Teck Resources Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last twelve months. There are currently 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Teck Resources stock.
View analyst ratings for Teck Resources or view top-rated stocks.

Wall Street analysts have given Teck Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Teck Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Teck Resources saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 9,700,000 shares, an increase of 49.9% from the March 15th total of 6,470,000 shares. Based on an average daily trading volume, of 4,940,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.9% of the shares of the stock are short sold.
View Teck Resources' Short Interest.

Teck Resources is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for Teck Resources.

Teck Resources Limited (NYSE:TECK) issued its earnings results on Thursday, February, 18th. The basic materials company reported $0.35 EPS for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.05. The basic materials company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.94 billion. Teck Resources had a negative net margin of 14.37% and a positive trailing twelve-month return on equity of 2.49%.
View Teck Resources' earnings history.

Teck Resources' stock was trading at $8.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TECK shares have increased by 210.6% and is now trading at $25.47.
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Teck Resources announced a quarterly dividend on Friday, April 30th. Investors of record on Tuesday, June 15th will be paid a dividend of $0.0404 per share on Wednesday, June 30th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date is Monday, June 14th. This is an increase from Teck Resources's previous quarterly dividend of $0.04.
View Teck Resources' dividend history.

Teck Resources pays an annual dividend of $0.15 per share and currently has a dividend yield of 0.61%. Teck Resources does not yet have a strock track record of dividend growth. The dividend payout ratio of Teck Resources is 6.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Teck Resources will have a dividend payout ratio of 10.42% next year. This indicates that Teck Resources will be able to sustain or increase its dividend.
View Teck Resources' dividend history.

17 brokerages have issued 1-year target prices for Teck Resources' shares. Their forecasts range from $14.00 to $34.00. On average, they anticipate Teck Resources' share price to reach $26.20 in the next year. This suggests a possible upside of 2.9% from the stock's current price.
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Some companies that are related to Teck Resources include Vulcan Materials (VMC), Martin Marietta Materials (MLM), Sociedad Química y Minera de Chile (SQM), MDU Resources Group (MDU), Hecla Mining (HL), Summit Materials (SUM), Lynas Rare Earths (LYSDY), Compass Minerals International (CMP), Piedmont Lithium (PLL), U.S. Silica (SLCA), Energy Fuels (UUUU), United States Lime & Minerals (USLM), Intrepid Potash (IPI), Centrus Energy (LEU) and Galiano Gold (GAU).
View all of TECK's competitors.

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).

Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."

Teck Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Letko Brosseau & Associates Inc. (1.92%), Arrowstreet Capital Limited Partnership (1.79%), Contrarius Investment Management Ltd (1.51%), Iridian Asset Management LLC CT (1.45%), ANTIPODES PARTNERS Ltd (1.06%) and CIBC Asset Management Inc (0.93%).

TECK stock was sold by a variety of institutional investors in the last quarter, including Letko Brosseau & Associates Inc., Arrowstreet Capital Limited Partnership, Scheer Rowlett & Associates Investment Management Ltd., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, BNP Paribas Arbitrage SA, CIBC World Markets Inc., Toronto Dominion Bank, and L1 Capital Pty Ltd.

TECK stock was acquired by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, ANTIPODES PARTNERS Ltd, Laurion Capital Management LP, Allianz Asset Management GmbH, New York State Common Retirement Fund, Mirae Asset Global Investments Co. Ltd., Impala Asset Management LLC, and Contrarius Investment Management Ltd.

Shares of TECK 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.
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One share of TECK stock can currently be purchased for approximately $25.47.

Teck Resources has a market capitalization of $13.34 billion and generates $8.99 billion in revenue each year. The basic materials company earns $-455,930,000.00 in net income (profit) each year or $2.22 on an earnings per share basis.

Teck Resources employs 10,000 workers across the globe.

Teck Resources was founded in 1906.

The official website for Teck Resources is www.teck.com.

Teck Resources is headquartered at 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3.

Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The basic materials company can be reached via phone at 604-699-4000 or via email at [email protected]