Scotiabank Has Pessimistic View of Nutrien FY2026 Earnings

Nutrien Ltd. (NYSE:NTR) – Equities researchers at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for shares of Nutrien in a note issued to investors on Wednesday, August 19th. Scotiabank analyst B. Isaacson now expects that the company will earn $4.79 per share for the year, down from their prior estimate of $5.12. Scotiabank currently has a “Sector Outperform” rating and a $80.00 target price on the stock. The consensus estimate for Nutrien’s current full-year earnings is $4.95 per share. Scotiabank also issued estimates for Nutrien’s FY2027 earnings at $4.76 EPS.

A number of other brokerages have also recently issued reports on NTR. BNP Paribas Exane upgraded shares of Nutrien from a “neutral” rating to an “outperform” rating and set a $80.00 price objective for the company in a report on Tuesday, July 28th. Scotia upgraded shares of Nutrien from a “sector perform” rating to a “sector outperform” rating and set a $80.00 target price for the company in a research note on Tuesday, June 30th. Mizuho reduced their price objective on Nutrien from $77.00 to $75.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. TD Securities reiterated a “buy” rating on shares of Nutrien in a research report on Wednesday, May 6th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Nutrien in a research report on Monday, August 10th. Seventeen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $81.58.

Nutrien Stock Down 1.3%

NYSE:NTR opened at $74.28 on Monday. The business’s fifty day moving average price is $66.58 and its 200 day moving average price is $70.46. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $35.53 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 0.76 and a beta of 0.61. Nutrien has a 1-year low of $53.03 and a 1-year high of $85.36.

Nutrien (NYSE:NTR) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $2.61 earnings per share for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.09). The company had revenue of $10.81 billion during the quarter, compared to analyst estimates of $10.44 billion. Nutrien had a return on equity of 8.88% and a net margin of 8.44%.The company’s revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.65 earnings per share.

Institutional Trading of Nutrien

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Montag A & Associates Inc. boosted its stake in shares of Nutrien by 310.7% during the fourth quarter. Montag A & Associates Inc. now owns 423 shares of the company’s stock valued at $26,000 after purchasing an additional 320 shares in the last quarter. Evolution Wealth Management Inc. purchased a new position in shares of Nutrien in the 1st quarter worth approximately $32,000. Global Retirement Partners LLC bought a new position in shares of Nutrien during the 2nd quarter valued at approximately $30,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Nutrien by 1,014.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 479 shares of the company’s stock worth $30,000 after purchasing an additional 436 shares in the last quarter. Finally, Allied Private Wealth LLC purchased a new stake in shares of Nutrien in the second quarter worth about $33,000. Institutional investors and hedge funds own 63.10% of the company’s stock.

Nutrien Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.55 per share. The ex-dividend date is Tuesday, September 29th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.0%. Nutrien’s dividend payout ratio is currently 44.53%.

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.