Ford Motor Company (NYSE:F - Get Free Report)'s stock price shot up 1.8% during mid-day trading on Wednesday . The company traded as high as $11.52 and last traded at $11.56. 41,717,321 shares changed hands during trading, a decline of 49% from the average session volume of 82,166,334 shares. The stock had previously closed at $11.35.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on F shares. Piper Sandler raised their price target on Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a research note on Thursday, May 22nd. TD Cowen assumed coverage on Ford Motor in a research report on Friday, March 7th. They issued a "hold" rating and a $10.00 price objective for the company. UBS Group reduced their price target on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. JPMorgan Chase & Co. upped their price objective on Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Finally, Barclays lifted their target price on Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $10.03.
Get Our Latest Report on F
Ford Motor Price Performance
The stock has a market cap of $46.80 billion, a P/E ratio of 9.42, a PEG ratio of 0.97 and a beta of 1.49. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.13 and a quick ratio of 0.97. The business's fifty day moving average price is $10.46 and its 200 day moving average price is $9.98.
Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The firm's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the business earned $0.49 EPS. Sell-side analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.
Ford Motor Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.10%. Ford Motor's payout ratio is 48.00%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in F. Atlas Capital Advisors Inc. increased its holdings in Ford Motor by 21.2% in the 1st quarter. Atlas Capital Advisors Inc. now owns 5,665 shares of the auto manufacturer's stock worth $57,000 after acquiring an additional 989 shares in the last quarter. Kovack Advisors Inc. boosted its position in shares of Ford Motor by 1.7% in the first quarter. Kovack Advisors Inc. now owns 62,199 shares of the auto manufacturer's stock worth $624,000 after purchasing an additional 1,035 shares during the period. Partners Wealth Management LLC boosted its position in shares of Ford Motor by 8.4% in the first quarter. Partners Wealth Management LLC now owns 13,903 shares of the auto manufacturer's stock worth $139,000 after purchasing an additional 1,082 shares during the period. Advisors Capital Management LLC boosted its position in shares of Ford Motor by 9.6% in the first quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer's stock worth $126,000 after purchasing an additional 1,100 shares during the period. Finally, Proficio Capital Partners LLC boosted its position in shares of Ford Motor by 10.1% in the fourth quarter. Proficio Capital Partners LLC now owns 12,118 shares of the auto manufacturer's stock worth $120,000 after purchasing an additional 1,112 shares during the period. Institutional investors own 58.74% of the company's stock.
About Ford Motor
(
Get Free Report)
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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