Top-Rated StocksTop-RatedNYSE:TECK Teck Resources (TECK) Stock Price, News & Analysis → The Next Nvidia? (From InvestorPlace) (Ad) Free TECK Stock Alerts $50.34 +0.45 (+0.90%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$49.81▼$50.5150-Day Range$37.47▼$51.0752-Week Range$34.38▼$51.65Volume2.50 million shsAverage Volume4.02 million shsMarket Capitalization$25.76 billionP/E Ratio22.27Dividend Yield0.74%Price Target$50.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Teck Resources alerts: Email Address Teck Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside0.7% Downside$50.00 Price TargetShort InterestHealthy1.26% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-9.56Upright™ Environmental ScoreNews Sentiment0.75Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth-6.74%From $2.67 to $2.49 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.44 out of 5 starsBasic Materials Sector111th out of 169 stocksMining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry9th out of 20 stocks 1.4 Analyst's Opinion Consensus RatingTeck Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageTeck Resources has only been the subject of 3 research reports in the past 90 days.Read more about Teck Resources' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.26% 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 1.6, 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 25.30%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldTeck Resources has a dividend yield of 0.75%, 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 16.37%. 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 14.86% next year. This indicates that Teck Resources will be able to sustain or increase its dividend.Read more about Teck Resources' 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 2.6 News and Social Media Coverage News SentimentTeck Resources has a news sentiment score of 0.75. 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 0.41 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Teck Resources this week, compared to 7 articles on an average week.Search InterestOnly 18 people have searched for TECK on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Teck Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 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 Institutions78.06% of the stock of Teck Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Teck Resources' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Teck Resources are expected to decrease by -6.74% in the coming year, from $2.67 to $2.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Teck Resources is 22.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Teck Resources is 22.27, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 145.99.Price to Earnings Growth RatioTeck Resources has a PEG Ratio of 8.92. 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 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Teck Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Priority GoldBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...Get your free information kit NOW, before it's too late. 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. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen. The company also produces lead, silver, and molybdenum; and various specialty and other metals, chemicals, and fertilizers. In addition, it explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. The company 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 HeadlinesMay 7, 2024 | theglobeandmail.comTeck to Present at the BofA Securities 2024 Global Metals, Mining and Steel ConferenceMay 7, 2024 | globenewswire.comTeck to Present at the BofA Securities 2024 Global Metals, Mining and Steel ConferenceMay 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 2, 2024 | americanbankingnews.comQ2 2024 Earnings Forecast for Teck Resources Limited Issued By B. Riley (NYSE:TECK)April 30, 2024 | americanbankingnews.comTeck Resources Limited (NYSE:TECK) Receives Average Recommendation of "Moderate Buy" from AnalystsApril 29, 2024 | americanbankingnews.comRaymond James Brokers Lift Earnings Estimates for Teck Resources Limited (NYSE:TECK)April 28, 2024 | americanbankingnews.comTeck Resources (NYSE:TECK) Reaches New 52-Week High at $50.93April 26, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Alamos Gold (AGI) and Teck Resources (TECK)May 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. April 26, 2024 | finance.yahoo.comTeck Resources Limited Just Missed Earnings - But Analysts Have Updated Their ModelsApril 25, 2024 | globenewswire.comTeck Reports Voting Results from Annual Meeting of ShareholdersApril 25, 2024 | seekingalpha.comTeck Resources: Solid Q1 With Copper Expansion ProgressingApril 25, 2024 | globenewswire.comTeck Announces DividendApril 25, 2024 | marketwatch.comToronto Stocks Move Lower; Teck Resources Rises on Jump in Copper OutputApril 25, 2024 | marketwatch.comTeck Shares Climb With Stronger Copper ProductionApril 25, 2024 | seekingalpha.comTeck Resources Limited 2024 Q1 - Results - Earnings Call PresentationApril 25, 2024 | markets.businessinsider.comTeck Resources Posts Lower Profit In Q1April 25, 2024 | msn.comCanada's Teck Resources misses first-quarter profit estimatesApril 25, 2024 | globenewswire.comTeck Reports Unaudited First Quarter Results for 2024April 24, 2024 | markets.businessinsider.comTeck Resources is about to announce earnings — here's what Wall Street expectsApril 24, 2024 | markets.businessinsider.comHere's what Wall Street expects from Teck Resources's earningsApril 22, 2024 | msn.comTSX Flat to Start New WeekApril 22, 2024 | msn.com1 Mining Stock Set to Benefit from Russian Metals SanctionsApril 22, 2024 | msn.comFreeport, Teck Resources Q1 results seen weighed by lower prices, high costsApril 22, 2024 | markets.businessinsider.comCopper Fox Completes Final Payment on the Eaglehead Copper PropertyApril 9, 2024 | investorplace.comCopper Kings: 3 Stocks to Profit From the Conductive Metal BoomApril 5, 2024 | globenewswire.comTeck to Release First Quarter 2024 Results on April 25, 2024See 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 Last Earnings2/22/2024Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Today5/07/2024Ex-Dividend for 6/28 Dividend6/17/2024Dividend Payable6/28/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Mining & quarrying of nonmetallic minerals, except fuels Sub-IndustryN/A Current SymbolNYSE:TECK CUSIPN/A CIK886986 Webwww.teck.com Phone(604) 699-4000Fax604-699-4750Employees12,600Year Founded1906Price Target and Rating Average Stock Price Target$50.00 High Stock Price Target$63.00 Low Stock Price Target$32.00 Potential Upside/Downside-0.7%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$2.26 Trailing P/E Ratio22.27 Forward P/E Ratio18.85 P/E Growth8.92Net Income$1.78 billion Net Margins10.59% Pretax Margin18.61% Return on Equity7.52% Return on Assets3.89% Debt Debt-to-Equity Ratio0.20 Current Ratio1.49 Quick Ratio0.86 Sales & Book Value Annual Sales$11.12 billion Price / Sales2.32 Cash Flow$6.75 per share Price / Cash Flow7.46 Book Value$40.32 per share Price / Book1.25Miscellaneous Outstanding Shares511,730,000Free Float511,019,000Market Cap$25.76 billion OptionableOptionable Beta1.12 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Jonathan H. Price M.B.A. (Age 47)President, CEO & Director Comp: $3.56MMs. Crystal J. PrystaiSenior VP & CFOMs. Charlene A. Ripley (Age 60)Senior VP & General Counsel Comp: $1.01MMr. Nicholas Peter M. Hooper (Age 53)Senior Vice President of Corporate Development & Exploration Comp: $1.06MMr. Greg J. BrouwerSenior Vice President of TechnicalMr. Justin M. WebbVP & Chief Information OfficerMr. H. Fraser PhillipsSenior Vice President of Investor Relations & Strategic AnalysisChris StannellPublic Relations ManagerMr. Dean C. WinsorSenior VP & Chief Human Resources OfficerMichael HanChief EconomistMore ExecutivesKey CompetitorsSociedad Química y Minera de ChileNYSE:SQMNutrienNYSE:NTRWheaton Precious MetalsNYSE:WPMFranco-NevadaNYSE:FNVBarrick GoldNYSE:GOLDView All CompetitorsInstitutional OwnershipForsta AP FondenBought 6,200 shares on 5/7/2024Ownership: 0.018%Susquehanna Fundamental Investments LLCBought 10,600 shares on 5/7/2024Ownership: 0.002%Oppenheimer Asset Management Inc.Sold 287 shares on 5/7/2024Ownership: 0.002%Meixler Investment Management Ltd.Sold 6,738 shares on 5/7/2024Ownership: 0.002%Empirical Financial Services LLC d.b.a. Empirical Wealth ManagementBought 7,727 shares on 5/7/2024Ownership: 0.002%View All Institutional Transactions Should I Buy Teck Resources Stock? TECK Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Teck Resources Limited: Teck Resources Limited has a diversified portfolio of natural resources including copper, zinc, steelmaking coal, and blended bitumen, providing exposure to multiple sectors within the industry. Recent increase in institutional investments in Teck Resources Limited, indicating confidence from large investors in the company's growth potential. Teck Resources Limited has shown resilience in its stock price, trading at a 12-month high of $50.30, reflecting positive market sentiment. The company's exploration for gold adds a potential high-value commodity to its product mix, diversifying its revenue streams. Teck Resources Limited operates in multiple regions globally, reducing geographical risk and enhancing market stability. Cons Investors should be bearish about investing in Teck Resources Limited for these reasons: Teck Resources Limited's stock price experienced a 1.6% decline recently, indicating short-term volatility in the market. The company's debt-to-equity ratio of 0.21 may pose a risk in case of economic downturns or unfavorable market conditions. Teck Resources Limited's price-to-earnings ratio of 14.16 and a P/E/G ratio of 6.02 may suggest the stock is currently overvalued compared to industry peers. Market competition and fluctuations in commodity prices could impact Teck Resources Limited's profitability and stock performance. Environmental regulations and sustainability concerns in the mining industry may pose challenges to Teck Resources Limited's operations and future growth prospects. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Teck Resources pros and cons to contact@marketbeat.com. TECK Stock Analysis - Frequently Asked Questions Should I buy or sell Teck Resources stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024? 8 brokerages have issued 12 month target prices for Teck Resources' shares. Their TECK share price targets range from $32.00 to $63.00. On average, they predict the company's share price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 0.7%. View analysts price targets for TECK or view top-rated stocks among Wall Street analysts. How have TECK shares performed in 2024? Teck Resources' stock was trading at $42.27 on January 1st, 2024. Since then, TECK stock has increased by 19.1% and is now trading at $50.34. View the best growth stocks for 2024 here. Are investors shorting Teck Resources? Teck Resources saw a increase in short interest in April. As of April 15th, there was short interest totaling 6,340,000 shares, an increase of 25.3% from the March 31st total of 5,060,000 shares. Based on an average trading volume of 4,060,000 shares, the short-interest ratio is currently 1.6 days. Approximately 1.3% of the shares of the company are short sold. View Teck Resources' Short Interest. When is Teck Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our TECK earnings forecast. How were Teck Resources' earnings last quarter? Teck Resources Limited (NYSE:TECK) released its quarterly earnings data on Thursday, February, 22nd. The basic materials company reported $1.02 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.01. The basic materials company earned $3.02 billion during the quarter, compared to the consensus estimate of $3.11 billion. Teck Resources had a net margin of 10.59% and a trailing twelve-month return on equity of 7.52%. How often does Teck Resources pay dividends? What is the dividend yield for Teck Resources? Teck Resources declared a quarterly dividend on Thursday, April 25th. Stockholders of record on Monday, June 17th will be given a dividend of $0.0911 per share on Friday, June 28th. This represents a $0.36 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Monday, June 17th. 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 0.75%. The dividend payout ratio is 16.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TECK will have a dividend payout ratio of 14.86% 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), Davis Select International ETF (DINT), Spear Alpha ETF (SPRX), Global X Copper Miners ETF (COPX), Optica Rare Earths & Critical Materials ETF (CRIT), Davis Select Worldwide ETF (DWLD), TCW Transform Supply Chain ETF (SUPP) and KraneShares Global Carbon Transformation ETF (KGHG). 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 Principal Financial Group Inc. (1.11%), Mirae Asset Global Investments Co. Ltd. (0.43%), Swiss National Bank (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.23%), ANTIPODES PARTNERS Ltd (0.21%) and Foundation Resource Management Inc. (0.20%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:TECK) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersShocking: One AI startup's revenue could surge 4,735%Manward PressThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorAI “wealth window” is closing June 25thParadigm Press[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsStock-Picking AI Predicts #1 Stock of 2024AltimetryElon Musk Secret Crypto Plot ExposedCrypto 101 MediaThe #1 lithium battery stock to have on your radar in 2024!Smallcaps DailyThe AI Stock that’s Disrupting Every IndustryStockEarnings 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. 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