Wall Street brokerages expect that Ford Motor (NYSE:F) will report $0.26 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Ford Motor’s earnings. The lowest EPS estimate is $0.21 and the highest is $0.33. Ford Motor reported earnings of $0.43 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 39.5%. The business is scheduled to report its next earnings results on Wednesday, April 24th.
According to Zacks, analysts expect that Ford Motor will report full-year earnings of $1.21 per share for the current fiscal year, with EPS estimates ranging from $0.95 to $1.36. For the next financial year, analysts forecast that the company will report earnings of $1.27 per share, with EPS estimates ranging from $0.72 to $1.59. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Ford Motor.
Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, January 23rd. The auto manufacturer reported $0.30 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.30. Ford Motor had a return on equity of 14.38% and a net margin of 2.29%. The firm had revenue of $38.70 billion during the quarter, compared to the consensus estimate of $36.83 billion. During the same quarter in the prior year, the company earned $0.39 EPS. The business’s revenue for the quarter was up .5% on a year-over-year basis.
A number of brokerages have recently commented on F. ValuEngine cut Ford Motor from a “hold” rating to a “sell” rating in a research report on Friday. Zacks Investment Research raised Ford Motor from a “hold” rating to a “buy” rating and set a $9.25 price target on the stock in a research report on Wednesday, January 9th. Seaport Global Securities began coverage on Ford Motor in a research report on Wednesday, February 13th. They set a “neutral” rating and a $8.46 price target on the stock. They noted that the move was a valuation call. BMO Capital Markets reaffirmed a “hold” rating and set a $8.50 price target on shares of Ford Motor in a research report on Monday, January 7th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $11.00 price target on shares of Ford Motor in a research report on Tuesday, January 8th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $10.29.
Shares of NYSE F opened at $8.41 on Tuesday. Ford Motor has a one year low of $7.41 and a one year high of $12.15. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.08 and a current ratio of 1.20. The firm has a market cap of $34.05 billion, a PE ratio of 6.47, a PEG ratio of 0.78 and a beta of 1.04.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, January 31st were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, January 30th. This represents a $0.60 dividend on an annualized basis and a yield of 7.13%. Ford Motor’s dividend payout ratio (DPR) is 46.15%.
Institutional investors and hedge funds have recently modified their holdings of the stock. Van ECK Associates Corp increased its position in shares of Ford Motor by 2.0% during the 4th quarter. Van ECK Associates Corp now owns 61,662 shares of the auto manufacturer’s stock valued at $472,000 after purchasing an additional 1,185 shares during the last quarter. Enterprise Financial Services Corp increased its position in shares of Ford Motor by 27.6% during the 4th quarter. Enterprise Financial Services Corp now owns 5,526 shares of the auto manufacturer’s stock valued at $42,000 after purchasing an additional 1,196 shares during the last quarter. Unison Advisors LLC increased its position in shares of Ford Motor by 1.6% during the 4th quarter. Unison Advisors LLC now owns 80,100 shares of the auto manufacturer’s stock valued at $612,000 after purchasing an additional 1,261 shares during the last quarter. Meridian Wealth Management LLC increased its position in shares of Ford Motor by 7.0% during the 4th quarter. Meridian Wealth Management LLC now owns 20,265 shares of the auto manufacturer’s stock valued at $155,000 after purchasing an additional 1,323 shares during the last quarter. Finally, Providence Capital Advisors LLC increased its position in shares of Ford Motor by 1.2% during the 4th quarter. Providence Capital Advisors LLC now owns 109,336 shares of the auto manufacturer’s stock valued at $836,000 after purchasing an additional 1,328 shares during the last quarter. 52.74% of the stock is currently owned by institutional investors and hedge funds.
About Ford Motor
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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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