Nutrien Ltd. (TSE:NTR) Director Keith Martell Purchases 1,250 Shares of Stock

Nutrien Ltd. (TSE:NTR) Director Keith Martell bought 1,250 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The shares were bought at an average price of C$65.23 per share, with a total value of C$81,537.50.

Nutrien Price Performance

TSE:NTR opened at C$64.94 on Friday. 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 company has a 50-day moving average of C$65.68 and a 200-day moving average of C$70.84. Nutrien Ltd. has a 52 week low of C$60.74 and a 52 week high of C$86.14. The company has a market capitalization of C$32.13 billion, a price-to-earnings ratio of 30.06, a PEG ratio of 0.36 and a beta of 0.96.

Nutrien (TSE:NTR) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$3.18 EPS for the quarter, topping analysts’ consensus estimates of C$2.87 by C$0.31. Nutrien had a net margin of 3.06% and a return on equity of 3.22%. The firm had revenue of C$13.90 billion during the quarter, compared to analysts’ expectations of C$14.92 billion. As a group, equities research analysts anticipate that Nutrien Ltd. will post 5.4593886 earnings per share for the current fiscal year.

Nutrien Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Friday, September 27th will be paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 3.33%. The ex-dividend date of this dividend is Friday, September 27th. Nutrien’s dividend payout ratio is 137.96%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on NTR shares. Hsbc Global Res upgraded shares of Nutrien to a “moderate sell” rating in a report on Friday, August 2nd. Mizuho raised Nutrien from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 16th. Finally, The Goldman Sachs Group downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 10th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Nutrien has an average rating of “Hold” and an average target price of C$64.33.

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.