What is Scotiabank’s Estimate for Nutrien FY2026 Earnings?

Nutrien Ltd. (NYSE:NTR) – Research analysts at Scotiabank cut their FY2026 earnings per share estimates for Nutrien in a research report issued to clients and investors on Thursday, October 22nd. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of $4.62 for the year, down from their previous forecast of $4.89. Scotiabank currently has a “Sector Outperform” rating and a $80.00 target price on the stock. The consensus estimate for Nutrien’s current full-year earnings is $4.56 per share.

Nutrien (NYSE:NTR) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.09). The company had revenue of $10.81 billion during the quarter, compared to the consensus estimate of $10.44 billion. During the same period in the previous year, the business posted $2.65 EPS. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year.

Several other brokerages also recently commented on NTR. Freedom Broker assumed coverage on shares of Nutrien in a research report on Tuesday. They set a “hold” rating and a $78.00 price objective on the stock. Jefferies Financial Group reiterated a “hold” rating and issued a $71.00 price target on shares of Nutrien in a research note on Monday, October 12th. National Bank Financial decreased their price target on Nutrien from $76.00 to $74.00 and set an “outperform” rating on the stock in a report on Monday, August 10th. Scotia raised Nutrien from a “sector perform” rating to a “sector outperform” rating and set a $80.00 price target on the stock in a report on Tuesday, June 30th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Nutrien in a research report on Monday, August 10th. Sixteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $79.57.

Nutrien Trading Up 1.6%

NTR opened at $69.31 on Monday. Nutrien has a 1-year low of $53.03 and a 1-year high of $85.36. The company has a 50 day simple moving average of $73.26 and a two-hundred day simple moving average of $70.84.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Oppenheimer & Co. Inc. lifted its position in shares of Nutrien by 65.2% in the third quarter. Oppenheimer & Co. Inc. now owns 8,462 shares of the company’s stock worth $594,000 after buying an additional 3,340 shares in the last quarter. Apollon Wealth Management LLC purchased a new position in Nutrien during the 3rd quarter valued at approximately $409,000. Townsend & Associates Inc increased its stake in Nutrien by 0.6% in the 3rd quarter. Townsend & Associates Inc now owns 629,120 shares of the company’s stock worth $44,831,000 after acquiring an additional 3,645 shares during the last quarter. Signaturefd LLC increased its stake in Nutrien by 8.8% in the 3rd quarter. Signaturefd LLC now owns 15,580 shares of the company’s stock worth $1,095,000 after acquiring an additional 1,255 shares during the last quarter. Finally, Lorne Steinberg Wealth Management Inc. increased its stake in Nutrien by 2.2% in the 3rd quarter. Lorne Steinberg Wealth Management Inc. now owns 116,338 shares of the company’s stock worth $8,170,000 after acquiring an additional 2,490 shares during the last quarter. Hedge funds and other institutional investors own 63.10% of the company’s stock.

Nutrien Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Tuesday, September 29th were paid a $0.55 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $2.20 annualized dividend and a yield of 3.2%.

About Nutrien