Scotiabank Issues Pessimistic Forecast for Mosaic (NYSE:MOS) Stock Price

Mosaic (NYSE:MOS - Free Report) had its target price cut by Scotiabank from $34.00 to $31.00 in a research report report published on Monday morning,Benzinga reports. They currently have a sector outperform rating on the basic materials company's stock. Scotiabank also issued estimates for Mosaic's Q1 2025 earnings at $0.36 EPS, FY2025 earnings at $2.19 EPS and FY2026 earnings at $2.81 EPS.

MOS has been the subject of several other reports. CIBC began coverage on shares of Mosaic in a report on Tuesday, December 10th. They issued a "neutral" rating and a $55.00 price objective for the company. Piper Sandler upped their price target on Mosaic from $30.00 to $33.00 and gave the stock a "neutral" rating in a research note on Monday, January 27th. Mizuho raised their price objective on Mosaic from $28.00 to $29.00 and gave the company a "neutral" rating in a research report on Wednesday, November 13th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $30.00 price target on shares of Mosaic in a research note on Thursday, November 14th. Finally, Morgan Stanley dropped their price objective on shares of Mosaic from $40.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Nine analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $31.70.

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Mosaic Trading Up 3.7 %

NYSE:MOS traded up $0.88 during trading hours on Monday, hitting $24.79. The company had a trading volume of 5,430,434 shares, compared to its average volume of 5,803,557. 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 stock has a 50-day moving average price of $26.19 and a 200 day moving average price of $26.34. The company has a market capitalization of $7.87 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. Mosaic has a 52 week low of $22.48 and a 52 week high of $33.44.

Mosaic Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.55%. The ex-dividend date of this dividend is Thursday, March 6th. This is a boost from Mosaic's previous quarterly dividend of $0.21. Mosaic's dividend payout ratio is 160.00%.

Institutional Trading of Mosaic

Several large investors have recently added to or reduced their stakes in the business. Brooklyn Investment Group boosted its stake in shares of Mosaic by 110.8% during the 4th quarter. Brooklyn Investment Group now owns 1,117 shares of the basic materials company's stock worth $27,000 after acquiring an additional 587 shares during the last quarter. R Squared Ltd purchased a new position in Mosaic during the fourth quarter valued at $33,000. Tobam bought a new stake in Mosaic during the fourth quarter valued at about $38,000. Heck Capital Advisors LLC purchased a new stake in Mosaic in the fourth quarter worth about $41,000. Finally, Larson Financial Group LLC raised its stake in shares of Mosaic by 180,900.0% in the third quarter. Larson Financial Group LLC now owns 1,810 shares of the basic materials company's stock worth $48,000 after buying an additional 1,809 shares during the period. 77.54% of the stock is currently owned by institutional investors.

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.