A better-than-expected quarterly report from Ford Motor Company helped the company’s stock soar, while General Motors saw its price fall.
Aside from beating earnings expectations, Ford (ticker: F) also boosted full-year profit guidance, something GM failed to do. In another area, Ford had an advantage over GM. There was a return to the company’s quarterly dividend payments.
Does Ford pay a dividend in 2021?
This is a fall of 3.51 percent from the 52-week high of $20.51 and an increase of 134.76 percent from the 52-week low of $8.43 for F’s last trading day.
Capital goods corporations like Tesla, Inc. (TSLA) and Toyota Motor Corp. Ltd. (TM).
As a measure of a company’s performance, the current earnings per share (EPS) of F stands at $.7.
Zacks Investment Research estimates that F’s 2021 profits growth will be 348.37 percent, compared to the industry average of 10.1 percent..
Does Ford pay a dividend?
Even though Ford’s 15-cent-per-share dividend payment before the pandemic has been reduced, the firm has reinstated the payout earlier than analysts had predicted and at a greater rate. Levitt estimates that the 10-cent quarterly payout will cost Ford $400 million per quarter, or $1.6 billion annually.
Will Ford Start dividend again?
- A year and a half after stopping dividend payments during the early days of the Covid epidemic, Ford Motor Co. announced that it will resume normal dividend payments in the fourth quarter.
- Those stockholders of record at the close of business on Nov. 19 will receive a dividend of 10 cents per share for the fourth quarter, according to the corporation.
- It will cost around $400 million per quarter to pay the dividend, CFO John Lawler said.
How often are Ford dividends paid?
Expiration and payment of the dividend are likely to occur within three months. Ten cents was the last Ford Motor Co. dividend that went ex 19 days ago, and it was paid six days ago. The dividend cover is roughly 7.8 and there is normally one dividend each year (excluding specials).
How often does Ford stock pay dividends?
For the first time in a long time, the company resumed its quarterly dividend payments. Ford (F) announced earnings per share of 51 cents, $3 billion in operating profit, and $37.5 billion in sales after the market closed on Wednesday.
What is Ford’s stock expected to do?
Forecasts for the stock market For Ford Motor Company, the 19 analysts who provide 12-month price estimates have a consensus target of $20.00, with the highest estimate being $24,000 and the lowest estimate being $12,000, according to MarketBeat. An increase of +4.44 percent over the previous price of 19.15 is predicted for the median estimate.
What’s the highest Ford stock has been?
Fifty-nine years of stock price data for Ford Motor Company
- It is currently 8.6 percent above Ford’s current share price to reach a 52-week high of $20.79.
- Currently, Ford Motor’s share price is 56 percent below its 52-week low of 8.43.
What is a good price to buy Ford stock?
Ford’s stock currently trades at roughly $17.66 per share, which is right in line with the average analyst price estimate. Shares of Ford have had a wonderful year, thus analysts’ price forecasts are close to the stock’s current value. To date, the stock has gained more than 100% and has increased by 25% in the last month.
Is Ford a Buy Sell or Hold?
Hold is the consensus rating for Ford Motor. The average rating for the company is 2.44, based on 11 buy ratings, four hold ratings, and three sell recommendations.
