Nutrien Ltd. (NYSE:NTR – Free Report) – Stock analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Nutrien in a research report issued on Monday, February 24th. Scotiabank analyst B. Isaacson forecasts that the company will post earnings per share of $4.26 for the year. Scotiabank currently has a “Sector Outperform” rating and a $62.00 price objective on the stock. The consensus estimate for Nutrien’s current full-year earnings is $3.72 per share.
Nutrien (NYSE:NTR – Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.09). The firm had revenue of $5.08 billion for the quarter, compared to analyst estimates of $5.09 billion. Nutrien had a return on equity of 6.81% and a net margin of 2.62%.
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Nutrien Stock Down 0.2 %
Shares of NYSE NTR opened at $52.42 on Thursday. The company has a market capitalization of $25.64 billion, a P/E ratio of 38.26, a P/E/G ratio of 1.19 and a beta of 0.81. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.27 and a quick ratio of 0.82. The company has a 50 day simple moving average of $50.15 and a 200-day simple moving average of $48.45. Nutrien has a 1 year low of $43.69 and a 1 year high of $60.87.
Hedge Funds Weigh In On Nutrien
Hedge funds and other institutional investors have recently made changes to their positions in the stock. International Assets Investment Management LLC purchased a new position in Nutrien in the third quarter worth approximately $2,296,000. Assenagon Asset Management S.A. lifted its position in shares of Nutrien by 17.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 20,563 shares of the company’s stock worth $989,000 after purchasing an additional 3,120 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Nutrien by 6.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,309 shares of the company’s stock worth $207,000 after purchasing an additional 263 shares in the last quarter. Farmers & Merchants Investments Inc. increased its holdings in Nutrien by 28.3% in the third quarter. Farmers & Merchants Investments Inc. now owns 2,536 shares of the company’s stock valued at $122,000 after buying an additional 560 shares during the last quarter. Finally, Pathway Financial Advisers LLC raised its stake in Nutrien by 10.4% in the third quarter. Pathway Financial Advisers LLC now owns 30,688 shares of the company’s stock valued at $1,475,000 after buying an additional 2,884 shares in the last quarter. Hedge funds and other institutional investors own 63.10% of the company’s stock.
Nutrien Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.545 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.18 annualized dividend and a yield of 4.16%. Nutrien’s dividend payout ratio (DPR) is 159.12%.
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.
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