Analysts Set Expectations for Teck Resources Q1 Earnings

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Equities researchers at Paradigm Capital upped their Q1 2026 EPS estimates for Teck Resources in a research note issued on Thursday, October 16th. Paradigm Capital analyst G. Lawson now forecasts that the basic materials company will earn $0.47 per share for the quarter, up from their previous estimate of $0.46. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. Paradigm Capital also issued estimates for Teck Resources’ Q3 2026 earnings at $0.86 EPS, Q4 2026 earnings at $0.63 EPS and FY2026 earnings at $2.36 EPS.

Teck Resources (NYSE:TECK) (TSE:TECK) last issued its quarterly earnings data on Thursday, July 24th. The basic materials company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.07. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $2.25 billion. Teck Resources had a net margin of 2.51% and a return on equity of 3.91%. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.79 earnings per share.

A number of other research analysts also recently weighed in on TECK. Canaccord Genuity Group downgraded shares of Teck Resources from a “buy” rating to a “hold” rating in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Teck Resources from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research report on Monday, September 8th. Benchmark lowered their price objective on shares of Teck Resources from $55.00 to $48.00 and set a “buy” rating on the stock in a research report on Monday, July 28th. Cibc World Mkts downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 25th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Teck Resources in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $54.00.

Teck Resources Stock Up 2.2%

Shares of Teck Resources stock opened at $44.30 on Monday. The company has a market cap of $21.28 billion, a price-to-earnings ratio of 116.59, a price-to-earnings-growth ratio of 0.63 and a beta of 0.92. The company’s 50 day moving average is $38.39 and its 200 day moving average is $36.93. Teck Resources has a twelve month low of $28.32 and a twelve month high of $51.34. The company has a quick ratio of 2.45, a current ratio of 3.47 and a debt-to-equity ratio of 0.15.

Teck Resources Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were given a $0.0918 dividend. The ex-dividend date was Monday, September 15th. This is a boost from Teck Resources’s previous quarterly dividend of $0.09. This represents a $0.37 annualized dividend and a yield of 0.8%. Teck Resources’s payout ratio is 94.74%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC increased its stake in shares of Teck Resources by 69.2% in the first quarter. Smartleaf Asset Management LLC now owns 856 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 350 shares in the last quarter. Costello Asset Management INC purchased a new stake in shares of Teck Resources in the first quarter worth $33,000. Banque Cantonale Vaudoise purchased a new stake in shares of Teck Resources in the first quarter worth $36,000. Golden State Wealth Management LLC increased its stake in shares of Teck Resources by 7,560.0% in the first quarter. Golden State Wealth Management LLC now owns 1,149 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 1,134 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Teck Resources in the second quarter worth $49,000. 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.