Ford Motor (NYSE:F - Get Free Report)'s stock price was down 2.1% during trading on Wednesday . The stock traded as low as $10.82 and last traded at $10.82. Approximately 13,168,673 shares changed hands during trading, a decline of 75% from the average daily volume of 53,701,801 shares. The stock had previously closed at $11.05.
Wall Street Analyst Weigh In
F has been the subject of several recent analyst reports. Wolfe Research began coverage on shares of Ford Motor in a research note on Thursday, September 5th. They issued a "peer perform" rating for the company. StockNews.com raised Ford Motor from a "sell" rating to a "hold" rating in a research note on Friday, August 2nd. Evercore ISI raised Ford Motor to a "hold" rating in a research note on Friday, July 26th. Barclays dropped their price target on Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 29th. Finally, Sanford C. Bernstein lowered Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $12.02.
Check Out Our Latest Research Report on Ford Motor
Ford Motor Stock Performance
The stock has a market capitalization of $42.17 billion, a P/E ratio of 12.30, a PEG ratio of 2.00 and a beta of 1.62. The stock's 50-day simple moving average is $10.81 and its 200 day simple moving average is $11.48. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.
Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 earnings per share. Research analysts expect that Ford Motor will post 1.82 EPS for the current fiscal year.
Ford Motor Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.66%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor's payout ratio is currently 68.18%.
Institutional Trading of Ford Motor
Several large investors have recently made changes to their positions in F. Olistico Wealth LLC bought a new position in shares of Ford Motor in the second quarter worth about $25,000. Family Firm Inc. bought a new position in Ford Motor in the 2nd quarter valued at approximately $26,000. Quarry LP acquired a new stake in Ford Motor in the second quarter valued at approximately $27,000. Ridgewood Investments LLC bought a new stake in shares of Ford Motor during the second quarter worth $28,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Ford Motor during the second quarter worth $30,000. Institutional investors and hedge funds own 58.74% of the company's stock.
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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