Ford Motor (NYSE:F) Receives $9.93 Average Price Target from Brokerages

Ford Motor (NYSE:F - Get Free Report) has been given an average recommendation of "Reduce" by the seventeen ratings firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $10.00.

A number of equities analysts have recently commented on the stock. Piper Sandler decreased their price target on shares of Ford Motor from $9.00 to $8.50 and set a "neutral" rating on the stock in a report on Tuesday. Sanford C. Bernstein downgraded Ford Motor from a "market perform" rating to an "underperform" rating and lowered their price target for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. StockNews.com raised Ford Motor from a "sell" rating to a "hold" rating in a research note on Monday, May 5th. BNP Paribas upgraded Ford Motor to a "hold" rating in a research report on Monday, February 10th. Finally, Royal Bank of Canada lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a report on Thursday, February 6th.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently modified their holdings of the stock. Keynote Financial Services LLC lifted its stake in shares of Ford Motor by 6.2% in the 1st quarter. Keynote Financial Services LLC now owns 67,234 shares of the auto manufacturer's stock valued at $674,000 after purchasing an additional 3,904 shares during the period. 1834 Investment Advisors Co. lifted its position in Ford Motor by 28.4% during the first quarter. 1834 Investment Advisors Co. now owns 365,523 shares of the auto manufacturer's stock valued at $3,666,000 after buying an additional 80,746 shares during the period. Chicago Partners Investment Group LLC bought a new stake in shares of Ford Motor during the 1st quarter valued at $180,000. Charles Schwab Investment Management Inc. grew its position in shares of Ford Motor by 8.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock worth $1,404,741,000 after buying an additional 10,947,527 shares during the period. Finally, ASR Vermogensbeheer N.V. purchased a new stake in shares of Ford Motor in the 1st quarter worth about $3,422,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

Shares of Ford Motor stock traded up $0.17 during trading on Wednesday, hitting $10.45. The stock had a trading volume of 76,201,623 shares, compared to its average volume of 75,066,779. The firm has a market cap of $41.42 billion, a price-to-earnings ratio of 7.16, a P/E/G ratio of 0.61 and a beta of 1.53. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The business's 50-day moving average is $9.81 and its 200 day moving average is $10.06. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The firm had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. During the same quarter last year, the firm posted $0.49 EPS. The company's revenue was down 6.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.74%. Ford Motor's dividend payout ratio is presently 48.00%.

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.