Highlights
- Mosaic (NYSE:MOS) anticipates reporting quarterly earnings of $0.53 per share, with revenue at $2.92 billion.
- The company's share values have demonstrated price stability between $23.56 and $33.44 over the past year.
- Mosaic announces an increase in its quarterly dividend to $0.22 per share, reflecting a 3.24% dividend yield.
Mosaic (NYSE:MOS) is poised to release its quarterly earnings data after the market closes on February 27th. Analysts forecast the firm to announce earnings of $0.53 per share and total revenue reaching $2.92 billion for the quarter. Stakeholders can register for the company's conference call using the provided link to gain further insights.
Recent Trading and Market Performance
Shares of Mosaic opened at $27.13 and have shown resilience in their financial records, observing a one-year low of $23.56 and a high of $33.44. The company maintains a market capitalization of $8.62 billion, supported by a PE ratio of 24.01, PEG ratio of 1.42, and a beta of 1.34, which indicates moderate volatility compared to the market. With a robust current ratio of 1.19, a quick ratio of 0.49, and a debt-to-equity ratio of 0.27, Mosaic demonstrates sound financial health.
Dividend Insights and Analyst Ratings
Mosaic has declared a quarterly dividend increase to $0.22 per share, translating to an annualized dividend of $0.88 and a yield of 3.24%, up from the previous $0.21 per share. The ex-dividend date is set for March 6th, and the payout ratio currently stands at 77.88%, indicating a commitment to reward shareholders.
A spectrum of analyst reports has recently assessed Mosaic, reflecting mixed ratings and price target adjustments. Piper Sandler heightened the price target to $33.00 with a neutral stance. Conversely, Barclays downgraded the stock with a reduced target to $27.00 from $30.00. Other firms like Mizuho and CIBC maintain neutral ratings with adjusted targets at $29.00 and $55.00 respectively. The consensus, according to MarketBeat, positions Mosaic with a “Hold” rating and an average price target of $33.80.
About Mosaic
The Mosaic Company is a significant player in producing and marketing concentrated phosphate and potash crop nutrients across North America and globally. The business operates through its Phosphates, Potash, and Mosaic Fertilizantes segments. It is known for producing high-quality crop nutrients and phosphate-based animal feed ingredients under renowned brands, ensuring sustained agricultural productivity and food supply.