B. Riley Estimates Teck Resources' Q2 Earnings (NYSE:TECK)

Teck Resources Limited (NYSE:TECK - Free Report) TSE: TECK - Investment analysts at B. Riley dropped their Q2 2025 earnings per share (EPS) estimates for shares of Teck Resources in a report issued on Tuesday, January 28th. B. Riley analyst N. Giles now expects that the basic materials company will earn $0.35 per share for the quarter, down from their previous forecast of $0.39. The consensus estimate for Teck Resources' current full-year earnings is $1.68 per share. B. Riley also issued estimates for Teck Resources' Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.45 EPS and FY2027 earnings at $0.99 EPS.

Several other research analysts also recently weighed in on TECK. JPMorgan Chase & Co. decreased their price target on shares of Teck Resources from $55.00 to $51.00 and set an "overweight" rating on the stock in a research report on Thursday, January 16th. National Bank Financial downgraded Teck Resources from an "outperform" rating to a "sector perform" rating in a research note on Tuesday, December 10th. StockNews.com raised shares of Teck Resources from a "sell" rating to a "hold" rating in a report on Thursday, October 24th. Raymond James decreased their price objective on shares of Teck Resources from $75.00 to $70.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 22nd. Finally, Scotiabank lifted their target price on shares of Teck Resources from $78.00 to $79.00 and gave the company a "sector outperform" rating in a research note on Tuesday, October 8th. Six equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Teck Resources has a consensus rating of "Moderate Buy" and a consensus price target of $65.38.

Teck Resources Stock Performance

Shares of Teck Resources stock traded down $0.81 during trading hours on Thursday, reaching $40.90. 1,155,937 shares of the stock traded hands, compared to its average volume of 2,718,520. The company has a 50 day moving average price of $43.06 and a 200 day moving average price of $46.22. Teck Resources has a one year low of $36.50 and a one year high of $55.13. The company has a quick ratio of 2.35, a current ratio of 2.92 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $20.40 billion, a price-to-earnings ratio of 62.06 and a beta of 1.05.

Teck Resources Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.0895 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.36 annualized dividend and a dividend yield of 0.88%. Teck Resources's payout ratio is 53.03%.

Institutional Trading of Teck Resources

Several institutional investors and hedge funds have recently made changes to their positions in TECK. Stonebridge Financial Group LLC purchased a new stake in Teck Resources in the fourth quarter valued at about $25,000. Global Trust Asset Management LLC purchased a new position in shares of Teck Resources in the 4th quarter valued at approximately $27,000. Eastern Bank purchased a new stake in Teck Resources during the 3rd quarter worth approximately $39,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Teck Resources in the third quarter worth $40,000. Finally, Bruce G. Allen Investments LLC increased its position in shares of Teck Resources by 77.4% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 878 shares of the basic materials company's stock valued at $46,000 after acquiring an additional 383 shares during the period. 78.06% of the stock is currently owned by institutional investors.

About Teck Resources

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.