Q4 2017 Earnings Forecast for Ford Motor Company (F) Issued By Seaport Global Securities
Ford Motor Company (NYSE:F) – Stock analysts at Seaport Global Securities raised their Q4 2017 earnings per share estimates for shares of Ford Motor in a research report issued on Thursday. Seaport Global Securities analyst M. Ward now forecasts that the auto manufacturer will earn $0.46 per share for the quarter, up from their prior estimate of $0.38. Seaport Global Securities also issued estimates for Ford Motor’s Q1 2018 earnings at $0.43 EPS, Q2 2018 earnings at $0.49 EPS, Q3 2018 earnings at $0.37 EPS and Q4 2018 earnings at $0.43 EPS.
Other analysts have also issued research reports about the company. Vetr lowered Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 target price for the company. in a report on Wednesday, May 31st. Wolfe Research began coverage on shares of Ford Motor in a research note on Tuesday, June 13th. They issued a “market perform” rating on the stock. Zacks Investment Research raised shares of Ford Motor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 24th. Tigress Financial reissued a “buy” rating on shares of Ford Motor in a research report on Thursday, March 30th. Finally, Deutsche Bank AG reissued a “hold” rating and set a $14.00 target price on shares of Ford Motor in a research report on Wednesday, May 24th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $13.38.
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Shares of Ford Motor (NYSE:F) traded down 0.36% during trading on Friday, reaching $11.14. The company had a trading volume of 16,723,515 shares. The stock’s 50-day moving average price is $11.31 and its 200-day moving average price is $11.72. Ford Motor has a 12 month low of $10.67 and a 12 month high of $13.27. The stock has a market capitalization of $44.36 billion, a PE ratio of 11.86 and a beta of 1.11.
Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.13. The firm had revenue of $36.93 billion during the quarter, compared to analysts’ expectations of $37.22 billion. Ford Motor had a return on equity of 19.06% and a net margin of 2.52%. Ford Motor’s revenue was down .5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.52 earnings per share.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, July 24th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.37%. The ex-dividend date of this dividend is Thursday, July 20th. Ford Motor’s dividend payout ratio (DPR) is 63.16%.
In other Ford Motor news, insider James D. Farley, Jr. sold 25,000 shares of the firm’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $11.16, for a total value of $279,000.00. Following the transaction, the insider now directly owns 428,411 shares of the company’s stock, valued at $4,781,066.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.08% of the stock is currently owned by company insiders.
A number of hedge funds have recently bought and sold shares of F. Quadrature Capital Ltd bought a new stake in Ford Motor during the fourth quarter worth about $5,571,000. Wealthfront Inc. acquired a new position in Ford Motor during the fourth quarter valued at $434,000. RMB Capital Management LLC acquired a new position in Ford Motor during the fourth quarter valued at $5,958,000. Teachers Advisors LLC increased its position in Ford Motor by 7.9% in the fourth quarter. Teachers Advisors LLC now owns 7,735,818 shares of the auto manufacturer’s stock valued at $93,835,000 after buying an additional 566,217 shares during the last quarter. Finally, Kentucky Retirement Systems acquired a new position in Ford Motor during the fourth quarter valued at $3,435,000. Institutional investors and hedge funds own 55.50% of the company’s stock.
About Ford Motor
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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