Ford Motor Company (F) to Release Earnings on Thursday
Ford Motor Company (NYSE:F) is scheduled to be releasing its earnings data before the market opens on Thursday, October 26th. Analysts expect Ford Motor to post earnings of $0.31 per share for the quarter. Ford Motor has set its FY17 guidance at $1.65-1.85 EPS.
Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The firm had revenue of $36.93 billion for the quarter, compared to the consensus estimate of $37.22 billion. During the same quarter in the previous year, the business earned $0.52 EPS. The company’s revenue was down .5% compared to the same quarter last year. On average, analysts expect Ford Motor to post $1.75 EPS for the current fiscal year and $1.52 EPS for the next fiscal year.
Ford Motor Company (F) opened at 12.19 on Thursday. The stock has a 50 day moving average price of $11.84 and a 200-day moving average price of $11.32. Ford Motor Company has a 52 week low of $10.47 and a 52 week high of $13.27. The stock has a market cap of $48.42 billion, a P/E ratio of 12.83 and a beta of 1.12.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, October 23rd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.92%. The ex-dividend date is Friday, October 20th. Ford Motor’s dividend payout ratio (DPR) is currently 63.16%.
In related news, insider Steven R. Armstrong sold 22,076 shares of Ford Motor stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $12.37, for a total transaction of $273,080.12. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP John T. Lawler sold 80,624 shares of Ford Motor stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total transaction of $886,864.00. Following the transaction, the vice president now owns 10 shares in the company, valued at approximately $110. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 217,700 shares of company stock worth $2,486,044. 1.08% of the stock is owned by corporate insiders.
Several equities research analysts recently weighed in on F shares. Vetr downgraded shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 price target for the company. in a research report on Monday, September 4th. Berenberg Bank set a $10.00 price target on shares of Ford Motor and gave the company a “sell” rating in a research report on Monday, August 14th. Barclays PLC downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and raised their price target for the company from $12.12 to $14.00 in a research report on Friday, October 13th. BidaskClub raised shares of Ford Motor from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Finally, Standpoint Research raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, October 4th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $12.44.
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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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