Mosaic (MOS) Set to Announce Quarterly Earnings on Tuesday

Mosaic (NYSE:MOS) will be announcing its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.58 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Mosaic Price Performance

Shares of MOS opened at $27.73 on Friday. Mosaic has a 1-year low of $24.11 and a 1-year high of $38.30. The stock has a market cap of $8.84 billion, a PE ratio of 37.47, a price-to-earnings-growth ratio of 1.73 and a beta of 1.35. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.16 and a quick ratio of 0.54. The firm has a fifty day moving average price of $26.44 and a 200 day moving average price of $28.04.

Mosaic Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Thursday, September 5th were given a $0.21 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.84 dividend on an annualized basis and a yield of 3.03%. Mosaic’s dividend payout ratio (DPR) is presently 113.51%.

Insider Transactions at Mosaic

In other news, Director Kelvin R. Westbrook sold 12,666 shares of the business’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $27.32, for a total transaction of $346,035.12. Following the transaction, the director now directly owns 34,359 shares in the company, valued at $938,687.88. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Mosaic news, SVP Walter F. Precourt III sold 39,748 shares of the company’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the transaction, the senior vice president now directly owns 136,682 shares in the company, valued at approximately $3,821,628.72. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Kelvin R. Westbrook sold 12,666 shares of the company’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $27.32, for a total transaction of $346,035.12. Following the transaction, the director now owns 34,359 shares in the company, valued at $938,687.88. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.86% of the company’s stock.

Wall Street Analysts Forecast Growth

MOS has been the subject of a number of research reports. Mizuho reduced their price target on shares of Mosaic from $31.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. Barclays reduced their price target on shares of Mosaic from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Friday, October 11th. Royal Bank of Canada restated a “sector perform” rating and issued a $30.00 price objective on shares of Mosaic in a research note on Monday, August 12th. Finally, Wells Fargo & Company dropped their price objective on shares of Mosaic from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $33.11.

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.