Mosaic (MOS) Expected to Announce Quarterly Earnings on Thursday

Mosaic (NYSE:MOS) is anticipated to release its earnings data 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 interested in registering for the company’s earnings conference call can do so using this link.

Mosaic Trading Up 0.7 %

NYSE:MOS opened at $25.51 on Wednesday. The company has a market cap of $8.10 billion, a PE ratio of 22.57, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The company has a 50 day simple moving average of $26.19 and a two-hundred day simple moving average of $26.48. Mosaic has a 12 month low of $23.56 and a 12 month high of $33.44.

Mosaic Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date is Thursday, March 6th. This is a boost from Mosaic’s previous quarterly dividend of $0.21. Mosaic’s dividend payout ratio is 77.88%.

Analyst Ratings Changes

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