Analysts Expect Ford Motor (F) Will Announce Earnings of $0.40 Per Share
Wall Street analysts expect that Ford Motor (NYSE:F) will announce earnings of $0.40 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Ford Motor’s earnings. The lowest EPS estimate is $0.37 and the highest is $0.43. Ford Motor posted earnings per share of $0.39 during the same quarter last year, which would indicate a positive year over year growth rate of 2.6%. The business is scheduled to report its next earnings results on Thursday, April 26th.
According to Zacks, analysts expect that Ford Motor will report full-year earnings of $1.49 per share for the current financial year, with EPS estimates ranging from $1.00 to $1.66. For the next financial year, analysts expect that the firm will post earnings of $1.45 per share, with EPS estimates ranging from $0.92 to $1.75. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Ford Motor.
Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.03). Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. The company had revenue of $38.50 billion for the quarter, compared to the consensus estimate of $36.96 billion. During the same period in the prior year, the firm posted $0.30 EPS. The business’s revenue for the quarter was up 6.9% on a year-over-year basis.
Shares of Ford Motor (F) traded up $0.10 during trading on Wednesday, hitting $10.53. The stock had a trading volume of 72,027,810 shares, compared to its average volume of 56,160,000. Ford Motor has a fifty-two week low of $10.19 and a fifty-two week high of $13.48. The stock has a market capitalization of $42,230.00, a P/E ratio of 5.54, a price-to-earnings-growth ratio of 0.63 and a beta of 1.14. The company has a quick ratio of 1.12, a current ratio of 1.23 and a debt-to-equity ratio of 2.94.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Tuesday, January 30th will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, January 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.70%. Ford Motor’s dividend payout ratio is currently 31.58%.
In other Ford Motor news, insider Hau N. Thai-Tang sold 18,000 shares of the company’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $13.00, for a total transaction of $234,000.00. Following the sale, the insider now directly owns 14,358 shares in the company, valued at $186,654. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Steven R. Armstrong sold 10,752 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the sale, the insider now owns 101,159 shares in the company, valued at $1,246,278.88. The disclosure for this sale can be found here. Insiders sold 47,752 shares of company stock worth $603,965 over the last quarter. 1.08% of the stock is owned by company insiders.
Hedge funds have recently modified their holdings of the business. Balentine LLC raised its position in Ford Motor by 4.0% during the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 365 shares during the period. Winslow Evans & Crocker Inc. raised 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 purchasing an additional 4,900 shares during the period. Brighton Jones LLC grew its stake in shares of Ford Motor by 40.3% during the third quarter. Brighton Jones LLC now owns 19,225 shares of the auto manufacturer’s stock valued at $119,000 after buying an additional 5,518 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in shares of Ford Motor during the third quarter valued at approximately $124,000. Finally, Colony Group LLC bought a new position in shares of Ford Motor during the second quarter valued at approximately $125,000. Institutional investors and hedge funds own 54.10% of the company’s stock.
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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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