Equities analysts forecast that Ford Motor (NYSE:F) will report earnings per share (EPS) of $0.41 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Ford Motor’s earnings. The highest EPS estimate is $0.49 and the lowest is $0.37. Ford Motor posted earnings of $0.39 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 5.1%. The firm is scheduled to announce its next earnings report on Thursday, April 26th.
According to Zacks, analysts expect that Ford Motor will report full-year earnings of $1.55 per share for the current fiscal year, with EPS estimates ranging from $1.44 to $1.66. For the next year, analysts anticipate that the firm will post earnings of $1.50 per share, with EPS estimates ranging from $1.25 to $1.69. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that that provide coverage for Ford Motor.
Ford Motor (NYSE:F) last announced its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The company had revenue of $38.50 billion for the quarter, compared to analyst estimates of $36.96 billion. Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. Ford Motor’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.30 EPS.
A number of equities research analysts have commented on the company. Morgan Stanley reiterated an “equal weight” rating on shares of Ford Motor in a report on Tuesday, November 28th. Nomura lowered their target price on Ford Motor to $11.00 and set a “neutral” rating on the stock in a report on Thursday, February 1st. ValuEngine upgraded Ford Motor from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Royal Bank of Canada reiterated a “hold” rating and set a $14.00 target price on shares of Ford Motor in a report on Wednesday, December 20th. Finally, Vetr upgraded Ford Motor from a “buy” rating to a “strong-buy” rating and set a $13.14 target price on the stock in a report on Friday, January 26th. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $12.42.
In related news, Chairman William Clay Ford, Jr. sold 454,260 shares of the stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $10.32, for a total value of $4,687,963.20. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Ashwani Kumar Galhotra sold 31,415 shares of the stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $10.34, for a total value of $324,831.10. The disclosure for this sale can be found here. Insiders have sold 503,675 shares of company stock worth $5,246,794 in the last 90 days. Insiders own 1.08% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC raised its position in shares of Ford Motor by 11.7% in the 4th quarter. Geode Capital Management LLC now owns 43,141,934 shares of the auto manufacturer’s stock worth $537,773,000 after buying an additional 4,529,998 shares during the period. Dimensional Fund Advisors LP raised its position in Ford Motor by 1.0% in the third quarter. Dimensional Fund Advisors LP now owns 39,609,473 shares of the auto manufacturer’s stock valued at $474,123,000 after purchasing an additional 410,123 shares during the period. Bank of New York Mellon Corp raised its position in Ford Motor by 7.2% in the fourth quarter. Bank of New York Mellon Corp now owns 38,411,102 shares of the auto manufacturer’s stock valued at $479,755,000 after purchasing an additional 2,594,016 shares during the period. Pzena Investment Management LLC raised its position in Ford Motor by 1.8% in the fourth quarter. Pzena Investment Management LLC now owns 25,856,377 shares of the auto manufacturer’s stock valued at $322,946,000 after purchasing an additional 446,561 shares during the period. Finally, LSV Asset Management raised its position in Ford Motor by 1.6% in the fourth quarter. LSV Asset Management now owns 23,496,850 shares of the auto manufacturer’s stock valued at $293,475,000 after purchasing an additional 364,500 shares during the period. 61.59% of the stock is currently owned by institutional investors and hedge funds.
Shares of Ford Motor (NYSE F) opened at $11.07 on Tuesday. The company has a market capitalization of $43,980.00, a price-to-earnings ratio of 6.15, a price-to-earnings-growth ratio of 0.67 and a beta of 1.12. The company has a current ratio of 1.23, a quick ratio of 1.12 and a debt-to-equity ratio of 2.94. Ford Motor has a fifty-two week low of $10.14 and a fifty-two week high of $13.48.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.42%. The ex-dividend date was Monday, January 29th. Ford Motor’s dividend payout ratio (DPR) is 33.33%.
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About Ford Motor
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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