Ford Motor (NYSE:F) Short Interest Update

Ford Motor (NYSE:F) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 94,090,000 shares, a drop of 6.4% from the November 15th total of 100,500,000 shares. Based on an average daily volume of 52,990,000 shares, the short-interest ratio is currently 1.8 days. Approximately 2.4% of the company’s stock are short sold.

Ford Motor Trading Down 0.3 %

Shares of F stock opened at $9.97 on Wednesday. The company’s 50-day moving average price is $10.83 and its 200-day moving average price is $11.28. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The stock has a market cap of $39.60 billion, a price-to-earnings ratio of 11.32, a PEG ratio of 1.90 and a beta of 1.62. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter in the previous year, the company posted $0.39 EPS. The company’s revenue was up 5.5% compared to the same quarter last year. As a group, equities analysts predict that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were given a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 6.02%. Ford Motor’s payout ratio is currently 68.18%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on F shares. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research note on Thursday, November 7th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Barclays cut their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their price target for the stock from $12.00 to $9.00 in a report on Monday. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.83.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of F. Family Firm Inc. purchased a new stake in Ford Motor during the second quarter worth about $26,000. Quarry LP purchased a new stake in shares of Ford Motor during the second quarter worth approximately $27,000. Ridgewood Investments LLC purchased a new stake in shares of Ford Motor during the second quarter worth approximately $28,000. Kimelman & Baird LLC purchased a new stake in shares of Ford Motor during the second quarter worth approximately $30,000. Finally, Reston Wealth Management LLC purchased a new stake in shares of Ford Motor during the third quarter worth approximately $33,000. 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.