Nutrien (NTR) Scheduled to Post Quarterly Earnings on Wednesday

Nutrien (TSE:NTR) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Nutrien to post earnings of C$0.59 per share for the quarter.

Nutrien (TSE:NTR) last announced its quarterly earnings data 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. The firm had revenue of C$13.90 billion during the quarter, compared to analyst estimates of C$14.92 billion. Nutrien had a return on equity of 3.22% and a net margin of 3.06%.

Nutrien Price Performance

Shares of NTR opened at C$70.56 on Tuesday. The business’s 50-day moving average is C$65.27 and its 200-day moving average is C$69.46. 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 company has a market capitalization of C$34.91 billion, a price-to-earnings ratio of 31.93, a P/E/G ratio of 1.15 and a beta of 0.95. Nutrien has a fifty-two week low of C$60.74 and a fifty-two week high of C$83.14.

Nutrien Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, September 27th were given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 3.06%. The ex-dividend date of this dividend was Friday, September 27th. Nutrien’s payout ratio is currently 132.13%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Mizuho upgraded shares of Nutrien from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 16th. Wells Fargo & Company cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. The Goldman Sachs Group cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 10th. UBS Group cut Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th. Finally, Hsbc Global Res raised Nutrien to a “moderate sell” rating in a report on Friday, August 2nd. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, Nutrien has a consensus rating of “Hold” and a consensus price target of C$64.50.

Insider Buying and Selling

In other Nutrien news, Senior Officer Mark Thompson acquired 630 shares of the company’s stock in a transaction dated Friday, August 9th. The stock was bought at an average price of C$62.61 per share, for a total transaction of C$39,444.30. In related news, Senior Officer Mark Thompson acquired 630 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were bought at an average cost of C$62.61 per share, with a total value of C$39,444.30. Also, Director Keith Martell purchased 1,250 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The stock was bought at an average cost of C$65.23 per share, for a total transaction of C$81,537.50. Insiders bought a total of 12,710 shares of company stock valued at $814,824 over the last ninety days. 0.03% of the stock is owned by company insiders.

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.