FY2025 Earnings Forecast for Nutrien Issued By Raymond James

Nutrien Ltd. (NYSE:NTR - Free Report) - Equities research analysts at Raymond James boosted their FY2025 EPS estimates for Nutrien in a report released on Tuesday, December 3rd. Raymond James analyst S. Hansen now anticipates that the company will earn $3.62 per share for the year, up from their previous forecast of $3.51. Raymond James has a "Outperform" rating and a $60.00 price objective on the stock. The consensus estimate for Nutrien's current full-year earnings is $3.54 per share.

Nutrien (NYSE:NTR - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.04). Nutrien had a return on equity of 6.99% and a net margin of 2.79%. The company had revenue of $5.35 billion for the quarter, compared to analyst estimates of $5.26 billion. During the same quarter in the prior year, the business earned $0.35 earnings per share. Nutrien's revenue was down 5.0% compared to the same quarter last year.

Other research analysts have also issued research reports about the company. Royal Bank of Canada reaffirmed an "outperform" rating and set a $60.00 price target on shares of Nutrien in a research report on Friday, September 20th. Wells Fargo & Company cut shares of Nutrien from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $62.00 to $50.00 in a report on Tuesday, September 24th. The Goldman Sachs Group cut shares of Nutrien from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $69.00 to $53.00 in a research note on Tuesday, September 10th. Barclays dropped their price objective on shares of Nutrien from $68.00 to $55.00 and set an "overweight" rating on the stock in a research note on Friday, August 16th. Finally, TD Securities decreased their target price on shares of Nutrien from $63.00 to $61.00 and set a "buy" rating for the company in a research note on Tuesday, November 12th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $60.06.

Nutrien Stock Performance

Shares of NTR traded down $0.15 during midday trading on Friday, reaching $47.93. 1,544,052 shares of the stock were exchanged, compared to its average volume of 1,993,113. Nutrien has a twelve month low of $44.65 and a twelve month high of $60.87. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.27 and a quick ratio of 0.82. The company has a market capitalization of $23.67 billion, a price-to-earnings ratio of 32.17, a PEG ratio of 1.70 and a beta of 0.80. The business's 50-day moving average price is $47.96 and its 200 day moving average price is $49.56.

Nutrien Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Tuesday, December 31st will be paid a $0.939 dividend. This is a boost from Nutrien's previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.76 annualized dividend and a dividend yield of 7.84%. Nutrien's dividend payout ratio (DPR) is 144.97%.

Institutional Trading of Nutrien

A number of institutional investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of Nutrien during the 3rd quarter worth approximately $2,237,000. Virtu Financial LLC acquired a new position in Nutrien during the third quarter worth $815,000. TD Private Client Wealth LLC boosted its position in Nutrien by 4.1% during the third quarter. TD Private Client Wealth LLC now owns 43,610 shares of the company's stock worth $2,098,000 after purchasing an additional 1,717 shares in the last quarter. Toronto Dominion Bank grew its holdings in Nutrien by 11.9% in the third quarter. Toronto Dominion Bank now owns 4,220,354 shares of the company's stock valued at $202,830,000 after purchasing an additional 447,413 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Nutrien by 9.4% in the third quarter. Geode Capital Management LLC now owns 2,319,603 shares of the company's stock valued at $112,454,000 after buying an additional 198,620 shares in the last quarter. Hedge funds and other institutional investors own 63.10% of the company's stock.

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.