Nutrien Ltd. (TSE:NTR) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Nutrien Ltd. has received an average recommendation of "Hold" from analysts, with one sell rating, six hold ratings, and two strong buy ratings reported.
• The company's shares have recently been trading between a 52-week low of C$60.74 and a high of C$88.03, with a current price of C$78.26.
• Nutrien is set to pay a quarterly dividend of $0.545 per share on October 17th, which provides an annualized yield of 2.8%.

Nutrien Ltd. (TSE:NTR - Get Free Report) has been given an average recommendation of "Hold" by the nine brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have issued a strong buy recommendation on the company.

A number of equities analysts recently issued reports on NTR shares. Raymond James Financial cut Nutrien from a "moderate buy" rating to a "hold" rating in a report on Tuesday, June 17th. Scotiabank cut Nutrien from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 14th. Finally, National Bank Financial upgraded Nutrien to a "hold" rating in a report on Thursday, September 4th.

Nutrien Trading Down 0.8%

NTR traded down C$0.62 during trading hours on Wednesday, reaching C$79.05. 1,776,544 shares of the company's stock traded hands, compared to its average volume of 1,602,185. The firm has a 50-day moving average price of C$80.54 and a 200 day moving average price of C$78.08. Nutrien has a 52-week low of C$61.95 and a 52-week high of C$88.03. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10. The firm has a market capitalization of C$38.41 billion, a PE ratio of 28.44, a PEG ratio of 1.15 and a beta of 1.11.

Nutrien Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Monday, September 29th will be given a dividend of $0.545 per share. This represents a $2.18 dividend on an annualized basis and a yield of 2.8%. Nutrien's dividend payout ratio (DPR) is presently 78.06%.

Insider Buying and Selling at Nutrien

In other Nutrien news, Director Kenneth Alvin Seitz sold 29,326 shares of Nutrien stock in a transaction on Friday, June 13th. The stock was sold at an average price of C$84.32, for a total transaction of C$2,472,768.32. Also, Senior Officer Andrew Kelemen sold 6,638 shares of Nutrien stock in a transaction on Monday, June 16th. The shares were sold at an average price of C$86.56, for a total value of C$574,611.83. Insiders sold a total of 42,822 shares of company stock valued at $3,632,828 in the last ninety days. Corporate insiders own 0.03% of the company's stock.

Nutrien Company Profile

Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.