Teck Resources Q1 EPS Estimate Boosted by Paradigm Capital

Key Points

• Teck Resources has seen its Q1 2026 earnings per share estimate raised from $0.46 to $0.47 by Paradigm Capital, aligning with an overall projection of $1.53 EPS for the current fiscal year.
• The company recently increased its quarterly dividend from $0.09 to $0.0918 per share, translating to an annualized yield of 0.8%.
• Teck Resources reported Q2 earnings of $0.27 per share, exceeding the consensus estimate of $0.20, while achieving revenue of $1.49 billion, up 12.3% year-over-year.

Teck Resources Ltd (NYSE:TECK - Free Report) TSE: TECK - Research analysts at Paradigm Capital raised their Q1 2026 earnings per share estimates for shares of Teck Resources in a research report issued on Thursday, October 16th. Paradigm Capital analyst G. Lawson now expects that the basic materials company will earn $0.47 per share for the quarter, up from their previous estimate of $0.46. The consensus estimate for Teck Resources' current full-year earnings is $1.53 per share. Paradigm Capital also issued estimates for Teck Resources' Q3 2026 earnings at $0.86 EPS, Q4 2026 earnings at $0.63 EPS and FY2026 earnings at $2.36 EPS.

Teck Resources (NYSE:TECK - Get Free Report) TSE: TECK last posted its quarterly earnings data on Thursday, July 24th. The basic materials company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the prior year, the business earned $0.79 EPS. The business's revenue for the quarter was up 12.3% compared to the same quarter last year.

Several other research analysts also recently issued reports on the company. Wall Street Zen raised Teck Resources from a "sell" rating to a "hold" rating in a report on Saturday, July 26th. Scotiabank reiterated an "outperform" rating on shares of Teck Resources in a research report on Wednesday, September 10th. Royal Bank Of Canada dropped their target price on shares of Teck Resources from $82.00 to $67.00 and set an "outperform" rating for the company in a research report on Friday, July 25th. Morgan Stanley cut shares of 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. Finally, Benchmark dropped their target price on shares of Teck Resources from $55.00 to $48.00 and set a "buy" rating for the company in a research report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $54.00.

Teck Resources Stock Down 2.1%

NYSE:TECK opened at $43.38 on Monday. The stock's fifty day moving average price is $38.15 and its two-hundred day moving average price is $36.83. Teck Resources has a 52-week low of $28.32 and a 52-week high of $51.48. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.45 and a current ratio of 3.47. The company has a market cap of $20.84 billion, a price-to-earnings ratio of 114.15, a P/E/G ratio of 0.63 and a beta of 0.92.

Hedge Funds Weigh In On Teck Resources

A number of large investors have recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA raised its holdings in shares of Teck Resources by 4.3% during the second quarter. Union Bancaire Privee UBP SA now owns 6,402 shares of the basic materials company's stock valued at $259,000 after purchasing an additional 264 shares during the period. Stephens Inc. AR increased its position in shares of Teck Resources by 4.8% during the second quarter. Stephens Inc. AR now owns 7,189 shares of the basic materials company's stock worth $290,000 after acquiring an additional 329 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of Teck Resources by 69.2% during the first 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 in the last quarter. CWM LLC increased its position in shares of Teck Resources by 22.7% during the third quarter. CWM LLC now owns 2,078 shares of the basic materials company's stock worth $91,000 after acquiring an additional 384 shares in the last quarter. Finally, Vontobel Holding Ltd. increased its position in shares of Teck Resources by 0.5% during the first quarter. Vontobel Holding Ltd. now owns 88,303 shares of the basic materials company's stock worth $3,217,000 after acquiring an additional 400 shares in the last quarter. Institutional investors own 78.06% of the company's stock.

Teck Resources Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were issued a dividend of $0.0918 per share. This is a boost from Teck Resources's previous quarterly dividend of $0.09. The ex-dividend date was Monday, September 15th. This represents a $0.37 dividend on an annualized basis and a yield of 0.8%. Teck Resources's dividend 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.

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