Mosaic (MOS) Expected to Announce Quarterly Earnings on Thursday

Mosaic (NYSE:MOS) will likely be announcing its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $2.92 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Mosaic Stock Performance

Shares of NYSE MOS opened at $25.33 on Tuesday. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average price is $26.19 and its two-hundred day moving average price is $26.49. Mosaic has a 52-week low of $23.56 and a 52-week high of $33.44. The stock has a market capitalization of $8.04 billion, a P/E ratio of 22.41, a P/E/G ratio of 1.42 and a beta of 1.34.

Mosaic Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be issued a $0.22 dividend. The ex-dividend date is Thursday, March 6th. This represents a $0.88 dividend on an annualized basis and a yield of 3.47%. This is a boost from Mosaic’s previous quarterly dividend of $0.21. Mosaic’s dividend payout ratio (DPR) is currently 77.88%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MOS shares. Mizuho raised their target price on shares of Mosaic from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, November 13th. CIBC initiated coverage on shares of Mosaic in a report on Tuesday, December 10th. They issued a “neutral” rating and a $55.00 target price on the stock. Piper Sandler raised their price target on shares of Mosaic from $30.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, January 27th. Barclays lowered shares of Mosaic from an “overweight” rating to an “underweight” rating and dropped their price target for the company from $30.00 to $27.00 in a research note on Tuesday, January 21st. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $30.00 price target on shares of Mosaic in a research note on Thursday, November 14th. One 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. According to MarketBeat, Mosaic currently has a consensus 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.