Ford Motor Company (NYSE:F – Get Free Report)’s share price was down 1.4% during trading on Monday . The company traded as low as $13.94 and last traded at $14.0250. Approximately 39,752,534 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 60,834,348 shares. The stock had previously closed at $14.23.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on F. BNP Paribas Exane increased their price objective on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Barclays lifted their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $13.00 price target on shares of Ford Motor in a report on Friday, May 15th. JPMorgan Chase & Co. raised their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Friday. Finally, TD Cowen decreased their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $14.79.
Check Out Our Latest Stock Analysis on F
Ford Motor Stock Down 1.4%
Ford Motor (NYSE:F – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion during the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The firm’s revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.14 earnings per share. As a group, analysts forecast that Ford Motor Company will post 1.66 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is currently -38.71%.
Institutional Investors Weigh In On Ford Motor
Large investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in Ford Motor by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock worth $6,188,776,000 after buying an additional 4,087,699 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Ford Motor by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock valued at $1,994,464,000 after acquiring an additional 4,089,779 shares in the last quarter. Geode Capital Management LLC boosted its position in Ford Motor by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock valued at $1,394,697,000 after acquiring an additional 1,255,349 shares in the last quarter. Norges Bank purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $674,437,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Ford Motor by 3.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 47,442,901 shares of the auto manufacturer’s stock worth $547,379,000 after acquiring an additional 1,585,557 shares during the period. Institutional investors own 58.74% of the company’s stock.
Ford Motor Company Profile
Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.
Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.
See Also
- Five stocks we like better than Ford Motor
- The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
- Is Domino’s Stock Serving Up a Buying Opportunity?
- A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free
- Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.
