Analysts Offer Predictions for The Mosaic Company’s Q4 2024 Earnings (NYSE:MOS)

The Mosaic Company (NYSE:MOS) – Zacks Research cut their Q4 2024 earnings per share (EPS) estimates for Mosaic in a report issued on Tuesday, April 23rd. Zacks Research analyst M. Agrawal now forecasts that the basic materials company will post earnings of $0.56 per share for the quarter, down from their prior estimate of $0.59. The consensus estimate for Mosaic’s current full-year earnings is $2.79 per share.

MOS has been the topic of a number of other reports. Scotiabank upgraded shares of Mosaic from a “sector perform” rating to a “sector outperform” rating and set a $40.00 price target on the stock in a research report on Thursday, February 22nd. Wells Fargo & Company boosted their target price on Mosaic from $34.00 to $35.00 and gave the stock an “equal weight” rating in a report on Friday, February 23rd. Piper Sandler cut Mosaic from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $42.00 to $32.00 in a report on Thursday, February 29th. Mizuho downgraded Mosaic from a “buy” rating to a “neutral” rating and cut their price objective for the company from $42.00 to $34.00 in a research report on Wednesday, January 24th. Finally, Wolfe Research assumed coverage on Mosaic in a report on Friday, March 1st. They set an “outperform” rating and a $39.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $40.27.

Mosaic Stock Down 0.7 %

Shares of MOS stock opened at $30.28 on Thursday. Mosaic has a one year low of $29.25 and a one year high of $43.99. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.22 and a quick ratio of 0.57. The stock has a fifty day moving average price of $31.53 and a 200 day moving average price of $33.34. The stock has a market cap of $9.74 billion, a P/E ratio of 8.68, a price-to-earnings-growth ratio of 1.56 and a beta of 1.50.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Thursday, February 22nd. The basic materials company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.11). Mosaic had a net margin of 8.51% and a return on equity of 9.69%. The company had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same period in the prior year, the company posted $1.74 EPS. The firm’s quarterly revenue was down 29.7% on a year-over-year basis.

Institutional Investors Weigh In On Mosaic

Several large investors have recently bought and sold shares of MOS. Invesco Ltd. increased its holdings in Mosaic by 3.2% during the 3rd quarter. Invesco Ltd. now owns 8,792,687 shares of the basic materials company’s stock worth $313,020,000 after purchasing an additional 268,966 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Mosaic by 7.5% during the third quarter. Northern Trust Corp now owns 6,107,545 shares of the basic materials company’s stock worth $217,429,000 after buying an additional 424,063 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Mosaic by 5.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,969,039 shares of the basic materials company’s stock valued at $141,829,000 after buying an additional 189,706 shares during the last quarter. Pacer Advisors Inc. lifted its stake in Mosaic by 5.1% in the 4th quarter. Pacer Advisors Inc. now owns 3,824,263 shares of the basic materials company’s stock valued at $136,641,000 after acquiring an additional 186,337 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in Mosaic by 3.6% during the 3rd quarter. Deutsche Bank AG now owns 3,062,975 shares of the basic materials company’s stock worth $109,042,000 after acquiring an additional 107,011 shares during the last quarter. Institutional investors own 77.54% of the company’s stock.

Mosaic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 6th will be given a dividend of $0.21 per share. The ex-dividend date is Thursday, June 6th. This represents a $0.84 annualized dividend and a dividend yield of 2.77%. Mosaic’s payout ratio is currently 24.07%.

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 Mosaic Fertilizantes. 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, as well as produces a double sulfate of potash magnesia product under K-Mag brand name.