Ford Motor (NYSE:F) Stock Price Up 0.3% – What’s Next?

Ford Motor (NYSE:F) shares were up 0.3% on Thursday . The stock traded as high as $11.11 and last traded at $11.07. Approximately 17,883,513 shares were traded during trading, a decline of 67% from the average daily volume of 53,766,379 shares. The stock had previously closed at $11.04.

Wall Street Analyst Weigh In

F has been the subject of several analyst reports. Wells Fargo & Company lowered their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Wolfe Research assumed coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a “peer perform” rating on the stock. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Sanford C. Bernstein downgraded shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research report on Thursday. Finally, Evercore ISI raised shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $12.02.

Ford Motor Trading Down 1.6 %

The stock has a market capitalization of $43.77 billion, a PE ratio of 12.58, a PEG ratio of 1.88 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 business’s 50-day moving average is $10.77 and its two-hundred day moving average is $11.59.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 earnings per share. On average, analysts predict that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.45%. Ford Motor’s payout ratio is currently 68.18%.

Institutional Trading of Ford Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Czech National Bank boosted its position in Ford Motor by 6.5% during the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after purchasing an additional 48,456 shares during the period. Claro Advisors LLC boosted its holdings in shares of Ford Motor by 333.6% during the third quarter. Claro Advisors LLC now owns 59,179 shares of the auto manufacturer’s stock valued at $625,000 after acquiring an additional 45,532 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Ford Motor by 1.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,349,276 shares of the auto manufacturer’s stock worth $71,039,000 after acquiring an additional 59,082 shares during the last quarter. 1834 Investment Advisors Co. boosted its stake in Ford Motor by 87.7% during the 3rd quarter. 1834 Investment Advisors Co. now owns 274,433 shares of the auto manufacturer’s stock valued at $2,898,000 after purchasing an additional 128,256 shares during the period. Finally, Intact Investment Management Inc. grew its position in Ford Motor by 22.1% in the 3rd quarter. Intact Investment Management Inc. now owns 619,600 shares of the auto manufacturer’s stock worth $6,543,000 after purchasing an additional 112,290 shares during the last quarter. Institutional investors own 58.74% of the company’s stock.

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.