What is Zacks Research’s Forecast for Nutrien Q4 Earnings?

Nutrien Ltd. (TSE:NTR) – Research analysts at Zacks Research decreased their Q4 2024 earnings estimates for shares of Nutrien in a research report issued on Tuesday, November 19th. Zacks Research analyst M. Agrawal now anticipates that the company will earn $0.53 per share for the quarter, down from their previous forecast of $0.69. The consensus estimate for Nutrien’s current full-year earnings is $5.34 per share. Zacks Research also issued estimates for Nutrien’s Q1 2025 earnings at $0.43 EPS, Q2 2025 earnings at $2.74 EPS, Q4 2025 earnings at $1.00 EPS and FY2025 earnings at $4.93 EPS.

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

Nutrien Trading Up 0.8 %

Shares of TSE:NTR opened at C$64.17 on Thursday. The stock has a market cap of C$31.75 billion, a PE ratio of 29.04, a P/E/G ratio of 1.15 and a beta of 0.95. The company has a quick ratio of 0.65, a current ratio of 1.26 and a debt-to-equity ratio of 53.14. Nutrien has a 12-month low of C$60.74 and a 12-month high of C$83.14. The business has a 50 day moving average of C$65.56 and a 200-day moving average of C$69.07.

Nutrien Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Tuesday, December 31st will be given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Tuesday, December 31st. Nutrien’s payout ratio is currently 132.13%.

Insider Activity at Nutrien

In other Nutrien news, Senior Officer Mark Thompson purchased 490 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were bought at an average price of C$63.99 per share, for a total transaction of C$31,355.10. Also, Director Keith Martell acquired 1,250 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The shares were acquired at an average price of C$65.23 per share, with a total value of C$81,537.50. Insiders purchased a total of 8,900 shares of company stock valued at $572,331 over the last quarter. 0.03% of the stock is owned by corporate insiders.

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.