Brokerages Expect Ford Motor Company (NYSE:F) Will Post Earnings of $0.44 Per Share

Wall Street brokerages forecast that Ford Motor Company (NYSE:F) will announce earnings of $0.44 per share for the current quarter, Zacks reports. Five analysts have provided estimates for Ford Motor’s earnings. The lowest EPS estimate is $0.38 and the highest is $0.50. Ford Motor posted earnings per share of $0.52 during the same quarter last year, which would suggest a negative year-over-year growth rate of 15.4%. The firm is scheduled to report its next quarterly earnings report before the market opens on Wednesday, July 26th.

According to Zacks, 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 $1.43 to $1.63. For the next year, analysts forecast that the company will report earnings of $1.54 per share, with EPS estimates ranging from $0.95 to $1.82. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that that provide coverage for Ford Motor.

Ford Motor (NYSE:F) last issued its earnings results on Thursday, April 27th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.05. The firm had revenue of $36.48 billion for the quarter, compared to analyst estimates of $34.62 billion. Ford Motor had a return on equity of 19.36% and a net margin of 2.48%. The business’s revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.68 earnings per share.

F has been the topic of a number of recent analyst reports. Berenberg Bank set a $10.00 price target on Ford Motor and gave the company a “sell” rating in a report on Monday, June 12th. Royal Bank Of Canada reissued a “buy” rating and set a $14.00 price target on shares of Ford Motor in a report on Friday, May 5th. Jefferies Group LLC reissued a “hold” rating and set a $12.00 price target on shares of Ford Motor in a report on Monday, May 22nd. Vetr cut Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.78 price target on the stock. in a report on Tuesday, July 4th. Finally, ValuEngine cut Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, June 17th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $13.43.

Shares of Ford Motor (NYSE:F) traded up 0.18% during mid-day trading on Thursday, hitting $11.31. The company’s stock had a trading volume of 23,536,406 shares. The company has a market cap of $45.04 billion, a price-to-earnings ratio of 12.04 and a beta of 1.11. The stock’s 50 day moving average price is $11.31 and its 200 day moving average price is $11.74. Ford Motor has a 52-week low of $10.67 and a 52-week high of $13.99. Ford Motor also was the recipient of some unusual options trading on Monday. Stock traders acquired 17,842 put options on the stock. This is an increase of 122% compared to the average volume of 8,031 put options.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, July 24th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, July 20th. This represents a $0.60 annualized dividend and a dividend yield of 5.31%. Ford Motor’s dividend payout ratio (DPR) is presently 64.52%.

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In other Ford Motor news, insider James D. Farley, Jr. sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $11.16, for a total transaction of $279,000.00. Following the completion of the transaction, the insider now owns 428,411 shares in the company, valued at $4,781,066.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.08% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Advisor Partners LLC raised its position in shares of Ford Motor by 6.3% in the first quarter. Advisor Partners LLC now owns 31,086 shares of the auto manufacturer’s stock valued at $362,000 after buying an additional 1,840 shares during the period. Acadian Asset Management LLC raised its position in shares of Ford Motor by 130.3% in the first quarter. Acadian Asset Management LLC now owns 38,664 shares of the auto manufacturer’s stock valued at $450,000 after buying an additional 21,879 shares during the period. Camelot Portfolios LLC raised its position in shares of Ford Motor by 16.0% in the first quarter. Camelot Portfolios LLC now owns 248,731 shares of the auto manufacturer’s stock valued at $2,895,000 after buying an additional 34,317 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft MBH raised its position in shares of Ford Motor by 133.0% in the first quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 584,761 shares of the auto manufacturer’s stock valued at $6,805,000 after buying an additional 333,821 shares during the period. Finally, State Treasurer State of Michigan raised its position in shares of Ford Motor by 0.5% in the first quarter. State Treasurer State of Michigan now owns 1,282,190 shares of the auto manufacturer’s stock valued at $14,925,000 after buying an additional 5,800 shares during the period. Institutional investors and hedge funds own 55.50% of the company’s stock.

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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