Ford Motor (NYSE:F - Get Free Report)'s stock price was up 0.7% during mid-day trading on Thursday . The company traded as high as $10.70 and last traded at $10.73. Approximately 19,190,157 shares were traded during trading, a decline of 74% from the average daily volume of 75,239,736 shares. The stock had previously closed at $10.65.
Analyst Ratings Changes
F has been the topic of a number of recent research reports. Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and reduced their price objective for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. StockNews.com raised Ford Motor from a "sell" rating to a "hold" rating in a report on Wednesday, May 14th. UBS Group cut their target price on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Barclays boosted their price target on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Finally, Piper Sandler cut their price objective on shares of Ford Motor from $9.00 to $8.50 and set a "neutral" rating on the stock in a research note on Tuesday, May 6th. Three 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $10.00.
Read Our Latest Stock Analysis on F
Ford Motor Price Performance
The company has a market cap of $42.57 billion, a PE ratio of 7.36, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. The stock has a fifty day moving average price of $9.90 and a 200-day moving average price of $10.05. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.
Ford Motor (NYSE:F - Get Free Report) last released its 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. The company had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The business's revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.49 EPS. On average, equities analysts expect that Ford Motor will post 1.47 earnings per share for the current year.
Ford Motor Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.59%. Ford Motor's payout ratio is 48.00%.
Institutional Investors Weigh In On Ford Motor
Several institutional investors and hedge funds have recently added to or reduced their stakes in F. Grove Bank & Trust grew its stake in Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after buying an additional 1,882 shares during the last quarter. Hager Investment Management Services LLC bought a new position in shares of Ford Motor in the fourth quarter worth about $26,000. Elite Financial Inc. acquired a new position in shares of Ford Motor during the 1st quarter worth about $27,000. Olde Wealth Management LLC bought a new stake in Ford Motor during the 1st quarter valued at approximately $28,000. Finally, Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor during the fourth quarter worth approximately $29,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.
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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