Compass Minerals International Inc. (NYSE:CMP) announced a quarterly dividend on Thursday, November 10th. Stockholders of record on Thursday, December 1st will be given a dividend of 0.695 per share on Thursday, December 15th. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date of this dividend is Tuesday, November 29th.

Shares of Compass Minerals International (NYSE:CMP) opened at 79.35 on Thursday. The stock has a market capitalization of $2.68 billion, a P/E ratio of 21.81 and a beta of 0.49. The stock has a 50 day moving average of $73.66 and a 200-day moving average of $74.26. Compass Minerals International has a 1-year low of $66.30 and a 1-year high of $85.20.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings results on Monday, October 24th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.28 by $0.01. The company earned $179.60 million during the quarter, compared to analysts’ expectations of $207.25 million. Compass Minerals International had a net margin of 12.55% and a return on equity of 18.34%. The business’s revenue for the quarter was down 22.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.80 EPS. Equities research analysts predict that Compass Minerals International will post $2.95 earnings per share for the current fiscal year.

Dividend History for Compass Minerals International (NYSE:CMP)

Large investors have recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. boosted its stake in Compass Minerals International by 4.5% in the second quarter. Ameritas Investment Partners Inc. now owns 5,341 shares of the company’s stock valued at $396,000 after buying an additional 232 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in Compass Minerals International by 11.4% in the second quarter. Thrivent Financial for Lutherans now owns 4,790 shares of the company’s stock valued at $355,000 after buying an additional 490 shares in the last quarter. Janus Capital Management LLC boosted its stake in Compass Minerals International by 7.1% in the second quarter. Janus Capital Management LLC now owns 12,100 shares of the company’s stock valued at $898,000 after buying an additional 800 shares in the last quarter. Argent Trust Co boosted its stake in Compass Minerals International by 22.7% in the second quarter. Argent Trust Co now owns 5,728 shares of the company’s stock valued at $425,000 after buying an additional 1,058 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its stake in Compass Minerals International by 24.6% in the third quarter. D.A. Davidson & CO. now owns 5,379 shares of the company’s stock valued at $395,000 after buying an additional 1,061 shares in the last quarter.

Several equities analysts have weighed in on CMP shares. Zacks Investment Research upgraded shares of Compass Minerals International from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a report on Tuesday, October 4th. Monness Crespi & Hardt upgraded shares of Compass Minerals International from a “sell” rating to a “neutral” rating in a report on Wednesday, October 26th. Finally, TheStreet upgraded shares of Compass Minerals International from a “hold” rating to a “buy” rating in a report on Monday. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $76.25.

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Compass Minerals International Company Profile

Compass Minerals International, Inc is a holding company. The Company, through its subsidiaries, is engaged in producing and marketing essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients. It operates through two segments, which include salt and plant nutrition.

5 Day Chart for NYSE:CMP

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