Share on StockTwits

Ford Motor Company (NYSE:F) VP David G. Leitch unloaded 60,000 shares of the company’s stock on the open market in a transaction dated Monday, August 18th. The stock was sold at an average price of $17.44, for a total transaction of $1,046,400.00. Following the transaction, the vice president now directly owns 270,201 shares in the company, valued at approximately $4,712,305. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

A number of research firms have recently commented on F. Analysts at Credit Suisse initiated coverage on shares of Ford Motor Company in a research note on Wednesday, August 13th. They set a “neutral” rating and a $18.00 price target on the stock. Separately, analysts at Stifel Nicolaus upgraded shares of Ford Motor Company from a “hold” rating to a “buy” rating in a research note on Tuesday, August 12th. They now have a $22.00 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 Friday, July 25th. They now have a $20.00 price target on the stock, up previously from $19.00. Nine research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $19.38.

Shares of Ford Motor Company (NYSE:F) traded up 0.29% on Thursday, hitting $17.46. 6,855,800 shares of the company’s stock traded hands. Ford Motor Company has a 52 week low of $14.40 and a 52 week high of $18.12. The stock’s 50-day moving average is $17. and its 200-day moving average is $16.26. The company has a market cap of $67.718 billion and a P/E ratio of 10.71.

Ford Motor Company (NYSE:F) last released its earnings data on Thursday, July 24th. The company reported $0.32 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.38 by $0.06. The company had revenue of $37.40 billion for the quarter, compared to the consensus estimate of $38.13 billion. During the same quarter last year, the company posted $0.45 earnings per share. Ford Motor Company’s revenue was down 1.9% compared to the same quarter last year. Analysts expect that Ford Motor Company will post $1.33 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 2nd. Investors of record on Friday, August 1st will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.87%. The ex-dividend date is Wednesday, July 30th.

Ford Motor Company (NYSE:F) is a producer of automobiles.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.