Ford Motor (NYSE:F) Trading Up 3.4% Following Strong Earnings

Shares of Ford Motor (NYSE:F - Get Free Report) traded up 3.4% during mid-day trading on Tuesday following a stronger than expected earnings report. The stock traded as high as $10.62 and last traded at $10.52. 58,141,599 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 73,783,250 shares. The stock had previously closed at $10.17.

The auto manufacturer reported $0.14 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The business had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. During the same period last year, the firm posted $0.49 earnings per share. The firm's quarterly revenue was down 6.2% compared to the same quarter last year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor's dividend payout ratio (DPR) is 48.00%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on F shares. BNP Paribas upgraded Ford Motor to a "hold" rating in a research note on Monday, February 10th. StockNews.com upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Monday. Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Bank of America cut their target price on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating for the company in a research report on Thursday, February 6th. Finally, The Goldman Sachs Group lifted their price objective on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research note on Tuesday. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Ford Motor currently has an average rating of "Hold" and a consensus price target of $10.00.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in F. Franklin Resources Inc. lifted its holdings in Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock worth $15,998,000 after acquiring an additional 336,720 shares in the last quarter. NCP Inc. boosted its holdings in shares of Ford Motor by 62.0% in the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock valued at $738,000 after buying an additional 28,528 shares during the period. Principal Financial Group Inc. increased its position in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock worth $46,408,000 after acquiring an additional 160,409 shares in the last quarter. Alberta Investment Management Corp raised its holdings in shares of Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock worth $1,941,000 after acquiring an additional 91,300 shares during the period. Finally, CHURCHILL MANAGEMENT Corp acquired a new position in Ford Motor in the 4th quarter worth $10,853,000. Institutional investors own 58.74% of the company's stock.

Ford Motor Trading Up 0.9 %

The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The business has a fifty day moving average price of $9.77 and a 200 day moving average price of $10.07. The company has a market capitalization of $41.10 billion, a P/E ratio of 7.10, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53.

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.