Ford Motor (NYSE:F - Get Free Report)'s stock price was up 3.7% during mid-day trading on Wednesday . The stock traded as high as $9.50 and last traded at $9.46. Approximately 38,266,127 shares were traded during trading, a decline of 52% from the average daily volume of 80,041,023 shares. The stock had previously closed at $9.12.
Analyst Ratings Changes
A number of brokerages have commented on F. Bank of America lowered their target price on Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a report on Thursday, February 6th. Sanford C. Bernstein downgraded shares of Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 target price for the company. in a research note on Thursday, November 7th. Royal Bank of Canada decreased their price target on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 6th. Wells Fargo & Company cut their price objective on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 6th. Finally, BNP Paribas raised shares of Ford Motor to a "hold" rating in a research note on Monday, February 10th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $11.89.
View Our Latest Analysis on Ford Motor
Ford Motor Stock Performance
The firm has a market capitalization of $37.99 billion, a price-to-earnings ratio of 6.59, a price-to-earnings-growth ratio of 0.61 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock's fifty day moving average is $9.74 and its two-hundred day moving average is $10.40.
Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.
Ford Motor Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.26%. The ex-dividend date was Tuesday, February 18th. Ford Motor's payout ratio is currently 41.10%.
Institutional Investors Weigh In On Ford Motor
A number of institutional investors have recently modified their holdings of F. Probity Advisors Inc. increased its holdings in shares of Ford Motor by 18.6% in the 4th quarter. Probity Advisors Inc. now owns 33,055 shares of the auto manufacturer's stock valued at $327,000 after acquiring an additional 5,193 shares during the last quarter. Park Square Financial Group LLC bought a new stake in Ford Motor during the fourth quarter valued at $49,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Ford Motor during the fourth quarter worth $19,215,000. Bernard Wealth Management Corp. acquired a new stake in shares of Ford Motor during the fourth quarter worth $104,000. Finally, Yoffe Investment Management LLC bought a new position in shares of Ford Motor in the 4th quarter worth about $101,000. Institutional investors and hedge funds own 58.74% of the company's stock.
Ford Motor Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Ford Motor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ford Motor wasn't on the list.
While Ford Motor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
