Nutrien Ltd. (TSE:NTR) Receives Average Recommendation of “Hold” from Analysts

Nutrien Ltd. (TSE:NTR) has received an average recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a strong buy recommendation on the company.

Separately, National Bank Financial upgraded Nutrien to a “hold” rating in a report on Thursday, September 4th.

Nutrien Trading Up 0.5%

Shares of NTR stock opened at C$76.39 on Thursday. Nutrien has a 12 month low of C$62.89 and a 12 month 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 business’s 50 day moving average is C$80.24 and its two-hundred day moving average is C$80.31. The company has a market cap of C$37.12 billion, a PE ratio of 27.48, a price-to-earnings-growth ratio of 1.15 and a beta of 1.14.

Nutrien Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Friday, October 17th were paid a $0.545 dividend. The ex-dividend date was Monday, September 29th. This represents a $2.18 annualized dividend and a dividend yield of 2.9%. Nutrien’s dividend payout ratio (DPR) is presently 78.06%.

About Nutrien

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.