Scotiabank Has Bearish Outlook for Mosaic FY2025 Earnings

The Mosaic Company (NYSE:MOS) – Research analysts at Scotiabank dropped their FY2025 earnings estimates for shares of Mosaic in a report issued on Monday, November 10th. Scotiabank analyst B. Isaacson now anticipates that the basic materials company will post earnings per share of $2.50 for the year, down from their prior forecast of $3.19. Scotiabank currently has a “Sector Perform” rating and a $36.00 target price on the stock. The consensus estimate for Mosaic’s current full-year earnings is $2.04 per share.

Mosaic (NYSE:MOS) last released its quarterly earnings data 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 firm had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.87 billion. Mosaic had a return on equity of 4.74% and a net margin of 8.35%.The firm’s quarterly revenue was up 22.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.34 earnings per share.

Other research analysts have also issued reports about the company. Royal Bank Of Canada upgraded Mosaic from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, November 4th. Wall Street Zen lowered shares of Mosaic from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Barclays lowered their price target on Mosaic from $46.00 to $44.00 and set an “overweight” rating for the company in a report on Thursday, October 9th. Mizuho set a $34.00 target price on Mosaic in a research report on Monday, October 20th. Finally, UBS Group decreased their price target on shares of Mosaic from $40.00 to $38.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $34.15.

Mosaic Price Performance

Shares of MOS opened at $25.41 on Thursday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.14 and a quick ratio of 0.44. The stock has a market cap of $8.06 billion, a PE ratio of 8.61, a P/E/G ratio of 0.94 and a beta of 1.00. The firm has a 50-day simple moving average of $31.27 and a two-hundred day simple moving average of $33.43. Mosaic has a 1-year low of $22.36 and a 1-year high of $38.23.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. First Horizon Advisors Inc. raised its position in shares of Mosaic by 172.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 684 shares of the basic materials company’s stock worth $25,000 after buying an additional 433 shares during the period. Bangor Savings Bank bought a new stake in shares of Mosaic in the 2nd quarter worth about $26,000. Geneos Wealth Management Inc. increased its holdings in shares of Mosaic by 169.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 601 shares during the last quarter. Rothschild Investment LLC raised its stake in Mosaic by 650.0% during the second quarter. Rothschild Investment LLC now owns 750 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 650 shares during the period. Finally, Rexford Capital Inc. acquired a new stake in Mosaic in the second quarter worth $28,000. Institutional investors and hedge funds own 77.54% of the company’s stock.

Mosaic Announces Dividend

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

About Mosaic

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.