Ford Motor (F) to Release Earnings on Wednesday

Ford Motor (NYSE:F) is set to announce its earnings results after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, February 6th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.17. The firm had revenue of $43.21 billion for the quarter, compared to analyst estimates of $43.06 billion. Ford Motor had a net margin of 2.47% and a return on equity of 18.95%. The business’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.51 EPS. On average, analysts expect Ford Motor to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ford Motor Stock Performance

NYSE F opened at $12.09 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 2.33. The firm has a market capitalization of $48.04 billion, a price-to-earnings ratio of 11.19, a P/E/G ratio of 1.00 and a beta of 1.63. The firm’s 50 day simple moving average is $12.63 and its 200 day simple moving average is $11.76. Ford Motor has a 1 year low of $9.63 and a 1 year high of $15.42.

Ford Motor Announces Dividend

The business also recently disclosed a Variable dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were paid a $0.33 dividend. This represents a yield of 4.7%. The ex-dividend date was Thursday, February 15th. Ford Motor’s payout ratio is 55.56%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on F. Citigroup lifted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Barclays boosted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Piper Sandler started coverage on shares of Ford Motor in a research report on Friday, March 15th. They issued a “neutral” rating and a $13.00 price objective on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 price objective on shares of Ford Motor in a research report on Wednesday, February 7th. Finally, Morgan Stanley upped their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Ford Motor currently has a consensus rating of “Hold” and a consensus target price of $13.82.

Insider Activity at Ford Motor

In other Ford Motor news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $12.53, for a total transaction of $337,031.94. Following the transaction, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at $88,988.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD lifted its stake in Ford Motor by 1.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,290,194 shares of the auto manufacturer’s stock worth $64,489,000 after acquiring an additional 83,364 shares during the period. Hobbs Group Advisors LLC purchased a new position in shares of Ford Motor in the 4th quarter valued at approximately $94,000. SageView Advisory Group LLC increased its holdings in Ford Motor by 42.2% in the 4th quarter. SageView Advisory Group LLC now owns 69,882 shares of the auto manufacturer’s stock worth $823,000 after buying an additional 20,726 shares during the period. Bluefin Capital Management LLC increased its holdings in Ford Motor by 82.1% in the 4th quarter. Bluefin Capital Management LLC now owns 15,231 shares of the auto manufacturer’s stock worth $188,000 after buying an additional 6,868 shares during the period. Finally, Sanibel Captiva Trust Company Inc. acquired a new position in Ford Motor in the 4th quarter worth approximately $645,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.