FY2025 Earnings Estimate for Nutrien Issued By Raymond James

Nutrien Ltd. (NYSE:NTR) – Equities researchers at Raymond James upped their FY2025 EPS estimates for Nutrien in a research note 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 previous 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 $3.54 per share.

A number of other analysts also recently issued reports on the stock. Wells Fargo & Company downgraded shares of Nutrien from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $62.00 to $50.00 in a report on Tuesday, September 24th. The Goldman Sachs Group cut shares of Nutrien from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $69.00 to $53.00 in a report on Tuesday, September 10th. Barclays decreased their target price on shares of Nutrien from $68.00 to $55.00 and set an “overweight” rating for the company in a research note on Friday, August 16th. UBS Group downgraded Nutrien from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $66.00 to $51.00 in a research note on Thursday, October 10th. Finally, TD Securities reduced their price objective on Nutrien from $63.00 to $61.00 and set a “buy” rating for the company in a research report on Tuesday, November 12th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, Nutrien presently has a consensus rating of “Hold” and an average target price of $60.06.

Nutrien Price Performance

NYSE NTR opened at $47.93 on Friday. Nutrien has a one year low of $44.65 and a one year high of $60.87. The stock has a 50-day moving average of $47.96 and a 200 day moving average of $49.41. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.82 and a current ratio of 1.27. The company has a market capitalization of $23.67 billion, a price-to-earnings ratio of 32.17, a PEG ratio of 1.70 and a beta of 0.80.

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

Institutional Trading of Nutrien

Several institutional investors and hedge funds have recently added to or reduced their stakes in NTR. Cetera Advisors LLC lifted its stake in Nutrien by 21.3% in the 1st quarter. Cetera Advisors LLC now owns 5,897 shares of the company’s stock worth $321,000 after purchasing an additional 1,036 shares in the last quarter. CWM LLC boosted its stake in Nutrien by 6.1% during the second quarter. CWM LLC now owns 5,923 shares of the company’s stock valued at $302,000 after buying an additional 338 shares during the last quarter. Manning & Napier Advisors LLC purchased a new position in Nutrien during the 2nd quarter valued at approximately $2,639,000. Sequoia Financial Advisors LLC bought a new stake in Nutrien in the 2nd quarter worth approximately $256,000. Finally, M&G Plc raised its holdings in shares of Nutrien by 35.5% during the 2nd quarter. M&G Plc now owns 53,186 shares of the company’s stock worth $2,717,000 after acquiring an additional 13,922 shares in the last quarter. Institutional investors own 63.10% of the company’s stock.

Nutrien Increases Dividend

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

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.