Equities research analysts predict that Israel Chemicals Ltd. (NYSE:ICL) will report earnings of $0.08 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Israel Chemicals’ earnings. The lowest EPS estimate is $0.07 and the highest is $0.09. Israel Chemicals reported earnings of $0.09 per share in the same quarter last year, which would indicate a negative year over year growth rate of 11.1%. The firm is expected to issue its next quarterly earnings results on Wednesday, February 21st.

On average, analysts expect that Israel Chemicals will report full-year earnings of $0.27 per share for the current year, with EPS estimates ranging from $0.26 to $0.28. For the next year, analysts anticipate that the business will post earnings of $0.34 per share, with EPS estimates ranging from $0.32 to $0.35. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Israel Chemicals.

Israel Chemicals (NYSE:ICL) last released its quarterly earnings results on Wednesday, November 8th. The basic materials company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.08 by $0.01. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.41 billion. Israel Chemicals had a return on equity of 13.20% and a net margin of 4.47%. Israel Chemicals’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.09 EPS.

Several equities analysts recently commented on the company. Zacks Investment Research lowered Israel Chemicals from a “hold” rating to a “sell” rating in a research report on Tuesday, November 21st. ValuEngine lowered Israel Chemicals from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, BMO Capital Markets restated a “hold” rating on shares of Israel Chemicals in a report on Friday, October 6th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Israel Chemicals currently has an average rating of “Hold” and an average target price of $4.88.

A number of hedge funds have recently bought and sold shares of ICL. Aperio Group LLC increased its holdings in Israel Chemicals by 5.8% during the 2nd quarter. Aperio Group LLC now owns 194,268 shares of the basic materials company’s stock worth $919,000 after purchasing an additional 10,602 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in Israel Chemicals by 80.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 40,566 shares of the basic materials company’s stock worth $189,000 after purchasing an additional 18,041 shares during the last quarter. World Asset Management Inc purchased a new stake in Israel Chemicals during the 2nd quarter worth approximately $355,000. SG Americas Securities LLC increased its holdings in Israel Chemicals by 22.7% during the 2nd quarter. SG Americas Securities LLC now owns 127,013 shares of the basic materials company’s stock worth $601,000 after purchasing an additional 23,465 shares during the last quarter. Finally, Comerica Bank increased its holdings in Israel Chemicals by 514.0% during the 2nd quarter. Comerica Bank now owns 82,311 shares of the basic materials company’s stock worth $387,000 after purchasing an additional 68,906 shares during the last quarter. Institutional investors own 6.37% of the company’s stock.

Israel Chemicals (NYSE ICL) traded up $0.03 during trading on Tuesday, reaching $4.06. The company had a trading volume of 239,600 shares, compared to its average volume of 222,074. The firm has a market cap of $5,139.13, a price-to-earnings ratio of 14.39 and a beta of 1.16. The company has a quick ratio of 0.70, a current ratio of 1.24 and a debt-to-equity ratio of 0.93. Israel Chemicals has a 12-month low of $3.85 and a 12-month high of $4.95.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Tuesday, December 5th will be issued a dividend of $0.044 per share. The ex-dividend date of this dividend is Tuesday, December 5th. This is an increase from Israel Chemicals’s previous quarterly dividend of $0.02. This represents a $0.18 annualized dividend and a yield of 4.33%. Israel Chemicals’s payout ratio is currently 94.74%.

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Israel Chemicals Company Profile

Israel Chemicals Ltd. operates as a specialty minerals company worldwide. The company operates through two segments, Essential Minerals and Specialty Solutions. The company extracts potash from the Dead Sea; mines and produces potash and salt from subterranean mines in Spain and the United Kingdom, as well as uses part of the potash to produce compound fertilizers; mines and processes phosphate rock in open mines; and produces sulfuric acid, agricultural phosphoric acid, phosphate fertilizers, compound fertilizers, liquid fertilizers, and soluble fertilizers.

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