Q4 Earnings Estimate for Nutrien Issued By Scotiabank

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

Nutrien (TSE:NTR - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.59 by C($0.06). Nutrien had a return on equity of 3.22% and a net margin of 3.06%. During the same quarter in the previous year, the company posted $0.47 earnings per share.

Several other research firms also recently weighed in on NTR. Raymond James upgraded Nutrien from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, December 3rd. UBS Group cut Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 10th. Piper Sandler upgraded Nutrien from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, January 13th. Finally, Barclays cut shares of Nutrien from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 21st. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of C$64.50.

Nutrien Stock Performance

Shares of Nutrien stock traded down C$0.87 on Thursday, hitting C$75.75. 598,367 shares of the company's stock were exchanged, compared to its average volume of 1,617,441. Nutrien has a 1 year low of C$60.74 and a 1 year high of C$83.14. The company has a 50-day simple moving average of C$68.50 and a 200-day simple moving average of C$66.92. 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 stock has a market capitalization of C$37.48 billion, a PE ratio of 34.28, a PEG ratio of 1.15 and a beta of 0.95.

Insider Transactions at Nutrien

In related news, Director Kenneth Alvin Seitz purchased 10,490 shares of the company's stock in a transaction that occurred on Tuesday, December 24th. The stock was bought at an average price of C$64.04 per share, for a total transaction of C$671,779.60. Also, Senior Officer Mark Thompson acquired 490 shares of Nutrien stock in a transaction on Monday, November 18th. The shares were bought 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 have bought 11,175 shares of company stock valued at $716,056. 0.03% of the stock is currently owned by insiders.

Nutrien Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.85%. Nutrien's payout ratio is 132.13%.

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.