Ford Motor (NYSE:F) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Ford Motor (NYSE:F) released its quarterly earnings results on Wednesday. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04, Zacks reports. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%.

Ford Motor Trading Up 0.5 %

NYSE:F traded up $0.05 during mid-day trading on Friday, hitting $9.31. 87,346,069 shares of the company’s stock were exchanged, compared to its average volume of 78,384,938. The company has a 50 day simple moving average of $10.10 and a 200-day simple moving average of $10.60. Ford Motor has a fifty-two week low of $9.18 and a fifty-two week high of $14.85. The firm has a market capitalization of $36.98 billion, a P/E ratio of 10.57, a PEG ratio of 1.96 and a beta of 1.63. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 6.45%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s payout ratio is presently 68.18%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on F shares. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Wells Fargo & Company decreased their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Thursday. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Finally, Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Ford Motor presently has an average rating of “Hold” and a consensus target price of $11.96.

About Ford Motor

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.