Raymond James Brokers Lower Earnings Estimates for Nutrien Ltd. (NYSE:NTR)

Nutrien Ltd. (NYSE:NTR) – Analysts at Raymond James decreased their FY2025 EPS estimates for shares of Nutrien in a report issued on Friday, June 14th. Raymond James analyst S. Hansen now anticipates that the company will post earnings of $4.27 per share for the year, down from their previous forecast of $4.28. The consensus estimate for Nutrien’s current full-year earnings is $3.90 per share.

Nutrien (NYSE:NTR) last posted its earnings results on Wednesday, May 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.11. Nutrien had a net margin of 3.01% and a return on equity of 7.31%. The firm had revenue of $5.39 billion during the quarter, compared to analysts’ expectations of $5.38 billion.

A number of other equities analysts have also recently weighed in on the stock. HSBC reduced their price objective on shares of Nutrien from $63.00 to $57.00 and set a “hold” rating for the company in a research report on Friday, March 8th. Berenberg Bank upgraded shares of Nutrien from a “hold” rating to a “buy” rating and increased their target price for the company from $60.00 to $66.00 in a research report on Monday, April 29th. Jefferies Financial Group started coverage on shares of Nutrien in a research report on Tuesday, March 26th. They issued a “buy” rating and a $62.00 target price for the company. TD Securities dropped their price objective on shares of Nutrien from $75.00 to $67.00 and set a “buy” rating for the company in a report on Tuesday, February 20th. Finally, Wolfe Research started coverage on shares of Nutrien in a report on Friday, March 1st. They issued an “outperform” rating and a $66.00 price objective for the company. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Nutrien has a consensus rating of “Hold” and a consensus price target of $66.28.

Nutrien Stock Performance

NYSE:NTR opened at $51.22 on Monday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.53 and a current ratio of 1.15. The company has a fifty day moving average of $55.29 and a two-hundred day moving average of $53.90. The stock has a market capitalization of $25.33 billion, a PE ratio of 29.95, a P/E/G ratio of 1.64 and a beta of 0.87. Nutrien has a fifty-two week low of $47.90 and a fifty-two week high of $69.12.

Institutional Trading of Nutrien

Several hedge funds have recently made changes to their positions in the business. GoalVest Advisory LLC acquired a new stake in Nutrien in the first quarter valued at approximately $35,000. Exchange Traded Concepts LLC raised its holdings in Nutrien by 904.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 753 shares of the company’s stock worth $42,000 after purchasing an additional 678 shares in the last quarter. Evolution Advisers Inc. acquired a new stake in Nutrien during the fourth quarter worth approximately $49,000. Covestor Ltd raised its holdings in Nutrien by 33.3% during the first quarter. Covestor Ltd now owns 932 shares of the company’s stock worth $50,000 after purchasing an additional 233 shares in the last quarter. Finally, CVA Family Office LLC acquired a new stake in Nutrien during the fourth quarter worth approximately $57,000. Institutional investors and hedge funds own 63.10% of the company’s stock.

Nutrien Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 19th. Stockholders of record on Friday, June 28th will be given a dividend of $0.54 per share. The ex-dividend date is Friday, June 28th. This represents a $2.16 annualized dividend and a dividend yield of 4.22%. Nutrien’s dividend payout ratio is presently 126.32%.

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.