Ford Motor Co. (NYSE:F) – Equities researchers at Jefferies Group decreased their FY2017 earnings per share (EPS) estimates for shares of Ford Motor in a report released on Thursday. Jefferies Group analyst P. Houchois now anticipates that the brokerage will post earnings per share of $1.73 for the year, down from their previous estimate of $1.78. Jefferies Group has a “Sell” rating and a $10.00 price target on the stock. Jefferies Group also issued estimates for Ford Motor’s FY2018 earnings at $1.76 EPS and FY2020 earnings at $1.91 EPS.

Several other equities research analysts also recently issued reports on the stock. Morgan Stanley reissued an “overweight” rating and set a $12.00 price objective on shares of Ford Motor in a research report on Monday, October 24th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Ford Motor in a research report on Monday, September 12th. Vetr raised shares of Ford Motor from a “buy” rating to a “strong-buy” rating and set a $13.52 price objective for the company in a research report on Tuesday, November 15th. Goldman Sachs Group Inc. reissued a “neutral” rating and set a $12.00 price objective (down previously from $13.00) on shares of Ford Motor in a research report on Saturday, October 8th. Finally, Seaport Global Securities assumed coverage on shares of Ford Motor in a research report on Tuesday, August 9th. They set a “buy” rating and a $20.00 price objective for the company. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Ford Motor has an average rating of “Hold” and a consensus target price of $13.77.

Earnings History and Estimates for Ford Motor (NYSE:F)

Ford Motor (NYSE:F) traded up 0.378% during midday trading on Monday, hitting $11.935. The stock had a trading volume of 6,675,437 shares. The company has a market cap of $47.43 billion, a PE ratio of 6.594 and a beta of 1.12. Ford Motor has a 52 week low of $11.02 and a 52 week high of $14.68. The stock’s 50 day moving average price is $11.89 and its 200-day moving average price is $12.57.

Ford Motor (NYSE:F) last released its quarterly earnings results on Thursday, October 27th. The auto manufacturer reported $0.26 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.06. The company had revenue of $35.90 billion for the quarter, compared to analysts’ expectations of $32.70 billion. Ford Motor had a return on equity of 26.97% and a net margin of 4.80%. The business’s revenue for the quarter was down 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 earnings per share.

Several large investors have recently made changes to their positions in F. Cambridge Advisors Inc. raised its stake in Ford Motor by 0.4% in the third quarter. Cambridge Advisors Inc. now owns 11,852 shares of the auto manufacturer’s stock worth $143,000 after buying an additional 46 shares during the last quarter. VNBTrust National Association raised its stake in Ford Motor by 0.4% in the second quarter. VNBTrust National Association now owns 13,175 shares of the auto manufacturer’s stock worth $166,000 after buying an additional 50 shares during the last quarter. Boston Common Asset Management LLC raised its stake in Ford Motor by 0.3% in the second quarter. Boston Common Asset Management LLC now owns 24,972 shares of the auto manufacturer’s stock worth $314,000 after buying an additional 65 shares during the last quarter. Jacobi Capital Management LLC raised its stake in Ford Motor by 0.6% in the third quarter. Jacobi Capital Management LLC now owns 10,506 shares of the auto manufacturer’s stock worth $128,000 after buying an additional 65 shares during the last quarter. Finally, RiverPoint Capital Management LLC raised its stake in Ford Motor by 0.4% in the second quarter. RiverPoint Capital Management LLC now owns 18,989 shares of the auto manufacturer’s stock worth $239,000 after buying an additional 67 shares during the last quarter. 55.22% of the stock is currently owned by institutional investors.

In related news, insider Ziad S. Ojakli sold 10,000 shares of Ford Motor stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $11.86, for a total transaction of $118,600.00. Following the sale, the insider now directly owns 503,246 shares of the company’s stock, valued at approximately $5,968,497.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Sankar S. Nair sold 82,000 shares of Ford Motor stock in a transaction that occurred on Tuesday, October 4th. The shares were sold at an average price of $12.11, for a total transaction of $993,020.00. Following the sale, the insider now directly owns 32,969 shares in the company, valued at $399,254.59. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.05%. The ex-dividend date of this dividend is Tuesday, October 25th. Ford Motor’s dividend payout ratio (DPR) is presently 33.15%.

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About Ford Motor

Ford Motor Company (Ford) is a global automotive and mobility company. The Company’s principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles. The Company operates in two sectors: Automotive and Financial Services.

5 Day Chart for NYSE:F

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