Analysts expect Ford Motor (NYSE:F) to announce earnings of $0.41 per share for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Ford Motor’s earnings. The lowest EPS estimate is $0.37 and the highest is $0.49. Ford Motor posted earnings of $0.39 per share in the same quarter last year, which would suggest a positive year over year growth rate of 5.1%. The firm is expected to report its next earnings report after the market closes on Wednesday, April 25th.
On average, analysts expect that Ford Motor will report full-year earnings of $1.55 per share for the current financial year, with EPS estimates ranging from $1.44 to $1.66. For the next financial year, analysts expect that the firm will post earnings of $1.51 per share, with EPS estimates ranging from $1.25 to $1.73. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Ford Motor.
Ford Motor (NYSE:F) last issued its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The company had revenue of $38.50 billion during the quarter, compared to analyst estimates of $36.96 billion. Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.30 EPS.
In other news, Director John C. Lechleiter purchased 5,000 shares of Ford Motor stock in a transaction that occurred on Friday, February 9th. The stock was acquired at an average price of $10.28 per share, for a total transaction of $51,400.00. Following the transaction, the director now owns 30,000 shares in the company, valued at $308,400. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ashwani Kumar Galhotra sold 31,415 shares of the company’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $10.34, for a total transaction of $324,831.10. The disclosure for this sale can be found here. Company insiders own 0.95% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its position in Ford Motor by 11.7% in the 4th quarter. Geode Capital Management LLC now owns 43,141,934 shares of the auto manufacturer’s stock worth $537,773,000 after buying an additional 4,529,998 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Ford Motor by 7.2% in the 4th quarter. Bank of New York Mellon Corp now owns 38,411,102 shares of the auto manufacturer’s stock worth $479,755,000 after buying an additional 2,594,016 shares in the last quarter. Pzena Investment Management LLC lifted its position in Ford Motor by 1.8% in the 4th quarter. Pzena Investment Management LLC now owns 25,856,377 shares of the auto manufacturer’s stock worth $322,946,000 after buying an additional 446,561 shares in the last quarter. LSV Asset Management lifted its position in Ford Motor by 1.6% in the 4th quarter. LSV Asset Management now owns 23,496,850 shares of the auto manufacturer’s stock worth $293,475,000 after buying an additional 364,500 shares in the last quarter. Finally, TIAA CREF Investment Management LLC lifted its position in Ford Motor by 18.3% in the 4th quarter. TIAA CREF Investment Management LLC now owns 16,340,478 shares of the auto manufacturer’s stock worth $204,093,000 after buying an additional 2,523,592 shares in the last quarter. Institutional investors own 56.55% of the company’s stock.
F opened at $11.33 on Monday. The stock has a market cap of $45,216.73, a P/E ratio of 6.37, a price-to-earnings-growth ratio of 0.69 and a beta of 1.05. Ford Motor has a fifty-two week low of $10.14 and a fifty-two week high of $13.48. The company has a current ratio of 1.23, a quick ratio of 1.12 and a debt-to-equity ratio of 2.94.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Friday, April 20th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date is Thursday, April 19th. Ford Motor’s payout ratio is 33.71%.
Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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