Ford Motor (F) To Go Ex-Dividend on February 18th

Ford Motor (NYSE:F) declared a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.15 per share by the auto manufacturer on Monday, March 3rd. This represents a $0.60 annualized dividend and a yield of 6.33%. The ex-dividend date of this dividend is Tuesday, February 18th.

Ford Motor has increased its dividend payment by an average of 44.2% per year over the last three years. Ford Motor has a payout ratio of 36.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Ford Motor to earn $1.67 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 35.9%.

Ford Motor Price Performance

Shares of NYSE:F opened at $9.48 on Friday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. Ford Motor has a 1-year low of $9.10 and a 1-year high of $14.85. The company has a market capitalization of $37.66 billion, a P/E ratio of 6.49, a P/E/G ratio of 1.80 and a beta of 1.63. The firm’s 50 day simple moving average is $9.92 and its two-hundred day simple moving average is $10.47.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating 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 1.7 EPS for the current fiscal year.

Analyst Ratings Changes

F has been the topic of several research reports. Wells Fargo & Company reduced their price target on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Evercore ISI reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Finally, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $11.89.

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.