NYSE:TECK Teck Resources (TECK) Stock Forecast, Price & News $43.40 +2.44 (+5.96%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$42.05▼$43.5350-Day Range$35.10▼$48.6552-Week Range$24.72▼$49.34Volume4.89 million shsAverage Volume4.58 million shsMarket Capitalization$22.24 billionP/E Ratio10.43Dividend Yield0.85%Price Target$61.86 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Teck Resources MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside42.5% Upside$61.86 Price TargetShort InterestHealthy2.51% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-9.56Upright™ Environmental ScoreNews Sentiment0.64Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth-5.53%From $4.88 to $4.61 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.2.61 out of 5 starsBasic Materials Sector42nd out of 163 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry4th out of 19 stocks 4.3 Analyst's Opinion Consensus RatingTeck Resources has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 9 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $61.86, Teck Resources has a forecasted upside of 42.5% from its current price of $43.40.Amount of Analyst CoverageTeck Resources has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.51% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Teck Resources has recently decreased by 6.89%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldTeck Resources has a dividend yield of 0.84%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTeck Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Teck Resources is 8.89%. 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 8.03% 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 3.1 News and Social Media Coverage News SentimentTeck Resources has a news sentiment score of 0.64. 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 higher news sentiment than the 0.47 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Teck Resources this week, compared to 8 articles on an average week.Search InterestOnly 16 people have searched for TECK on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.MarketBeat Follows10 people have added Teck Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 11% 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 Institutions56.15% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Teck Resources are expected to decrease by -5.53% in the coming year, from $4.88 to $4.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Teck Resources is 10.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Teck Resources is 10.43, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 90.57.Price to Earnings Growth RatioTeck Resources has a PEG Ratio of 1.50. 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 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Teck Resources (NYSE:TECK) StockTeck Resources Limited is a resource company, which engages in the exploration, acquisition, development, production, and sale of natural resources, Its products include steelmaking coal, copper, zinc, industrial products and fertilizers, and other metals. Its project operations are located in Canada, Peru, Chile, and US. The company was founded on September 24, 1951 and is headquartered in Vancouver, Canada.Read More 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 TECK Stock News HeadlinesJune 3, 2023 | americanbankingnews.comTeck Resources (NYSE:TECK) Earns Hold Rating from Analysts at StockNews.comJune 2, 2023 | theglobeandmail.comTeck leaning towards partial sale of coal unit, as it weighs new restructuring planJune 4, 2023 | Behind the Markets (Ad)U.S. Loses to China in Shocking WAR GAMES=== BREAKING === U.S. Loses to China in Shocking WAR GAMES Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon. Get the name of the stock here >>>June 1, 2023 | msn.comTeck struggles to win support of top shareholder on coal split - BloombergJune 1, 2023 | finance.yahoo.comGovernments must speed up mine permits to meet transition needs - Teck CEOMay 31, 2023 | benzinga.comTeck Resources shares are trading higher following a Bloomberg report suggesting Glencore is working on increasing its offering for Teck.May 30, 2023 | reuters.comGlencore said to prepare sweetened Teck bid as deadlock drags on- Bloomberg NewsMay 30, 2023 | finance.yahoo.comReturns At Teck Resources (TSE:TECK.B) Appear To Be Weighed DownJune 4, 2023 | Behind the Markets (Ad)U.S. Loses to China in Shocking WAR GAMES=== BREAKING === U.S. Loses to China in Shocking WAR GAMES Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon. Get the name of the stock here >>>May 26, 2023 | msn.comTeck Resources: 2 Catalysts Happening (Rating Upgrade)May 26, 2023 | theglobeandmail.comTeck Resources promotes Ian Anderson to chief commercial officerMay 26, 2023 | americanbankingnews.comTeck Resources (NYSE:TECK) Coverage Initiated by Analysts at StockNews.comMay 26, 2023 | finanznachrichten.deTeck Resources Ltd: Teck Announces Executive and Vice President AppointmentsMay 21, 2023 | americanbankingnews.comTeck Resources Limited (NYSE:TECK) Given Consensus Recommendation of "Moderate Buy" by BrokeragesMay 19, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Teck Resources (NYSE:TECK)May 18, 2023 | finance.yahoo.comFirst of its Kind Joint Study Demonstrates Copper’s Effectiveness at Killing Bacteria and Viruses on Public TransitMay 17, 2023 | seekingalpha.comTECK.B:CA Teck Resources LimitedMay 16, 2023 | reuters.comExclusive: Glencore's Teck bid spurs call for Canada pensions to up equity stakeMay 14, 2023 | finance.yahoo.comTEMAGAMI MINING REPORTS CHANGE IN OWNERSHIP INTEREST IN TECKMay 12, 2023 | ca.finance.yahoo.comStocks in play: Teck Resources LtdMay 12, 2023 | finanznachrichten.deTeck Resources Ltd: Teck Announces Regulatory Approval for the Zafranal ProjectMay 12, 2023 | finanznachrichten.deTeck Resources Ltd: Teck Completes Plan of Arrangement Introducing a Sunset for Dual Class Share StructureMay 12, 2023 | finance.yahoo.comTeck Completes Plan of Arrangement Introducing a Sunset for Dual Class Share StructureMay 12, 2023 | finance.yahoo.comTeck Announces Regulatory Approval for the Zafranal ProjectMay 12, 2023 | finance.yahoo.comTeck Completes Plan of Arrangement Introducing a Sunset for Dual Class Share StructureMay 9, 2023 | finance.yahoo.comTeck to Present at the BofA Securities 2023 Global Metals, Mining and Steel Conference May 16, 2023May 9, 2023 | finance.yahoo.comCanadian mining entrepreneur offers to invest in Teck's coal unitSee More Headlines TECK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TECK Company Calendar Last Earnings10/27/2021Ex-Dividend for 3/31 Dividend3/14/2023Dividend Payable3/31/2023Today6/04/2023Ex-Dividend for 6/30 Dividend6/14/2023Dividend Payable6/30/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get 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 Forecast$61.86 High Stock Price Forecast$80.00 Low Stock Price Forecast$42.00 Forecasted Upside/Downside+42.5%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$4.16 Trailing P/E Ratio10.43 Forward P/E Ratio8.89 P/E Growth1.5Net Income$2.55 billion Net Margins16.80% Pretax Margin33.93% Return on Equity15.71% Return on Assets8.12% Debt Debt-to-Equity Ratio0.24 Current Ratio1.28 Quick Ratio0.80 Sales & Book Value Annual Sales$13.32 billion Price / Sales1.67 Cash Flow$9.95 per share Price / Cash Flow4.36 Book Value$39.65 per share Price / Book1.09Miscellaneous Outstanding Shares512,370,000Free Float511,649,000Market Cap$22.24 billion OptionableOptionable Beta1.07 Social Links Key ExecutivesJonathan PriceChief Executive Officer & DirectorHarry Milton CongerPresident, Chief Operating Officer & DirectorCrystal PrystaiChief Financial Officer & Senior Vice PresidentGreg J. BrouwerSenior Vice President-Technology & InnovationJustin WebbChief Information Officer & Vice PresidentKey CompetitorsSociedad Química y Minera de ChileNYSE:SQMWheaton Precious MetalsNYSE:WPMArcelorMittalNYSE:MTPOSCONYSE:PKXSteel DynamicsNASDAQ:STLDView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCSold 94,386 shares on 6/1/2023Ownership: 0.025%Toroso Investments LLCBought 12,281 shares on 5/23/2023Ownership: 0.002%Ameriprise Financial Inc.Sold 194,264 shares on 5/22/2023Ownership: 0.173%Anson Funds Management LPSold 10,000 shares on 5/19/2023Ownership: 0.004%JPMorgan Chase & Co.Sold 8,200 shares on 5/18/2023Ownership: 0.000%View All Institutional Transactions TECK Stock - Frequently Asked Questions Should I buy or sell Teck Resources stock right now? 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last twelve months. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TECK shares. View TECK analyst ratings or view top-rated stocks. What is Teck Resources' stock price forecast for 2023? 14 analysts have issued 1-year price objectives for Teck Resources' shares. Their TECK share price forecasts range from $42.00 to $80.00. On average, they predict the company's share price to reach $61.86 in the next year. This suggests a possible upside of 42.5% 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 stock has increased by 14.8% and is now trading at $43.40. 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, July 25th 2023. View our TECK earnings forecast. How were Teck Resources' earnings last quarter? Teck Resources Limited (NYSE:TECK) released its quarterly earnings results on Wednesday, October, 27th. The basic materials company reported $1.88 EPS for the quarter, topping analysts' consensus estimates of $1.48 by $0.40. The basic materials company earned $3.97 billion during the quarter, compared to analysts' expectations of $3.63 billion. Teck Resources had a trailing twelve-month return on equity of 15.71% and a net margin of 16.80%. The company's revenue was up 73.3% on a year-over-year basis. During the same period last year, the firm earned $0.18 EPS. How often does Teck Resources pay dividends? What is the dividend yield for Teck Resources? Teck Resources announced a quarterly dividend on Wednesday, April 26th. Investors of record on Thursday, June 15th will be paid a dividend of $0.125 per share on Friday, June 30th. This represents a $0.50 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Wednesday, June 14th. This is an increase from the stock's previous quarterly dividend of $0.09. 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), Optica Rare Earths & Critical Materials ETF (CRIT), Davis Select International ETF (DINT), SPDR S&P North American Natural Resources ETF (NANR), Davis Select Worldwide ETF (DWLD), Davis Select U.S. Equity ETF (DUSA), KraneShares Global Carbon Transformation ETF (KGHG) and WealthTrust DBS Long Term Growth ETF (WLTG). 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 0.84%. The dividend payout ratio is 8.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TECK will have a dividend payout ratio of 8.03% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TECK. 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). What is Teck Resources' stock symbol? Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK." Who are Teck Resources' major shareholders? Teck Resources' stock is owned by many different institutional and retail investors. Top institutional investors include Dodge & Cox (5.46%), Davis Selected Advisers (2.57%), Egerton Capital UK LLP (1.96%), FIL Ltd (1.31%), Dimensional Fund Advisors LP (1.30%) and CIBC Asset Management Inc (1.28%). 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. What is Teck Resources' stock price today? One share of TECK stock can currently be purchased for approximately $43.40. How much money does Teck Resources make? Teck Resources (NYSE:TECK) has a market capitalization of $22.24 billion and generates $13.32 billion in revenue each year. The basic materials company earns $2.55 billion in net income (profit) each year or $4.16 on an earnings per share basis. How many employees does Teck Resources have? The company employs 12,100 workers across the globe. How can I contact Teck Resources? Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The official website for the company is www.teck.com. The basic materials company can be reached via phone at (604) 699-4000, via email at investors@teck.com, or via fax at 604-699-4750. This page (NYSE:TECK) was last updated on 6/4/2023 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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