Compass Minerals International, Inc. (CMP) Issues FY17 Earnings Guidance
Compass Minerals International, Inc. (NYSE:CMP) issued an update on its FY17 earnings guidance on Monday morning. The company provided EPS guidance of $3.00-3.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.10.
Shares of Compass Minerals International, Inc. (NYSE:CMP) traded down 0.15% on Monday, reaching $67.80. 350,260 shares of the company traded hands. Compass Minerals International, Inc. has a 1-year low of $62.70 and a 1-year high of $84.40. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of 17.12 and a beta of 0.45. The company has a 50-day moving average of $66.66 and a 200-day moving average of $70.18.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend is Wednesday, August 30th. Compass Minerals International’s dividend payout ratio is currently 72.91%.
CMP has been the topic of several research reports. Zacks Investment Research cut shares of Compass Minerals International from a hold rating to a sell rating in a research report on Tuesday, August 1st. BidaskClub upgraded shares of Compass Minerals International from a sell rating to a hold rating in a research report on Wednesday, July 12th. Finally, BMO Capital Markets reiterated a hold rating and issued a $75.00 price target on shares of Compass Minerals International in a research report on Monday, May 15th. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the stock. The stock has an average rating of Hold and a consensus price target of $77.00.
About Compass Minerals International
Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.
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