What is Zacks Research’s Estimate for Nutrien Q4 Earnings?

Nutrien Ltd. (NYSE:NTR) – Zacks Research reduced their Q4 2024 earnings estimates for shares of Nutrien in a research report issued to clients and investors on Tuesday, November 19th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $0.38 for the quarter, down from their previous forecast of $0.51. The consensus estimate for Nutrien’s current full-year earnings is $3.59 per share. Zacks Research also issued estimates for Nutrien’s Q1 2025 earnings at $0.31 EPS, Q2 2025 earnings at $1.97 EPS, Q4 2025 earnings at $0.72 EPS and FY2025 earnings at $3.54 EPS.

Nutrien (NYSE:NTR) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04). Nutrien had a return on equity of 6.99% and a net margin of 2.79%. The business had revenue of $5.35 billion during the quarter, compared to analysts’ expectations of $5.26 billion. During the same quarter in the previous year, the company posted $0.35 EPS. The company’s quarterly revenue was down 5.0% on a year-over-year basis.

Several other equities research analysts have also recently issued reports on the stock. Barclays lowered their price objective on shares of Nutrien from $68.00 to $55.00 and set an “overweight” rating for the company in a research report on Friday, August 16th. Mizuho cut their price target on shares of Nutrien from $55.00 to $52.00 and set a “neutral” rating on the stock in a research note on Thursday, August 8th. UBS Group downgraded shares of Nutrien from a “buy” rating to a “neutral” rating and decreased their target price for the company from $66.00 to $51.00 in a research report on Thursday, October 10th. Scotiabank dropped their target price on Nutrien from $66.00 to $59.00 and set a “sector outperform” rating on the stock in a research report on Monday, August 12th. Finally, HSBC lowered Nutrien from a “hold” rating to a “reduce” rating in a research note on Friday, August 2nd. Three analysts have rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $60.33.

Nutrien Trading Up 2.0 %

Shares of NTR opened at $46.81 on Thursday. Nutrien has a fifty-two week low of $44.65 and a fifty-two week high of $60.87. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.82 and a current ratio of 1.27. The company’s fifty day moving average is $48.00 and its 200 day moving average is $50.23. The stock has a market capitalization of $23.12 billion, a PE ratio of 31.42, a P/E/G ratio of 1.59 and a beta of 0.82.

Hedge Funds Weigh In On Nutrien

Several institutional investors have recently modified their holdings of NTR. Central Pacific Bank Trust Division acquired a new position in shares of Nutrien during the third quarter valued at $28,000. Family Firm Inc. purchased a new stake in shares of Nutrien during the second quarter valued at $32,000. Trust Co. of Vermont lifted its stake in Nutrien by 50.0% during the second quarter. Trust Co. of Vermont now owns 900 shares of the company’s stock valued at $46,000 after buying an additional 300 shares in the last quarter. Covestor Ltd lifted its position in shares of Nutrien by 33.3% in the 1st quarter. Covestor Ltd now owns 932 shares of the company’s stock valued at $50,000 after acquiring an additional 233 shares in the last quarter. Finally, Andra AP fonden acquired a new stake in shares of Nutrien in the second quarter worth $51,000. Institutional investors own 63.10% of the company’s stock.

Nutrien Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st will be given a $0.939 dividend. This is an increase from Nutrien’s previous quarterly dividend of $0.54. This represents a $3.76 dividend on an annualized basis and a dividend yield of 8.02%. The ex-dividend date of this dividend is Tuesday, December 31st. Nutrien’s dividend payout ratio (DPR) is presently 144.97%.

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.