Mosaic (MOS) Projected to Post Earnings on Thursday

Mosaic (NYSE:MOS - Get Free Report) is anticipated to announce 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 that wish to listen to the company's conference call can do so using this link.

Mosaic Stock Performance

Shares of NYSE MOS traded down $0.85 during trading on Friday, reaching $25.77. 2,358,886 shares of the stock traded hands, compared to its average volume of 4,745,381. Mosaic has a 52-week low of $23.56 and a 52-week high of $33.44. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.19 and a quick ratio of 0.49. The company has a 50-day moving average of $26.22 and a 200-day moving average of $26.51. The stock has a market capitalization of $8.19 billion, a P/E ratio of 22.81, a price-to-earnings-growth ratio of 1.45 and a beta of 1.34.

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 issued a dividend of $0.22 per share. This is a boost from Mosaic's previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.88 dividend on an annualized basis and a yield of 3.41%. Mosaic's dividend payout ratio is 74.34%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Barclays cut Mosaic from an "overweight" rating to an "underweight" rating and dropped their price objective for the stock from $30.00 to $27.00 in a report on Tuesday, January 21st. Mizuho increased their price objective on Mosaic from $28.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, November 13th. CIBC assumed coverage on Mosaic in a report on Tuesday, December 10th. They set a "neutral" rating and a $55.00 price objective on the stock. Piper Sandler increased their price objective on Mosaic from $30.00 to $33.00 and gave the stock a "neutral" rating in a report on Monday, January 27th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $30.00 price objective on shares of Mosaic in a report 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 company. Based on data from MarketBeat, Mosaic has an average rating of "Hold" and a consensus 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.