CF

NORTHBROOK, Ill., July 08, 2026--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today reported that its board of directors has declared a $0.60 per share dividend on its common stock, a 20% increase compared to its prior quarterly dividend. The dividend will be payable on August 31, 2026, to stockholders of record as of August 14, 2026. Additionally, the Company confirmed that it will report its second quarter and first half 2026 results after the market close on Wednesday, August 5, 2026. The company plans to host a conference call to discuss these results at 11:00 a.m. ET on Thursday, August 6, 2026. Investors can access the call by dialing 833-634-5017 (toll-free) or 412-902-4213 (international) and ask to be joined into the CF Industries call. The conference call also will be available live on the Company’s website at www.cfindustries.com. Participants also may pre-register for the webcast on the Company’s website. Please log-in or dial-in at least 10 minutes prior to the start time to ensure a connection. A replay of the webcast will be available through the company’s website at www.cfindustries.com. About CF Industries Holdings, Inc. At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable low-carbon hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the Company’s website at www.cfindustries.com and encourages those interested in the Company to check there frequently. View source version on businesswire.com: https://www.businesswire.com/news/home/20260708744551/en/ Contacts For additional information:Media Chris CloseSenior Director, Corporate Communications847-405-2542 – [email protected] Investors Darla Riv...

It has been about a month since the last earnings report for CF Industries (CF). Shares have lost about 1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is CF due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for CF Industries Holdings, Inc. before we dive into how investors and analysts have reacted as of late. CF Industries reported first-quarter 2026 earnings of $3.98 per share, up from $1.85 in the year-ago quarter. Barring one-time items, adjusted earnings came in at $2.89 per share. The figure surpassed the Zacks Consensus Estimate of $2.43. Net sales rose around 19.4% year over year to roughly $1.99 billion in the quarter, beating the Zacks Consensus Estimate of $1.77 billion.In the first quarter, average selling prices increased from the same period in 2025, driven by strong global nitrogen demand and supply disruptions due to geopolitical issues. However, sales volumes were lower year over year, mainly due to lower urea ammonium nitrate and ammonium nitrate sales. Net sales in the Ammonia segment increased 20.5% to $627 million in the reported quarter, beating our estimate of $505 million. The adjusted gross margin per ton for ammonia from the year-ago period, mainly due to higher average selling prices, was partially offset by higher maintenance costs and higher realized natural gas costs. Sales in the Granular Urea segment rose 34.4% year over year to $590 million, surpassing our estimate of $436.2 million. The adjusted gross margin per ton for granular urea increased from the year-ago period, mainly driven by higher average selling prices, though partly offset by higher realized natural gas costs. Sales in the UAN segment rose around 24.04% year over year to $583 million, beating our estimate of $471.2 million. The adjusted gross margin per ton for UAN increased from the previous year, mainly due to higher average selling prices, partially offset by higher realized natural gas costs. Sales in the AN segment declined around 42.6% year over year to $58 million, missing our estimate of $100.2 million. The adjusted gross margin per ton for AN declined from the year-ago period, mainly due to costs related to the ongoing outage at the company’s Yazoo City, MS, complex, part...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Recent commentary around CF Industries Holdings (CF) centers on tighter global nitrogen fertilizer supply and lower feedstock costs, which are contributing to stronger earnings expectations and a more supportive investment narrative for the stock. See our latest analysis for CF Industries Holdings. The recent tightening in nitrogen supply and lower feedstock costs help explain why CF Industries Holdings’ share price is up 46.66% year to date, even after a 1 month share price return that is down 8.22%. The 5 year total shareholder return of 143.10% reflects how the stock has rewarded investors prepared to look through shorter term swings in sentiment. If you want to see how other companies exposed to energy and fertilizer themes are trading, this is a good time to scan 88 nuclear energy infrastructure stocks With CF Industries’ share price sharply higher this year, rising analyst price targets, and an estimated 28% intrinsic discount, the key question is whether the stock still offers value or if the market is already pricing in future growth. CF Industries Holdings last closed at $117.52, while the most widely followed narrative anchors on a fair value of $85.00, framing the current debate around how durable today’s earnings power really is. Read the complete narrative. Want to see what this narrative is really baking in? It leans on pressured top line, slimmer margins, and very specific earnings and buyback assumptions to justify $85. Result: Fair Value of $85.00 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, there are still clear swing factors, including how long tight nitrogen supply and gas cost advantages last, and whether Blue Point execution stays on track. Find out about the key risks to this CF Industries Holdings narrative. The bearish narrative leans on future earnings pressure to call CF Industries Holdings 38.3% overvalued at a fair value of $85. Yet on simple P/E, the stock trades at 10.3x, well below the fair ratio of 14.4x, the US Chemicals industry at 27.7x, and peers at 62.1x. That kind of gap can signal valuation risk or opportunity. Which side do you think the market is mispricing? To stress test these multiples against your own expectations, it helps to see what the numbers im...

In early May 2026, CF Industries Holdings reported first-quarter 2026 results showing sales of US$1,986 million and net income of US$615 million, alongside ongoing share repurchases totaling 3,577,716 shares for US$293.92 million under its May 2025 buyback program. At the same time, the company flagged reduced full-year 2026 ammonia output due to a Yazoo City outage, even as tightening global nitrogen supply and higher fertilizer prices have turned CF Industries into a key beneficiary of current supply constraints. We will now examine how strong first-quarter earnings amid constrained ammonia production influence CF Industries’ existing investment narrative and risk-return profile. AI is about to change healthcare. These 32 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. To own CF Industries today, you have to believe that tight global nitrogen supply and resilient fertilizer demand can support attractive economics even as the Yazoo City outage caps 2026 ammonia output. The key near term catalyst is fertilizer pricing under strained global supply, while the biggest risk is operational and earnings drag if Yazoo City issues or other outages persist. First quarter results show that, so far, reduced production has not materially weakened overall profitability. The completed repurchase of 3,577,716 shares for US$293.92 million under the May 2025 buyback frames this quarter’s earnings in a useful way. Management has continued returning cash to shareholders while dealing with lower ammonia volumes and higher global nitrogen prices, which ties directly into the current catalyst of strong cash generation in a constrained supply market and the risk that prolonged disruptions could eventually limit that financial flexibility. Yet beneath the strong quarter, investors should be aware of how extended Yazoo City downtime could... Read the full narrative on CF Industries Holdings (it's free!) CF Industries Holdings' narrative projects $6.9 billion revenue and $1.5 billion earnings by 2029. This implies a 2.3% yearly revenue decline and a $0.3 billion earnings decrease from $1.8 billion today. Uncover how CF Industries Holdings' forecasts yield a $120.95 fair value, a 3% downside to its current price. Some of the lowest analysts were already assuming reven...

Download the Complete Report Here Key Takeaways: FEED award moves Autazes toward lender-ready execution planning, with Wood and Promon strengthening technical credibility and Brazilian delivery capability. The $63.3 million equity raise materially improves liquidity, supporting FEED, engineering, and development work while project financing discussions continue. 1Q26 progress across water rights, Mura engagement, and BOOT proposals further de-risked key regulatory, community, and infrastructure workstreams. Development-stage financials improved y/y, with operating loss narrowing to $4.1 million from $18.7 million on lower non-cash compensation. Valuation remains compelling at $93 million pro forma EV, with rerating tied to FEED completion and construction financing milestones. Surface FEED contract award materially improves Autazes’ bankability and advances the project from permitting-led de-risking toward lender-facing execution readiness. In May 2026, GRO awarded the FEED contract for key surface infrastructure to a Wood plc and Promon Engenharia consortium, covering the processing plant, tailings facility, river barge port, and approximately 13 km of road upgrades linking the plant to the port. This scope is central to the project’s execution case as it ties together processing throughput, tailings handling, water balance, power requirements, port logistics, and construction sequencing into a single engineering framework. The FEED work should make the financing process more actionable by replacing broad project assumptions with diligence-ready engineering detail. That should improve lender confidence in the construction plan, sharpen the basis for cost and schedule discussions, and give DFIs, ECAs, infrastructure partners, and strategic equity investors a more concrete framework for evaluating risk, returns, and required capital commitments. The Wood-Promon consortium is important because it combines global potash engineering credibility with local Brazilian execution capability. Wood brings direct potash and fertilizer infrastructure experience, including K+S’s Bethune potash mine in Canada and multiple international potash expansions exceeding 8 million annual tons of production, which should support lender confidence in the FEED package. Promon adds more than 60 years of Brazilian EPCM and project management experience, including complex industrial, mi...

CF Industries (CF) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this fertilizer maker is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For CF Industries, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The company is expected to earn $4.03 per share for the current quarter, which represents a year-over-year change of +70.0%. Over the last 30 days, the Zacks Consensus Estimate for CF has increased 29.83% because two estimates have moved higher compared to no negative revisions. For the full year, the company is expected to earn $13.90 per share, representing a year-over-year change of +48.4%. In terms of estimate revisions, the trend for the current year also appears quite encouraging for CF. Over the past month, four estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 39.79%. The promising estimate revisions have helped CF earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Investors have been betting on CF because of its solid estimate revisions, as evident from the stock's 9.6% gain over the past four wee...

Image source: The Motley Fool. Thursday, May 7, 2026 at 11 a.m. ET President and Chief Executive Officer — Christopher D. Bohn Senior Vice President, Sales, Procurement & Distribution — Bert A. Frost Senior Vice President and Chief Financial Officer — Richard Hoker Vice President, Investor Relations — Martin A. Jarosick Need a quote from a Motley Fool analyst? Email [email protected] Christopher D. Bohn: Thanks, Martin. Good morning, everyone. Yesterday afternoon, we posted results for 2026 in which we generated adjusted EBITDA of $983 million. These results reflect a continued focus on safety, operational excellence, and disciplined execution by our team. Starting with safety, our trailing twelve-month recordable incident rate at the end of the quarter was 0.16 incidents per 200,000 hours worked. This is a direct result of how our team lives our “Do It Right” culture every day. Operationally, we had another strong quarter, running available ammonia capacity at nearly 100%, and our commercial, logistics, and distribution teams ensured we met customers’ requirements leading into the North American spring application season. Our performance in the quarter also reflected the tight global nitrogen supply-demand balance that carried into 2026. Late in the quarter, the conflict with Iran severely tightened the global nitrogen market, a dynamic we expect to continue for some time. Lost production cannot be recovered. Damaged nitrogen and upstream feedstock capacity must be restored, and global trade flows will require time to recalibrate. In addition, the Russia-Ukraine war continues to disrupt nitrogen production at Russian facilities. From a macro perspective, we believe recent geopolitical disruptions are driving a fundamental shift in our global industry’s risk-return framework. First quartile producers have historically been defined by low natural gas costs alone. Recent supply disruptions from the Middle East and Russia show that low-cost feedstock is no longer enough. As a result, we see a clear divide within the first quartile. North America, where we have intentionally invested billions of dollars over decades to build the leading nitrogen manufacturing and distribution network, is low cost and low risk, representing premium-grade assets. This is in stark contrast to approximately 50% of first quartile capacity that is fragile and exposed, with low natural gas c...

CF Industries (CF) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.43 per share. This compares to earnings of $1.85 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +19.05%. A quarter ago, it was expected that this fertilizer maker would post earnings of $2.5 per share when it actually produced earnings of $2.99, delivering a surprise of +19.6%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. CF, which belongs to the Zacks Fertilizers industry, posted revenues of $1.99 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 12.45%. This compares to year-ago revenues of $1.66 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. CF shares have added about 65.6% since the beginning of the year versus the S&P 500's gain of 6%. While CF has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for CF was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to se...

Fertilizer producer CF Industries breezed past expectations for revenue and profits on Wednesday. The stock rose 30% in March when Iran closed the Strait of Hormuz, which led to a global supply shortage.

CF Industries Holdings, Inc. CF reported first-quarter 2026 earnings of $3.98 per share, up from $1.85 in the year-ago quarter. Barring one-time items, adjusted earnings came in at $2.89 per share. The figure surpassed the Zacks Consensus Estimate of $2.43. Net sales rose around 19.4% year over year to $1,986 million in the quarter, beating the Zacks Consensus Estimate of $1,766.2 million. In the first quarter, average selling prices increased from the same period in 2025, driven by strong global nitrogen demand and supply disruptions due to geopolitical issues. However, sales volumes were lower year over year, mainly due to lower urea ammonium nitrate and ammonium nitrate sales. CF Industries Holdings, Inc. price-consensus-eps-surprise-chart | CF Industries Holdings, Inc. Quote Net sales in the Ammonia segment increased 20.5% to $627 million in the reported quarter, beating our estimate of $505 million. The adjusted gross margin per ton for ammonia from the year-ago period, mainly due to higher average selling prices, was partially offset by higher maintenance costs and higher realized natural gas costs. Sales in the Granular Urea segment rose 34.4% year over year to $590 million, surpassing our estimate of $436.2 million. The adjusted gross margin per ton for granular urea increased from the year-ago period, mainly driven by higher average selling prices, though partly offset by higher realized natural gas costs. Sales in the UAN segment rose around 24.04% year over year to $583 million, beating our estimate of $471.2 million. The adjusted gross margin per ton for UAN increased from the previous year, mainly due to higher average selling prices, partially offset by higher realized natural gas costs. Sales in the AN segment declined around 42.6% year over year to $58 million, missing our estimate of $100.2 million. The adjusted gross margin per ton for AN declined from the year-ago period, mainly due to costs related to the ongoing outage at the company’s Yazoo City, MS, complex, partially offset by higher average selling prices. As of March 31, 2026, CF Industries’ cash and cash equivalents were $2.04 billion, up 3% year over year. Long-term debt was $3,216 million, flat year over year. Net cash provided by operating activities was $496 million in the reported quarter, down nearly 15,.4% year over year. The company repurchased 155,000 shares for $15 millio...

Management attributes strong performance to operational excellence, running ammonia capacity at nearly 100% while leveraging a low-cost North American manufacturing and distribution network. The conflict with Iran and closure of the Strait of Hormuz have introduced a significant supply shock, removing a meaningful portion of low-cost global supply during peak season. A fundamental shift in the industry's risk-return framework is occurring, where low-cost feedstock is no longer sufficient without considering geopolitical stability. Approximately 50% of global first-quartile capacity is now classified by management as 'fragile and exposed' due to extreme geopolitical risks in the Middle East and Russia. Mid-cycle economics have strengthened, as higher urea prices are now required to incentivize new capacity to offset increased geopolitical risk premiums and capital costs. Operational flexibility, such as delaying a turnaround at Donaldsonville, allowed the company to produce an additional 100 thousand tons of urea to meet North American spring demand. Global nitrogen markets are expected to remain tight through 2026 and into 2027 due to unrecoverable production losses and the time required for trade flows to recalibrate. India's urea import requirements for 2026 are projected to rise to 10 million to 12 million metric tons, which would be nearly double its 2024 levels, due to domestic production issues and low inventories. Structural tightening is anticipated through the end of the decade as new global nitrogen capacity under construction is expected to fall short of traditional demand growth rates. Construction on the Blue Point ammonia plant is slated to begin in 2026, with operations expected to start in late 2029, adding 1.5 million tons of gross capacity. Management expects to continue opportunistic share repurchases, with $1.7 billion remaining on the current authorization as shares are viewed as trading below intrinsic value. A $170 million gain was recorded in the first quarter following a litigation settlement with Orica and Nelson Brothers. Geopolitical risk premiums are viewed as an enduring structural headwind that will increase the cost of capital for producers in exposed regions. Export restrictions in China, Russia, and a new $90 per metric ton duty in Egypt are further constraining global nitrogen trade flows. The conflict has impacted approxim...

For the quarter ended March 2026, CF Industries (CF) reported revenue of $1.99 billion, up 19.4% over the same period last year. EPS came in at $2.89, compared to $1.85 in the year-ago quarter. The reported revenue represents a surprise of +12.45% over the Zacks Consensus Estimate of $1.77 billion. With the consensus EPS estimate being $2.43, the EPS surprise was +19.05%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how CF performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Sales volume by product - Ammonia: 1,103.00 KTon versus the four-analyst average estimate of 1,042.68 KTon. Tons of product sold - Total: 4,683.00 KTon versus 4,621.28 KTon estimated by four analysts on average. Sales volume by product - Granular Urea: 1,291.00 KTon versus 1,125.91 KTon estimated by four analysts on average. Sales volume by product - UAN (urea ammonium nitrate): 1,671.00 KTon compared to the 1,766.81 KTon average estimate based on four analysts. Average selling price per product ton - Granular Urea: $457.00 versus the three-analyst average estimate of $426.41. Average selling price per product ton - Ammonia: $568.00 versus $519.93 estimated by three analysts on average. Sales volume by product - Other Sales volume: 488.00 KTon versus the three-analyst average estimate of 522.45 KTon. Net Sales- Ammonia: $627 million versus $547.81 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +20.6% change. Net Sales- Granular Urea: $590 million versus the four-analyst average estimate of $489.43 million. The reported number represents a year-over-year change of +34.4%. Net Sales- UAN (urea ammonium nitrate): $583 million compared to the $556.43 million average estimate based on four analysts. The reported number represents a change of +24% year over year. Net Sales- AN (ammonium nitrate): $58 million versus the three-analyst average estimate of $83.38 million. The re...