Mosaic Announces Hurricane Helene Impacts
TAMPA, FL / ACCESSWIRE / September 30, 2024 / The Mosaic Company (NYSE:MOS) today provided an update on the impact of Hurricane Helene to North American Phosphates operations. The Tampa port, which was closed ahead of the hurricane, was reopened Sunday.
Mosaic's July and August Sales Volume & Revenues Decline
MOS reports a decline in sales volume and revenues across its potash, phosphate and Fertilizantes segments for July and August 2024.
Mosaic Announces July and August 2024 Revenue and Sales Volumes
TAMPA, FL / ACCESSWIRE / September 26, 2024 / The Mosaic Company (NYSE:MOS) announced its combined July and August 2024 sales volumes and revenue by business segment. Potash Jul/Aug 2024 Jul/Aug 2023 Sales volumes (000 tonnes(1) ) 1,310 1,483 Sales revenues (million USD) $ 358 $ 489 Phosphates Jul/Aug 2024 Jul/Aug 2023 Sales volumes (000 tonnes (1) ) 937 1,081 Sales revenues (million USD) $ 620 $ 642 Mosaic Fertilizantes Jul/Aug 2024 Jul/Aug 2023 Sales Volumes (000 tonnes(1) ) 1,851 2,016 Sales Revenues (million USD) $ 886 $ 1,150 (1) Tonnes = finished product tonnes Mosaic provided an operations update earlier this month.
After A Challenging Summer, The Mosaic Company Remains A Bargain
Mosaic Company remains a strong buy due to its solid balance sheet, ongoing share repurchase program, and undervaluation relative to book value and sector P/E. Despite seasonal losses and increased sulfur costs, Mosaic's profitability and confidence in share repurchases signal strong future performance. The company offers a 3.31% dividend yield, with potential for dividend growth or increased share buybacks, enhancing shareholder value.
Mosaic: A Value Investor's Dream
Mosaic's share price has declined over 20% since last July due to lower fertilizer prices, but it remains a high-quality company with strategic assets. Currently trading at 10.0x Fwd P/E and 5.3x Fwd EV/EBITDA, Mosaic is undervalued, offering potential upside if fertilizer prices can stabilize. Mosaic continues to return value to shareholders through dividends and buybacks, even during periods of depressed earnings, making it a compelling investment.
Don't Overlook Mosaic's Challenges—They Might Spark Opportunity
The Mosaic Company NYSE: MOS is a global potash crop nutrients and concentrated phosphates producer. These nutrients are crucial in agriculture to enhance soil health, boost crop yields, and feed the world's growing population.
Mosaic Provides Updates on Potash and Phosphate Operations
TAMPA, FL / ACCESSWIRE / September 16, 2024 / The Mosaic Company (NYSE:MOS) today announces Potash and Phosphate operations sustained operational challenges that are expected to reduce production volumes and shipments in the third quarter of 2024. In Potash, Mosaic has encountered electrical equipment failures impacting both the Esterhazy and Colonsay mines.
Why Is Mosaic (MOS) Up 2.9% Since Last Earnings Report?
Mosaic (MOS) reported earnings 30 days ago. What's next for the stock?
Mosaic Announces Quarterly Dividend of $0.21 Per Share
TAMPA, FL / ACCESSWIRE / August 22, 2024 / The Mosaic Company (NYSE:MOS) announced today that its Board of Directors declared a quarterly dividend of $0.21 per share on the Company's common stock. The dividend will be paid on September 19, 2024, to stockholders of record at the close of business on September 5, 2024.
Why Analysts Still Predict Double-Digit Upside for Mosaic Stock
Even after missing net income expectations and posting a net loss of $162 million in the past quarter, shares of Mosaic Co. NYSE: MOS still warrant a double-digit upside from where they trade today. At least, that is what Wall Street analysts currently expect, as stock valuations are often forward-looking and not wholly based on the present data.
The Mosaic Company (MOS) Q2 2024 Earnings Call Transcript
The Mosaic Company (NYSE:MOS ) Q2 2024 Earnings Conference Call August 7, 2024 11:00 AM ET Company Participants Jason Tremblay - VP, Finance, Strategy & Digital Transformation Bruce Bodine - President and CEO Jenny Wang - EVP, Commercial Conference Call Participants Ben Isaacson - Scotiabank Vincent Andrews - Morgan Stanley Joel Jackson - BMO Capital Markets Steve Byrne - Bank of America Adam Samuelson - Goldman Sachs Chris Parkinson - Wolfe Research Ben Theurer - Barclays Edlain Rodriguez - Mizuho Lucas Beaumont - UBS Andrew Wong - RBC Capital Markets Operator Good morning, and welcome to the Mosaic Company's Second Quarter 2024 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode.
Mosaic's (MOS) Q2 Earnings and Revenues Miss Estimates
Mosaic's (MOS) second-quarter earnings and sales miss estimates on lower selling prices.
