Nutrien (NTR) to Release Quarterly Earnings on Wednesday

Nutrien (TSE:NTR) is set to announce its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of C$2.89 per share for the quarter.

Nutrien (TSE:NTR) last posted its earnings results on Wednesday, May 8th. The company reported C$0.61 EPS for the quarter, topping the consensus estimate of C$0.46 by C$0.15. Nutrien had a net margin of 3.09% and a return on equity of 3.46%. The firm had revenue of C$7.27 billion for the quarter, compared to analysts’ expectations of C$7.29 billion.

Nutrien Price Performance

Nutrien stock opened at C$66.42 on Tuesday. Nutrien has a 52 week low of C$64.89 and a 52 week high of C$92.48. The company’s 50 day moving average price is C$71.50 and its two-hundred day moving average price is C$72.04. The company has a quick ratio of 0.65, a current ratio of 1.15 and a debt-to-equity ratio of 54.56. The stock has a market cap of C$32.85 billion, a P/E ratio of 28.51, a P/E/G ratio of 0.36 and a beta of 0.97.

Nutrien Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 19th. Shareholders of record on Friday, June 28th were issued a dividend of $0.54 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $2.16 dividend on an annualized basis and a yield of 3.25%. Nutrien’s payout ratio is 127.47%.

Wall Street Analysts Forecast Growth

Separately, Mizuho upgraded shares of Nutrien from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 16th.

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.