Brokers Issue Forecasts for Nutrien's Q4 Earnings (TSE:NTR)

Nutrien Ltd. (TSE:NTR - Free Report) - Research analysts at Scotiabank issued their Q4 2024 earnings estimates for Nutrien in a research note issued on Wednesday, January 29th. Scotiabank analyst B. Isaacson forecasts that the company will earn $0.42 per share for the quarter. The consensus estimate for Nutrien's current full-year earnings is $5.34 per share.

NTR has been the subject of a number of other reports. Raymond James raised shares of Nutrien from a "hold" rating to a "moderate buy" rating in a report on Tuesday, December 3rd. Piper Sandler raised shares of Nutrien from a "strong sell" rating to a "strong-buy" rating in a report on Monday, January 13th. Barclays lowered shares of Nutrien from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 21st. Finally, UBS Group lowered shares of Nutrien from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 10th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of C$64.50.

Nutrien Stock Down 1.0 %

NTR traded down C$0.76 during trading hours on Thursday, reaching C$74.25. 1,746,918 shares of the stock traded hands, compared to its average volume of 1,650,569. The firm's fifty day simple moving average is C$68.96 and its two-hundred day simple moving average is C$67.01. The company has a market cap of C$36.74 billion, a price-to-earnings ratio of 33.60, a PEG ratio of 1.15 and a beta of 0.95. Nutrien has a fifty-two week low of C$60.74 and a fifty-two week high of C$83.14. 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 - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported C$0.53 EPS for the quarter, missing analysts' consensus estimates of C$0.59 by C($0.06). Nutrien had a net margin of 3.06% and a return on equity of 3.22%. During the same quarter in the previous year, the company posted $0.47 earnings per share.

Insider Transactions at Nutrien

In related news, Director Kenneth Alvin Seitz bought 10,490 shares of the business's stock in a transaction that occurred on Tuesday, December 24th. The stock was purchased at an average cost of C$64.04 per share, for a total transaction of C$671,779.60. Also, Senior Officer Mark Thompson purchased 490 shares of the stock in a transaction on Monday, November 18th. The stock was acquired at an average cost of C$63.99 per share, for a total transaction of C$31,355.10. Over the last three months, insiders bought 11,175 shares of company stock worth $716,056. 0.03% of the stock is owned by insiders.

Nutrien Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date was 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.