Scotiabank Has Bullish Forecast for Mosaic FY2027 Earnings

The Mosaic Company (NYSE:MOS) – Equities researchers at Scotiabank lifted their FY2027 earnings estimates for Mosaic in a research report issued to clients and investors on Wednesday, May 20th. Scotiabank analyst B. Isaacson now forecasts that the basic materials company will earn $2.71 per share for the year, up from their previous forecast of $2.03. Scotiabank currently has a “Outperform” rating and a $30.00 target price on the stock. The consensus estimate for Mosaic’s current full-year earnings is $0.84 per share.

Other equities research analysts have also recently issued reports about the stock. Barclays decreased their price objective on shares of Mosaic from $31.00 to $26.00 and set an “equal weight” rating for the company in a research report on Monday. Wolfe Research reduced their price target on shares of Mosaic from $37.00 to $36.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. JPMorgan Chase & Co. reduced their price target on shares of Mosaic from $24.00 to $19.00 and set an “underweight” rating for the company in a report on Tuesday, May 12th. Freedom Capital cut shares of Mosaic from a “hold” rating to a “strong sell” rating in a report on Thursday, March 19th. Finally, Berenberg Bank reduced their price target on shares of Mosaic from $28.00 to $27.00 and set a “hold” rating for the company in a report on Tuesday. Six research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Mosaic presently has a consensus rating of “Hold” and a consensus target price of $27.65.

Mosaic Trading Up 0.4%

MOS opened at $21.96 on Friday. Mosaic has a twelve month low of $20.89 and a twelve month high of $38.23. The company has a quick ratio of 0.45, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average of $24.67 and a 200-day moving average of $25.68. The stock has a market cap of $6.97 billion, a PE ratio of 168.90, a price-to-earnings-growth ratio of 2.56 and a beta of 0.79.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.15). Mosaic had a return on equity of 4.66% and a net margin of 0.36%.The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same quarter last year, the company earned $0.49 earnings per share. The company’s quarterly revenue was up 14.4% compared to the same quarter last year.

Institutional Investors Weigh In On Mosaic

A number of large investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. grew its holdings in shares of Mosaic by 169.3% during the first quarter. Geneos Wealth Management Inc. now owns 956 shares of the basic materials company’s stock valued at $26,000 after buying an additional 601 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Mosaic during the second quarter valued at about $31,000. SJS Investment Consulting Inc. grew its holdings in shares of Mosaic by 72.9% during the first quarter. SJS Investment Consulting Inc. now owns 1,245 shares of the basic materials company’s stock valued at $32,000 after buying an additional 525 shares during the last quarter. Gen Wealth Partners Inc acquired a new position in shares of Mosaic during the fourth quarter valued at about $32,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Mosaic during the second quarter valued at about $34,000. 77.54% of the stock is currently owned by institutional investors and hedge funds.

Mosaic Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Thursday, May 21st will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Thursday, May 21st. Mosaic’s dividend payout ratio (DPR) is presently 676.92%.

About Mosaic

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.