Q3 Earnings Forecast for Teck Resources Issued By Scotiabank

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Investment analysts at Scotiabank dropped their Q3 2025 earnings per share estimates for shares of Teck Resources in a research report issued to clients and investors on Tuesday, October 14th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will post earnings of $0.37 per share for the quarter, down from their prior forecast of $0.50. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. Scotiabank also issued estimates for Teck Resources’ Q4 2025 earnings at $0.26 EPS, FY2025 earnings at $1.31 EPS, Q1 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.56 EPS, FY2026 earnings at $1.83 EPS, Q1 2027 earnings at $0.51 EPS, Q2 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.51 EPS, FY2027 earnings at $1.93 EPS and FY2029 earnings at $1.62 EPS.

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

Several other equities analysts also recently commented on TECK. Benchmark dropped their price objective on Teck Resources from $55.00 to $48.00 and set a “buy” rating on the stock in a research note on Monday, July 28th. Royal Bank Of Canada dropped their price objective on Teck Resources from $82.00 to $67.00 and set an “outperform” rating on the stock in a research note on Friday, July 25th. CIBC downgraded Teck Resources from a “sector outperform” rating to a “neutral” rating in a research note on Friday, July 25th. Veritas cut shares of Teck Resources from a “hold” rating to a “strong sell” rating in a report on Tuesday. Finally, Raymond James Financial reissued an “outperform” rating on shares of Teck Resources in a report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $54.00.

Teck Resources Price Performance

Teck Resources stock opened at $44.26 on Friday. Teck Resources has a 12 month low of $28.32 and a 12 month high of $51.48. The company has a current ratio of 3.47, a quick ratio of 2.45 and a debt-to-equity ratio of 0.15. The business’s 50 day simple moving average is $37.94 and its 200 day simple moving average is $36.77. The company has a market cap of $21.26 billion, a price-to-earnings ratio of 116.48, a PEG ratio of 0.62 and a beta of 0.92.

Teck Resources Increases Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Sequoia Financial Advisors LLC increased its holdings in shares of Teck Resources by 5.6% in the first quarter. Sequoia Financial Advisors LLC now owns 10,354 shares of the basic materials company’s stock worth $377,000 after purchasing an additional 545 shares during the period. Golden State Wealth Management LLC increased its holdings 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 during the period. Cetera Investment Advisers increased its holdings in shares of Teck Resources by 20.9% in the first quarter. Cetera Investment Advisers now owns 69,885 shares of the basic materials company’s stock worth $2,546,000 after purchasing an additional 12,092 shares during the period. Oppenheimer Asset Management Inc. increased its holdings in shares of Teck Resources by 22.6% in the first quarter. Oppenheimer Asset Management Inc. now owns 12,141 shares of the basic materials company’s stock worth $442,000 after purchasing an additional 2,240 shares during the period. Finally, Wellington Management Group LLP increased its holdings in shares of Teck Resources by 1,611.2% in the first quarter. Wellington Management Group LLP now owns 751,146 shares of the basic materials company’s stock worth $27,358,000 after purchasing an additional 707,249 shares during the period. Institutional investors own 78.06% of the company’s stock.

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.