Ford Motor (F) Expected to Announce Earnings of $0.40 Per Share

Wall Street brokerages expect Ford Motor (NYSE:F) to report $0.40 earnings per share for the current quarter, Zacks reports. Three analysts have made estimates for Ford Motor’s earnings, with the highest EPS estimate coming in at $0.43 and the lowest estimate coming in at $0.37. Ford Motor posted earnings of $0.39 per share in the same quarter last year, which suggests a positive year over year growth rate of 2.6%. The business is scheduled to issue its next earnings results on Thursday, April 26th.

On average, analysts expect that Ford Motor will report full year earnings of $1.49 per share for the current year, with EPS estimates ranging from $1.00 to $1.66. For the next financial year, analysts forecast that the business will post earnings of $1.45 per share, with EPS estimates ranging from $0.92 to $1.75. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Ford Motor.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. The business had revenue of $38.50 billion for the quarter, compared to analyst estimates of $36.96 billion. During the same period in the prior year, the company earned $0.30 earnings per share. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis.

F has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research report on Tuesday, October 31st. ValuEngine upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Piper Jaffray Companies set a $14.00 price target on shares of Ford Motor and gave the company a “buy” rating in a research report on Monday, October 16th. Vetr upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 price target for the company in a research report on Friday, October 13th. Finally, Cascend Securities downgraded shares of Ford Motor to a “buy” rating in a research report on Tuesday, December 5th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have issued a buy rating to the company. Ford Motor presently has an average rating of “Hold” and an average price target of $12.54.

In other Ford Motor news, insider Steven R. Armstrong sold 10,752 shares of the stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the completion of the sale, the insider now owns 101,159 shares in the company, valued at approximately $1,246,278.88. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Hau N. Thai-Tang sold 18,000 shares of the stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $13.00, for a total transaction of $234,000.00. Following the completion of the sale, the insider now owns 14,358 shares of the company’s stock, valued at approximately $186,654. The disclosure for this sale can be found here. In the last quarter, insiders sold 47,752 shares of company stock valued at $603,965. Insiders own 1.08% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its stake in shares of Ford Motor by 1.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 39,609,473 shares of the auto manufacturer’s stock worth $474,123,000 after purchasing an additional 410,123 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Ford Motor by 7.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 35,817,086 shares of the auto manufacturer’s stock worth $428,730,000 after purchasing an additional 2,518,396 shares during the last quarter. Pzena Investment Management LLC increased its stake in shares of Ford Motor by 6.7% during the 3rd quarter. Pzena Investment Management LLC now owns 25,409,816 shares of the auto manufacturer’s stock worth $304,155,000 after purchasing an additional 1,597,098 shares during the last quarter. Capital Research Global Investors increased its stake in shares of Ford Motor by 18.3% during the 2nd quarter. Capital Research Global Investors now owns 23,655,000 shares of the auto manufacturer’s stock worth $264,699,000 after purchasing an additional 3,655,000 shares during the last quarter. Finally, LSV Asset Management increased its stake in shares of Ford Motor by 1.6% during the 4th quarter. LSV Asset Management now owns 23,496,850 shares of the auto manufacturer’s stock worth $293,475,000 after purchasing an additional 364,500 shares during the last quarter. Institutional investors own 54.10% of the company’s stock.

Shares of Ford Motor (NYSE F) opened at $10.70 on Wednesday. Ford Motor has a one year low of $10.19 and a one year high of $13.48. The company has a market cap of $40,676.37, a P/E ratio of 5.66, a P/E/G ratio of 0.61 and a beta of 1.13. The company has a current ratio of 1.23, a quick ratio of 1.12 and a debt-to-equity ratio of 2.94.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Tuesday, January 30th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, January 29th. This represents a $0.60 dividend on an annualized basis and a yield of 5.61%. Ford Motor’s payout ratio is 31.58%.

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Ford Motor Company Profile

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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Earnings History and Estimates for Ford Motor (NYSE:F)

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