FY2024 EPS Estimates for Nutrien Decreased by Zacks Research

Nutrien Ltd. (TSE:NTR) – Equities research analysts at Zacks Research cut their FY2024 earnings per share estimates for shares of Nutrien in a report released on Tuesday, November 19th. Zacks Research analyst M. Agrawal now anticipates that the company will earn $4.92 per share for the year, down from their prior estimate of $5.11. The consensus estimate for Nutrien’s current full-year earnings is $5.34 per share. Zacks Research also issued estimates for Nutrien’s Q3 2025 earnings at $0.75 EPS.

NTR has been the subject of several other research reports. Wells Fargo & Company lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. Hsbc Global Res upgraded Nutrien to a “moderate sell” rating in a research note on Friday, August 2nd. The Goldman Sachs Group cut Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 10th. Finally, UBS Group cut Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of C$64.50.

Nutrien Stock Performance

TSE:NTR opened at C$65.61 on Friday. The company has a market capitalization of C$32.46 billion, a P/E ratio of 29.69, a P/E/G ratio of 1.15 and a beta of 0.95. Nutrien has a 1 year low of C$60.74 and a 1 year 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. The business has a fifty day simple moving average of C$65.67 and a two-hundred day simple moving average of C$68.98.

Nutrien Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be issued a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend is Tuesday, December 31st. Nutrien’s dividend payout ratio is currently 132.13%.

Insiders Place Their Bets

In other Nutrien news, Senior Officer Mark Thompson acquired 490 shares of the stock in a transaction dated Monday, November 18th. The shares were bought at an average price of C$63.99 per share, with a total value of C$31,355.10. Also, Director Keith Martell acquired 1,250 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The shares were acquired at an average cost of C$65.23 per share, for a total transaction of C$81,537.50. Over the last three months, insiders have bought 8,900 shares of company stock valued at $572,331. 0.03% of the stock is currently owned by insiders.

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.