NTR - Nutrien Ltd.

NYSE - NYSE Delayed Price. Currency in USD
+0.72 (+1.54%)
At close: 4:02PM EST
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Previous Close46.90
Bid47.62 x 1400
Ask47.57 x 1200
Day's Range46.78 - 47.69
52 Week Range43.96 - 56.00
Avg. Volume1,122,851
Market Cap27B
Beta (5Y Monthly)N/A
PE Ratio (TTM)6.66
EPS (TTM)7.15
Earnings DateN/A
Forward Dividend & Yield1.80 (3.84%)
Ex-Dividend Date2019-09-27
1y Target Est58.28
  • Business Wire

    Nutrien Declares Quarterly Dividend of US$0.45 Per Share

    Nutrien Ltd. (Nutrien) (NYSE, TSX: NTR) announced today that its Board of Directors has declared a quarterly dividend of US$0.45 per share payable January 16, 2020 to shareholders of record on December 31, 2019.

  • Reuters

    UPDATE 2-K+S says considering sale of stakes in North American businesses

    German potash and salt miner K+S said it was looking into selling stakes in its North American businesses because an ongoing cost cutting push would not yield enough savings to reach its debt reduction target. A company spokesman said K+S was considering selling a stake in its Bethune potash mine in Canada - which the company values at nearly 5 billion euros ($5.5 billion) - or bringing in an industry partner.

  • Hedge Funds Are Warming Up To Nutrien Ltd. (NTR)
    Insider Monkey

    Hedge Funds Are Warming Up To Nutrien Ltd. (NTR)

    Does Nutrien Ltd. (NYSE:NTR) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend to […]

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    Insider Monkey

    Hedge Funds Love Electronic Arts (EA) Way More Than These Stocks

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  • Business Wire

    Nutrien Increases its Existing Share Repurchase Program

    Nutrien Ltd. (Nutrien) (NYSE, TSX: NTR) announced today acceptance by the Toronto Stock Exchange (TSX) of the amendment to its previously announced normal course issuer bid (NCIB) to increase the number of common shares it may purchase commencing on December 2, 2019. The maximum number of shares that may be repurchased under the NCIB was increased to 42,164,420 common shares, representing 7 percent of the "public float" (within the meaning of the TSX rules), as of February 19, 2019. The increase will allow Nutrien to repurchase and cancel an additional 12,030,789 common shares until the expiry of the NCIB on February 26, 2020.

  • Benzinga

    Operations At Canadian National Resume

    Operations at Canadian National (NYSE: CNI) are returning to normal days after the railway and the Teamsters Canada Rail Conference (TCRC) announced a tentative end to an eight-day strike. TCRC said operations resumed at 6:00 a.m. local time across Canada on Nov. 27. Canadian National (CN) conductors, transpersons and yard workers went on strike on Nov. 19.

  • Benzinga

    "Every Option" On Table To End CN Strike, Canadian Minister Says

    A Canadian federal minister signaled that the federal government would consider forcing an end to the nearly week-old strike by Canadian National (NYSE: CNI)  workers that has taken an increasingly grave toll on the country's supply chain. "Every option is always on the table, but for the time being, we hope we can get to an agreement," Marie-Claude Bibeau said in Regina, Saskatchewan, Nov. 25. Bibeau's comments came as CN reported a 37% drop in revenue ton-miles and a 19% decline in carloads during the week of Nov. 17-23.

  • Barrons.com

    Fertilizer Stocks Will Benefit From a Corn Rebound

    Bank of America Merrill Lynch analyst Steve Byrne upgraded CF Industries Holding and Nutrien to Buy from Neutral on Monday.

  • Nutrien’s Potash Mine Closure Adds to Bite of Canada Rail Strike

    Nutrien’s Potash Mine Closure Adds to Bite of Canada Rail Strike

    (Bloomberg) -- The world’s largest fertilizer producer plans to temporarily close its biggest potash mine as the impact of a Canadian rail strike continues to spread.Nutrien Ltd. said Monday it notified workers of a two-week shutdown starting Dec. 2 at its Rocanville mine in the western Canadian province of Saskatchewan. About 550 of 600 employees are expected to be laid off.It’s the latest sign that the strike by 3,200 conductors and railyard operators that began on Nov. 19 at Canadian National Railway Co. is starting to bite. Ships are waiting for grain off the West coast and the Montreal Port Authority reported cargoes of grain, sugar, minerals and bulk liquids are stalled on CN convoys.“It is extremely disappointing that in a year when the agricultural sector has been severely impacted by poor weather and trade disputes, the CN strike will add further hardship to the Canadian agriculture industry,” Chuck Magro, chief executive officer of Saskatoon, Saskatchewan-based Nutrien said in a statement. “Any further disruption will be harmful to our business, the Canadian economy, and Canada’s competitive position and reputation as a reliable supplier of fertilizer and food.”More LayoffsThe shutdown equates to about 250,000 tons of potash production, according to Alexis Maxwell, a research director for Bloomberg Green Markets. Global potash markets have been weak this year, which has already prompted Nutrien to curtail production at some of it’s other Saskatchewan mines.More furloughs are looming. In Halifax, Nova Scotia, on Canada’s east coast, the Unifor union said it received notice that 70 workers at a CN Rail autoport facility, which handles car distribution across North America, will be laid off as of Thursday due to the strike. The Chemical Industry Association of Canada also predicted companies would soon be shutting down operations and laying off workers.Port DelaysAbout 12 vessels are waiting for grain in English Bay and another four in the Gulf Islands off the west coast of Vancouver, according to the Port of Vancouver.“Things will really start to escalate at this point,” Mark Hemmes, president of grain monitor Quorum Corporation, said in a phone interview. “You can get away with a week or maybe 10 days, and see some recoverability.”Jonathan Abecassis, a spokesman for CN, said negotiations continue and reiterated a call for binding arbitration. The network is operating at about 10% capacity, CN has said. A representative for the Teamsters Canada Rail Conference union didn’t immediately return calls.Read more: Oil, Wheat Shipments Grind to Halt and Imperil Canada’s EconomyThe government, which faces calls from provinces and industry groups to force strikers back to work, has so far repeated a preference for a negotiated settlement.The dispute, over working conditions and benefits, is threatening to hobble Canada’s export industries and stunt its already weakening growth. The strike could shave off almost a quarter-point from growth this quarter if it lasts through Dec. 5, according to Toronto-Dominion Bank economists. That’s when lawmakers, who have the power to break the impasse, return to parliament.CN shares were down 0.3% at C$120.98 at 2 p.m. in Toronto and have lost about 2.3% since the strike began on Nov. 19.Farmers in Montreal also marched to Prime Minister Justin Trudeau’s constituency office in the city on Monday to urge the government to find a way to end the strike.An increasing number of grain producers have run out of propane and have little choice but to let crops rot in the fields, with financial losses in sight, said Patrice Juneau, a spokesman for the Quebec farmers union, L’Union des producteurs agricoles. Small animals such as piglets or chicks also can’t survive without heating, he said.Some companies are starting to pitch in. Calgary-based Pembina Pipeline Corp. said in a statement Sunday that it plans to ship propane to parts of Canada, including Quebec. It’s preparing unit trains, made up of 105 cars, with propane sourced from western Canada. “Pembina’s facility is the only one in Canada capable of amassing these quantities of propane and building such unit trains,” the company said in its release.\--With assistance from Natalie Obiko Pearson.To contact the reporters on this story: Sandrine Rastello in Montreal at srastello@bloomberg.net;Ashley Robinson in Winnipeg (Non BLP Loc) at arobinson193@bloomberg.netTo contact the editors responsible for this story: David Scanlan at dscanlan@bloomberg.net, Jacqueline ThorpeFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    UPDATE 1-Canada's Nutrien to temporarily shut its largest potash mine due to rail strike

    Canada's Nutrien Ltd, the world's biggest fertilizer company by capacity, said on Monday it would temporarily shut its largest potash mine due to a railway strike. The strike by some 3,200 unionized employees at Canadian National Railway Co was in its seventh day, leaving 35 vessels waiting on Canada's West Coast.

  • TEST Business Wire Releases

    Nutrien Prepares to Shut Down Rocanville Potash Mine Due to CN Strike

    Nutrien Ltd. (Nutrien) announced today that it will be forced to curtail production at its largest potash mine, Rocanville, due to the CN rail strike. Employee notices were sent out today indicating the mine will be shut down for 2 weeks starting on December 2.

  • Business Wire

    Nutrien to Present at the Citi 2019 Basic Materials Conference

    Nutrien Ltd. announced today that Mr. Pedro Farah, Nutrien’s Executive Vice President and CFO, will be presenting at the Citi 2019 Basic Materials Conference in New York, NY., on Wednesday, December 4, 2019 at 11:00 a.m.

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  • Business Wire

    Nutrien to Present at the Morgan Stanley Global Chemicals and Agriculture Conference

    Nutrien Ltd. announced today that Mr. Pedro Farah, Nutrien’s Executive Vice President and CFO, will be presenting at the Morgan Stanley Global Chemicals and Agriculture Conference in Boston, MA., on Wednesday, November 13, 2019 at 8:45 a.m.

  • Nutrien (NTR) Lags Q3 Earnings and Revenue Estimates

    Nutrien (NTR) Lags Q3 Earnings and Revenue Estimates

    Nutrien (NTR) delivered earnings and revenue surprises of -45.45% and -3.40%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Earnings: 3 ‘Strong Buy’ Stocks to Watch Monday

    Earnings: 3 ‘Strong Buy’ Stocks to Watch Monday

    There’s no sense denying the fact that investors are relieved by the results so far in Q3 earnings season. Through the summer there were growing signs of a general slowdown in the global economy, and market watchers had expected Q3 results to come in below par. So far, that hasn’t happened – results are good.To date, 341 S&P 500 companies have released their quarterly performance. While aggregate earnings are down 0.6%, that is more than balanced by 4.9% gain in revenues. Of the companies that have reported so far, 60% beat the revenue forecasts and 74% showed EPS beats. These results are generally in-line with Q2, and the percentage of companies beating estimated revenue and EPS is close to the historical average.We’ve taken a dive into TipRanks’ Best Stocks to Buy tool to find three buy-rated large-cap stocks that are reporting earnings today after market close. Are these the right investments for you? We’ll give you the lowdown on them, and you can decide for yourself.Uber Technologies (UBER)At this point, Uber doesn’t really need an introduction. This Silicon Valley tech company has disrupted the ride-for-hire market, making inroads against traditional taxi services by bringing the on-demand model to both the driver and passenger ends of the ride sharing market. Drivers can work at their own convenience, and passengers can use the app to call for rides when they need it. It makes a nice fit to meet a real need.Unfortunately, Uber management has not been particularly effective at telling the company story in the markets, or at investor relations. The stock is down 30% since the IPO back in May, and like many new tech companies, Uber operates at a net loss. At the same time, the EPS forecast for today's Q3 report is for a loss of 83 cents per share – a far better performance than the $4.72 loss reported in Q2. Uber’s cumulative loss is over $6 billion for the current fiscal year.So why is this stock a Strong Buy? Uber burned through nearly $2 billion in calendar Q1 and Q2, but as pointed out, market watchers expect that the company will narrow its losses. Free cash flow will be a key metric in the quarterly report. It’s expected that a 16% increase in revenues will improve the FCF situation.Wedbush analyst Daniel Ives sums up the bull case on UBER: “The brand loyalty of Uber is hard to dispute as the company continues to attract drivers and consumers illustrating an impressive formula to go after a $5.7 trillion opportunity globally on transportation which swells to $7-$8 trillion when including third-party food delivery and freight/logistics. A core tenet of our bull thesis on Uber is around the company’s ability to morph its unrivaled ridesharing platform into a broader consumer engine with Uber Eats, Uber Freight, and autonomous initiatives “just scratching the surface” on the full monetization potential of this platform over the next decade.”Ives rates UBER stock a Buy along with $58 price target, which implies about 85% upside from current levels. (To watch Ives' track record, click here)Writing from Guggenheim, 5-star analyst Jake Fuller initiated coverage of UBER with a $40 price target. He said, “Rising prices in the U.S. should fuel a strong 2H for UBER, potentially highlighting the leverage in the model and bringing more aggressive EBITDA scenarios into focus. Challenges remain for sure, but we see UBER at a potential turning point.” His price target indicates a 27% upside to the stock.Net net, most of the Street have not given up on the company just yet, as TipRanks analytics showcase UBER as a Strong Buy. Out of 25 analysts polled in the last 3 months, 20 are bullish on the stock, while 5 remain sidelined. With a potential upside of 63%, the stock’s consensus target price stands at $51.17. (See Uber stock analysis on TipRanks)Nutrien (NTR)This company is a major player in the agricultural industry. It was formed from a merger of PotashCorp and Agrium, and started doing business as Nutrien in January 2018. The new company, based in Saskatoon, Canada, is now the world’s manufacturer of largest potash and nitrogen fertilizer, filling a vital niche for big agribusiness. Nutrien has a market cap of $27.7 billion, and management estimates that the merger deal cut expenses by $500 million.Nutrien reported $1.58 EPS in Q2, and the forecast for Q3 is $0.36. The reduction is not cause for worry – looking at the company’s earnings history, Q2 is their big report, while the other three quarters show lower results. As long as the company’s earnings conform to the pattern, investors will take it in stride.The markets have put headwinds in Nutrien’s way, especially in regard to the US-China trade dispute. North American soybean farmers were hit hard by the trade war, and that led to reduced demand for fertilizers. Rough weather and a difficult growing season last year also hurt the bottom line. At the same time, farmers can’t do without Nutrien’s product, and the stock is up 2.7% year-to-date. It’s nothing spectacular, but it is a gain.It’s fitting that RBC Capital – Canada’s major investment bank – takes a bullish view on this Canadian company. Andrew Wong gives NTR shares a $60 price target and a 24% upside potential, saying, “We think Nutrien remains an attractive investment with strong cash generation and solid financials, despite this year's weather-related ag challenges in the US and near-term potash price weakness. We believe the set-up for ag fundamentals in 2020 is constructive and significant potash industry curtailments should support prices.” (To watch Wong's track record, click here)CIBC’s Jacob Bout is also bullish here, seeing a 45% upside to NTR and setting a $70 price target. Bout writes, “We continue to believe 2020 will see a meaningful improvement, driven by a larger U.S. crop and potentially normalized weather patterns, resulting in a rebound in North American fertilizer demand. We reaffirm our Outperformer rating, expecting NTR to generate strong FCF through the cycle…”These analysts are not the only fans of the Canadian fertilizer maker on Wall Street, as TipRanks analytics exhibit NTR as a Strong Buy. Based on 8 analysts polled in the last 3 months, 6 rate a Buy on Nutrien stock while 2 maintain a Hold. The 12-month average price target stands at $60.92, marking a 26% upside from where the stock is currently trading. (See Nutrien stock analysis on TipRanks)Hartford Financial Services (HIG)You’ve probably heard of The Hartford – this major insurance company has been for 25 years the official underwriter for the auto and home policies provided through the AARP. With over 38 million members, the AARP, representing senior citizens, is one of the largest special interest lobbying groups in the country; Hartford’s arrangement with them gives the insurer a massive customer base.Overall, Hartford is the ninth largest property and casualty insurance company in the US. The company mainly sells policies through a network of agents and brokers, and has divisions offering insurance, group benefits, and mutual funds. The company has a market cap of nearly $21 billion, and brings in over $17 billion in annual revenues. Even better, from an investor’s perspective, HIG’s $1 billion-plus in annual net profits allows the company to maintain a 2.09% dividend yield, paying out $1.20 per share annualized.This is a solid company. Looking ahead at the earnings forecast, analysts expect HIG to report $1.26 EPS, a 9.5% gain year-over-year. It’s important to note that HIG has exceeded the EPS forecast in each of the last eight quarters.Paul Newsome, 5-star analyst with Sandler O’Neill, sees this stock a buying proposition. He sets a $68 price target, indicating confidence in an 18% upside. Newsome says simply, “We value shares of The Hartford by applying a roughly 140% multiple to our expected one-year forward (4Q20) book value of $48.11. We continue to believe HIG's shares are attractive at 9.9x forward earnings.” (To watch Newsome's track record, click here)Weighing in from Evercore ISI, analyst David Motemaden boosted his price target from $62 to $65. He writes of HIG shares, “We think HIG has less EPS risk than the industry given very little favorable PYD/reserve releases embedded in consensus estimates despite a redundant workers comp book that we think provides cushion to offset pressure from other lines of business and we think could still result in upside to estimates should the reserves develop in line with our expectations.” Motemaden’s new price target suggests an upside of 13% for this stock.Overall, this financial player stands as a 'Strong Buy' name among Wall Street analysts. In the last three months, HIG has won three bullish recommendations. With a return potential of close to 20%, the stock's consensus price target lands at $69. (See Hartford stock analysis on TipRanks)

  • Analysts Estimate Nutrien (NTR) to Report a Decline in Earnings: What to Look Out for

    Analysts Estimate Nutrien (NTR) to Report a Decline in Earnings: What to Look Out for

    Nutrien (NTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • This winning stock investing strategy may be losing its mojo after 12 years

    This winning stock investing strategy may be losing its mojo after 12 years

    Now they are cautiously, tentatively, wondering if this time will be different: Value in September had one of its strongest months in many years, relative to growth — with the S&P 500 Value Index outperforming the S&P 500 Growth index by 3.4 percentage points. One perspective on this question is provided by the chart below, which plots the relative performance of the S&P 500 Growth Index over the S&P 500 Value Index. Notice that the late-August peak in this relative performance came at almost precisely the same level that prevailed when the internet bubble burst in early 2000.