Nutrien (NYSE:NTR) Announces Quarterly Earnings Results, Misses Expectations By $0.13 EPS

Nutrien (NYSE:NTR) released its quarterly earnings results on Wednesday. The company reported $0.61 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.13), Briefing.com reports. The business had revenue of $5.69 billion during the quarter, compared to analysts’ expectations of $5.66 billion. Nutrien had a net margin of 8.44% and a return on equity of 8.88%. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter last year, the company earned $0.97 EPS.

Nutrien Stock Performance

NYSE NTR traded up $0.35 during trading hours on Thursday, hitting $72.42. 2,281,998 shares of the stock were exchanged, compared to its average volume of 3,009,077. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.36. The company has a market cap of $34.42 billion, a price-to-earnings ratio of 14.66, a price-to-earnings-growth ratio of 0.77 and a beta of 0.67. Nutrien has a 12-month low of $54.29 and a 12-month high of $85.36. The stock has a 50-day moving average of $72.92 and a 200 day moving average of $71.06.

Nutrien Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, December 31st. Nutrien’s dividend payout ratio is currently 44.53%.

Nutrien News Summary

Here are the key news stories impacting Nutrien this week:

• Positive Sentiment: Nutrien sees strong demand for potash, a key earnings driver, which could help offset softness elsewhere in its fertilizer business. Reuters article
• Neutral Sentiment: The company declared a quarterly dividend of $0.55 per share, payable January 15, 2027. The dividend maintains an annualized payout of $2.20 per share. Dividend announcement
• Negative Sentiment: Third-quarter adjusted EPS was $0.61, below the $0.74 consensus and down from $0.97 a year earlier. Revenue was slightly above estimates, but the earnings miss and year-over-year decline may pressure sentiment. Q3 earnings article
• Negative Sentiment: Reports point to high sulfur costs and a planned Florida plant closure as headwinds, while demand for expensive nitrogen fertilizer is weak. These pressures may offset strength in potash. Costs and Florida plant article

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on NTR shares. KeyCorp started coverage on shares of Nutrien in a report on Thursday, September 10th. They issued a “sector weight” rating and a $73.00 target price for the company. Barclays lowered their price target on Nutrien from $81.00 to $78.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Freedom Broker began coverage on Nutrien in a research report on Tuesday, October 27th. They issued a “hold” rating and a $78.00 price target on the stock. Mizuho reduced their price objective on Nutrien from $77.00 to $75.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $71.00 price objective on shares of Nutrien in a research note on Monday, October 12th. Sixteen research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $79.24.

About Nutrien