Analysts Offer Predictions for Nutrien FY2024 Earnings

Nutrien Ltd. (TSE:NTR) – Investment analysts at Zacks Research reduced their FY2024 earnings per share estimates for shares of Nutrien in a research note issued on Tuesday, November 19th. Zacks Research analyst M. Agrawal now anticipates that the company will post earnings per share of $4.92 for the year, down from their previous 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.

Other equities analysts have also issued research reports about the company. Wells Fargo & Company lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. The Goldman Sachs Group cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 10th. UBS Group cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 10th. Finally, Hsbc Global Res raised shares of Nutrien to a “moderate sell” rating in a research note on Friday, August 2nd. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of C$64.50.

Nutrien Stock Up 0.2 %

Shares of TSE:NTR opened at C$65.61 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. Nutrien has a 52-week low of C$60.74 and a 52-week high of C$83.14. The firm 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. The stock has a 50 day moving average price of C$65.67 and a 200-day moving average price of C$68.96.

Insider Activity

In other news, Senior Officer Mark Thompson purchased 3,350 shares of the stock in a transaction dated Wednesday, August 28th. The shares were purchased at an average cost of C$64.49 per share, with a total value of C$216,041.50. Also, Director Keith Martell acquired 1,250 shares of Nutrien stock in a transaction that occurred on Thursday, September 19th. The shares were purchased at an average price of C$65.23 per share, with a total value of C$81,537.50. Insiders have acquired a total of 8,900 shares of company stock valued at $572,331 over the last ninety days. 0.03% of the stock is currently owned by corporate insiders.

Nutrien Announces 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 paid a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 3.29%. The ex-dividend date is Tuesday, December 31st. Nutrien’s dividend payout ratio is currently 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.