Ford Motor Company (NYSE:F) Declares $0.15 Quarterly Dividend

Ford Motor Company (NYSE:F) declared a quarterly dividend on Thursday, October 23rd. Shareholders of record on Friday, November 7th will be given a dividend of 0.15 per share by the auto manufacturer on Monday, December 1st. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Friday, November 7th.

Ford Motor has a dividend payout ratio of 45.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Ford Motor to earn $1.54 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 39.0%.

Ford Motor Stock Down 1.0%

F stock opened at $12.31 on Friday. The stock’s fifty day simple moving average is $11.80 and its two-hundred day simple moving average is $11.01. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. Ford Motor has a 1-year low of $8.44 and a 1-year high of $12.80. The stock has a market cap of $48.99 billion, a P/E ratio of 15.78, a P/E/G ratio of 3.65 and a beta of 1.53.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.07. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The business had revenue of $50.53 billion for the quarter, compared to analysts’ expectations of $43.08 billion. During the same quarter in the previous year, the firm earned $0.49 earnings per share. The business’s revenue was up 9.4% on a year-over-year basis. Analysts expect that Ford Motor will post 1.47 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on F. Jefferies Financial Group raised Ford Motor from an “underperform” rating to a “hold” rating and boosted their price objective for the stock from $9.00 to $12.00 in a research report on Monday, October 6th. Royal Bank Of Canada upped their price target on Ford Motor from $10.00 to $11.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 5th. Barclays upped their price target on Ford Motor from $9.00 to $11.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. UBS Group upped their price target on Ford Motor from $11.00 to $12.50 and gave the company a “neutral” rating in a research report on Monday, October 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ford Motor in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus price target of $11.11.

Ford Motor Company Profile

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.