Mosaic (MOS) Expected to Announce Quarterly Earnings on Thursday

Mosaic (NYSE:MOS) is expected to post its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Mosaic to post earnings of $0.53 per share and revenue of $2.92 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Mosaic Stock Up 0.7 %

NYSE MOS opened at $25.51 on Wednesday. Mosaic has a 1 year low of $23.56 and a 1 year high of $33.44. The stock has a market capitalization of $8.10 billion, a PE ratio of 22.57, a PEG ratio of 1.42 and a beta of 1.34. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The business’s 50-day moving average is $26.19 and its 200 day moving average is $26.48.

Mosaic Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be given a $0.22 dividend. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date is Thursday, March 6th. Mosaic’s dividend payout ratio (DPR) is currently 77.88%.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Barclays cut shares of Mosaic from an “overweight” rating to an “underweight” rating and cut their price target for the company from $30.00 to $27.00 in a report on Tuesday, January 21st. Mizuho lifted their target price on shares of Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. Piper Sandler increased their price target on shares of Mosaic from $30.00 to $33.00 and gave the stock a “neutral” rating in a research note on Monday, January 27th. Royal Bank of Canada restated a “sector perform” rating and issued a $30.00 price objective on shares of Mosaic in a report on Thursday, November 14th. Finally, Morgan Stanley reduced their target price on Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $33.80.

Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.