Brokerages predict that Mosaic Company (The) (NYSE:MOS) will report earnings of $0.25 per share for the current quarter, according to Zacks. Two analysts have made estimates for Mosaic Company (The)’s earnings, with the highest EPS estimate coming in at $0.35 and the lowest estimate coming in at $0.09. Mosaic Company (The) posted earnings of $0.33 per share during the same quarter last year, which would suggest a negative year over year growth rate of 24.2%. The firm is expected to announce its next earnings results before the market opens on Tuesday, October 31st.

According to Zacks, analysts expect that Mosaic Company (The) will report full-year earnings of $0.78 per share for the current fiscal year, with EPS estimates ranging from $0.60 to $0.90. For the next fiscal year, analysts expect that the business will report earnings of $1.00 per share, with EPS estimates ranging from $0.90 to $1.21. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that that provide coverage for Mosaic Company (The).

Mosaic Company (The) (NYSE:MOS) last posted its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $0.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.04. Mosaic Company (The) had a return on equity of 3.31% and a net margin of 2.07%. The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the prior year, the company earned $0.06 EPS. The firm’s revenue was up 4.7% compared to the same quarter last year.

A number of equities analysts have recently weighed in on MOS shares. BidaskClub raised Mosaic Company (The) from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Zacks Investment Research lowered Mosaic Company (The) from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 4th. Citigroup Inc. dropped their target price on Mosaic Company (The) from $27.00 to $26.00 and set a “neutral” rating for the company in a research note on Wednesday, July 12th. Royal Bank Of Canada reiterated a “hold” rating and issued a $26.00 target price on shares of Mosaic Company (The) in a research note on Wednesday, July 12th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $27.00 target price on shares of Mosaic Company (The) in a research note on Friday, July 14th. Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. Mosaic Company (The) presently has a consensus rating of “Hold” and an average target price of $24.41.

Mosaic Company (NYSE:MOS) traded up 0.86% on Wednesday, reaching $21.10. The company had a trading volume of 2,707,366 shares. The company’s 50-day moving average is $20.66 and its 200-day moving average is $23.22. Mosaic Company has a 52-week low of $19.23 and a 52-week high of $34.36. The company has a market capitalization of $7.41 billion, a PE ratio of 50.24 and a beta of 1.29.

The company also recently declared a quarterly dividend, which was paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, September 6th. This represents a $0.60 annualized dividend and a yield of 2.84%. Mosaic Company (The)’s dividend payout ratio is presently 142.86%.

In other news, Director Robert L. Lumpkins purchased 7,000 shares of the company’s stock in a transaction on Monday, August 21st. The stock was bought at an average cost of $19.94 per share, for a total transaction of $139,580.00. Following the completion of the purchase, the director now directly owns 9,339 shares of the company’s stock, valued at approximately $186,219.66. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.38% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of MOS. BlackRock Inc. boosted its position in shares of Mosaic Company (The) by 2,930.1% in the first quarter. BlackRock Inc. now owns 24,977,023 shares of the basic materials company’s stock worth $728,828,000 after buying an additional 24,152,726 shares during the period. FMR LLC boosted its position in shares of Mosaic Company (The) by 171.9% in the first quarter. FMR LLC now owns 5,108,486 shares of the basic materials company’s stock worth $149,066,000 after buying an additional 3,229,860 shares during the period. NN Investment Partners Holdings N.V. boosted its position in shares of Mosaic Company (The) by 146.0% in the second quarter. NN Investment Partners Holdings N.V. now owns 2,547,323 shares of the basic materials company’s stock worth $58,156,000 after buying an additional 1,511,638 shares during the period. BlueMountain Capital Management LLC boosted its position in shares of Mosaic Company (The) by 105.6% in the second quarter. BlueMountain Capital Management LLC now owns 66,928 shares of the basic materials company’s stock worth $1,528,000 after buying an additional 1,265,856 shares during the period. Finally, MARSHALL WACE ASIA Ltd purchased a new stake in shares of Mosaic Company (The) in the first quarter worth about $36,300,000. 77.00% of the stock is owned by institutional investors.

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Mosaic Company (The) Company Profile

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company operates through three segments: Phosphates, Potash and International Distribution. The Company is a supplier of phosphate- and potash-based crop nutrients and animal feed ingredients. The Phosphates segment owns and operates mines and production facilities in Florida, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana, which produce concentrated phosphate crop nutrients.

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