Keith Martell Acquires 1,250 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) Director Keith Martell acquired 1,250 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were bought at an average price of C$65.23 per share, for a total transaction of C$81,537.50.

Nutrien Trading Down 1.6 %

Shares of Nutrien stock opened at C$63.87 on Friday. The stock has a market cap of C$31.60 billion, a PE ratio of 29.30, a price-to-earnings-growth ratio of 0.36 and a beta of 0.96. The firm has a fifty day moving average price of C$65.60 and a 200 day moving average price of C$70.80. Nutrien Ltd. has a 1 year low of C$60.74 and a 1 year high of C$85.66. The company has a debt-to-equity ratio of 53.14, a current ratio of 1.26 and a quick ratio of 0.65.

Nutrien (TSE:NTR) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$3.18 earnings per share for the quarter, beating analysts’ consensus estimates of C$2.87 by C$0.31. The business had revenue of C$13.90 billion during the quarter, compared to analyst estimates of C$14.92 billion. Nutrien had a return on equity of 3.22% and a net margin of 3.06%. Equities research analysts predict that Nutrien Ltd. will post 5.4173028 earnings per share for the current year.

Nutrien Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Friday, September 27th will be issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date is Friday, September 27th. Nutrien’s payout ratio is presently 136.70%.

Analyst Ratings Changes

Several analysts have weighed in on NTR shares. Hsbc Global Res raised shares of Nutrien to a “moderate sell” rating in a research report on Friday, August 2nd. Mizuho raised shares of Nutrien from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 16th. Finally, The Goldman Sachs Group lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 10th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of C$64.33.

About Nutrien

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.