Zacks Research Predicts Weaker Earnings for Teck Resources

Key Points

• Teck Resources' Q3 2025 earnings per share (EPS) estimates have been lowered from $0.36 to $0.32 by Zacks Research, with a full-year consensus of $1.53 EPS for 2025.
• Multiple brokerages have adjusted their ratings for Teck Resources, with Benchmark lowering the target price from $55.00 to $48.00 while still maintaining a "buy" rating.
• Teck Resources recently announced an increase in its quarterly dividend to $0.0918 per share, reflecting a positive change from the previous dividend of $0.09.

Teck Resources Ltd (NYSE:TECK - Free Report) TSE: TECK - Research analysts at Zacks Research cut their Q3 2025 EPS estimates for shares of Teck Resources in a note issued to investors on Tuesday, September 2nd. Zacks Research analyst Team now anticipates that the basic materials company will post earnings of $0.32 per share for the quarter, down from their prior forecast of $0.36. The consensus estimate for Teck Resources' current full-year earnings is $1.53 per share. Zacks Research also issued estimates for Teck Resources' Q4 2025 earnings at $0.28 EPS, Q2 2026 earnings at $0.33 EPS, Q3 2026 earnings at $0.54 EPS, Q4 2026 earnings at $0.56 EPS, FY2026 earnings at $1.80 EPS, Q1 2027 earnings at $0.12 EPS and Q2 2027 earnings at $0.23 EPS.

Several other brokerages have also recently commented on TECK. 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. Desjardins cut shares of Teck Resources from a "buy" rating to a "hold" rating in a research report on Friday, July 18th. Cibc World Mkts cut shares of Teck Resources from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 25th. Stifel Nicolaus began coverage on shares of Teck Resources in a research report on Wednesday, July 9th. They issued a "hold" rating for the company. Finally, B. Riley cut shares of Teck Resources from a "buy" rating to a "neutral" rating in a research report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Teck Resources has a consensus rating of "Moderate Buy" and a consensus target price of $57.88.

Teck Resources Stock Performance

NYSE TECK opened at $33.74 on Thursday. The firm has a 50-day moving average price of $35.43 and a two-hundred day moving average price of $36.72. The company has a market capitalization of $16.30 billion, a P/E ratio of 88.78, a P/E/G ratio of 0.53 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 has a 12-month low of $28.32 and a 12-month high of $54.13.

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, beating analysts' consensus estimates of $0.20 by $0.07. The firm had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $2.25 billion. Teck Resources had a net margin of 2.51% and a return on equity of 3.91%. The business's revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.79 EPS.

Hedge Funds Weigh In On Teck Resources

A number of institutional investors have recently added to or reduced their stakes in TECK. Vanguard Group Inc. increased its position in Teck Resources by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 19,531,542 shares of the basic materials company's stock valued at $711,475,000 after acquiring an additional 215,410 shares during the period. Principal Financial Group Inc. increased its position in Teck Resources by 56.9% in the 1st quarter. Principal Financial Group Inc. now owns 11,530,742 shares of the basic materials company's stock valued at $419,970,000 after acquiring an additional 4,180,623 shares during the period. Norges Bank acquired a new position in Teck Resources in the 2nd quarter valued at approximately $437,657,000. Boston Partners increased its position in Teck Resources by 1.2% in the 2nd quarter. Boston Partners now owns 9,365,206 shares of the basic materials company's stock valued at $378,167,000 after acquiring an additional 113,431 shares during the period. Finally, Mackenzie Financial Corp increased its position in Teck Resources by 32.7% in the 2nd quarter. Mackenzie Financial Corp now owns 7,989,715 shares of the basic materials company's stock valued at $323,311,000 after acquiring an additional 1,969,286 shares during the period. 78.06% of the stock is currently 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 given a dividend of $0.0918 per share. The ex-dividend date is Monday, September 15th. This represents a $0.37 dividend on an annualized basis and a yield of 1.1%. This is a positive change from Teck Resources's previous quarterly dividend of $0.09. 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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