Ford Motor (F) to Release Quarterly Earnings on Wednesday

Ford Motor (NYSE:F) will release its earnings data after the market closes on Wednesday, April 24th. Analysts expect Ford Motor to post earnings of $0.44 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Ford Motor (NYSE:F) last released its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.17. The company had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. Ford Motor’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.51 EPS. On average, analysts expect Ford Motor to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ford Motor Stock Performance

F opened at $12.09 on Wednesday. The firm has a market cap of $48.04 billion, a P/E ratio of 11.19, a price-to-earnings-growth ratio of 1.00 and a beta of 1.63. Ford Motor has a 52-week low of $9.63 and a 52-week high of $15.42. The company has a debt-to-equity ratio of 2.33, a quick ratio of 1.04 and a current ratio of 1.20. The business’s fifty day moving average is $12.63 and its 200-day moving average is $11.76.

Ford Motor Dividend Announcement

The firm also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a dividend yield of 4.7%. Ford Motor’s dividend payout ratio is currently 55.56%.

Insider Activity

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Ford Motor

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP acquired a new position in shares of Ford Motor during the second quarter worth $28,000. Fairfield Bush & CO. purchased a new position in Ford Motor in the 2nd quarter worth approximately $29,000. Cornerstone Planning Group LLC acquired a new position in shares of Ford Motor during the second quarter worth about $31,000. Milestone Investment Advisors LLC acquired a new position in shares of Ford Motor during the first quarter worth about $27,000. Finally, True Wealth Design LLC acquired a new position in Ford Motor during the fourth quarter worth about $29,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on F. UBS Group downgraded Ford Motor from a “buy” rating to a “neutral” rating and set a $12.00 target price for the company. in a research report on Wednesday, January 17th. Citigroup raised their price objective on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Barclays lifted their price target on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Morgan Stanley boosted their target price on Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Finally, Redburn Atlantic initiated coverage on Ford Motor in a research report on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price target for the company. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $13.82.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company 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.