Potash Co. of Saskatchewan Inc (TSE:POT) – Stock analysts at Raymond James Financial dropped their FY2016 earnings estimates for shares of Potash Co. of Saskatchewan in a research note issued on Friday. Raymond James Financial analyst S. Hansen now expects that the firm will post earnings of $0.56 per share for the year, down from their prior forecast of $0.62. Raymond James Financial also issued estimates for Potash Co. of Saskatchewan’s FY2018 earnings at $1.14 EPS.
A number of other equities analysts also recently weighed in on the company. TD Securities boosted their target price on Potash Co. of Saskatchewan from C$15.50 to C$17.00 and gave the stock a “hold” rating in a research note on Friday. Royal Bank Of Canada boosted their target price on Potash Co. of Saskatchewan from C$20.00 to C$25.00 in a research note on Tuesday, October 11th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Potash Co. of Saskatchewan currently has a consensus rating of “Buy” and an average target price of C$24.67.
Potash Co. of Saskatchewan (TSE:POT) opened at 22.06 on Monday. The company has a market cap of $18.52 billion and a price-to-earnings ratio of 38.70. Potash Co. of Saskatchewan has a 52 week low of $19.93 and a 52 week high of $29.22. The stock’s 50 day moving average price is $21.41 and its 200-day moving average price is $21.57.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 2nd. Investors of record on Wednesday, October 12th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, October 7th. This represents a $0.40 annualized dividend and a yield of 1.81%.