Mosaic (NYSE:MOS) Price Target Raised to $36.00

Mosaic (NYSE:MOS) had its target price upped by Scotiabank from $34.00 to $36.00 in a report released on Monday morning, MarketBeat.com reports. Scotiabank currently has a sector perform rating on the basic materials company’s stock. Scotiabank also issued estimates for Mosaic’s FY2026 earnings at $3.35 EPS.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen cut Mosaic from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Royal Bank Of Canada upgraded shares of Mosaic from a “hold” rating to a “moderate buy” rating in a report on Tuesday, November 4th. Bank of America lowered their price objective on shares of Mosaic from $49.00 to $43.00 and set a “buy” rating on the stock in a research report on Tuesday, October 14th. Zacks Research downgraded shares of Mosaic from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Finally, Mizuho set a $34.00 price target on shares of Mosaic in a research note on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $34.15.

Mosaic Price Performance

Mosaic stock opened at $25.41 on Monday. Mosaic has a 52 week low of $22.36 and a 52 week high of $38.23. The company’s 50 day moving average price is $31.27 and its two-hundred day moving average price is $33.43. The stock has a market cap of $8.06 billion, a P/E ratio of 8.61, a P/E/G ratio of 0.94 and a beta of 1.00. The company has a quick ratio of 0.44, a current ratio of 1.14 and a debt-to-equity ratio of 0.26.

Mosaic (NYSE:MOS) last issued its quarterly earnings results on Tuesday, November 4th. The basic materials company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.01. The company had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.87 billion. Mosaic had a return on equity of 4.74% and a net margin of 8.35%.Mosaic’s revenue was up 22.8% on a year-over-year basis. During the same period last year, the business posted $0.34 earnings per share. On average, equities analysts predict that Mosaic will post 2.04 earnings per share for the current year.

Mosaic Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Monday, September 8th were issued a $0.22 dividend. The ex-dividend date of this dividend was Monday, September 8th. This represents a $0.88 annualized dividend and a yield of 3.5%. Mosaic’s dividend payout ratio (DPR) is 22.80%.

Institutional Investors Weigh In On Mosaic

Several institutional investors have recently made changes to their positions in MOS. TD Waterhouse Canada Inc. boosted its holdings in shares of Mosaic by 2.8% in the second quarter. TD Waterhouse Canada Inc. now owns 12,149 shares of the basic materials company’s stock worth $447,000 after acquiring an additional 333 shares during the period. Ancora Advisors LLC lifted its holdings in Mosaic by 0.9% during the 1st quarter. Ancora Advisors LLC now owns 40,256 shares of the basic materials company’s stock worth $1,087,000 after purchasing an additional 350 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Mosaic by 27.8% in the 1st quarter. NewEdge Advisors LLC now owns 1,749 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 380 shares during the period. Twin Capital Management Inc. boosted its stake in Mosaic by 2.7% in the 1st quarter. Twin Capital Management Inc. now owns 14,590 shares of the basic materials company’s stock worth $394,000 after purchasing an additional 384 shares during the period. Finally, UMB Bank n.a. grew its holdings in Mosaic by 25.7% during the 2nd quarter. UMB Bank n.a. now owns 1,893 shares of the basic materials company’s stock valued at $69,000 after buying an additional 387 shares in the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

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.