Brokerages expect Mosaic Co (NYSE:MOS) to post $0.08 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have made estimates for Mosaic’s earnings, with the lowest EPS estimate coming in at $0.01 and the highest estimate coming in at $0.11. Mosaic reported earnings of $0.77 per share during the same quarter last year, which indicates a negative year over year growth rate of 89.6%. The company is expected to issue its next quarterly earnings report on Monday, February 24th.

According to Zacks, analysts expect that Mosaic will report full-year earnings of $0.53 per share for the current year, with EPS estimates ranging from $0.46 to $0.56. For the next year, analysts expect that the company will report earnings of $1.35 per share, with EPS estimates ranging from $0.80 to $1.88. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Mosaic.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Monday, November 4th. The basic materials company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). Mosaic had a positive return on equity of 4.48% and a negative net margin of 0.36%. The company had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.67 billion. During the same period in the prior year, the business earned $0.75 earnings per share. The business’s revenue was down 6.0% compared to the same quarter last year.

Several research firms have issued reports on MOS. ValuEngine upgraded Mosaic from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Cfra reiterated a “buy” rating and issued a $26.00 target price on shares of Mosaic in a report on Thursday, November 7th. Consumer Edge started coverage on shares of Mosaic in a report on Monday, September 23rd. They issued an “equal weight” rating and a $22.00 target price for the company. Royal Bank of Canada dropped their target price on shares of Mosaic from $32.00 to $26.00 and set an “outperform” rating on the stock in a research report on Friday, September 27th. They noted that the move was a valuation call. Finally, JPMorgan Chase & Co. lowered shares of Mosaic from a “neutral” rating to an “underweight” rating and cut their price target for the company from $20.00 to $18.00 in a report on Wednesday, November 13th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $27.63.

In other Mosaic news, Director William T. Monahan purchased 2,360 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were bought at an average price of $21.15 per share, for a total transaction of $49,914.00. Following the purchase, the director now directly owns 39,235 shares in the company, valued at approximately $829,820.25. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.51% of the company’s stock.

Large investors have recently modified their holdings of the stock. Boston Partners raised its holdings in Mosaic by 19.1% during the third quarter. Boston Partners now owns 20,566,942 shares of the basic materials company’s stock valued at $421,643,000 after buying an additional 3,296,438 shares in the last quarter. State Street Corp raised its stake in shares of Mosaic by 2.7% in the 3rd quarter. State Street Corp now owns 20,103,438 shares of the basic materials company’s stock valued at $412,120,000 after acquiring an additional 521,591 shares in the last quarter. Northern Trust Corp lifted its holdings in Mosaic by 1.3% in the 2nd quarter. Northern Trust Corp now owns 7,172,982 shares of the basic materials company’s stock worth $179,539,000 after purchasing an additional 90,566 shares during the last quarter. Nuveen Asset Management LLC lifted its holdings in Mosaic by 73,897.0% in the 2nd quarter. Nuveen Asset Management LLC now owns 6,286,041 shares of the basic materials company’s stock worth $157,339,000 after purchasing an additional 6,277,546 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in Mosaic by 25.3% during the second quarter. Janus Henderson Group PLC now owns 4,062,787 shares of the basic materials company’s stock worth $101,696,000 after purchasing an additional 819,204 shares during the period. Hedge funds and other institutional investors own 74.22% of the company’s stock.

NYSE:MOS opened at $18.99 on Friday. The company has a quick ratio of 0.67, a current ratio of 1.51 and a debt-to-equity ratio of 0.44. Mosaic has a 1-year low of $17.36 and a 1-year high of $37.33. The firm has a market capitalization of $7.22 billion, a price-to-earnings ratio of 8.96, a price-to-earnings-growth ratio of 5.18 and a beta of 1.62. The stock has a fifty day simple moving average of $19.83 and a 200 day simple moving average of $21.36.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.05%. The ex-dividend date is Wednesday, December 4th. Mosaic’s dividend payout ratio is 9.43%.

Mosaic Company Profile

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and International Distribution. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names.

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