FY2025 Earnings Estimate for Nutrien Issued By Raymond James

Nutrien Ltd. (NYSE:NTR) – Equities researchers at Raymond James upped their FY2025 earnings per share estimates for shares of Nutrien in a research report issued on Tuesday, December 3rd. Raymond James analyst S. Hansen now forecasts that the company will earn $3.62 per share for the year, up from their prior estimate of $3.51. Raymond James currently has a “Outperform” rating and a $60.00 target price on the stock. The consensus estimate for Nutrien’s current full-year earnings is $3.56 per share.

Nutrien (NYSE:NTR) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04). The business had revenue of $5.35 billion for the quarter, compared to analysts’ expectations of $5.26 billion. Nutrien had a return on equity of 6.99% and a net margin of 2.79%. The business’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.35 earnings per share.

NTR has been the subject of a number of other reports. Barclays lowered their price target on Nutrien from $68.00 to $55.00 and set an “overweight” rating for the company in a report on Friday, August 16th. TD Securities lowered their target price on Nutrien from $63.00 to $61.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. Wells Fargo & Company cut Nutrien from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $62.00 to $50.00 in a report on Tuesday, September 24th. Scotiabank lowered their target price on Nutrien from $66.00 to $59.00 and set a “sector outperform” rating for the company in a report on Monday, August 12th. Finally, BMO Capital Markets lowered their target price on Nutrien from $80.00 to $75.00 and set an “outperform” rating for the company in a report on Friday, August 9th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $60.06.

Nutrien Stock Performance

NYSE NTR opened at $47.93 on Friday. The stock has a market cap of $23.67 billion, a PE ratio of 32.17, a P/E/G ratio of 1.71 and a beta of 0.80. The company has a current ratio of 1.27, a quick ratio of 0.82 and a debt-to-equity ratio of 0.38. Nutrien has a twelve month low of $44.65 and a twelve month high of $60.87. The stock has a fifty day simple moving average of $47.96 and a 200-day simple moving average of $49.56.

Institutional Investors Weigh In On Nutrien

Hedge funds and other institutional investors have recently made changes to their positions in the business. Goodman Financial Corp raised its position in shares of Nutrien by 4.6% during the 3rd quarter. Goodman Financial Corp now owns 253,860 shares of the company’s stock worth $12,201,000 after acquiring an additional 11,058 shares in the last quarter. CORDA Investment Management LLC. raised its position in shares of Nutrien by 7.0% during the 3rd quarter. CORDA Investment Management LLC. now owns 494,745 shares of the company’s stock worth $23,777,000 after acquiring an additional 32,541 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Nutrien by 10.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,742,351 shares of the company’s stock worth $83,812,000 after acquiring an additional 157,932 shares in the last quarter. Manning & Napier Advisors LLC acquired a new stake in shares of Nutrien during the 2nd quarter worth about $2,639,000. Finally, Cardinal Capital Management Inc. raised its position in shares of Nutrien by 4.3% during the 3rd quarter. Cardinal Capital Management Inc. now owns 564,078 shares of the company’s stock worth $27,139,000 after acquiring an additional 23,117 shares in the last quarter. Institutional investors and hedge funds own 63.10% of the company’s stock.

Nutrien Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be given a $0.939 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.76 dividend on an annualized basis and a yield of 7.84%. This is a positive change from Nutrien’s previous quarterly dividend of $0.54. Nutrien’s dividend payout ratio (DPR) is currently 144.97%.

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.