Q1 EPS Estimates for Teck Resources Lifted by Zacks Research

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Stock analysts at Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for Teck Resources in a note issued to investors on Friday, April 17th. Zacks Research analyst Team now forecasts that the basic materials company will post earnings per share of $0.50 for the quarter, up from their previous forecast of $0.43. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Teck Resources’ current full-year earnings is $2.68 per share. Zacks Research also issued estimates for Teck Resources’ Q2 2026 earnings at $0.49 EPS, Q3 2026 earnings at $0.59 EPS, Q4 2026 earnings at $0.51 EPS, FY2026 earnings at $2.09 EPS, Q1 2027 earnings at $0.47 EPS, Q2 2027 earnings at $0.49 EPS, Q3 2027 earnings at $0.69 EPS, Q4 2027 earnings at $0.69 EPS and FY2027 earnings at $2.34 EPS.

A number of other research analysts have also commented on TECK. Raymond James Financial lowered Teck Resources from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 14th. Citigroup raised Teck Resources from a “neutral” rating to a “buy” rating in a report on Monday, February 2nd. Truist Financial set a $67.00 price target on Teck Resources in a report on Monday, February 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Teck Resources in a report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $62.00 price target on shares of Teck Resources in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $59.67.

Teck Resources Price Performance

Shares of NYSE TECK opened at $59.13 on Tuesday. Teck Resources has a 1-year low of $30.98 and a 1-year high of $62.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.54 and a quick ratio of 1.91. The business’s fifty day moving average price is $54.58 and its two-hundred day moving average price is $49.13. The firm has a market capitalization of $28.50 billion, a PE ratio of 29.27, a P/E/G ratio of 3.01 and a beta of 0.85.

Teck Resources (NYSE:TECK) (TSE:TECK) last issued its earnings results on Thursday, February 19th. The basic materials company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.39. Teck Resources had a return on equity of 5.90% and a net margin of 12.98%.The firm had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same period last year, the company earned $0.45 earnings per share. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis.

Teck Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, March 13th. Teck Resources’s dividend payout ratio (DPR) is 18.32%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TECK. Norges Bank acquired a new position in shares of Teck Resources during the fourth quarter valued at $404,880,000. Principal Financial Group Inc. grew its holdings in Teck Resources by 36.1% during the third quarter. Principal Financial Group Inc. now owns 16,879,229 shares of the basic materials company’s stock worth $740,604,000 after acquiring an additional 4,474,637 shares during the period. Wellington Management Group LLP grew its holdings in Teck Resources by 264.5% during the third quarter. Wellington Management Group LLP now owns 5,781,060 shares of the basic materials company’s stock worth $253,695,000 after acquiring an additional 4,194,868 shares during the period. Pentwater Capital Management LP grew its holdings in Teck Resources by 124.1% during the fourth quarter. Pentwater Capital Management LP now owns 6,500,000 shares of the basic materials company’s stock worth $311,285,000 after acquiring an additional 3,600,000 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Teck Resources during the fourth quarter worth about $169,999,000. 78.06% of the stock is owned by institutional investors and hedge funds.

More Teck Resources News

Here are the key news stories impacting Teck Resources this week:

• Positive Sentiment: Zacks Research raised multiple near‑term and medium‑term EPS forecasts (including Q1–Q3 2026 and several 2027 quarters) and lifted FY2026 and FY2027 estimates (FY2026 to $2.09; FY2027 to $2.34). Zacks also holds a “Strong‑Buy” rating — a clear catalyst for buying interest as it boosts earnings visibility.
• Positive Sentiment: Notable single‑quarter upgrades from Zacks include bigger raises to Q2 2026 (to $0.49 from $0.41) and Q3 2026 (to $0.59 from $0.52), which suggest analysts expect stronger commodity pricing or operational performance in upcoming quarters.
• Neutral Sentiment: Scotiabank raised its FY2026 EPS view materially (to $3.09 from $2.76) but kept a “Sector Perform” rating — the EPS revision is supportive, but the neutral/benchmark stance tempers the bullish signal.
• Neutral Sentiment: Third‑party comparison coverage (survey/comparison piece) is circulating but does not add new company‑specific catalysts. Comparison Article
• Negative Sentiment: Offsetting the positive revisions, Zacks slightly trimmed its Q4 2026 estimate (to $0.51 from $0.53). While small, this cut signals some near‑term uncertainty and could limit upside until quarterly results confirm the higher forecasts.

About Teck Resources

Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects.

The company’s operations and projects are located across multiple geographies, with a significant presence in western Canada and North America and additional exploration and development activities in Latin America.