Ford Motor Company (F) Declares Quarterly Dividend of $0.13
Ford Motor Company (NYSE:F) declared a quarterly dividend on Thursday, July 10th, AR Network reports. Shareholders of record on Friday, August 1st will be given a dividend of 0.125 per share on Tuesday, September 2nd. This represents a $0.50 dividend on an annualized basis and a yield of 2.87%.
Several analysts have recently commented on the stock. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of Ford Motor Company in a research note on Tuesday, June 24th. They now have a $17.00 price target on the stock. On the ratings front, analysts at Zacks upgraded shares of Ford Motor Company from an “underperform” rating to a “neutral” rating in a research note on Wednesday, June 11th. They now have a $18.00 price target on the stock. Finally, 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. Nine equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $19.00.
Shares of Ford Motor Company (NYSE:F) opened at 17.43 on Thursday. Ford Motor Company has a one year low of $14.40 and a one year high of $18.02. The stock’s 50-day moving average is $16.7 and its 200-day moving average is $15.91. The company has a market cap of $68.923 billion and a P/E ratio of 10.65.
Ford Motor Company (NYSE:F) last posted its quarterly earnings results on Friday, April 25th. The company reported $0.25 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $0.41 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. Analysts expect that Ford Motor Company will post $1.32 EPS for the current fiscal year.
Ford Motor Company (NYSE:F) is a producer of automobiles.
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