Scotiabank Issues Optimistic Forecast for Nutrien Earnings

Nutrien Ltd. (NYSE:NTR) – Research analysts at Scotiabank upped their FY2026 earnings estimates for shares of Nutrien in a research report issued on Thursday, April 23rd. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of $5.63 per share for the year, up from their prior estimate of $4.46. Scotiabank currently has a “Sector Perform” rating and a $75.00 target price on the stock. The consensus estimate for Nutrien’s current full-year earnings is $4.78 per share.

Nutrien (NYSE:NTR) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). The firm had revenue of $5.12 billion during the quarter, compared to analyst estimates of $5.26 billion. Nutrien had a return on equity of 8.41% and a net margin of 8.43%.The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.31 EPS.

A number of other brokerages also recently issued reports on NTR. TD Securities boosted their price target on shares of Nutrien from $80.00 to $81.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Wall Street Zen downgraded shares of Nutrien from a “buy” rating to a “hold” rating in a research report on Sunday, April 12th. Jefferies Financial Group upgraded shares of Nutrien from a “hold” rating to a “buy” rating and boosted their price target for the stock from $74.00 to $96.00 in a research report on Thursday, March 12th. Oppenheimer lifted their price objective on shares of Nutrien from $78.00 to $80.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Zacks Research lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Ten analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $80.06.

Nutrien Stock Up 1.1%

Shares of NYSE NTR opened at $72.33 on Tuesday. The company has a market capitalization of $34.77 billion, a P/E ratio of 15.52 and a beta of 0.69. Nutrien has a 52-week low of $53.03 and a 52-week high of $85.36. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 1.34. The company’s 50 day moving average price is $74.63 and its 200-day moving average price is $66.31.

Nutrien Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 16th. Stockholders of record on Tuesday, March 31st were paid a $0.55 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.20 annualized dividend and a dividend yield of 3.0%. This is an increase from Nutrien’s previous quarterly dividend of $0.55. Nutrien’s dividend payout ratio (DPR) is presently 47.21%.

Institutional Trading of Nutrien

Several hedge funds have recently modified their holdings of NTR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Nutrien by 65.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,224 shares of the company’s stock valued at $1,253,000 after acquiring an additional 9,950 shares in the last quarter. NewEdge Advisors LLC increased its stake in Nutrien by 6.2% during the 1st quarter. NewEdge Advisors LLC now owns 6,907 shares of the company’s stock valued at $343,000 after purchasing an additional 404 shares in the last quarter. Focus Partners Wealth bought a new stake in Nutrien during the 1st quarter valued at $516,000. Acadian Asset Management LLC bought a new stake in Nutrien during the 1st quarter valued at $54,000. Finally, Prudential Financial Inc. bought a new stake in Nutrien during the 2nd quarter valued at $203,000. Institutional investors own 63.10% of the company’s stock.

About Nutrien

Nutrien Ltd. is a global fertilizer and agricultural-services company headquartered in Saskatoon, Saskatchewan, Canada. The company is publicly traded and operates across the farm input value chain, combining upstream fertilizer production with a broad retail and services platform aimed at supporting crop production worldwide. Nutrien’s business model integrates the manufacture and distribution of crop nutrients with on-the-ground agronomic support for growers and agricultural businesses.

Nutrien produces and supplies the three primary fertilizer nutrients—potash, nitrogen and phosphate—through its wholesale operations, and markets a wide range of crop inputs including seeds and crop protection products.