Ford Motor (F) to Release Earnings on Wednesday

Ford Motor (NYSE:F) will be releasing its earnings data after the market closes on Wednesday, April 24th. Analysts expect Ford Motor to post earnings of $0.44 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.17. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The company had revenue of $43.21 billion for the quarter, compared to analysts’ expectations of $43.06 billion. During the same quarter in the previous year, the business posted $0.51 earnings per share. Ford Motor’s quarterly revenue was up 3.5% on a year-over-year basis. On average, analysts expect Ford Motor to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ford Motor Trading Up 6.1 %

Shares of F stock opened at $12.88 on Tuesday. The company has a market cap of $51.18 billion, a PE ratio of 11.93, a price-to-earnings-growth ratio of 0.96 and a beta of 1.63. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.20 and a quick ratio of 1.04. The stock’s 50 day simple moving average is $12.59 and its two-hundred day simple moving average is $11.76. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42.

Ford Motor Announces Dividend

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

Insider Buying and Selling at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the transaction, the chief accounting officer now owns 7,102 shares in the company, valued at $88,988.06. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on F shares. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 target price on shares of Ford Motor in a research note on Wednesday, February 7th. Morgan Stanley raised their target price on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Barclays lifted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Citigroup increased their target price on Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Finally, UBS Group downgraded 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. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $13.82.

About Ford Motor

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.