Q3 EPS Estimates for Teck Resources Lowered by Raymond James

Teck Resources Limited (NYSE:TECK - Free Report) TSE: TECK - Investment analysts at Raymond James reduced their Q3 2025 earnings estimates for Teck Resources in a research report issued to clients and investors on Tuesday, April 1st. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings per share of $0.36 for the quarter, down from their prior estimate of $0.45. Raymond James currently has a "Outperform" rating and a $70.00 price target on the stock. The consensus estimate for Teck Resources' current full-year earnings is $1.53 per share. Raymond James also issued estimates for Teck Resources' Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.35 EPS, Q4 2025 earnings at $0.35 EPS and FY2025 earnings at $1.27 EPS.

Several other equities analysts also recently weighed in on TECK. JPMorgan Chase & Co. lowered their price target on shares of Teck Resources from $55.00 to $51.00 and set an "overweight" rating on the stock in a report on Thursday, January 16th. National Bank Financial cut shares of Teck Resources from an "outperform" rating to a "sector perform" rating in a research note on Tuesday, December 10th. Bank of America increased their price target on Teck Resources from $62.00 to $64.00 and gave the stock a "buy" rating in a research note on Monday, March 10th. National Bankshares reissued a "sector perform" rating on shares of Teck Resources in a report on Wednesday, April 2nd. Finally, Desjardins started coverage on Teck Resources in a research note on Friday, April 4th. They issued a "buy" rating for the company. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $65.22.

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Teck Resources Stock Performance

Shares of TECK stock traded up $1.45 during trading hours on Friday, reaching $30.50. 3,722,609 shares of the company traded hands, compared to its average volume of 3,186,556. The firm has a 50-day moving average price of $40.00 and a 200 day moving average price of $43.85. The company has a market cap of $15.09 billion, a P/E ratio of 55.45 and a beta of 0.81. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.92 and a quick ratio of 2.35. Teck Resources has a 12-month low of $28.33 and a 12-month high of $55.13.

Teck Resources (NYSE:TECK - Get Free Report) TSE: TECK last released its earnings results on Thursday, February 20th. The basic materials company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.07. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.58 billion. Teck Resources had a return on equity of 4.59% and a net margin of 2.96%.

Institutional Trading of Teck Resources

A number of large investors have recently made changes to their positions in TECK. Stonebridge Financial Group LLC purchased a new position in Teck Resources in the fourth quarter worth about $25,000. FPC Investment Advisory Inc. purchased a new position in shares of Teck Resources in the 4th quarter worth approximately $27,000. Global Trust Asset Management LLC bought a new position in shares of Teck Resources during the 4th quarter valued at approximately $27,000. Wilmington Savings Fund Society FSB purchased a new stake in Teck Resources during the 3rd quarter valued at $40,000. Finally, Community Bank N.A. bought a new stake in Teck Resources in the fourth quarter worth $33,000. 78.06% of the stock is currently owned by institutional investors.

Teck Resources Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a $0.0879 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 1.15%. Teck Resources's payout ratio is currently 61.82%.

Teck Resources Company Profile

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.