Ford Motor (NYSE:F - Get Free Report)'s stock price rose 1% during trading on Wednesday . The company traded as high as $9.61 and last traded at $9.55. Approximately 29,089,345 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 111,221,094 shares. The stock had previously closed at $9.45.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the company. TD Cowen started coverage on Ford Motor in a research report on Friday, March 7th. They set a "hold" rating and a $10.00 price objective on the stock. Barclays decreased their price target on Ford Motor from $10.00 to $8.00 and set an "equal weight" rating for the company in a research note on Tuesday. Bank of America cut their price objective on Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Royal Bank of Canada decreased their target price on Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a research report on Thursday, February 6th. Finally, UBS Group reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $10.30.
View Our Latest Stock Report on Ford Motor
Ford Motor Stock Performance
The business has a 50-day moving average of $9.60 and a two-hundred day moving average of $10.13. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The company has a market cap of $38.16 billion, a P/E ratio of 6.59, a P/E/G ratio of 0.61 and a beta of 1.41.
Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, sell-side analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 annualized dividend and a yield of 6.23%. Ford Motor's dividend payout ratio (DPR) is 41.10%.
Hedge Funds Weigh In On Ford Motor
Several hedge funds and other institutional investors have recently modified their holdings of F. Albion Financial Group UT raised its stake in shares of Ford Motor by 38.5% during the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock worth $36,000 after buying an additional 1,000 shares during the last quarter. Brighton Jones LLC lifted its holdings in shares of Ford Motor by 5.4% in the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock valued at $195,000 after purchasing an additional 1,001 shares in the last quarter. Angeles Wealth Management LLC increased its stake in shares of Ford Motor by 1.3% during the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock worth $799,000 after purchasing an additional 1,024 shares in the last quarter. Atlas Brown Inc. lifted its stake in Ford Motor by 1.7% in the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer's stock valued at $627,000 after buying an additional 1,047 shares in the last quarter. Finally, Partners Wealth Management LLC increased its position in Ford Motor by 8.4% during the first quarter. Partners Wealth Management LLC now owns 13,903 shares of the auto manufacturer's stock worth $139,000 after buying an additional 1,082 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.
About Ford Motor
(
Get Free Report)
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.
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