Compass Minerals International, Inc. (NYSE:CMP) – KeyCorp lowered their Q1 2017 earnings estimates for Compass Minerals International in a report issued on Monday. KeyCorp analyst M. Sison now forecasts that the brokerage will post earnings of $0.70 per share for the quarter, down from their previous estimate of $1.02. KeyCorp also issued estimates for Compass Minerals International’s Q2 2017 earnings at $0.05 EPS, Q3 2017 earnings at $1.05 EPS and FY2018 earnings at $3.75 EPS.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings data on Wednesday, February 8th. The company reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.24. Compass Minerals International had a return on equity of 16.02% and a net margin of 14.30%. The company had revenue of $443.20 million for the quarter, compared to analyst estimates of $399.66 million. During the same period in the prior year, the company posted $1.72 EPS. The company’s revenue was up 53.2% compared to the same quarter last year.

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Several other brokerages also recently issued reports on CMP. Zacks Investment Research upgraded shares of Compass Minerals International from a “hold” rating to a “strong-buy” rating and set a $93.00 target price for the company in a research note on Thursday, January 12th. TheStreet upgraded shares of Compass Minerals International from a “hold” rating to a “buy” rating in a research note on Monday, November 21st. Finally, Monness Crespi & Hardt upgraded shares of Compass Minerals International from a “sell” rating to a “neutral” rating in a research note on Wednesday, October 26th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $77.67.

Shares of Compass Minerals International (NYSE:CMP) opened at 78.90 on Thursday. The stock has a 50 day moving average price of $80.67 and a 200 day moving average price of $75.94. Compass Minerals International has a 1-year low of $67.00 and a 1-year high of $84.40. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 16.47 and a beta of 0.51.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 15th. Shareholders of record on Wednesday, March 1st will be given a dividend of $0.72 per share. The ex-dividend date is Monday, February 27th. This is an increase from Compass Minerals International’s previous quarterly dividend of $0.70. This represents a $2.88 annualized dividend and a yield of 3.65%. Compass Minerals International’s dividend payout ratio (DPR) is 58.16%.

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Large investors have recently modified their holdings of the company. Bbva Compass Bancshares Inc. increased its stake in shares of Compass Minerals International by 64.8% in the second quarter. Bbva Compass Bancshares Inc. now owns 3,675 shares of the company’s stock valued at $273,000 after buying an additional 1,445 shares during the period. Integrated Wealth Management increased its stake in shares of Compass Minerals International by 52.7% in the second quarter. Integrated Wealth Management now owns 3,243 shares of the company’s stock valued at $241,000 after buying an additional 1,119 shares during the period. Aberdeen Asset Management PLC UK increased its stake in shares of Compass Minerals International by 0.3% in the second quarter. Aberdeen Asset Management PLC UK now owns 311,891 shares of the company’s stock valued at $23,139,000 after buying an additional 1,012 shares during the period. ProVise Management Group LLC increased its stake in shares of Compass Minerals International by 7.5% in the second quarter. ProVise Management Group LLC now owns 50,791 shares of the company’s stock valued at $3,768,000 after buying an additional 3,535 shares during the period. Finally, Schaper Benz & Wise Investment Counsel Inc. WI increased its stake in shares of Compass Minerals International by 2.1% in the second quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 8,790 shares of the company’s stock valued at $652,000 after buying an additional 180 shares during the period.

About Compass Minerals International

Compass Minerals International, Inc is a holding company. The Company, through its subsidiaries, is engaged in producing and marketing essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients. It operates through two segments, which include salt and plant nutrition.

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