Brokerages forecast that Mosaic Company (The) (NYSE:MOS) will report $0.26 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Mosaic Company (The)’s earnings, with the highest EPS estimate coming in at $0.31 and the lowest estimate coming in at $0.20. Mosaic Company (The) also reported earnings per share of $0.26 during the same quarter last year. The company is expected to issue its next quarterly earnings report on Tuesday, February 6th.

According to Zacks, analysts expect that Mosaic Company (The) will report full-year earnings of $0.88 per share for the current year, with EPS estimates ranging from $0.60 to $1.06. For the next year, analysts anticipate that the business will report earnings of $1.02 per share, with EPS estimates ranging from $0.90 to $1.17. Zacks’ earnings per share averages are an average based on a survey of analysts that that provide coverage for Mosaic Company (The).

Mosaic Company (The) (NYSE:MOS) last announced its quarterly earnings data on Tuesday, October 31st. The company reported C$0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.25 by C$0.18. Mosaic Company (The) had a return on equity of 3.61% and a net margin of 4.68%. The business had revenue of C$1.98 billion for the quarter, compared to the consensus estimate of C$1.93 billion. During the same period in the previous year, the business earned $0.41 earnings per share. The business’s revenue was up 1.7% on a year-over-year basis.

Several equities research analysts have recently issued reports on the company. Zacks Investment Research raised Mosaic Company (The) from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Friday. Citigroup Inc. lifted their target price on Mosaic Company (The) from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday. BMO Capital Markets lifted their target price on Mosaic Company (The) from $23.00 to $24.00 and gave the stock a “market perform” rating in a report on Wednesday. Cleveland Research raised Mosaic Company (The) from a “neutral” rating to a “buy” rating in a report on Wednesday. Finally, Scotiabank raised Mosaic Company (The) from an “underperform” rating to a “sector perform” rating in a report on Wednesday. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of C$23.91.

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Shares of Mosaic Company (NYSE:MOS) traded down C$0.26 during mid-day trading on Friday, hitting C$22.38. The stock had a trading volume of 3,975,744 shares, compared to its average volume of 4,089,657. The stock has a market capitalization of $7,884.84, a P/E ratio of 22.02 and a beta of 1.27.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th will be paid a dividend of $0.025 per share. The ex-dividend date is Wednesday, December 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.45%. Mosaic Company (The)’s dividend payout ratio is 62.50%.

In other Mosaic Company (The) news, Director Robert L. Lumpkins bought 7,000 shares of the business’s stock in a transaction dated Monday, August 21st. The shares were purchased at an average price of C$19.94 per share, with a total value of C$139,580.00. Following the completion of the purchase, the director now owns 9,339 shares in the company, valued at approximately C$186,219.66. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.38% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC grew its stake in shares of Mosaic Company (The) by 13,636.4% during the third quarter. YorkBridge Wealth Partners LLC now owns 6,044 shares of the company’s stock valued at $130,000 after buying an additional 6,000 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Mosaic Company (The) by 8.7% during the second quarter. Pacer Advisors Inc. now owns 7,366 shares of the company’s stock valued at $168,000 after buying an additional 587 shares during the last quarter. CrestPoint Capital Management LLC bought a new position in shares of Mosaic Company (The) during the second quarter valued at approximately $208,000. Greenwood Capital Associates LLC grew its stake in shares of Mosaic Company (The) by 30.5% during the second quarter. Greenwood Capital Associates LLC now owns 9,445 shares of the company’s stock valued at $216,000 after buying an additional 2,210 shares during the last quarter. Finally, Westover Capital Advisors LLC bought a new position in shares of Mosaic Company (The) during the second quarter valued at approximately $218,000. 77.23% of the stock is currently owned by hedge funds and other institutional investors.

About Mosaic Company (The)

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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