Nutrien (NTR) Scheduled to Post Quarterly Earnings on Wednesday

Nutrien (TSE:NTR) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of C$0.54 per share for the quarter.

Nutrien (TSE:NTR) last issued its quarterly earnings data on Wednesday, February 21st. The company reported C$0.50 EPS for the quarter, missing the consensus estimate of C$0.97 by C($0.47). Nutrien had a return on equity of 5.02% and a net margin of 4.48%. The firm had revenue of C$7.71 billion during the quarter, compared to the consensus estimate of C$7.10 billion.

Nutrien Stock Performance

Shares of NTR opened at C$73.80 on Tuesday. The company has a debt-to-equity ratio of 49.86, a current ratio of 1.17 and a quick ratio of 0.65. Nutrien has a one year low of C$64.89 and a one year high of C$92.48. The firm has a market capitalization of C$36.50 billion, a P/E ratio of 21.27, a PEG ratio of 0.36 and a beta of 0.97. The business has a fifty day moving average of C$72.62 and a 200 day moving average of C$72.75.

Nutrien Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were issued a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 2.93%. The ex-dividend date was Wednesday, March 27th. This is a positive change from Nutrien’s previous quarterly dividend of $0.53. Nutrien’s payout ratio is currently 85.30%.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada dropped their price objective on Nutrien from C$75.00 to C$70.00 and set an “outperform” rating for the company in a research note on Friday, February 23rd.

Insider Transactions at Nutrien

In other Nutrien news, Senior Officer Andrew Kelemen purchased 400 shares of Nutrien stock in a transaction dated Friday, February 23rd. The shares were purchased at an average cost of C$71.51 per share, for a total transaction of C$28,604.00. In other news, Senior Officer Andrew Kelemen acquired 400 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were bought at an average price of C$71.51 per share, with a total value of C$28,604.00. Also, Senior Officer Noralee Bradley acquired 500 shares of the company’s stock in a transaction that occurred on Monday, March 11th. The stock was purchased at an average cost of C$71.48 per share, for a total transaction of C$35,740.00. Over the last three months, insiders have acquired 1,530 shares of company stock worth $109,899. 0.03% of the stock is currently owned by company insiders.

Nutrien Company Profile

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.