MOS - The Mosaic Company

NYSE - NYSE Delayed Price. Currency in USD
19.74
+0.45 (+2.33%)
At close: 4:02PM EDT

19.99 +0.25 (1.27%)
Pre-Market: 8:15AM EDT

Stock chart is not supported by your current browser
Previous Close19.29
Open19.41
Bid19.86 x 1200
Ask19.99 x 2900
Day's Range19.12 - 19.85
52 Week Range19.12 - 37.37
Volume3,417,958
Avg. Volume5,247,828
Market Cap7.617B
Beta (3Y Monthly)1.75
PE Ratio (TTM)29.86
EPS (TTM)0.66
Earnings DateNov 4, 2019
Forward Dividend & Yield0.20 (1.01%)
Ex-Dividend Date2019-09-04
1y Target Est29.79
Trade prices are not sourced from all markets
  • Business Wire

    Mosaic Announces Quarterly Dividend of $0.05 Per Share

    The Mosaic Company (MOS) announced today that its Board of Directors declared a quarterly dividend of $0.05 per share on the Company’s common stock. There can be no assurance that the Company’s Board of Directors will declare future dividends. The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients.

  • Thomson Reuters StreetEvents

    Edited Transcript of MOS earnings conference call or presentation 6-Aug-19 1:00pm GMT

    Q2 2019 Mosaic Co Earnings Call

  • Mosaic (MOS) Q2 2019 Earnings Call Transcript
    Motley Fool

    Mosaic (MOS) Q2 2019 Earnings Call Transcript

    MOS earnings call for the period ending June 30, 2019.

  • Why Mosaic Stock Dropped 11% Today
    Motley Fool

    Why Mosaic Stock Dropped 11% Today

    Bad weather swamped Mosaic's profits in Q2.

  • US STOCKS-Tech leads Wall Street rebound after worst day of 2019
    Reuters

    US STOCKS-Tech leads Wall Street rebound after worst day of 2019

    U.S. stocks rose on Tuesday, helped by technology shares, as China stepped in to stabilize the yuan, a day after Wall Street's main indexes suffered their sharpest one-day percentage declines of the year. The benchmark S&P 500 and Nasdaq lost at least 3% each on Monday, after China let the yuan slide, prompting the U.S. Treasury Department to label Beijing as a currency manipulator. "The fact that China stabilized its currency gives investors some hope that this won't accelerate into a bigger problem," said Rick Meckler, partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey.

  • Bloomberg

    U.S. Rain That Left Top Fertilizer Maker Unscathed Bruises Rival

    (Bloomberg) -- The world’s top two fertilizer makers have emerged from a tough crop-planting season in the U.S. very differently: one bruised and the other relatively unscathed.World No. 2 crop-nutrient maker Mosaic Co. reported adjusted earnings that missed analyst estimates for the second quarter, during which the U.S. Midwest was in the grip of the wettest 12 months on record that kept farmers away from fields. The Minnesota-based company was hurt by falling sales volumes and weak margins for phosphate, which is used in nutrients that help plants grow.The firm also reduced its full-year forecast, and analysts say it may have to cut its view again. Shares of the company slumped as much as 13%, the most in six years. The stock has declined 29% this year.Mosaic’s results stand in contrast to Nutrien Ltd. -- the top producer -- which reported earnings and revenue that beat analyst estimates in the quarter. The Saskatoon, Saskatchewan-based company was aided by higher prices for potash, which forms the basis of a different class of crop fertilizers.New York shares of Nutrien, which have risen about 9% this year, swung between gains and losses on Tuesday. At 10:31 a.m., they were down 1.7%. The company was able to ship its potash nutrient to the U.S. Midwest from Saskatchewan in Canada during the second quarter, helping its results.Mosaic’s phosphate-based product, meanwhile, was stuck in the flooded Mississippi River on its way to the Midwest due to the unrelenting rains in the U.S.Trapped Supply“As a result of weak spring demand and a high level of imports trapped in the lower Mississippi River, market prices remained under pressure and the seasonal price improvement we typically see in the second quarter did not materialize,” Mosaic Chief Financial Officer Clint Freeland said during an investor call.Diverging prices of the two fertilizers also help explain the companies’ differing fortunes. Phosphate has declined by $107 a ton from 2018’s peak in October on reduced fall and spring demand due to wet weather and higher-than-expected imports in the season, Bloomberg Intelligence estimated last month, adding that it could remain under pressure because of new capacity in the second half.At the same time, potash prices last month were $15 a ton higher than a year earlier and $10 a ton above the seasonal five-year price, according to Bloomberg Intelligence, which said strong global demand and a slow ramp-up of new capacity supports a positive outlook.While Mosaic announced in June the permanent closure of its Plant City phosphates facility, Nutrien said last month that it plans $1 billion in investments in Brazil. It will compete in the Latin American nation with Mosaic and Norway’s Yara International ASA, two companies that INTL FCStone Inc. estimates account for 46% of total sales in that market.To contact the reporters on this story: Denitsa Tsekova in New York at dtsekova@bloomberg.net;Ashley Robinson in Winnipeg (Non BLP Loc) at arobinson193@bloomberg.netTo contact the editors responsible for this story: James Attwood at jattwood3@bloomberg.net, Pratish NarayananFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Mosaic's (MOS) Earnings and Sales Trail Estimates in Q2
    Zacks

    Mosaic's (MOS) Earnings and Sales Trail Estimates in Q2

    Wet weather conditions in the Midwest affects Mosaic's (MOS) North American spring fertilizer sales volume and phosphates margin in Q2.

  • Mosaic (MOS) Lags Q2 Earnings and Revenue Estimates
    Zacks

    Mosaic (MOS) Lags Q2 Earnings and Revenue Estimates

    Mosaic (MOS) delivered earnings and revenue surprises of -60.00% and -3.35%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    The Mosaic Company Reports Second Quarter 2019 Results

    ANNOUNCES BRAZILIAN DAM REMEDIATION AHEAD OF SCHEDULE AND TEMPORARY IDLING OF COLONSAY POTASH MINE

  • Mosaic Stock Upgraded Ahead of Earnings: What You Need to Know
    Motley Fool

    Mosaic Stock Upgraded Ahead of Earnings: What You Need to Know

    One analyst thinks a wet spring and summer could lead to a "bumper" year in 2020.

  • Mosaic (MOS) to Report Q2 Earnings: What's in the Cards?
    Zacks

    Mosaic (MOS) to Report Q2 Earnings: What's in the Cards?

    In Q2, Mosaic (MOS) is expected to recognize a non-cash charge of roughly $390 million related to the permanent closure of the idled Plant City phosphates production facility.

  • Brazil Soy Farmers Spend More to Exploit Their Trade War Edge
    Bloomberg

    Brazil Soy Farmers Spend More to Exploit Their Trade War Edge

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Brazilian farmers will likely spend more money on soybean farming in the coming season as the U.S.-China trade war continues to leave room for the South American powerhouse to increase its grip on the title of world’s biggest exporter of the oilseed.Crop-nutrient giants Mosaic Co. and Yara International ASA expect fertilizer deliveries to Brazilian producers will reach a record. Planting in the country starts in September and most of the sales for the coming season have already been made, underscoring the confidence in the forecasts.Brazil has benefited from China’s yearlong trade dispute with the U.S., the second-biggest soybean exporter. A spring deluge that threatened crops in the U.S. Midwest gave the South American country an added advantage.While not providing an outlook for Mosaic’s sales, Eduardo Monteiro, the company’s supply director in Brazil, forecasts that deliveries will rise 2.8% this year to 36.5 million metric tons. The gain will come as farmers spend more to help ensure a good harvest and as soy plantings climb by about 0.8%, he said, estimating that producers have already bought about 80% of the fertilizer they need.“Farmers are in a good mood after a record corn harvest, profitable soybean prices and good prospects for shipments amid the ongoing trade war and weather issues in the U.S.,” Monteiro said in a telephone interview.Yara expects Brazil’s soybean planted area to rise by 2.5% this season as farmers divert pastureland and sugar-cane areas to the oilseed. That will lead fertilizer demand to increase by more than 2% in 2019, according to Cleiton Vargas, the company’s sales and marketing vice president in Brazil.“Fertilizer demand remains promising amid uncertainties over the trade war between China and the U.S.,” Vargas said by email.Even as the amount of fertilizer deliveries should reach an all-time-high, the growth pace is starting to slow. The forecasts from Yara and Mosaic, which together account for about half of Brazil’s fertilizer sales, are below last year’s increase of about 3% reported by the industry group Anda.Demand was slower than usual in March and April, and it’s still sluggish for this time of the year due to rising fertilizer prices in the country, according to Simone Correa, a market analyst at GlobalFert consultancy. She expects deliveries to increase between 1% and 1.5% this year.To contact the reporter on this story: Tatiana Freitas in São Paulo at tfreitas4@bloomberg.netTo contact the editors responsible for this story: James Attwood at jattwood3@bloomberg.net, Millie Munshi, Patrick McKiernanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • China Buying More U.S. Farm Goods Is a Dead End
    Bloomberg

    China Buying More U.S. Farm Goods Is a Dead End

    (Bloomberg Opinion) -- With trade talks collapsing between the U.S. and China in Shanghai on Wednesday, there’s even less hope of any resumption in American farm exports, which were once portrayed as the foundation of any agreement.That’s not good enough, according to President Donald Trump:Had a trade detente materialized, those expecting a rapid return to the status quo on farm trade likely would have found themselves disappointed, anyway. The current tensions have dealt a lasting blow that could take decades to heal.To understand why, consider Chinese Foreign Minister Wang Yi’s visit to Brazil last week. Relations between Beijing and Brasilia have been rocky ever since the election last year of President Jair Bolsonaro, a pro-Trump populist who has accused China of trying to buy Brazil and angered Beijing with a visit to Taiwan during his election campaign.The tone from China has been conciliatory, though, even in the face of personal snubs, with Wang promising two meetings between Bolsonaro and President Xi Jinping later this year. That’s a remarkable display of pragmatism for a country that can be exceedingly prickly about its diplomatic dignity.The best explanation for this is Beijing’s legendary anxiety about food security. China’s staple crops of rice, wheat and corn are protected with tariffs as high as 65% to ensure the country doesn’t become dependent on imports.(1) While Trump has been keen to increase farm revenues in the Republican-voting grain belt, his willingness to turn exports of U.S. technology into a bargaining chip naturally raises the prospect of Washington some day turning food supplies into a cudgel, too.In recent decades, episodes when major commodity exporters threatened their trading partners often sparked the development of new supplies in other countries. The 1973 Arab oil embargo was the catalyst for the development of new oilfields in the North Sea, Alaska and Siberia. The fact that soybeans are grown in Brazil at all owes a great deal to another 1973 embargo, when President Richard Nixon sharply cut exports to Japan to prevent domestic supplies from running short.Japanese investment was so crucial to developing Brazil’s Cerrado savanna for soybean in the following decades that one of the main local cultivars is named after Toshio Doko, a leading figure of Japan’s postwar industrialization.The current trade tensions look to be extending the shift that Nixon started.Back in May, the U.S. Department of Agriculture announced that Brazil was set to overtake the U.S. as a producer of soybeans in the current crop year. Since then, the devastation wreaked by flooding in the U.S. Midwest has increased South America’s lead. Traditionally, the two countries exported roughly equal quantities of soybeans; in the coming harvest, Brazil will ship about three metric tons of oilseeds for every two tons dispatched from American ports.Agricultural companies are already moving to take advantage. Nutrien Ltd. will spend $200 million to $300 million a year over the next five years to build up its presence in Brazil, Chief Executive Officer Chuck Magro told Denitsa Tsekova of Bloomberg News on Tuesday. That pace of growth, equivalent to as much as a fifth of capital spending at current rates, is a remarkable shift for a company that’s historically had a minimal presence in the country. Revenues from external customers in Brazil came to just $112 million in 2018, about 0.6% of total third-party sales.It’s a similar picture with Nutrien’s chief North American rival, Mosaic Co., which now gets a larger share of its revenue from Brazil than the U.S. following the acquisition of Vale SA’s fertilizer business last year: “While the trade war is certainly going to affect U.S. farmers, it created an opportunity for Brazilian farmers,” James O’Rourke, Mosaic’s chief executive officer, told an investor call in May. “China will get their grains and oilseeds and it’s just a matter of where those come from as opposed to whether they come. But clearly this trade war is not good for the U.S. farmer. I mean that is an absolute given.”One might think that such a shift would strain the capacity of Brazil’s farmland, but it still has ample potential to increase production. Converting pastures used for feeding livestock into arable land for grains and oilseeds could add 43 million hectares in the Cerrado region where most of the country’s soybeans are grown, local grain producer SLC Agricola SA told an industry conference last year. That would increase the area under such crops by about half.China’s main motivation in halting imports of U.S. farm produce has been trade retaliation, but don’t underestimate the way that temporary moves can become permanent. At present, Beijing may be hunting for alternative sources of nutrition to punish Washington. In the future, it could start doing so for its own sake. (Updates to reflect the status of trade talks.)(1) There's a small quota allowed in with lower levies, but it's rarely fully utilized and represents only a small fraction of overall demand.To contact the author of this story: David Fickling at dfickling@bloomberg.netTo contact the editor responsible for this story: Rachel Rosenthal at rrosenthal21@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Earnings Preview: Mosaic (MOS) Q2 Earnings Expected to Decline
    Zacks

    Earnings Preview: Mosaic (MOS) Q2 Earnings Expected to Decline

    Mosaic (MOS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Business Wire

    Mosaic Updates Timing of 2019 Second Quarter Earnings Release to Accommodate Canadian Stakeholders

    The Mosaic Company (MOS) plans to release 2019 second quarter earnings results on Tuesday, August 6th, 2019, at 6 a.m. Eastern Time. The Company will host a conference call to discuss the results on Tuesday, August 6th, 2019 beginning at 9:00 a.m. Eastern Time. A webcast of the conference call, including the presentation slides, can be accessed by visiting Mosaic’s website.

  • Business Wire

    Mosaic Announces 2019 Second Quarter Earnings Release and Conference Call

    The Mosaic Company (MOS) plans to release 2019 second quarter earnings results on Monday, August 5th, 2019, after the market close of the New York Stock Exchange. Mosaic expects to post performance data on its website in a tabular form immediately following the release of earnings. Historical performance data is currently available at www.mosaicco.com/investor/financialdata.

  • Royal Gold, Mosaic, Tesla, Ford and PACCAR highlighted as Zacks Bull and Bear of the Day
    Zacks

    Royal Gold, Mosaic, Tesla, Ford and PACCAR highlighted as Zacks Bull and Bear of the Day

    Royal Gold, Mosaic, Tesla, Ford and PACCAR highlighted as Zacks Bull and Bear of the Day

  • Bear of the Day: Mosaic (MOS)
    Zacks

    Bear of the Day: Mosaic (MOS)

    Bear of the Day: Mosaic (MOS)

  • Extreme weather takes economic toll on Midwest, damages total $12.5 billion
    Yahoo Finance

    Extreme weather takes economic toll on Midwest, damages total $12.5 billion

    AccuWeather founder and CEO Dr. Joel Myers talks about the flooding in the Midwest and climate change.

  • Mosaic (MOS) to Close Plant City Phosphates Production Unit
    Zacks

    Mosaic (MOS) to Close Plant City Phosphates Production Unit

    The decision of closure reaffirms Mosaic's (MOS) commitment toward low-cost operation.

  • Business Wire

    The Mosaic Company Names Christopher A. Lewis Senior Vice President – Human Resources

    The Mosaic Company (MOS), today announced that it has named Christopher A. Lewis Senior Vice President – Human Resources, effective June 19. Mr. Lewis will report to President and CEO Joc O’Rourke, and he will join the company’s Senior Leadership Team. Mr. Lewis will relocate from Houston, Texas to Mosaic’s new headquarters in Tampa, Florida.

  • Business Wire

    The Mosaic Company Announces Closure of Plant City Phosphates Manufacturing Facility

    The Mosaic Company (MOS) today announced that it will close its idled Plant City phosphates manufacturing facility in Hillsborough County, Florida. The small team of Mosaic employees currently responsible for care and maintenance activities will remain on site to manage closure and compliance responsibilities over the next several years. Operational since 1975, Plant City produced approximately 1.3 million tonnes of finished phosphates in 2017, its last year of operation.

  • Here's Why The Mosaic Company Dropped 17.8% in May
    Motley Fool

    Here's Why The Mosaic Company Dropped 17.8% in May

    The fertilizer stock rose steadily throughout 2018, but has plummeted this year. What's going on?

  • Why Is Mosaic (MOS) Down 2.3% Since Last Earnings Report?
    Zacks

    Why Is Mosaic (MOS) Down 2.3% Since Last Earnings Report?

    Mosaic (MOS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • What Do Analysts Think About The Future Of The Mosaic Company's (NYSE:MOS)?
    Simply Wall St.

    What Do Analysts Think About The Future Of The Mosaic Company's (NYSE:MOS)?

    On 31 March 2019, The Mosaic Company (NYSE:MOS) announced its earnings update. Overall, analysts seem fairly...