Scotiabank Has Bearish Forecast for Nutrien FY2026 Earnings

Key Points

• Scotiabank cut Nutrien’s FY2026 EPS forecast to $6.61 from $7.30, while maintaining a “Sector Outperform” rating and C$80 price target. Its FY2027 EPS estimate is $6.57, compared with the current-year consensus estimate of $5.34.
• Nutrien recently reported quarterly EPS of C$3.71 on revenue of C$15.36 billion, with a 9.27% return on equity and 8.44% net margin.
• Analyst sentiment remains broadly positive, with MarketBeat showing an average “Buy” rating and C$74.33 average price target. Nutrien also pays a quarterly dividend of $0.55 per share, equivalent to a 2.1% annualized yield.

Nutrien Ltd. (TSE:NTR - Free Report) - Equities research analysts at Scotiabank decreased 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 $6.61 per share for the year, down from their previous forecast of $7.30. Scotiabank has a "Sector Outperform" rating and a $80.00 price objective on the stock. The consensus estimate for Nutrien's current full-year earnings is $5.34 per share. Scotiabank also issued estimates for Nutrien's FY2027 earnings at $6.57 EPS.

Nutrien (TSE:NTR - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported C$3.71 earnings per share for the quarter. The company had revenue of C$15.36 billion for the quarter. Nutrien had a return on equity of 9.27% and a net margin of 8.44%.

NTR has been the topic of several other research reports. Raymond James Financial raised shares of Nutrien from a "hold" rating to a "moderate buy" rating in a report on Tuesday, May 5th. BNP Paribas Exane raised shares of Nutrien from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 28th. Jefferies Financial Group lowered shares of Nutrien from a "buy" rating to a "hold" rating and dropped their price target for the stock from C$96.00 to C$63.00 in a research report on Thursday, July 16th. Barclays upgraded shares of Nutrien from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 27th. Finally, Berenberg Bank downgraded Nutrien from a "strong-buy" rating to a "hold" rating in a report on Wednesday, June 10th. Four investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of C$74.33.

Nutrien Stock Performance

Shares of TSE NTR opened at C$103.71 on Monday. The firm has a market capitalization of C$49.49 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 1.15 and a beta of 0.68. Nutrien has a one year low of C$74.77 and a one year high of C$116.95. The business has a fifty day simple moving average of C$93.43 and a 200 day simple moving average of C$97.54. The company has a current ratio of 1.39, a quick ratio of 0.65 and a debt-to-equity ratio of 49.14.

Insider Buying and Selling at Nutrien

In other news, insider Mark Thompson bought 279 shares of the company's stock in a transaction that occurred on Thursday, June 18th. The stock was acquired at an average price of C$89.86 per share, for a total transaction of C$25,070.94. Following the transaction, the insider directly owned 37,367 shares of the company's stock, valued at C$3,357,798.62. This trade represents a 0.75% increase in their position. Also, insider Noralee Bradley purchased 300 shares of the business's stock in a transaction that occurred on Friday, June 26th. The shares were purchased at an average cost of C$86.16 per share, with a total value of C$25,848.00. Following the completion of the acquisition, the insider directly owned 6,155 shares in the company, valued at C$530,314.80. The trade was a 5.12% increase in their ownership of the stock. Insiders bought a total of 886 shares of company stock worth $80,241 in the last 90 days. 0.03% of the stock is owned by corporate insiders.

Nutrien Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Friday, July 17th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.1%. Nutrien's dividend payout ratio (DPR) is presently 44.33%.

Nutrien Company Profile

Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.

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