Scotiabank Issues Pessimistic Estimate for Mosaic Earnings

The Mosaic Company (NYSE:MOS) – Research analysts at Scotiabank reduced their FY2025 earnings per share (EPS) estimates for shares of Mosaic in a report released on Tuesday, December 23rd. Scotiabank analyst B. Isaacson now forecasts that the basic materials company will post earnings per share of $2.20 for the year, down from their prior estimate of $2.50. Scotiabank currently has a “Sector Perform” rating and a $36.00 target price on the stock. The consensus estimate for Mosaic’s current full-year earnings is $2.04 per share.

Other research analysts also recently issued research reports about the stock. The Goldman Sachs Group cut their price objective on shares of Mosaic from $37.00 to $33.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Wall Street Zen lowered shares of Mosaic from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Oppenheimer reduced their price target on Mosaic from $40.00 to $35.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 11th. JPMorgan Chase & Co. lowered their price objective on Mosaic from $26.00 to $24.00 and set a “neutral” rating for the company in a research report on Friday, December 5th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mosaic in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Mosaic currently has a consensus rating of “Moderate Buy” and an average price target of $31.73.

Mosaic Stock Performance

Shares of Mosaic stock opened at $24.18 on Wednesday. Mosaic has a one year low of $22.36 and a one year high of $38.23. The company has a market capitalization of $7.67 billion, a PE ratio of 6.26, a P/E/G ratio of 0.60 and a beta of 0.94. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.40 and a current ratio of 1.14. The company has a 50-day simple moving average of $25.65 and a two-hundred day simple moving average of $31.38.

Mosaic (NYSE:MOS) last issued its quarterly earnings data on Tuesday, November 4th. The basic materials company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.01. Mosaic had a return on equity of 6.46% and a net margin of 10.33%.The firm had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.87 billion. During the same period in the prior year, the business posted $0.34 EPS. The firm’s quarterly revenue was up 22.8% on a year-over-year basis.

Mosaic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Monday, March 9th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.6%. Mosaic’s payout ratio is 22.80%.

Hedge Funds Weigh In On Mosaic

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MOS. Fiduciary Alliance LLC acquired a new position in shares of Mosaic during the 3rd quarter worth approximately $1,969,000. Scotia Capital Inc. lifted its position in Mosaic by 395.1% during the second quarter. Scotia Capital Inc. now owns 87,556 shares of the basic materials company’s stock worth $3,194,000 after buying an additional 69,873 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in Mosaic by 65.7% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 157,267 shares of the basic materials company’s stock worth $5,682,000 after buying an additional 62,338 shares during the last quarter. Gradient Investments LLC purchased a new stake in Mosaic in the 3rd quarter valued at $12,678,000. Finally, Vinva Investment Management Ltd purchased a new stake in Mosaic in the 2nd quarter valued at $621,000. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Company Profile

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.