Scotiabank Has Bullish Forecast for Mosaic FY2027 Earnings

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

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Mosaic (NYSE:MOS – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.15). The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.93 billion. Mosaic had a net margin of 0.36% and a return on equity of 4.66%. Mosaic’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.49 EPS.

Several other equities analysts also recently commented on MOS. Canadian Imperial Bank of Commerce set a $25.00 price objective on shares of Mosaic in a research note on Tuesday, May 12th. UBS Group dropped their price objective on shares of Mosaic from $27.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. BNP Paribas Exane dropped their price objective on shares of Mosaic from $35.00 to $33.00 and set an “outperform” rating for the company in a research note on Wednesday, March 25th. Freedom Capital downgraded shares of Mosaic from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 19th. Finally, Weiss Ratings downgraded shares of Mosaic from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, May 12th. Six equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $27.65.

Check Out Our Latest Analysis on MOS

Mosaic Price Performance

Shares of NYSE:MOS opened at $21.96 on Friday. The company has a market cap of $6.97 billion, a price-to-earnings ratio of 168.90, a PEG ratio of 2.56 and a beta of 0.79. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.45. The firm has a 50 day simple moving average of $24.67 and a 200 day simple moving average of $25.68. Mosaic has a one year low of $20.89 and a one year high of $38.23.

Mosaic Announces Dividend

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

Hedge Funds Weigh In On Mosaic

Several large investors have recently modified their holdings of the business. Essential Partners LLC raised its stake in shares of Mosaic by 81.0% during the first quarter. Essential Partners LLC now owns 3,569 shares of the basic materials company’s stock valued at $91,000 after acquiring an additional 1,597 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Mosaic by 653.1% during the first quarter. NewEdge Advisors LLC now owns 9,986 shares of the basic materials company’s stock valued at $255,000 after acquiring an additional 8,660 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Mosaic by 7.4% during the first quarter. Bank of America Corp DE now owns 2,486,973 shares of the basic materials company’s stock valued at $63,418,000 after acquiring an additional 170,724 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in shares of Mosaic during the first quarter worth $1,172,000. Finally, Kentucky Retirement Systems acquired a new stake in shares of Mosaic during the first quarter worth $717,000. Institutional investors own 77.54% of the company’s stock.

About Mosaic

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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.

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