Ford Motor (NYSE:F) Posts Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Key Points

• Ford Motor reported a quarterly earnings per share (EPS) of $0.45, exceeding the consensus estimate of $0.38 by $0.07.
• The company's stock price decreased by 1.0%, closing at $12.31, with significant trading volume of 467,982,013 shares.
• Ford declared a quarterly dividend of $0.15 per share, resulting in an annualized yield of 4.9% for investors.

Ford Motor (NYSE:F - Get Free Report) released its earnings results on Thursday. The auto manufacturer reported $0.45 EPS for the quarter, topping the consensus estimate of $0.38 by $0.07, Zacks reports. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.

Ford Motor Stock Down 1.0%

NYSE F traded down $0.12 on Thursday, reaching $12.31. 467,982,013 shares of the stock traded hands, compared to its average volume of 97,029,070. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The company has a fifty day moving average price of $11.79 and a 200-day moving average price of $10.99. The company has a market cap of $48.99 billion, a price-to-earnings ratio of 15.78, a PEG ratio of 3.69 and a beta of 1.53. Ford Motor has a 12 month low of $8.44 and a 12 month high of $12.80.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 11th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 4.9%. Ford Motor's payout ratio is presently 76.92%.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently bought and sold shares of the company. WFA of San Diego LLC bought a new stake in Ford Motor during the 2nd quarter valued at $63,000. Chapman Financial Group LLC bought a new position in shares of Ford Motor in the 2nd quarter worth $115,000. MUFG Securities EMEA plc bought a new position in shares of Ford Motor in the 2nd quarter worth $124,000. NCM Capital Management LLC raised its position in shares of Ford Motor by 14.1% in the 2nd quarter. NCM Capital Management LLC now owns 12,829 shares of the auto manufacturer's stock worth $139,000 after acquiring an additional 1,583 shares in the last quarter. Finally, Stonebridge Capital Advisors LLC raised its position in shares of Ford Motor by 25.9% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 14,281 shares of the auto manufacturer's stock worth $155,000 after acquiring an additional 2,940 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Weiss Ratings restated a "hold (c)" rating on shares of Ford Motor in a research note on Tuesday, October 14th. Dbs Bank downgraded Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. JPMorgan Chase & Co. increased their target price on Ford Motor from $13.00 to $14.00 and gave the company an "overweight" rating in a report on Monday. Wall Street Zen upgraded Ford Motor from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Finally, Barclays upped their price target on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 16th. Two analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Ford Motor presently has an average rating of "Hold" and an average target price of $11.11.

About Ford Motor

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.

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