$0.41 Earnings Per Share Expected for Ford Motor (F) This Quarter

Wall Street analysts forecast that Ford Motor (NYSE:F) will post earnings of $0.41 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Ford Motor’s earnings, with the lowest EPS estimate coming in at $0.37 and the highest estimate coming in at $0.49. Ford Motor posted earnings per share of $0.39 during the same quarter last year, which indicates a positive year-over-year growth rate of 5.1%. The business is expected to report its next quarterly 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 fiscal year, with EPS estimates ranging from $1.44 to $1.66. For the next financial year, analysts anticipate that the firm will post earnings of $1.50 per share, with EPS estimates ranging from $1.25 to $1.69. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that that provide coverage for Ford Motor.

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Ford Motor (NYSE:F) last released its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. The firm had revenue of $38.50 billion for the quarter, compared to analysts’ expectations of $36.96 billion. During the same quarter last year, the firm posted $0.30 EPS. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year.

Several analysts have commented on the stock. Susquehanna Bancshares set a $12.00 price target on shares of Ford Motor and gave the stock a “hold” rating in a research note on Wednesday, March 14th. ValuEngine cut shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Monday, February 5th. Nomura reduced their target price on shares of Ford Motor to $11.00 and set a “neutral” rating on the stock in a report on Thursday, February 1st. BMO Capital Markets restated a “hold” rating and issued a $11.00 target price on shares of Ford Motor in a report on Tuesday, March 6th. Finally, Royal Bank of Canada restated a “hold” rating and issued a $14.00 target price on shares of Ford Motor in a report on Wednesday, December 20th. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and six have assigned a buy rating to the company’s stock. Ford Motor presently has a consensus rating of “Hold” and an average price target of $12.42.

In other Ford Motor news, Director John C. Lechleiter purchased 5,000 shares of the stock in a transaction dated Friday, February 9th. The stock was purchased at an average price of $10.28 per share, with a total value of $51,400.00. Following the transaction, the director now owns 30,000 shares of the company’s stock, valued at $308,400. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Ashwani Kumar Galhotra sold 31,415 shares of the company’s stock in a transaction that occurred on Friday, March 2nd. The stock was 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. 0.95% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of F. Winslow Evans & Crocker Inc. lifted its position in Ford Motor by 136.1% during the fourth quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock valued at $106,000 after acquiring an additional 4,900 shares during the last quarter. Certified Advisory Corp purchased a new stake in Ford Motor during the fourth quarter valued at approximately $124,000. Cedar Capital LLC purchased a new stake in Ford Motor during the fourth quarter valued at approximately $126,000. Personal Capital Advisors Corp purchased a new stake in Ford Motor during the fourth quarter valued at approximately $128,000. Finally, Clearbridge Investments LLC lifted its position in Ford Motor by 91.3% during the fourth quarter. Clearbridge Investments LLC now owns 10,475 shares of the auto manufacturer’s stock valued at $129,000 after acquiring an additional 5,000 shares during the last quarter. 56.55% of the stock is owned by institutional investors.

Shares of F stock opened at $11.33 on Monday. The firm has a market capitalization of $44,819.40, a price-to-earnings ratio of 6.38, a P/E/G ratio of 0.68 and a beta of 1.05. Ford Motor has a 52 week low of $10.14 and a 52 week high of $13.48. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.12 and a current ratio of 1.23.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Friday, April 20th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, April 19th. This represents a $0.60 annualized dividend and a dividend yield of 5.30%. Ford Motor’s payout ratio is presently 33.71%.

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About Ford Motor

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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