Analysts Set Ford Motor (NYSE:F) Price Target at $10.50

Ford Motor (NYSE:F) has been given a consensus rating of “Reduce” by the seventeen ratings firms that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $10.50.

Several equities research analysts have commented on the stock. Bank of America dropped their price target on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating on the stock in a research note on Thursday, February 6th. UBS Group reduced their price target on shares of Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. The Goldman Sachs Group restated a “neutral” rating and issued a $9.00 target price (down from $11.00) on shares of Ford Motor in a research report on Thursday, April 10th. Finally, TD Cowen began 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.

Ford Motor Stock Performance

Ford Motor stock opened at $9.73 on Friday. The company has a market cap of $38.56 billion, a PE ratio of 6.66, a P/E/G ratio of 0.61 and a beta of 1.41. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The company has a fifty day moving average price of $9.57 and a two-hundred day moving average price of $10.16. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

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

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.17%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Institutional Trading of Ford Motor

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock worth $3,980,630,000 after purchasing an additional 57,182,803 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Ford Motor by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 129,106,379 shares of the auto manufacturer’s stock valued at $1,278,153,000 after acquiring an additional 6,497,321 shares in the last quarter. Geode Capital Management LLC lifted its stake in Ford Motor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer’s stock valued at $830,662,000 after acquiring an additional 2,089,127 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Ford Motor by 11.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer’s stock worth $460,444,000 after acquiring an additional 4,925,993 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Ford Motor during the 4th quarter worth $387,282,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

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.