Top-Rated StocksTop-Rated Teck Resources (TECK) Stock Price, News & Analysis $37.85 -0.88 (-2.27%) (As of 04:10 PM ET) Add Compare Share Share Today's Range$37.47▼$38.2150-Day Range$34.45▼$41.5952-Week Range$32.48▼$49.34Volume2.92 million shsAverage Volume4.05 million shsMarket Capitalization$19.39 billionP/E Ratio12.05Dividend Yield0.98%Price Target$41.77 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Teck Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside10.4% Upside$41.77 Price TargetShort InterestHealthy2.42% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-9.56Upright™ Environmental ScoreNews Sentiment0.16Based on 17 Articles This WeekInsider TradingN/AProj. Earnings Growth14.78%From $3.79 to $4.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.43 out of 5 starsBasic Materials Sector95th out of 169 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry9th out of 18 stocks 3.4 Analyst's Opinion Consensus RatingTeck Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.77, Teck Resources has a forecasted upside of 10.4% from its current price of $37.85.Amount of Analyst CoverageTeck Resources has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.42% of the float of Teck Resources has been sold short.Short Interest Ratio / Days to CoverTeck Resources has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Teck Resources has recently increased by 0.49%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldTeck Resources has a dividend yield of 0.96%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTeck Resources has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Teck Resources is 11.78%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Teck Resources will have a dividend payout ratio of 8.51% next year. This indicates that Teck Resources will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTeck Resources has received a -246.28% net impact score from Upright. The largest negative impact of Teck Resources in category "GHG emissions" seems to be driven mostly by its "Coke (from coal)", "Zinc", and "Copper" products. See details.Environmental SustainabilityThe Environmental Impact score for Teck Resources is -9.56. Previous Next 2.3 News and Social Media Coverage News SentimentTeck Resources has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Teck Resources this week, compared to 8 articles on an average week.Search InterestOnly 10 people have searched for TECK on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat Follows7 people have added Teck Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Teck Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.14% of the stock of Teck Resources is held by insiders.Percentage Held by Institutions59.23% of the stock of Teck Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Teck Resources are expected to grow by 14.78% in the coming year, from $3.79 to $4.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Teck Resources is 12.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Teck Resources is 12.05, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 82.40.Price to Earnings Growth RatioTeck Resources has a PEG Ratio of 4.94. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTeck Resources has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Teck Resources Stock (NYSE:TECK)Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, and Energy segments. The company's principal products include copper, zinc, steelmaking coal, and blended bitumen. It also produces lead, silver, and molybdenum; and various specialty and other metals, chemicals, and fertilizers. In addition, the company explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is headquartered in Vancouver, Canada.Read More TECK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TECK Stock News HeadlinesDecember 11, 2023 | americanbankingnews.comTeck Resources (NYSE:TECK) Now Covered by Analysts at StockNews.comDecember 9, 2023 | oilprice.comThe World’s Second-Biggest Coal Company Is Looking to Exit the IndustryDecember 11, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.December 8, 2023 | msn.comTeck, Arras partner to explore Kazakh critical mineralsDecember 8, 2023 | ca.style.yahoo.comAnglo American plans $1.8 billion spending cuts to arrest downturnDecember 8, 2023 | juniorminingnetwork.comMajor Canadian Mining Company Joins Forces with Arras Minerals to Target Critical Minerals in KazakhstanDecember 8, 2023 | americanbankingnews.comTeck Resources (NYSE:TECK) Price Target Lowered to $45.00 at Morgan StanleyDecember 7, 2023 | finanznachrichten.deTeck Resources Ltd: Teck and Oldendorff Carriers Announce Agreement to Outfit Bulk Carrier with Rotor Sails to Reduce EmissionsDecember 11, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 7, 2023 | finanznachrichten.deArras Minerals Corp.: Arras Minerals Announces Strategic Alliance With Major Canadian Mining Company to Focus on Critical Minerals in KazakhstanDecember 7, 2023 | finance.yahoo.comArras Minerals Announces Strategic Alliance With Major Canadian Mining Company to Focus on Critical Minerals in KazakhstanDecember 7, 2023 | finance.yahoo.comTeck and Oldendorff Carriers Announce Agreement to Outfit Bulk Carrier with Rotor Sails to Reduce EmissionsDecember 3, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Teck Resources (NYSE:TECK)December 2, 2023 | americanbankingnews.comTeck Resources Limited (NYSE:TECK) Receives Average Rating of "Moderate Buy" from BrokeragesNovember 23, 2023 | finance.yahoo.comInvestors in Teck Resources (TSE:TECK.B) have seen solid returns of 157% over the past three yearsNovember 15, 2023 | msn.comGlencore to buy coal arm of Canadian rival Teck Resources in £5.6bn dealNovember 15, 2023 | finance.yahoo.comTeck Resources Limited: Teck to Primarily Be a Copper Miner After Selling Its Metallurgical Coal BusinessNovember 15, 2023 | msn.comCanada likely to approve Glencore-Teck deal despite foreign investment scrutinyNovember 14, 2023 | msn.comFACTBOX-Glencore's $9 bln bet on coking coal's role in green transitionNovember 14, 2023 | finance.yahoo.comAmazon's Sharp Portfolio Reduction Headlines Caxton Associates' Q3 MovesNovember 14, 2023 | msn.comGlencore strikes $9 billion deal to buy 77% stake in Teck Resources’ coal businessNovember 14, 2023 | finance.yahoo.comCanada likely to greenlight Glencore-Teck deal despite greater scrutiny of foreign investmentsNovember 14, 2023 | finance.yahoo.comCanada to ‘Carefully’ Review Glencore Deal for Teck Coal MinesNovember 14, 2023 | finance.yahoo.comUPDATE 1-Canada likely to greenlight Glencore-Teck deal despite greater scrutiny of foreign investmentsNovember 14, 2023 | seekingalpha.comTeck Resources: $10 Billion Windfall, My Bullish OutlookNovember 14, 2023 | marketwatch.comGlencore Buys Majority Stake in Teck Resources' Coal Unit for $6.93 Bln -- UpdateNovember 14, 2023 | za.investing.comTeck gains after selling coal business to Glencore for $9 billion, ending sagaSee More Headlines Receive TECK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Teck Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/29 Dividend9/14/2023Dividend Payable9/29/2023Last Earnings10/24/2023Today12/11/2023Ex-Dividend for 12/29 Dividend12/14/2023Dividend Payable12/29/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/20/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:TECK CUSIPN/A CIK886986 Webwww.teck.com Phone(604) 699-4000Fax604-699-4750Employees12,100Year Founded1906Price Target and Rating Average Stock Price Target$41.77 High Stock Price Target$63.00 Low Stock Price Target$32.00 Potential Upside/Downside+9.8%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$3.14 Trailing P/E Ratio12.11 Forward P/E Ratio10.04 P/E Growth4.94Net Income$2.55 billion Net Margins15.78% Pretax Margin33.58% Return on Equity9.11% Return on Assets4.68% Debt Debt-to-Equity Ratio0.22 Current Ratio1.20 Quick Ratio0.68 Sales & Book Value Annual Sales$13.32 billion Price / Sales1.46 Cash Flow$9.78 per share Price / Cash Flow3.89 Book Value$40.31 per share Price / Book0.94Miscellaneous Outstanding Shares512,320,000Free Float511,600,000Market Cap$19.49 billion OptionableOptionable Beta1.05 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Jonathan H. Price M.B.A. (Age 47)President, CEO & Director Comp: $1.81MMs. Crystal J. PrystaiSenior VP, Corporate Controller & CFOMr. Nicholas Peter M. Hooper (Age 52)Senior Vice President of Corporate Development & Exploration Comp: $1.15MMr. Greg J. BrouwerSenior Vice President of TechnicalMr. Justin M. WebbVP & Chief Information OfficerMr. H. Fraser PhillipsSenior Vice President of Investor Relations & Strategic AnalysisMs. Charlene A. Ripley (Age 59)Senior VP & General Counsel Chris StannellPublic Relations ManagerMr. Dean C. WinsorSenior VP & Chief Human Resources OfficerMr. Alexander Nicholas Christopher B.Sc (Hons) (Age 57)B.Sc., P.Geo (BC), P.Geo., Senior Vice President More ExecutivesKey CompetitorsSteel DynamicsNASDAQ:STLDCamecoNYSE:CCJArcelorMittalNYSE:MTFranco-NevadaNYSE:FNVWestlakeNYSE:WLKView All CompetitorsInstitutional OwnershipPhoenix Holdings Ltd.Bought 1,381 shares on 12/4/2023Ownership: 0.002%Wellington Management Group LLPSold 951,318 shares on 12/1/2023Ownership: 0.119%American Century Companies Inc.Bought 15,526 shares on 11/30/2023Ownership: 0.040%Pantechnicon Advisors LLPBought 465,000 shares on 11/27/2023Ownership: 0.091%Deutsche Bank AGBought 92,202 shares on 11/24/2023Ownership: 0.265%View All Institutional Transactions Should I Buy Teck Resources Stock? TECK Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Teck Resources was last updated on Tuesday, November 28, 2023 at 10:27 PM. Pros Here are some ways that investors could benefit from investing in Teck Resources Limited: Teck Resources Limited has recently announced a significant increase in its production capacity, which is expected to drive revenue growth. The company has successfully implemented cost-saving measures, resulting in improved profitability. Teck Resources Limited has a strong balance sheet and a favorable debt-to-equity ratio, indicating financial stability. The company has a diversified portfolio of commodities, reducing the risk associated with relying on a single product. Teck Resources Limited has a history of paying dividends to its shareholders, providing a potential source of income. Cons Investors should be bearish about investing in Teck Resources Limited for these reasons: The recent decline in commodity prices may negatively impact the company's profitability. Teck Resources Limited operates in a highly cyclical industry, making it susceptible to economic downturns. The company faces regulatory and environmental risks, which could result in increased costs and operational challenges. Teck Resources Limited has a significant exposure to foreign markets, making it vulnerable to currency fluctuations and geopolitical uncertainties. The stock price of Teck Resources Limited has been volatile in recent periods, which may deter risk-averse investors. TECK Stock Analysis - Frequently Asked Questions Should I buy or sell Teck Resources stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TECK shares. View TECK analyst ratings or view top-rated stocks. What is Teck Resources' stock price target for 2024? 7 analysts have issued 1 year price objectives for Teck Resources' shares. Their TECK share price targets range from $32.00 to $63.00. On average, they expect the company's share price to reach $41.77 in the next year. This suggests a possible upside of 10.4% from the stock's current price. View analysts price targets for TECK or view top-rated stocks among Wall Street analysts. How have TECK shares performed in 2023? Teck Resources' stock was trading at $37.82 at the beginning of the year. Since then, TECK shares have increased by 0.1% and is now trading at $37.85. View the best growth stocks for 2023 here. When is Teck Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024. View our TECK earnings forecast. How were Teck Resources' earnings last quarter? Teck Resources Limited (NYSE:TECK) posted its earnings results on Tuesday, October, 24th. The basic materials company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by $0.20. The basic materials company earned $2.68 billion during the quarter, compared to the consensus estimate of $2.77 billion. Teck Resources had a net margin of 15.78% and a trailing twelve-month return on equity of 9.11%. How often does Teck Resources pay dividends? What is the dividend yield for Teck Resources? Teck Resources declared a quarterly dividend on Thursday, November 16th. Investors of record on Friday, December 15th will be paid a dividend of $0.125 per share on Friday, December 29th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date is Thursday, December 14th. This is a positive change from the stock's previous quarterly dividend of $0.09. Read our dividend analysis for TECK. Is Teck Resources a good dividend stock? Teck Resources (NYSE:TECK) pays an annual dividend of $0.37 per share and currently has a dividend yield of 0.96%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 11.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TECK will have a dividend payout ratio of 8.51% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TECK. What ETFs hold Teck Resources' stock? ETFs with the largest weight of Teck Resources (NYSE:TECK) stock in their portfolio include VanEck Green Metals ETF (GMET), Global X Copper Miners ETF (COPX), Optica Rare Earths & Critical Materials ETF (CRIT), Davis Select International ETF (DINT), Davis Select Worldwide ETF (DWLD), KraneShares Global Carbon Transformation ETF (KGHG), Davis Select U.S. Equity ETF (DUSA) and WealthTrust DBS Long Term Growth ETF (WLTG). What other stocks do shareholders of Teck Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Bank of America (BAC), Intelsat (I), Freeport-McMoRan (FCX), Micron Technology (MU), AMC Entertainment (AMC), Fossil Group (FOSL), Ciena (CIEN), Associated British Foods (ABF) and Chaarat Gold (CGH). Who are Teck Resources' major shareholders? Teck Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Royal Bank of Canada (3.67%), Davis Selected Advisers (2.51%), Boston Partners (1.65%), CIBC Asset Management Inc (1.21%), Mackenzie Financial Corp (0.89%) and Bank of Nova Scotia (0.78%). How do I buy shares of Teck Resources? Shares of TECK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:TECK) was last updated on 12/11/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Teck Resources Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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