Todays Report: The Mosaic Co. (MOS) to Release Earnings on Tuesday

The Mosaic Co. (MOS) to Release Earnings on Tuesday

Mosaic Co. (NYSE:MOS) is scheduled to issue its Q316 quarterly earnings data on Tuesday, November 1st. Analysts expect the company to announce earnings of $0.10 per share and revenue of $1.92 billion for the quarter.

Shares of Mosaic Co. (NYSE:MOS) opened at 23.79 on Monday. The company’s 50-day moving average is $24.72 and its 200 day moving average is $26.59. The stock has a market capitalization of $8.33 billion, a P/E ratio of 14.99 and a beta of 1.39. Mosaic Co. has a 12 month low of $22.02 and a 12 month high of $36.95.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, December 1st will be paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 4.62%. The ex-dividend date of this dividend is Tuesday, November 29th. Mosaic’s payout ratio is 69.18%.

Several research analysts have commented on the stock. Zacks Investment Research raised shares of Mosaic from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 26th. Credit Suisse Group AG reissued a “sell” rating and set a $21.00 target price on shares of Mosaic in a research note on Wednesday, August 31st. Vertical Research lowered shares of Mosaic from a “hold” rating to a “sell” rating in a research note on Wednesday, August 31st. They noted that the move was a valuation call. Susquehanna lowered shares of Mosaic from a “positive” rating to a “neutral” rating and lowered their target price for the company from $30.00 to $28.00 in a research note on Wednesday, August 17th. Finally, 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 note on Thursday, August 4th. Nine investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of €27.74 ($30.48).

Several institutional investors have recently bought and sold shares of the stock. Veritable L.P. bought a new position in Mosaic during the second quarter valued at about $231,000. Nuveen Fund Advisors LLC purchased a new stake in shares of Mosaic during the second quarter worth approximately $240,000. Reliance Trust Co. of Delaware purchased a new stake in shares of Mosaic during the second quarter worth approximately $246,000. Wetherby Asset Management Inc. purchased a new stake in shares of Mosaic during the second quarter worth approximately $271,000. Finally, Virtu Financial LLC purchased a new stake in shares of Mosaic during the second quarter worth approximately $390,000. Hedge funds and other institutional investors own 88.83% of the company’s stock.

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