Ford Motor (NYSE:F) Announces Quarterly Earnings Results

Ford Motor (NYSE:FGet Rating) issued its earnings results on Wednesday. The auto manufacturer reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.01, MarketWatch Earnings reports. Ford Motor had a return on equity of 12.85% and a net margin of 8.57%. During the same period last year, the company earned $0.89 earnings per share.

F traded down $0.46 during trading on Friday, reaching $14.16. The stock had a trading volume of 83,184,883 shares, compared to its average volume of 58,972,248. The stock’s 50 day moving average is $16.23 and its two-hundred day moving average is $18.50. The company has a current ratio of 1.20, a quick ratio of 1.07 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $56.70 billion, a price-to-earnings ratio of 4.99, a P/E/G ratio of 0.95 and a beta of 1.11. Ford Motor has a one year low of $11.23 and a one year high of $25.87.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 1st. Shareholders of record on Tuesday, April 26th will be issued a $0.10 dividend. The ex-dividend date is Monday, April 25th. This represents a $0.40 dividend on an annualized basis and a yield of 2.82%. Ford Motor’s dividend payout ratio (DPR) is 14.08%.

Several analysts have issued reports on the company. Evercore ISI upped their target price on Ford Motor from $16.00 to $18.00 in a research note on Tuesday, January 4th. Citigroup cut their target price on Ford Motor from $23.00 to $18.00 in a research note on Monday, March 28th. The Goldman Sachs Group increased their price objective on Ford Motor from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, January 10th. Zacks Investment Research raised Ford Motor from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research note on Wednesday, February 2nd. Finally, Credit Suisse Group dropped their price objective on Ford Motor from $26.00 to $25.00 and set an “outperform” rating for the company in a research note on Friday, February 4th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, Ford Motor has an average rating of “Hold” and a consensus price target of $19.05.

In other news, insider William Clay Ford, Jr. acquired 267,697 shares of the firm’s stock in a transaction on Thursday, March 24th. The stock was acquired at an average price of $16.81 per share, for a total transaction of $4,499,986.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.90% of the stock is currently owned by corporate insiders.

Several large investors have recently modified their holdings of F. EverSource Wealth Advisors LLC bought a new position in shares of Ford Motor during the fourth quarter valued at $73,000. OLD Mission Capital LLC bought a new position in shares of Ford Motor during the third quarter valued at $108,000. Zullo Investment Group Inc. bought a new position in shares of Ford Motor during the fourth quarter valued at $143,000. First Community Trust NA bought a new position in shares of Ford Motor during the fourth quarter valued at $152,000. Finally, Jaffetilchin Investment Partners LLC increased its holdings in shares of Ford Motor by 12.1% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 13,639 shares of the auto manufacturer’s stock valued at $283,000 after acquiring an additional 1,472 shares in the last quarter. Hedge funds and other institutional investors own 50.76% of the company’s stock.

About Ford Motor (Get Rating)

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

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Earnings History for Ford Motor (NYSE:F)

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