Compass Minerals International, Inc. (NYSE:CMP) announced a quarterly dividend on Thursday, November 14th, Zacks reports. Shareholders of record on Monday, December 2nd will be paid a dividend of 0.72 per share by the basic materials company on Monday, December 16th. This represents a $2.88 annualized dividend and a yield of 5.23%. The ex-dividend date is Friday, November 29th.
Shares of CMP stock traded up $0.90 during mid-day trading on Wednesday, reaching $55.07. 4,063 shares of the company’s stock traded hands, compared to its average volume of 268,781. Compass Minerals International has a 12 month low of $38.19 and a 12 month high of $60.14. The company has a market cap of $1.87 billion, a P/E ratio of 28.45 and a beta of 1.34. The company’s 50-day moving average price is $56.21 and its 200-day moving average price is $54.48. The company has a quick ratio of 1.29, a current ratio of 2.50 and a debt-to-equity ratio of 2.96.
Compass Minerals International (NYSE:CMP) last announced its quarterly earnings data on Tuesday, November 5th. The basic materials company reported $0.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.68 by ($0.37). The business had revenue of $341.30 million during the quarter, compared to analysts’ expectations of $351.89 million. Compass Minerals International had a return on equity of 11.29% and a net margin of 3.89%. Compass Minerals International’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.37 EPS. Equities analysts predict that Compass Minerals International will post 2.43 earnings per share for the current year.
Several research analysts have issued reports on CMP shares. Zacks Investment Research cut Compass Minerals International from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. BMO Capital Markets cut their price target on Compass Minerals International to $55.00 and set a “market perform” rating for the company in a report on Thursday, November 7th. Deutsche Bank decreased their price objective on Compass Minerals International from $60.00 to $55.00 and set a “hold” rating on the stock in a research note on Tuesday, August 13th. Finally, ValuEngine downgraded shares of Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Thursday, November 21st.
Compass Minerals International Company Profile
Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates through three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with salt to produce specialty products.
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