Mosaic (MOS) Projected to Post Earnings on Wednesday

Mosaic (NYSE:MOS) is anticipated to release its earnings data before the market opens on Wednesday, February 19th. Analysts expect Mosaic to post earnings of $0.53 per share and revenue of $2.92 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Mosaic Trading Up 0.4 %

NYSE MOS opened at $26.54 on Tuesday. The company has a market cap of $8.43 billion, a price-to-earnings ratio of 23.48, a P/E/G ratio of 1.42 and a beta of 1.34. Mosaic has a 52 week low of $23.56 and a 52 week high of $33.44. The business has a 50 day moving average price of $26.19 and a 200-day moving average price of $26.51. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27.

Mosaic Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be issued a dividend of $0.22 per share. This is an increase from Mosaic’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.88 annualized dividend and a dividend yield of 3.32%. Mosaic’s payout ratio is currently 74.34%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MOS. Piper Sandler boosted their price objective on Mosaic from $30.00 to $33.00 and gave the company a “neutral” rating in a report on Monday, January 27th. Morgan Stanley decreased their price objective on Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Royal Bank of Canada restated a “sector perform” rating and set a $30.00 price objective on shares of Mosaic in a report on Thursday, November 14th. Barclays cut Mosaic from an “overweight” rating to an “underweight” rating and cut their target price for the company from $30.00 to $27.00 in a research report on Tuesday, January 21st. Finally, CIBC started coverage on Mosaic in a research report on Tuesday, December 10th. They set a “neutral” rating and a $55.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $33.80.

About Mosaic

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.