Zacks Research Weighs in on Nutrien’s Q4 Earnings (TSE:NTR)

Nutrien Ltd. (TSE:NTR) – Equities researchers at Zacks Research reduced their Q4 2024 earnings per share (EPS) estimates for shares of Nutrien in a research note issued on Tuesday, November 19th. Zacks Research analyst M. Agrawal now forecasts that the company will post earnings per share of $0.53 for the quarter, down from their previous estimate of $0.69. The consensus estimate for Nutrien’s current full-year earnings is $5.34 per share. Zacks Research also issued estimates for Nutrien’s Q1 2025 earnings at $0.43 EPS, Q2 2025 earnings at $2.74 EPS, Q4 2025 earnings at $1.00 EPS and FY2025 earnings at $4.93 EPS.

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

Nutrien Price Performance

Shares of TSE:NTR opened at C$65.45 on Thursday. The firm has a market cap of C$32.38 billion, a price-to-earnings ratio of 29.62, a P/E/G ratio of 1.15 and a beta of 0.95. The firm has a fifty day moving average price of C$65.61 and a 200 day moving average price of C$69.04. Nutrien has a fifty-two week low of C$60.74 and a fifty-two week high of C$83.14. The company has a debt-to-equity ratio of 53.14, a quick ratio of 0.65 and a current ratio of 1.26.

Insider Transactions at Nutrien

In other Nutrien news, Senior Officer Mark Thompson bought 3,155 shares of the company’s stock in a transaction on Wednesday, September 25th. The stock was acquired at an average price of C$63.79 per share, for a total transaction of C$201,257.45. Also, Director Keith Martell bought 1,250 shares of the business’s stock in a transaction dated 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. In the last 90 days, insiders purchased 8,900 shares of company stock worth $572,331. 0.03% of the stock is currently owned by company insiders.

Nutrien Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st will be paid a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 3.30%. The ex-dividend date of this dividend is Tuesday, December 31st. 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.