Ford Motor (NYSE:F) Receives $11.83 Consensus Target Price from Brokerages

Shares of Ford Motor (NYSE:F) have earned a consensus rating of “Reduce” from the fourteen research firms that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $11.83.

A number of research analysts have recently weighed in on F shares. 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 report on Thursday, November 7th. Wells Fargo & Company decreased their target price 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. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Barclays cut their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently made changes to their positions in F. Quarry LP bought a new stake in Ford Motor during the second quarter valued at approximately $27,000. Kimelman & Baird LLC bought a new stake in shares of Ford Motor during the 2nd quarter worth $30,000. Reston Wealth Management LLC purchased a new position in Ford Motor in the third quarter worth $33,000. Access Investment Management LLC bought a new position in Ford Motor in the third quarter valued at $34,000. Finally, Modus Advisors LLC purchased a new stake in Ford Motor during the fourth quarter valued at about $34,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 2.4 %

F stock opened at $9.88 on Thursday. The stock has a market cap of $39.27 billion, a P/E ratio of 11.23, a P/E/G ratio of 1.90 and a beta of 1.64. 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 stock’s fifty day simple moving average is $10.55 and its two-hundred day simple moving average is $11.10. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly 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. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same period in the previous year, the firm earned $0.39 EPS. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. Analysts expect that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 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.