Teck Resources Ltd (NYSE:TECK) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Teck Resources has an average broker recommendation of Hold from 19 analysts (13 hold, 5 buy, 1 strong buy) with an average 12‑month price target of $59.67.
• Q1 results beat expectations — Teck reported EPS of $0.98 versus $0.59 consensus and revenue rose 9.8% year‑over‑year to $2.23 billion, prompting upward analyst estimate revisions.
• The board declared a quarterly dividend of $0.125 per share (annualized $0.50, ~0.8% yield), with record date June 15 and payment on June 30.

Teck Resources Ltd (NYSE:TECK - Get Free Report) TSE: TECK has been given an average recommendation of "Hold" by the nineteen research firms that are presently covering the firm, Marketbeat.com reports. Thirteen research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $59.6667.

Several research analysts recently issued reports on the stock. Benchmark upped their price target on shares of Teck Resources from $48.00 to $67.00 and gave the stock a "buy" rating in a research report on Monday, February 23rd. Truist Financial set a $67.00 price target on shares of Teck Resources in a research report on Monday, February 23rd. UBS Group reiterated a "buy" rating on shares of Teck Resources in a research report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $62.00 price target on shares of Teck Resources in a research report on Wednesday, April 15th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Teck Resources in a research report on Wednesday, January 21st.

Teck Resources Stock Down 1.1%

TECK opened at $60.11 on Friday. The firm's 50-day simple moving average is $54.59 and its 200-day simple moving average is $49.49. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.91 and a current ratio of 2.54. Teck Resources has a twelve month low of $30.98 and a twelve month high of $63.26. The firm has a market cap of $28.97 billion, a price-to-earnings ratio of 22.02, a PEG ratio of 3.15 and a beta of 0.85.

Teck Resources (NYSE:TECK - Get Free Report) TSE: TECK last issued its quarterly earnings results on Thursday, February 19th. The basic materials company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.39. The business had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.28 billion. Teck Resources had a net margin of 14.91% and a return on equity of 8.08%. The firm's quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.45 EPS. Equities research analysts anticipate that Teck Resources will post 2.59 EPS for the current fiscal year.

Teck Resources Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.125 per share. The ex-dividend date is Monday, June 15th. This represents a $0.50 annualized dividend and a yield of 0.8%. Teck Resources's dividend payout ratio is 18.32%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TECK. Brown Brothers Harriman & Co. bought a new stake in Teck Resources during the 4th quarter worth about $25,000. Versant Capital Management Inc bought a new stake in Teck Resources during the 3rd quarter worth about $26,000. Blue Trust Inc. raised its holdings in Teck Resources by 411.8% during the 1st quarter. Blue Trust Inc. now owns 563 shares of the basic materials company's stock worth $29,000 after purchasing an additional 453 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in Teck Resources by 72.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 836 shares of the basic materials company's stock worth $37,000 after purchasing an additional 351 shares during the last quarter. Finally, SouthState Bank Corp bought a new stake in Teck Resources during the 3rd quarter worth about $50,000. Institutional investors and hedge funds own 78.06% of the company's stock.

Teck Resources News Roundup

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

• Positive Sentiment: Q1 earnings materially beat expectations — Teck reported sharply higher EPS (around $1.25–$1.28) and strong revenue growth driven by record copper sales and higher volumes, which boosted near-term earnings visibility and underpins commodity-linked upside. Read More.
• Positive Sentiment: Analysts lifting estimates — Several outlets report upward EPS estimate revisions after the quarter, improving FY26 outlook and supporting valuation multiple expansion. Read More.
• Positive Sentiment: Board declared a quarterly dividend of $0.125/sh (record June 15, payable June 30), a modest yield that signals cash-return discipline and may support shareholder demand. Read More.
• Positive Sentiment: Index-support risk reduced — S&P is reportedly considering a rule change to keep Teck in Canadian benchmarks after the Anglo merger, which would preserve passive-fund demand for the stock. Read More.
• Neutral Sentiment: Corporate governance update — Teck published voting results from its annual meeting (routine disclosure; no major governance surprises). Read More.
• Neutral Sentiment: Full earnings materials and call transcript available — Management slides and the earnings-call transcript were released for deeper investor review of production, guidance and unit costs. Read More.
• Negative Sentiment: Zacks downgraded TECK from "strong-buy" to "hold," which could reduce buy-side momentum from that research channel. Read More.
• Negative Sentiment: Cost risk from Middle East conflict — Management warned of rising fuel costs for Chile operations due to energy/supply-chain shocks, a potential margin headwind if sustained. Read More.

About Teck Resources

Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects.

The company's operations and projects are located across multiple geographies, with a significant presence in western Canada and North America and additional exploration and development activities in Latin America.

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