $378,167,000 after purchasing an additional 113,431 shares during the period. Finally, Mackenzie Financial Corp grew its stake in shares of Teck Resources by 32.7% during the second quarter. Mackenzie Financial Corp now owns 7,989,715 shares of the basic materials company's stock worth $323,311,000 after purchasing an additional 1,969,286 shares during the period. 78.06% of the stock is owned by institutional investors and hedge funds.

Teck Resources Increases Dividend

The business also recently disclosed 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 dividend yield of 0.9%. This is a boost from Teck Resources's previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Monday, September 15th. Teck Resources's payout ratio is presently 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.