Mosaic (MOS) Expected to Announce Quarterly Earnings on Thursday

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

Mosaic Trading Up 0.1 %

Shares of NYSE MOS opened at $27.13 on Thursday. Mosaic has a one year low of $23.56 and a one year high of $33.44. The firm has a market capitalization of $8.62 billion, a PE ratio of 24.01, a PEG 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 business has a 50-day moving average price of $26.22 and a two-hundred day moving average price of $26.51.

Mosaic Increases Dividend

The company also recently declared 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 represents a $0.88 annualized dividend and a dividend yield of 3.24%. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. The ex-dividend date is Thursday, March 6th. Mosaic’s payout ratio is currently 77.88%.

Wall Street Analyst Weigh In

MOS has been the subject of several recent research reports. Piper Sandler boosted their price target on Mosaic from $30.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, January 27th. 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. Barclays downgraded 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 raised their price target on shares of Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, November 13th. Finally, CIBC initiated coverage on shares of Mosaic in a report on Tuesday, December 10th. They set a “neutral” rating and a $55.00 price target on the stock. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Mosaic currently has an average rating of “Hold” and an average 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.