Ford Motor (NYSE:F) Trading 0.2% Higher - What's Next?

Ford Motor (NYSE:F - Get Free Report)'s share price shot up 0.2% during trading on Thursday . The stock traded as high as $10.51 and last traded at $10.43. 7,545,327 shares were traded during trading, a decline of 86% from the average session volume of 53,729,496 shares. The stock had previously closed at $10.41.

Wall Street Analysts Forecast Growth

F has been the topic of several research analyst reports. Royal Bank of Canada restated a "sector perform" rating and set a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. Wells Fargo & Company reduced their price objective on Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a research note on Tuesday, September 10th. Barclays reduced their price objective on Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 29th. Morgan Stanley cut Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a research report on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, Ford Motor has a consensus rating of "Hold" and a consensus price target of $12.08.

Ford Motor Price Performance

The stock has a market capitalization of $41.33 billion, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 1.91 and a beta of 1.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The stock has a 50-day simple moving average of $10.85 and a 200 day simple moving average of $11.33.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period last year, the company posted $0.39 EPS. The business's quarterly revenue was up 5.5% compared to the same quarter last year. On average, equities research analysts forecast that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.77%. Ford Motor's dividend payout ratio is 68.18%.

Institutional Investors Weigh In On Ford Motor

Institutional investors have recently made changes to their positions in the company. Family Firm Inc. bought a new position in shares of Ford Motor in the 2nd quarter valued at approximately $26,000. Quarry LP bought a new position in shares of Ford Motor in the 2nd quarter valued at approximately $27,000. Ridgewood Investments LLC bought a new position in shares of Ford Motor in the 2nd quarter valued at approximately $28,000. Kimelman & Baird LLC bought a new position in shares of Ford Motor in the 2nd quarter valued at approximately $30,000. Finally, Reston Wealth Management LLC bought a new position in shares of Ford Motor in the 3rd quarter valued at approximately $33,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.