NYSE:TECK Teck Resources (TECK) Stock Forecast, Price & News $40.31 -0.71 (-1.73%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$40.24▼$41.3450-Day Range$37.25▼$44.4352-Week Range$28.90▼$49.34Volume2.34 million shsAverage Volume2.79 million shsMarket Capitalization$20.64 billionP/E Ratio16.32Dividend Yield0.92%Price Target$39.43 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Teck Resources MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside2.2% Downside$39.43 Price TargetShort InterestHealthy1.88% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-9.56Upright™ Environmental ScoreNews Sentiment0.33Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth5.08%From $3.94 to $4.14 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.1.72 out of 5 starsBasic Materials Sector137th out of 162 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry15th out of 18 stocks 1.3 Analyst's Opinion Consensus RatingTeck Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.43, Teck Resources has a forecasted downside of 2.2% from its current price of $40.31.Amount of Analyst CoverageTeck Resources has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.88% 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, 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 4.81%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldTeck Resources has a dividend yield of 0.90%, 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 14.98%. 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 8.94% 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 3.0 News and Social Media Coverage News SentimentTeck Resources has a news sentiment score of 0.33. 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 0.47 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Teck Resources this week, compared to 7 articles on an average week.Search Interest14 people have searched for TECK on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.MarketBeat Follows9 people have added Teck Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 13% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Teck Resources are expected to grow by 5.08% in the coming year, from $3.94 to $4.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Teck Resources is 16.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Teck Resources is 16.32, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.93.Price to Book Value per Share RatioTeck Resources has a P/B Ratio of 1.00. 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 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TECK Stock News HeadlinesSeptember 23, 2023 | americanbankingnews.comMorgan Stanley Increases Teck Resources (NYSE:TECK) Price Target to $55.00September 22, 2023 | msn.comJSW Steel slows process to buy stake in Teck Resources coal unit - ReutersSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 22, 2023 | americanbankingnews.comTeck Resources (NYSE:TECK) Now Covered by StockNews.comSeptember 22, 2023 | reuters.comExclusive: India's JSW Steel slows process to buy stake in Canada Teck coal unit, source saysSeptember 22, 2023 | msn.comIndia Canada row: JSW Steel shares in focus on Teck coal unit reportSeptember 22, 2023 | msn.comTSX tumbles the most this year as borrowing costs climbSeptember 21, 2023 | finance.yahoo.comCANADA STOCKS-TSX tumbles the most this year as borrowing costs climbSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 21, 2023 | msn.comJSW Steel slows process to buy stake in Canada Teck coal unit amid diplomatic rowSeptember 21, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Teck ResourcesSeptember 20, 2023 | finance.yahoo.comCopper Fox Provides Update on Schaft Creek ProgramSeptember 18, 2023 | americanbankingnews.comTeck Resources Limited (NYSE:TECK) Given Consensus Recommendation of "Moderate Buy" by AnalystsSeptember 16, 2023 | msn.comTeck Resources Continues To Benefit From Multi-Sided Growth, Revenue DiversitySeptember 14, 2023 | benzinga.comCheck Out What Whales Are Doing With TECKSeptember 8, 2023 | theglobeandmail.comThe baptism of fire of Teck’s new boss, Jonathan Price, who wants to put Canada on the critical metals mapSeptember 7, 2023 | financialpost.comMajor shareholder voted against Glencore's climate report, as miner eyes Teck's coal unitSeptember 5, 2023 | theglobeandmail.comNo quick end for the sale of Teck’s coal unit as mining giant weighs more bids than expectedSeptember 1, 2023 | benzinga.comTeck Resources Unusual Options ActivityAugust 30, 2023 | finance.yahoo.comNippon Steel expects Asia's steel margins to remain weak - executiveAugust 28, 2023 | msn.comCanada Unearthed: Vancouver mega-miner Teck’s copper transformation is taking shapeAugust 27, 2023 | reuters.comIndia's JSW Steel to pick up 20%-40% stake in Teck's coal unit, Bloomberg reportsAugust 25, 2023 | msn.comJSW Steel to pick up 20%-40% stake in Teck's coal unit: ReportAugust 25, 2023 | uk.news.yahoo.comIndia's JSW Steel to pick up 20%-40% stake in Teck's coal unit - BloombergAugust 25, 2023 | finance.yahoo.comAmerican Eagle Gold receives another strategic investment from Teck ResourcesAugust 25, 2023 | msn.comIndia's JSW Steel set to acquire 20%-40% stake in Teck's coal unit - BloombergAugust 25, 2023 | sg.finance.yahoo.comIndia's JSW Steel to pick up 20%-40% stake in Teck's coal unit - reportSee 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 TECK Company Calendar Ex-Dividend for 6/30 Dividend6/14/2023Dividend Payable6/30/2023Last Earnings7/27/2023Ex-Dividend for 9/29 Dividend9/14/2023Today9/27/2023Dividend Payable9/29/2023Next Earnings (Confirmed)10/24/2023Fiscal 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$39.43 High Stock Price Forecast$55.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside-2.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.47 Trailing P/E Ratio16.32 Forward P/E Ratio10.23 P/E GrowthN/ANet Income$2.55 billion Net Margins11.39% Pretax Margin26.53% Return on Equity11.24% Return on Assets5.78% Debt Debt-to-Equity Ratio0.22 Current Ratio1.29 Quick Ratio0.72 Sales & Book Value Annual Sales$13.32 billion Price / Sales1.55 Cash Flow$10.03 per share Price / Cash Flow4.02 Book Value$40.31 per share Price / Book1.00Miscellaneous Outstanding Shares512,010,000Free Float511,296,000Market Cap$20.64 billion OptionableOptionable Beta1.10 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Jonathan H. Price M.B.A. (Age 46)CEO & Director Comp: $1.8MMr. Harry Milton Conger IV (Age 67)Exec. VP, COO, Pres & Director Comp: $1.63MMs. Crystal J. PrystaiSr. VP, Corp. Controller & CFOMr. Nicholas Peter M. Hooper (Age 52)Sr. VP of Corp. Devel. & Exploration Comp: $1.15MMr. Greg J. BrouwerSr. VP of TechnicalMr. Justin M. WebbVP & Chief Information OfficerMr. H. Fraser PhillipsSr. VP of Investor Relations & Strategic AnalysisMs. Charlene A. Ripley (Age 59)Sr. VP & Gen. Counsel Chris StannellPR Mang.Mr. Dean C. WinsorSr. VP & Chief HR OfficerMore ExecutivesKey CompetitorsSociedad Química y Minera de ChileNYSE:SQMArcelorMittalNYSE:MTAlbemarleNYSE:ALBWheaton Precious MetalsNYSE:WPMAgnico Eagle MinesNYSE:AEMView All CompetitorsInstitutional OwnershipDavidson Kempner Capital Management LPBought 1,628,437 shares on 9/12/2023Ownership: 0.000%Bluefin Capital Management LLCBought 501,500 shares on 9/11/2023Ownership: 0.000%Delphi Management Inc. MABought 17,356 shares on 8/28/2023Ownership: 0.003%Alberta Investment Management CorpBought 104,785 shares on 8/24/2023Ownership: 0.360%Wolverine Trading LLCSold 169,400 shares on 8/23/2023Ownership: 0.000%View All Institutional Transactions TECK Stock - Frequently Asked Questions Should I buy or sell Teck Resources stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TECK shares. View TECK analyst ratings or view top-rated stocks. What is Teck Resources' stock price forecast for 2023? 12 Wall Street analysts have issued 12-month price targets for Teck Resources' shares. Their TECK share price forecasts range from $32.00 to $55.00. On average, they anticipate the company's share price to reach $39.43 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. 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 2023. Since then, TECK stock has increased by 6.6% and is now trading at $40.31. 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, October 24th 2023. View our TECK earnings forecast. How were Teck Resources' earnings last quarter? Teck Resources Limited (NYSE:TECK) posted its quarterly earnings data on Thursday, July, 27th. The basic materials company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.97 by $0.06. The basic materials company had revenue of $2.62 billion for the quarter, compared to analysts' expectations of $2.77 billion. Teck Resources had a trailing twelve-month return on equity of 11.24% and a net margin of 11.39%. How often does Teck Resources pay dividends? What is the dividend yield for Teck Resources? Teck Resources declared a quarterly dividend on Wednesday, July 26th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.094 per share on Friday, September 29th. This represents a $0.38 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend is Thursday, September 14th. 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). 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 0.93%. The dividend payout ratio is 14.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TECK will have a dividend payout ratio of 9.05% 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 a number of retail and institutional investors. Top institutional investors include Soroban Capital Partners LP (1.97%), Egerton Capital UK LLP (1.39%), Boston Partners (1.34%), Dimensional Fund Advisors LP (1.32%), CIBC Asset Management Inc (1.19%) and Bank of Montreal Can (0.99%). 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 $40.31. How much money does Teck Resources make? Teck Resources (NYSE:TECK) has a market capitalization of $20.64 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 $2.47 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 9/27/2023 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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