Q1 EPS Estimates for Teck Resources Lifted by Zacks Research

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Equities research analysts at Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for shares of Teck Resources in a report issued on Friday, April 17th. Zacks Research analyst Team now forecasts that the basic materials company will earn $0.50 per share for the quarter, up from their prior 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.

Teck Resources (NYSE:TECK) (TSE:TECK) last released its earnings results on Thursday, February 19th. The basic materials company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.59 by $0.39. The company had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Teck Resources had a return on equity of 5.90% and a net margin of 12.98%.The business’s revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.45 EPS.

Several other research firms have also recently commented on TECK. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $62.00 target price on shares of Teck Resources in a research note on Wednesday, April 15th. Truist Financial set a $67.00 target price on Teck Resources in a research note on Monday, February 23rd. TD Securities reiterated a “hold” rating on shares of Teck Resources in a research note on Monday, February 23rd. Benchmark increased their target price on Teck Resources from $48.00 to $67.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Finally, Scotiabank reiterated a “sector perform” rating on shares of Teck Resources in a research note on Tuesday, April 14th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $59.67.

Teck Resources Stock Performance

Teck Resources stock opened at $59.13 on Tuesday. The stock has a market cap of $28.50 billion, a P/E ratio of 29.27, a price-to-earnings-growth ratio of 3.01 and a beta of 0.85. The company has a current ratio of 2.54, a quick ratio of 1.91 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average of $54.58 and a 200-day moving average of $49.13. Teck Resources has a 52 week low of $30.98 and a 52 week high of $62.41.

Hedge Funds Weigh In On Teck Resources

Several large investors have recently added to or reduced their stakes in the company. Welch Group LLC lifted its stake in Teck Resources by 3.5% during the fourth quarter. Welch Group LLC now owns 5,899 shares of the basic materials company’s stock worth $283,000 after purchasing an additional 199 shares during the last quarter. ASR Vermogensbeheer N.V. increased its position in Teck Resources by 1.6% in the third quarter. ASR Vermogensbeheer N.V. now owns 16,721 shares of the basic materials company’s stock worth $734,000 after buying an additional 270 shares during the period. Compound Planning Inc. increased its position in Teck Resources by 1.0% in the fourth quarter. Compound Planning Inc. now owns 32,266 shares of the basic materials company’s stock worth $1,545,000 after buying an additional 333 shares during the period. Smartleaf Asset Management LLC increased its position in Teck Resources by 72.4% in the third quarter. Smartleaf Asset Management LLC now owns 836 shares of the basic materials company’s stock worth $37,000 after buying an additional 351 shares during the period. Finally, CWM LLC increased its position in Teck Resources by 22.7% in the third quarter. CWM LLC now owns 2,078 shares of the basic materials company’s stock worth $91,000 after buying an additional 384 shares during the period. 78.06% of the stock is currently owned by institutional investors.

Teck Resources Dividend Announcement

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

Trending Headlines about Teck Resources

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.