Ford Motor (NYSE:F) Releases Earnings Results, Beats Estimates By $0.05 EPS

Ford Motor (NYSE:F - Get Free Report) released its quarterly earnings results on Wednesday. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.05, Briefing.com reports. Ford Motor had a return on equity of 18.95% and a net margin of 2.47%. The company had revenue of $42.78 billion for the quarter, compared to analysts' expectations of $42.93 billion. During the same period in the prior year, the firm earned $0.63 earnings per share. The firm's revenue was up 3.1% compared to the same quarter last year.

Ford Motor Price Performance

Shares of NYSE:F traded up $0.01 during trading on Wednesday, hitting $12.95. 71,457,432 shares of the stock were exchanged, compared to its average volume of 53,875,523. The company has a fifty day moving average price of $12.60 and a two-hundred day moving average price of $11.78. The company has a market cap of $51.46 billion, a PE ratio of 11.99, a P/E/G ratio of 1.02 and a beta of 1.63. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42.

Ford Motor Announces Dividend

The company also recently declared a Variable dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were paid a dividend of $0.33 per share. This represents a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, February 15th. Ford Motor's dividend payout ratio (DPR) is 55.56%.

Insider Transactions at Ford Motor

In related news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the transaction, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.40% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on F shares. UBS Group lowered Ford Motor from a "buy" rating to a "neutral" rating and set a $12.00 price objective on the stock. in a research report on Wednesday, January 17th. Redburn Atlantic started coverage on Ford Motor in a research report on Wednesday, January 24th. They set a "sell" rating and a $10.00 price objective on the stock. Royal Bank of Canada reissued a "sector perform" rating and issued a $12.00 target price on shares of Ford Motor in a report on Wednesday, February 7th. Morgan Stanley increased their target price on Ford Motor from $15.00 to $16.00 and gave the company an "overweight" rating in a report on Tuesday, February 13th. Finally, Piper Sandler started coverage on Ford Motor in a report on Friday, March 15th. They issued a "neutral" rating and a $13.00 target price on the stock. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $13.82.

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.