Mosaic Co. (NYSE:MOS) announced a quarterly dividend on Thursday, October 13th. Shareholders of record on Thursday, December 1st will be given a dividend of 0.275 per share on Thursday, December 15th. This represents a $1.10 annualized dividend and a yield of 4.73%.
Shares of Mosaic (NYSE:MOS) opened at 23.24 on Friday. Mosaic has a 52-week low of $22.02 and a 52-week high of $36.95. The firm has a 50-day moving average of $26.14 and a 200 day moving average of $26.77. The firm has a market cap of $8.14 billion, a PE ratio of 14.64 and a beta of 1.38.
Mosaic (NYSE:MOS) last announced its earnings results on Tuesday, August 2nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by $0.06. The business earned $1.70 billion during the quarter, compared to the consensus estimate of $1.81 billion. Mosaic had a net margin of 7.37% and a return on equity of 4.87%. The company’s revenue was down 32.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.05 EPS. On average, equities analysts predict that Mosaic will post $0.51 earnings per share for the current year.
A number of brokerages have recently issued reports on MOS. Credit Suisse Group AG reissued a “sell” rating and issued a $21.00 target price on shares of Mosaic in a research report on Wednesday, August 31st. Vertical Research cut shares of Mosaic from a “hold” rating to a “sell” rating in a research report on Wednesday, August 31st. They noted that the move was a valuation call. Susquehanna cut shares of Mosaic from a “positive” rating to a “neutral” rating and reduced their target price for the company from $30.00 to $28.00 in a research report on Wednesday, August 17th. Citigroup Inc. boosted their target price on shares of Mosaic from $26.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday, August 4th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $23.00 target price on shares of Mosaic in a research report on Wednesday, August 3rd. Ten investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €28.75 ($31.94).
A number of hedge funds have recently added to or reduced their stakes in MOS. Veritable L.P. purchased a new stake in Mosaic during the second quarter worth $231,000. Nuveen Fund Advisors LLC acquired a new position in Mosaic during the second quarter worth about $240,000. Reliance Trust Co. of Delaware acquired a new position in Mosaic during the second quarter worth about $246,000. Wetherby Asset Management Inc. acquired a new position in Mosaic during the second quarter worth about $271,000. Finally, Virtu Financial LLC acquired a new position in Mosaic during the second quarter worth about $390,000. 88.91% of the stock is owned by institutional investors and hedge funds.
Mosaic Company Profile