FY2024 EPS Estimates for Ford Motor Cut by Zacks Research

Ford Motor (NYSE:F - Free Report) - Equities researchers at Zacks Research dropped their FY2024 EPS estimates for Ford Motor in a note issued to investors on Monday, November 18th. Zacks Research analyst R. Singhi now expects that the auto manufacturer will post earnings per share of $1.82 for the year, down from their previous forecast of $1.88. The consensus estimate for Ford Motor's current full-year earnings is $1.82 per share. Zacks Research also issued estimates for Ford Motor's Q1 2025 earnings at $0.42 EPS, Q2 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.39 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.44 EPS and Q3 2026 earnings at $0.45 EPS.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data 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. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion during the quarter, compared to analysts' expectations of $45.13 billion. During the same quarter last year, the company posted $0.39 EPS. The firm's quarterly revenue was up 5.5% on a year-over-year basis.

A number of other analysts have also recently weighed in on F. StockNews.com raised shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Friday, August 2nd. Evercore ISI upgraded shares of Ford Motor to a "hold" rating in a research note on Friday, July 26th. The Goldman Sachs Group upgraded shares of Ford Motor from a "neutral" rating to a "buy" rating and increased their target price for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Wolfe Research started coverage on Ford Motor in a research report on Thursday, September 5th. They issued a "peer perform" rating on the stock. Finally, Wells Fargo & Company decreased their price objective on Ford Motor from $10.00 to $9.00 and set an "underweight" rating for the company in a research report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $12.02.

Ford Motor Stock Down 3.0 %

F stock traded down $0.33 during midday trading on Wednesday, hitting $10.72. The company's stock had a trading volume of 34,889,022 shares, compared to its average volume of 53,797,973. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The firm has a market capitalization of $42.60 billion, a P/E ratio of 12.30, a PEG ratio of 2.00 and a beta of 1.62. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The firm has a 50-day simple moving average of $10.81 and a 200-day simple moving average of $11.48.

Hedge Funds Weigh In On Ford Motor

Several hedge funds have recently added to or reduced their stakes in F. Olistico Wealth LLC acquired a new position in shares of Ford Motor in the second quarter valued at approximately $25,000. Family Firm Inc. acquired a new stake in shares of Ford Motor during the second quarter worth $26,000. Quarry LP acquired a new stake in shares of Ford Motor during the second quarter worth $27,000. Ridgewood Investments LLC acquired a new position in Ford Motor in the second quarter valued at $28,000. Finally, Kimelman & Baird LLC purchased a new position in Ford Motor during the second quarter worth about $30,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.60%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor's payout ratio is currently 68.18%.

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.