The Mosaic Company (NYSE:MOS – Get Free Report) saw some unusual options trading on Wednesday. Stock traders acquired 14,502 call options on the stock. This represents an increase of 50% compared to the average volume of 9,672 call options.
Mosaic Price Performance
Mosaic stock opened at $24.18 on Thursday. The firm has a market capitalization of $7.68 billion, a PE ratio of 21.39, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. Mosaic has a 12-month low of $22.48 and a 12-month high of $33.44. The firm has a 50-day moving average price of $26.19 and a 200-day moving average price of $26.34. The company has a current ratio of 1.19, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27.
Mosaic Increases Dividend
The business 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 $0.22 dividend. The ex-dividend date is Thursday, March 6th. This is a boost from Mosaic’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.64%. Mosaic’s dividend payout ratio is presently 160.00%.
Institutional Investors Weigh In On Mosaic
Analyst Upgrades and Downgrades
Several analysts have recently commented on MOS shares. Wells Fargo & Company decreased their price objective on shares of Mosaic from $29.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Monday. Royal Bank of Canada boosted their price objective on Mosaic from $27.00 to $28.00 and gave the company a “sector perform” rating in a research report on Tuesday. Oppenheimer assumed coverage on Mosaic in a research report on Thursday, December 12th. They set a “market perform” rating for the company. Mizuho decreased their target price on Mosaic from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, Morgan Stanley dropped their price target on Mosaic from $40.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Nine investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Mosaic presently has a consensus rating of “Hold” and a consensus price target of $31.70.
View Our Latest Stock Report on MOS
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.
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