Keith Martell Acquires 1,250 Shares of Nutrien Ltd. (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) Director Keith Martell purchased 1,250 shares of the stock in a transaction that occurred on Thursday, September 19th. The stock was purchased at an average price of C$65.23 per share, with a total value of C$81,537.50.

Nutrien Trading Down 1.6 %

NTR opened at C$63.87 on Friday. The company has a current ratio of 1.26, a quick ratio of 0.65 and a debt-to-equity ratio of 53.14. The firm has a market cap of C$31.60 billion, a price-to-earnings ratio of 29.30, a PEG ratio of 0.36 and a beta of 0.96. Nutrien Ltd. has a 12 month low of C$60.74 and a 12 month high of C$85.66. The stock has a fifty day moving average price of C$65.60 and a 200-day moving average price of C$70.80.

Nutrien (TSE:NTR) last announced its earnings results 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. Nutrien had a net margin of 3.06% and a return on equity of 3.22%. The business had revenue of C$13.90 billion during the quarter, compared to the consensus estimate of C$14.92 billion. As a group, equities research analysts anticipate that Nutrien Ltd. will post 5.4173028 earnings per share for the current fiscal year.

Nutrien Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Friday, September 27th will be paid a $0.54 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $2.16 annualized dividend and a yield of 3.38%. Nutrien’s dividend payout ratio (DPR) is 136.70%.

Analyst Ratings Changes

NTR has been the subject of several research reports. Hsbc Global Res upgraded Nutrien to a “moderate sell” rating in a report on Friday, August 2nd. Mizuho upgraded shares of Nutrien from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 16th. Finally, The Goldman Sachs Group lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, Nutrien has a consensus rating of “Hold” and an average target price of C$64.33.

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.