Nutrien (NTR) to Release Quarterly Earnings on Monday

Nutrien (TSE:NTR – Get Rating) is scheduled to post its quarterly earnings results before the market opens on Monday, May 2nd. Analysts expect Nutrien to post earnings of C$3.23 per share for the quarter.

Nutrien (TSE:NTR – Get Rating) last announced its earnings results on Wednesday, February 16th. The company reported C$3.11 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$2.88 by C$0.23. The company had revenue of C$9.16 billion during the quarter, compared to the consensus estimate of C$8.12 billion.

TSE:NTR opened at C$132.07 on Monday. Nutrien has a twelve month low of C$66.64 and a twelve month high of C$147.93. The company has a current ratio of 1.11, a quick ratio of 0.47 and a debt-to-equity ratio of 45.77. The company has a 50-day moving average of C$123.27 and a 200-day moving average of C$101.12. The firm has a market cap of C$72.97 billion and a price-to-earnings ratio of 18.98.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 14th. Stockholders of record on Thursday, March 31st were given a dividend of $0.48 per share. This is a positive change from Nutrien’s previous quarterly dividend of $0.46. The ex-dividend date was Wednesday, March 30th. This represents a $1.92 annualized dividend and a dividend yield of 1.45%. Nutrien’s dividend payout ratio (DPR) is 26.45%.

NTR has been the subject of several research reports. Citigroup raised their price objective on shares of Nutrien to C$158.00 and gave the company a “buy” rating in a research report on Tuesday, March 22nd. Atlantic Securities upgraded shares of Nutrien to a “hold” rating and set a C$79.00 price objective for the company in a research report on Friday, February 18th. JPMorgan Chase & Co. initiated coverage on shares of Nutrien in a research report on Friday, March 4th. They set a “buy” rating and a C$95.00 price objective for the company. Raymond James restated a “buy” rating and set a C$121.00 price objective on shares of Nutrien in a research report on Friday, February 18th. Finally, Erste Group assumed coverage on shares of Nutrien in a research report on Thursday, April 14th. They set a “buy” rating for the company. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$96.45.

Nutrien Company Profile (Get Rating)

Nutrien Ltd. provides crop inputs and services. It offers potash, nitrogen, phosphate, and sulfate products; and financial solutions. The company also distributes crop nutrients, crop protection products, seeds, and merchandise products through approximately 2,000 retail locations in the United States, Canada, South America, and Australia.

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