Short Interest in Ford Motor Company Rises By 4.4% (F)
Shares of Ford Motor Company (NYSE:F) were the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 68,507,340 shares, an increase of 4.4% from the April 15th total of 65,588,950 shares, ARN reports. Currently, 1.8% of the shares of the company are short sold. Based on an average trading volume of 27,120,269 shares, the short-interest ratio is currently 2.5 days.
In other Ford Motor Company news, VP Hau Thai-Tang sold 22,000 shares of Ford Motor Company stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $15.85, for a total transaction of $348,700.00. Following the transaction, the vice president now directly owns 17,440 shares in the company, valued at approximately $276,424. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
F has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Ford Motor Company in a research note on Monday, April 28th. They now have a $19.00 price target on the stock. Separately, analysts at S&P Equity Research reiterated a “buy” rating on shares of Ford Motor Company in a research note on Monday, April 28th. Finally, analysts at Zacks reiterated an “underperform” rating on shares of Ford Motor Company in a research note on Monday, April 28th. They now have a $14.00 price target on the stock. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $19.07.
Ford Motor Company (NYSE:F) opened at 15.91 on Thursday. Ford Motor Company has a one year low of $14.30 and a one year high of $18.02. The stock’s 50-day moving average is $15.91 and its 200-day moving average is $15.89. The company has a market cap of $62.912 billion and a P/E ratio of 9.81.
Ford Motor Company (NYSE:F) last posted its quarterly earnings results on Friday, April 25th. The company reported $0.25 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.31 by $0.06. The company had revenue of $35.60 billion for the quarter, compared to the consensus estimate of $34.06 billion. During the same quarter last year, the company posted $0.41 earnings per share. Ford Motor Company’s revenue was up .0% compared to the same quarter last year. Analysts expect that Ford Motor Company will post $1.32 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, June 2nd. Shareholders of record on Friday, May 2nd will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend is Wednesday, April 30th.
Ford Motor Company (NYSE:F) is a producer of automobiles.
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