|Bid||65.88 x 0|
|Ask||66.20 x 0|
|Day's Range||65.31 - 66.48|
|52 Week Range||55.27 - 76.17|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||155.82|
|Earnings Date||Feb 7, 2019|
|Forward Dividend & Yield||2.30 (3.46%)|
|1y Target Est||66.01|
Nutrien Ltd. today announced that Mr. Mike Frank, Nutrien’s Executive Vice President and CEO of Retail, will be presenting at the CIBC 22nd Annual Whistler Institutional Investor Conference in Whistler, BC., on Thursday, January 24, 2019 at 6:50 p.m.
After more than a full year on the sidelines, BMO Capital Markets found five reasons to turn bullish on Nutrien Ltd (NYSE: NTR ), a provider of crop inputs and services that produces and distributes potash, ...
Management invites you to listen to the conference call by using the dial-in number 1-877-702-9274. A webcast of the conference call and the presentation slides can be accessed by visiting Nutrien’s website, www.nutrien.com/investors/events. A recording of the conference call will also be available after the completion of the call by dialing 1-800-585-8367 and inputting the conference identification number 1486976.
Commodity prices are trending lower, but agriculture businesses with an eye on the future could be buys for investors with a long-term mind-set.
Nutrien Ltd. (Nutrien) announced today that its Board of Directors has approved, subject to regulatory approval, an increase to the share repurchase program through its previously announced normal course issuer bid (NCIB) expiring on February 22, 2019, raising the maximum number of shares that may be acquired under the NCIB to 50,363,686 common shares, or approximately 8 percent of outstanding shares. The increase would allow for the repurchase and cancellation of an additional 18,153,763 common shares. Nutrien has filed with the Toronto Stock Exchange an amendment to its previously filed notice of intention to make NCIB purchases in order to increase the number of common shares it may purchase.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September. At Insider Monkey, we follow over 700 of the best-performing investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish […]
Nutrien Ltd. (“Nutrien”) announced today that it has closed the sale of its remaining Sociedad Química y Minera de Chile S.A. (“SQM”) shares to Tianqi Lithium Corporation (“Tianqi Lithium”) through an open auction process on the Santiago Stock Exchange for gross proceeds of approximately US$4.1 billion. “Closing the sale of our investment in SQM marks the conclusion of a major deliverable for Nutrien. With the sale of our investments in Arab Potash Company and SQM in the fourth quarter, along with significant seasonal cash flow generated from our Retail business, we expect our net debt to adjusted EBITDA ratio to decline below 2 by the end of 2018.1 As a result, Nutrien has ample flexibility to both return capital to shareholders and grow the business with a disciplined investment approach,” commented Chuck Magro, Nutrien's President and CEO.
Nutrien, which is based in North America, has exposure to all three crop nutrients including nitrogen, phosphorous, and potassium. The company has a large exposure to potassium fertilizers—unlike CF Industries (CF) and Mosaic (MOS).
Mosaic (MOS) is a dominant player in the phosphate fertilizer segment in North America. Since ammonium-based fertilizers use nitrogen as an input, Mosaic also benefits from low natural gas prices—similar to CF Industries (CF). With Mosaic being one of the best performers in 2018, let’s look at what analysts think about the stock.
CF Industries (CF) is one of the dominant nitrogen fertilizer players in North America. The company benefits from low natural gas prices. Natural gas is a key input in nitrogen fertilizer production. The stock has seen its highs and lows in 2018. In November, the stock saw the most returns almost flatten due to global tensions.
The agribusiness sector has largely remained weak in 2018. The agribusiness sector gave up its gains last week when the US and global markets saw a significant sell-off. The VanEck Vectors Agribusiness ETF (MOO) has fallen 1.8% YTD (year-to-date), while the S&P 500 Index (SPY) has fallen 1.4% during the same period. Let’s look at how three major fertilizer stocks have performed in 2018.
Nutrien Ltd. (Nutrien) announced today that Pedro Farah has been appointed Nutrien's Executive Vice President & Chief Financial Officer, effective February 1, 2019. Mr. Farah is a global executive who brings significant corporate finance, treasury, retail, strategic development and risk management experience, most recently from Walmart Inc. Mr. Farah will report to Chuck Magro, our President & CEO, and will be a member of our Senior Leadership Team.
Nutrien Ltd. today announced that Mr. Chuck Magro, Nutrien’s President and CEO, will be presenting at Citi's 2018 Basic Materials Conference in New York, NY., on Tuesday, November 27, 2018 at 3:30 p.m.
Fertilizer affordability is key for companies including Mosaic (MOS), Nutrien (NTR), CF Industries (CF), and Israel Chemicals (ICL). Higher fertilizer affordability helps increase the demand for fertilizers. When fertilizer prices increase, higher affordability is good for fertilizer demand, which is positive for the earnings growth. Fertilizers became more affordable week-over-week. When the Fertilizer Affordability Index is below one, it suggests that the fertilizer prices were relatively affordable last week compared to the base year of 2005 when Mosaic set the index to one.
Last week, potash prices were broadly flat to positive at the locations discussed below. The potash prices continued to have strong momentum, which is positive for companies (MOO) including Nutrien (NTR), Mosaic (MOS), Israel Chemicals (ICL), and Intrepid Potash (IPI). Let’s look at the price movements in more detail below.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
Previously in this series, we discussed how DAP (diammonium phosphate) prices moved in the week ending November 2. The MAP (monoammonium phosphate) prices have also followed a similar trend, which causes concerns for companies (MOO) including Mosaic (MOS), Nutrien (NTR), and Israel Chemicals (ICL).
In the week ending November 2, the DAP (diammonium phosphate) prices were mainly unchanged week-over-week at six of the seven locations discussed below. DAP prices have hit a pause in the upward momentum that’s challenging companies (MOO) including Mosaic (MOS), Nutrien (NTR), and Israel Chemicals (ICL).
SASKATOON, Saskatchewan (AP) _ Nutrien Ltd. (NTR) on Monday reported a third-quarter loss of $1.04 billion, after reporting a profit in the same period a year earlier. The Saskatoon, Saskatchewan-based company said it had a loss of $1.70 per share. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.
Canadian fertilizer and farm supplies dealer Nutrien Ltd reported a better-than-expected quarterly profit and raised its full-year adjusted profit forecast, driven by strong demand for its potash fertilizers. The world's largest fertilizer company by capacity raised its full-year adjusted profit forecast to the range of $2.60-$2.80 per share, from its prior estimate of $2.40-$2.70 per share. Nutrien, formed by the merger of Agrium and Potash Corp of Saskatchewan in January, said its potash volumes rose 17 percent to 3.9 million tonnes at an average realized price of $212 per tonne in the third quarter.
The company, formed by the merger of Agrium Inc and Potash Corp of Saskatchewan in January, reported a net loss from continuing operations of $1.07 billion, or $1.74 per share, in the quarter ended Sept. 30. The company reported a loss of $53 million a year earlier, based on the combined results of Potash Corp and Agrium.
SASKATOON , Nov. 5, 2018 /CNW/ - Nutrien Ltd. ("Nutrien") announced today that following a strategic review of the company's potash portfolio, it has decided to permanently close its New Brunswick potash facility and will record a US$1.8 billion non-cash impairment in the third-quarter of 2018. The facility was placed in care and maintenance in early 2016 and has not produced potash since that time. The decision to close the New Brunswick potash facility reflects Nutrien's ability to increase potash production in Saskatchewan at a significantly lower operating and capital cost than resuming production in New Brunswick .