Last $89.16 USD
Change Today +1.04 / 1.18%
Volume 128.4K
As of 3:57 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

compass minerals internation (CMP) Snapshot

Open
$88.13
Previous Close
$88.12
Day High
$89.26
Day Low
$87.79
52 Week High
07/9/14 - $97.50
52 Week Low
12/3/13 - $70.54
Market Cap
3.0B
Average Volume 10 Days
170.7K
EPS TTM
$3.71
Shares Outstanding
33.6M
EX-Date
08/27/14
P/E TM
24.0x
Dividend
$2.40
Dividend Yield
2.63%
Current Stock Chart for COMPASS MINERALS INTERNATION (CMP)

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compass minerals internation (CMP) Details

Compass Minerals International, Inc., through its subsidiaries, produces and markets inorganic mineral products primarily in North America and the United Kingdom. It operates in two segments: Salt and Specialty Fertilizer. The Salt segment mines, produces, processes, distributes, and markets sodium chloride and magnesium chloride for use in highway and consumer deicing, dust control, water conditioning, consumer and industrial food preparation, and agricultural and industrial applications; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products. This segment offers rock salt, mechanically evaporated and solar evaporated salt, and brine and flake magnesium chloride products to producers of intermediate chemical products used in the production of vinyls and other chemicals, and pulp and paper, as well as water treatment and other industrial uses. The Specialty Fertilizer segment provides sulfate of potash for use in the production of specialty fertilizers for vegetables, fruits, potatoes, nuts, tobacco, and turf grass. This segment serves growers and fertilizer distributors worldwide. The company also produces and markets consumer deicing and water conditioning products, ingredients used in consumer and commercial food preparation, and other mineral-based products for consumer, agricultural, and industrial applications; and provides records management services to businesses located in the United Kingdom. Compass Minerals International, Inc. operates rock salt mines in Goderich, Ontario, Canada; and Winsford, Cheshire, the United Kingdom. The company was formerly known as Salt Holdings Corporation and changed its name to Compass Minerals International, Inc. in December 2003. Compass Minerals International, Inc. was founded in 1993 and is headquartered in Overland Park, Kansas.

compass minerals internation (CMP) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $674.8K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $408.8K
Senior Vice President of Strategy
Total Annual Compensation: $329.8K
Senior Vice President of Corporate Services
Total Annual Compensation: $283.8K
Senior Vice President of Salt Division
Total Annual Compensation: $41.5K
Compensation as of Fiscal Year 2013.

compass minerals internation (CMP) Key Developments

Compass Minerals Declares Dividend, Payable September 12, 2014

Compass Minerals announced that its board of directors has declared a cash dividend of $0.60 per share payable September 12, 2014, to shareholders of record at the close of business on August 29.

Compass Minerals International Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Second Half of 2014; Provides Earnings Guidance for the Full Year 2014

Compass Minerals International Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported sales of $186.6 million compared to $173.8 million for the same period a year ago. Operating earnings was $13.4 million compared to $14.7 million for the same period a year ago. Earnings before income taxes were $1.8 million compared to $13.0 million for the same period a year ago. Net loss was $0.7 million or $0.02 per diluted share compared to net earnings of $10.6 million or $0.32 per diluted share for the same period a year ago. Adjusted EBITDA was $32.2 million compared to $32.8 million for the same period a year ago. Net earnings, excluding special items was $4.4 million compared to $10.6 million for the same period a year ago. The other primary factor limiting quarterly results was average reported selling price, which was lower in both salt business versus the prior year. Net results were also negatively impacted by a year-to-date true-up to a higher expected full year effective tax rate. For six months, the company reported sales of $608.6 million compared to $557.5 million for the same period a year ago. Operating earnings was $80.4 million compared to $82.2 million for the same period a year ago. Earnings before income taxes were $67.5 million compared to $76.5 million for the same period a year ago. Net loss was $49.5 million or $1.47 per diluted share compared to net earnings of $57.0 million or $1.69 per diluted share for the same period a year ago. Net cash provided by operating activities was $161.8 million compared to $175.8 million for the same period a year ago. Capital expenditures were $49 million compared to $55.5 million for the same period a year ago. Adjusted EBITDA was $117.6 million compared to $117.6 million for the same period a year ago. Net earnings, excluding special items was $54.6 million compared to $57 million for the same period a year ago. Cash flow from operations primarily reflecting year-over-year seasonal differences and working capital. The company expects, with average winter weather, that total salt sales volumes for the second half of 2014 will be in the range of 6.0 to 6.5 million tons and that the average selling price will increase approximately 12% from 2013 results. Improved pricing combined with better asset utilization is expected to boost the salt segment's operating margin percent. Some of this benefit will be muted by the purchase of imported salt. These purchases will increase per-unit salt costs, but also ensure the company can meet additional customer demand. The company currently anticipates a salt segment operating margin between 24% and 26% for the second half of 2014 compared to 21.5% in 2013. This outlook excludes a gain that the company expects to report in the third quarter from an insurance claim related to the 2011 tornado that struck the company's facilities in Goderich, Ontario. The company estimates that the recorded gain will exceed $80 million. The company expects plant nutrition product sales will reach 175,000 tons to 185,000 tons in the second half of 2014, and the blended average selling price for these products is expected to be between $725 and $750 per ton. For the second half of the year, the company expects to generate an operating margin between 28% and 30% for the segment, similar to prior-year's result of 29%, which included the one-time benefit of $9.0 million from an insurance settlement. For the full year, the company now expect a tax rate of around 26% compared to the prior forecast of near 24%. The company expects to invest $110 million to $120 million for the full year of 2014.

Compass Minerals International Inc. to Report Q2, 2014 Results on Jul 28, 2014

Compass Minerals International Inc. announced that they will report Q2, 2014 results at 7:00 AM, US Eastern Standard Time on Jul 28, 2014

 

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