Ford Motor (NYSE:F) Receives $10.50 Average Target Price from Brokerages

Shares of Ford Motor (NYSE:F) have been assigned a consensus recommendation of “Reduce” from the seventeen research firms that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $10.30.

Several brokerages have recently weighed in on F. Barclays lowered their price objective on shares of Ford Motor from $10.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Piper Sandler cut their price objective on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, March 20th. StockNews.com downgraded Ford Motor from a “hold” rating to a “sell” rating in a research report on Thursday, April 10th. TD Cowen assumed coverage on Ford Motor in a research note on Friday, March 7th. They issued a “hold” rating and a $10.00 price objective on the stock. Finally, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th.

Institutional Trading of Ford Motor

Several institutional investors have recently added to or reduced their stakes in F. Albion Financial Group UT grew its position in Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after purchasing an additional 1,000 shares during the period. Brighton Jones LLC lifted its stake in shares of Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock worth $195,000 after purchasing an additional 1,001 shares during the period. Angeles Wealth Management LLC boosted its holdings in shares of Ford Motor by 1.3% in the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock worth $799,000 after buying an additional 1,024 shares during the last quarter. Atlas Brown Inc. grew its position in shares of Ford Motor by 1.7% during the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock valued at $627,000 after acquiring an additional 1,047 shares during the period. Finally, Cornerstone Wealth Group LLC increased its position in Ford Motor by 10.6% in the fourth quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer’s stock worth $113,000 after buying an additional 1,098 shares in the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Down 0.4 %

Shares of NYSE F opened at $9.41 on Friday. The firm has a fifty day simple moving average of $9.58 and a two-hundred day simple moving average of $10.15. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm has a market capitalization of $37.30 billion, a PE ratio of 6.45, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Equities analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.38%. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

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.