FY2026 Earnings Estimate for Nutrien Issued By Scotiabank

Key Points

• Scotiabank lowered Nutrien’s FY2026 EPS estimate to $4.62 from $4.89, while maintaining a “Sector Outperform” rating and an $80 price target. The revised estimate remains slightly above the $4.56 analyst consensus.
• Nutrien’s latest quarterly results were mixed: EPS of $2.61 missed expectations of $2.70, but revenue reached $10.81 billion, exceeding estimates and rising 3.6% year over year.
• Analyst sentiment remains broadly positive, with 16 Buy ratings, five Holds and one Sell, producing a “Moderate Buy” consensus and an average price target of $79.80. Nutrien also pays a quarterly dividend of $0.55 per share, yielding approximately 3.2%.

Nutrien Ltd. (NYSE:NTR - Free Report) - Equities research analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for Nutrien in a research note issued on Thursday, October 22nd. Scotiabank analyst B. Isaacson now expects that the company will earn $4.62 per share for the year, down from their previous estimate of $4.89. Scotiabank has a "Sector Outperform" rating and a $80.00 price target on the stock. The consensus estimate for Nutrien's current full-year earnings is $4.56 per share.

Nutrien (NYSE:NTR - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.61 earnings per share for the quarter, missing the consensus estimate of $2.70 by ($0.09). Nutrien had a net margin of 8.44% and a return on equity of 8.88%. The firm had revenue of $10.81 billion for the quarter, compared to the consensus estimate of $10.44 billion. During the same period last year, the company posted $2.65 earnings per share. Nutrien's revenue for the quarter was up 3.6% on a year-over-year basis.

Several other research analysts also recently weighed in on the company. Oppenheimer cut their price target on Nutrien from $80.00 to $78.00 and set an "outperform" rating for the company in a research note on Thursday. Mizuho decreased their price objective on Nutrien from $77.00 to $75.00 and set a "neutral" rating for the company in a report on Tuesday, July 14th. KeyCorp began coverage on Nutrien in a research note on Thursday, September 10th. They issued a "sector weight" rating and a $73.00 price objective on the stock. Scotia raised shares of Nutrien from a "sector perform" rating to a "sector outperform" rating and set a $80.00 price objective on the stock in a report on Tuesday, June 30th. Finally, Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Nutrien in a report on Monday, August 10th. Sixteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $79.80.

Nutrien Stock Performance

Shares of NTR opened at $69.69 on Monday. Nutrien has a 1 year low of $53.03 and a 1 year high of $85.36. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.39 and a quick ratio of 0.86. The stock's fifty day moving average price is $73.47 and its two-hundred day moving average price is $70.27. The firm has a market cap of $33.18 billion, a PE ratio of 14.11, a PEG ratio of 0.76 and a beta of 0.68.

Institutional Trading of Nutrien

A number of hedge funds and other institutional investors have recently made changes to their positions in NTR. Apollon Wealth Management LLC purchased a new stake in Nutrien during the 3rd quarter worth about $409,000. Townsend & Associates Inc increased its position in shares of Nutrien by 0.6% during the third quarter. Townsend & Associates Inc now owns 629,120 shares of the company's stock valued at $44,831,000 after buying an additional 3,645 shares during the period. Signaturefd LLC increased its position in shares of Nutrien by 8.8% during the third quarter. Signaturefd LLC now owns 15,580 shares of the company's stock valued at $1,095,000 after buying an additional 1,255 shares during the period. Lorne Steinberg Wealth Management Inc. lifted its holdings in shares of Nutrien by 2.2% in the third quarter. Lorne Steinberg Wealth Management Inc. now owns 116,338 shares of the company's stock worth $8,170,000 after buying an additional 2,490 shares in the last quarter. Finally, Canoe Financial LP lifted its holdings in shares of Nutrien by 8.7% in the third quarter. Canoe Financial LP now owns 2,318,096 shares of the company's stock worth $161,819,000 after buying an additional 185,658 shares in the last quarter. 63.10% of the stock is currently owned by institutional investors.

Nutrien Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Tuesday, September 29th were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Tuesday, September 29th. Nutrien's payout ratio is presently 44.53%.

About Nutrien

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