Compass Minerals International (NYSE:CMP) declared a quarterly dividend on Thursday, November 12th, Market Beat Ratings reports. Shareholders of record on Tuesday, December 1st will be given a dividend of 0.66 per share on Tuesday, December 15th. This represents a $2.64 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend is Friday, November 27th.
Compass Minerals International (NYSE:CMP) traded down 1.39% during midday trading on Thursday, hitting $81.33. 177,966 shares of the stock traded hands. Compass Minerals International has a 52-week low of $77.13 and a 52-week high of $95.68. The company has a market cap of $2.74 billion and a price-to-earnings ratio of 15.24. The firms 50-day moving average is $82.53 and its 200-day moving average is $83.94.
Compass Minerals International (NYSE:CMP) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.83 by $0.03. The company had revenue of $232.70 million for the quarter, compared to the consensus estimate of $251.90 million. The businesss revenue was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.81 EPS. Analysts predict that Compass Minerals International will post $5.37 EPS for the current year.
A number of research firms have weighed in on CMP. JPMorgan Chase & Co. lowered their price target on shares of Compass Minerals International from $89.00 to $81.00 and set a neutral rating on the stock in a research report on Monday, November 2nd. BMO Capital Markets upped their target price on shares of Compass Minerals International from $88.00 to $90.00 and gave the stock a market perform rating in a report on Monday, November 2nd. Zacks raised shares of Compass Minerals International from a hold rating to a buy rating and set a $91.00 price target on the stock in a report on Friday, October 30th. Deutsche Bank reaffirmed a hold rating and issued a $90.00 price objective (down previously from $98.00) on shares of Compass Minerals International in a research note on Friday, August 14th. Finally, Monness Crespi & Hardt cut shares of Compass Minerals International from a neutral rating to a sell rating and set a $75.00 price target for the company. in a research report on Monday, October 19th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the companys stock. The stock currently has an average rating of Hold and an average target price of $90.29.
Compass Minerals International, Inc. (NYSE:CMP) is a holding company. The Company is a manufacturer and marketer of essential minerals, including salt, sulfate of potash forte fertilizer (SOP), and magnesium chloride. The Company operates through two segments: plant and salt nourishment. The salt segment produces and markets magnesium and salt chloride to be used in food processing and dust control, road deicing, water softeners, and industrial and agricultural uses. SOP crop nutrients, industrial-grade SOP, magnesium chloride for agricultural purposes as well as other plant nutrients are created and promoted through the plant nourishment section. As of December 31, 2014, the Company managed 12 production and packaging facilities, including the greatest rock salt mine in the United Kingdom in Winsford, Cheshire, and the largest rock salt mine on earth in Goderich, Ontario, Canada.
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