Ford Motor Company (NYSE:F) Receives Consensus Recommendation of “Hold” from Brokerages

Ford Motor Company (NYSE:F) has been assigned a consensus recommendation of “Hold” from the eighteen research firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $13.2867.

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a research report on Wednesday, February 11th. Evercore upped their target price on shares of Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a research report on Monday, December 22nd. Piper Sandler raised shares of Ford Motor from a “neutral” rating to an “overweight” rating and raised their target price for the company from $11.00 to $16.00 in a research note on Thursday, January 8th. Zacks Research cut shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, HSBC increased their price objective on shares of Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a report on Tuesday, January 13th.

Ford Motor Stock Performance

NYSE:F opened at $11.34 on Friday. The stock has a 50-day moving average price of $13.12 and a 200 day moving average price of $12.92. The stock has a market capitalization of $45.23 billion, a P/E ratio of -5.50, a P/E/G ratio of 0.27 and a beta of 1.65. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.80. The company has a current ratio of 1.07, a quick ratio of 0.94 and a debt-to-equity ratio of 2.95.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The company had revenue of $45.89 billion for the quarter, compared to analysts’ expectations of $41.78 billion. During the same period in the previous year, the firm earned $0.39 EPS. The firm’s revenue was down 4.8% compared to the same quarter last year. Equities research analysts forecast that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 5.3%. Ford Motor’s payout ratio is presently -29.13%.

Insider Activity

In other news, insider William Clay Ford, Jr. bought 140,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was purchased at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the transaction, the insider owned 3,912,600 shares of the company’s stock, valued at $54,072,132. The trade was a 3.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.48% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ford Motor

Institutional investors have recently bought and sold shares of the business. Parkside Financial Bank & Trust boosted its stake in shares of Ford Motor by 7.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock worth $144,000 after purchasing an additional 756 shares during the period. Robertson Stephens Wealth Management LLC boosted its position in shares of Ford Motor by 1.8% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock valued at $560,000 after buying an additional 761 shares during the period. CRA Financial Services LLC boosted its position in shares of Ford Motor by 4.4% during the fourth quarter. CRA Financial Services LLC now owns 18,327 shares of the auto manufacturer’s stock valued at $240,000 after buying an additional 775 shares during the period. Cary Street Partners Investment Advisory LLC grew its stake in shares of Ford Motor by 16.5% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 5,470 shares of the auto manufacturer’s stock valued at $65,000 after buying an additional 776 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC raised its holdings in shares of Ford Motor by 7.2% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 11,697 shares of the auto manufacturer’s stock worth $153,000 after buying an additional 784 shares during the period. Institutional investors own 58.74% of the company’s stock.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.