Ford Earnings Preview: Analyst Expectations, Dividend Yield, and Stock Performance

Ford Motor Company is set to release its third-quarter earnings report after the market closes on Monday, October 28. Analysts anticipate that the company will announce earnings of 47 cents per share, an increase from 36 cents per share in the same period last year. Revenue is expected to be $41.88 billion, slightly up from $41.22 billion in the previous year.

The company’s stock has shown a moderately bullish trend, with the price currently trading at or above its eight-day, 20-day, and 50-day simple moving averages (SMAs). However, it faces challenges in breaking through higher resistance levels, as indicated by the 200-day SMA sitting at $11.86, above the current price of $11.07. The Relative Strength Index (RSI) of 55.35 suggests that Ford is approaching overbought territory, which could limit further gains and lead to a short-term pullback.

Investors are also eyeing the dividend yield, which currently stands at 5.42% annually, translating to a quarterly dividend of 15 cents per share or 60 cents annually. To generate $500 per month from Ford’s dividends, an investment of approximately $110,700, or about 10,000 shares, would be necessary. For a more conservative goal of $100 per month, an investment of around $41,805, or about 2,000 shares, would be required.

CEO Jim Farley recently shared his experience driving the Xiaomi SU7 electric vehicle, emphasizing the importance of firsthand experience in understanding and outpacing competitors. This insight comes as Ford continues to navigate the competitive electric vehicle market.

Analyst ratings remain positive, with a consensus Buy rating and an average price target of $13, implying a 16.28% upside from the current price. This optimism is despite the stock’s year-to-date decline of 8.96% and its recent struggles to maintain higher price levels).