Mosaic (MOS) Scheduled to Post Quarterly Earnings on Tuesday

Mosaic (NYSE:MOS - Get Free Report) is scheduled to 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. Investors interested in participating in the company's conference call can do so using this link.

Mosaic (NYSE:MOS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The basic materials company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.12). Mosaic had a net margin of 2.01% and a return on equity of 6.92%. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter in the prior year, the firm posted $1.04 EPS. The company's revenue for the quarter was down 17.0% compared to the same quarter last year. On average, analysts expect Mosaic to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Mosaic Stock Down 0.9 %

Shares of NYSE:MOS traded down $0.25 during trading hours on Tuesday, hitting $28.08. The company's stock had a trading volume of 3,094,904 shares, compared to its average volume of 4,337,978. Mosaic has a 52 week low of $24.11 and a 52 week high of $38.30. 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 company has a market capitalization of $8.95 billion, a price-to-earnings ratio of 38.28, a P/E/G ratio of 1.69 and a beta of 1.35. The firm's fifty day moving average price is $26.50 and its 200 day moving average price is $28.10.

Mosaic Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were issued a $0.21 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.84 annualized dividend and a dividend yield of 2.99%. Mosaic's dividend payout ratio is currently 113.51%.

Insider Transactions at Mosaic

In other news, Director Kelvin R. Westbrook sold 12,666 shares of the firm's stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $27.32, for a total value of $346,035.12. Following the completion of the transaction, the director now directly owns 34,359 shares in the company, valued at $938,687.88. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, SVP Walter F. Precourt III sold 39,748 shares of Mosaic stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $27.96, for a total transaction of $1,111,354.08. Following the completion of the transaction, the senior vice president now directly owns 136,682 shares in the company, valued at approximately $3,821,628.72. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kelvin R. Westbrook sold 12,666 shares of Mosaic stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $27.32, for a total value of $346,035.12. Following the transaction, the director now owns 34,359 shares of the company's stock, valued at approximately $938,687.88. This represents 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.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Wells Fargo & Company reduced their price target on shares of Mosaic from $29.00 to $27.00 and set an "equal weight" rating for the company in a report on Tuesday, September 24th. Mizuho cut their price objective on shares of Mosaic from $31.00 to $28.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 9th. Barclays cut their price objective on shares of Mosaic from $32.00 to $30.00 and set an "overweight" rating on the stock in a research report on Friday, October 11th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $30.00 price objective on shares of Mosaic in a research report on Monday, August 12th. Finally, UBS Group cut their price objective on shares of Mosaic from $33.00 to $30.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 9th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus 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.