Mosaic (NYSE:MOS) Price Target Lowered to $31.00 at Scotiabank

Mosaic (NYSE:MOS) had its target price trimmed by Scotiabank from $34.00 to $31.00 in a report published on Monday morning,Benzinga reports. The brokerage currently has a sector outperform rating on the basic materials company’s stock. Scotiabank also issued estimates for Mosaic’s Q1 2025 earnings at $0.36 EPS and FY2025 earnings at $2.19 EPS.

MOS has been the subject of several other research reports. Piper Sandler upped their price target on Mosaic from $30.00 to $33.00 and gave the company a “neutral” rating in a report on Monday, January 27th. Mizuho upped their price target on Mosaic from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. raised Mosaic from a “neutral” rating to an “overweight” rating and upped their price target for the company from $26.00 to $29.00 in a report on Monday. Barclays lowered Mosaic from an “overweight” rating to an “underweight” rating and lowered their price objective for the company from $30.00 to $27.00 in a research note on Tuesday, January 21st. Finally, Oppenheimer began coverage on Mosaic in a research note on Thursday, December 12th. They issued a “market perform” rating on the stock. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $31.70.

Mosaic Trading Up 4.7 %

Mosaic stock opened at $24.18 on Monday. The business has a 50 day moving average price of $26.19 and a two-hundred day moving average price of $26.34. The company has a quick ratio of 0.49, a current ratio of 1.19 and a debt-to-equity ratio of 0.27. The stock has a market cap of $7.68 billion, a price-to-earnings ratio of 21.39, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. Mosaic has a 12 month low of $22.48 and a 12 month high of $33.44.

Mosaic Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, March 6th. This is a positive change from Mosaic’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 3.64%. Mosaic’s dividend payout ratio is 160.00%.

Institutional Investors Weigh In On Mosaic

A number of large investors have recently bought and sold shares of MOS. Wealth Enhancement Advisory Services LLC grew its position in Mosaic by 1.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 41,038 shares of the basic materials company’s stock worth $1,099,000 after acquiring an additional 653 shares during the last quarter. State of Alaska Department of Revenue grew its position in Mosaic by 4.4% during the 3rd quarter. State of Alaska Department of Revenue now owns 37,014 shares of the basic materials company’s stock worth $991,000 after acquiring an additional 1,550 shares during the last quarter. US Bancorp DE grew its position in Mosaic by 6.9% during the 3rd quarter. US Bancorp DE now owns 26,535 shares of the basic materials company’s stock worth $711,000 after acquiring an additional 1,707 shares during the last quarter. Stephens Inc. AR grew its position in Mosaic by 20.1% during the 3rd quarter. Stephens Inc. AR now owns 10,498 shares of the basic materials company’s stock worth $281,000 after acquiring an additional 1,756 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in Mosaic by 115.6% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 69,188 shares of the basic materials company’s stock worth $1,853,000 after acquiring an additional 37,099 shares during the last quarter. 77.54% of the stock is currently owned by institutional investors.

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.