Zacks Research Issues Negative Estimate for Nutrien Earnings

Nutrien Ltd. (TSE:NTR) – Equities research analysts at Zacks Research reduced their Q4 2024 earnings per share estimates for shares of Nutrien in a report issued on Tuesday, November 19th. Zacks Research analyst M. Agrawal now forecasts that the company will post earnings of $0.53 per share for the quarter, down from their previous estimate of $0.69. The consensus estimate for Nutrien’s current full-year earnings is $5.34 per share. Zacks Research also issued estimates for Nutrien’s Q1 2025 earnings at $0.43 EPS, Q2 2025 earnings at $2.74 EPS, Q4 2025 earnings at $1.00 EPS and FY2025 earnings at $4.93 EPS.

NTR has been the topic of a number of other reports. Wells Fargo & Company lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 24th. Hsbc Global Res raised Nutrien to a “moderate sell” rating in a research note on Friday, August 2nd. The Goldman Sachs Group lowered Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 10th. Finally, UBS Group downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 10th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of C$64.50.

Nutrien Stock Performance

Shares of NTR opened at C$64.17 on Thursday. The firm has a market cap of C$31.75 billion, a P/E ratio of 29.04, a PEG ratio of 1.15 and a beta of 0.95. Nutrien has a twelve month low of C$60.74 and a twelve month high of C$83.14. The company has a debt-to-equity ratio of 53.14, a quick ratio of 0.65 and a current ratio of 1.26. The firm’s 50 day moving average price is C$65.56 and its two-hundred day moving average price is C$69.07.

Insider Activity at Nutrien

In other news, Senior Officer Mark Thompson purchased 490 shares of the business’s stock in a transaction on Monday, November 18th. The stock was purchased at an average price of C$63.99 per share, for a total transaction of C$31,355.10. Also, Director Keith Martell acquired 1,250 shares of the stock in a transaction dated Thursday, September 19th. The shares were purchased at an average price of C$65.23 per share, for a total transaction of C$81,537.50. Over the last quarter, insiders have purchased 8,900 shares of company stock valued at $572,331. 0.03% of the stock is owned by insiders.

Nutrien Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st will be issued a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 3.37%. The ex-dividend date is Tuesday, December 31st. Nutrien’s payout ratio is 132.13%.

Nutrien Company Profile

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.