Teck Resources Stock Price, Forecast & Analysis (NYSE:TECK)

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

Teck Resources declared a quarterly dividend on Wednesday, November 13th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.038 per share on Tuesday, December 31st. This represents a $0.15 annualized dividend and a yield of 0.93%. The ex-dividend date is Thursday, December 12th. This is an increase from Teck Resources's previous quarterly dividend of $0.04. View Teck Resources' Dividend History.

Teck Resources Ltd (NYSE:TECK) posted its quarterly earnings results on Thursday, October, 24th. The basic materials company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.11. The basic materials company earned $2.30 billion during the quarter, compared to analysts' expectations of $2.31 billion. Teck Resources had a return on equity of 8.07% and a net margin of 13.28%. During the same period last year, the company earned $0.80 earnings per share. View Teck Resources' Earnings History.

Teck Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Teck Resources.

14 analysts have issued 1 year price objectives for Teck Resources' shares. Their forecasts range from $21.50 to $39.00. On average, they anticipate Teck Resources' stock price to reach $31.31 in the next year. This suggests a possible upside of 91.0% from the stock's current price. View Analyst Price Targets for Teck Resources.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last year. There are currently 1 sell rating, 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Teck Resources.

News stories about TECK stock have been trending very negative recently, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Teck Resources earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Teck Resources.

Teck Resources saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 8,990,000 shares, an increase of 12.5% from the September 30th total of 7,990,000 shares. Based on an average trading volume of 2,890,000 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.7% of the shares of the stock are short sold. View Teck Resources' Current Options Chain.

Some companies that are related to Teck Resources include Vulcan Materials (VMC), Martin Marietta Materials (MLM), Sociedad Quimica y Minera de Chile (SQM), Mdu Resources Group (MDU), Summit Materials (SUM), Compass Minerals International (CMP), Hecla Mining (HL), LYNAS CORP LTD/S (LYSDY), United States Lime & Minerals (USLM), U.S. Silica (SLCA), Ciner Resources (CINR), Intrepid Potash (IPI), Smart Sand (SND), Hi-Crush (HCR) and Piedmont Lithium (PLL).

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), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Micron Technology (MU), AMC Entertainment (AMC), Encana (ECA) and First Data (FDC).

Teck Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Letko Brosseau & Associates Inc. (2.57%), Beutel Goodman & Co Ltd. (1.80%), CIBC Asset Management Inc (1.39%), Great West Life Assurance Co. Can (0.61%), Alberta Investment Management Corp (0.48%) and Hexavest Inc. (0.47%).

TECK stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Alberta Investment Management Corp, CIBC Asset Management Inc, Russell Investments Group Ltd., Hexavest Inc., JCIC Asset Management Inc., Sumitomo Mitsui Trust Holdings Inc. and Nikko Asset Management Americas Inc..

TECK stock was acquired by a variety of institutional investors in the last quarter, including Beutel Goodman & Co Ltd., Letko Brosseau & Associates Inc., State of Tennessee Treasury Department, Assenagon Asset Management S.A., Foundation Resource Management Inc., Tower Research Capital LLC TRC, Massachusetts Financial Services Co. MA and Tibra Equities Europe Ltd.

Shares of TECK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TECK stock can currently be purchased for approximately $16.39.

Teck Resources has a market capitalization of $8.95 billion and generates $9.69 billion in revenue each year. The basic materials company earns $2.40 billion in net income (profit) each year or $3.14 on an earnings per share basis. Teck Resources employs 10,000 workers across the globe.View Additional Information About Teck Resources.

The official website for Teck Resources is http://www.teck.com/.

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]