Mosaic (MOS) Projected to Post Earnings on Wednesday

Mosaic (NYSE:MOS) will likely be releasing its earnings data before the market opens on Wednesday, February 19th. Analysts expect Mosaic to post earnings of $0.53 per share and revenue of $2.92 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Mosaic Stock Performance

NYSE:MOS opened at $26.54 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.19. Mosaic has a 52-week low of $23.56 and a 52-week high of $33.44. The firm has a market cap of $8.43 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 1.42 and a beta of 1.34. The business’s fifty day moving average is $26.19 and its 200 day moving average is $26.51.

Mosaic Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.32%. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Thursday, March 6th. Mosaic’s payout ratio is presently 74.34%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MOS. Piper Sandler boosted their price objective on Mosaic from $30.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, January 27th. Morgan Stanley decreased their target price on Mosaic from $40.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Barclays lowered Mosaic from an “overweight” rating to an “underweight” rating and decreased their target price for the stock from $30.00 to $27.00 in a research note on Tuesday, January 21st. Royal Bank of Canada restated a “sector perform” rating and issued a $30.00 target price on shares of Mosaic in a research note on Thursday, November 14th. Finally, Oppenheimer started coverage on Mosaic in a research note on Thursday, December 12th. They issued a “market perform” rating on the stock. One investment 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus 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.