Ford Stock Is Rising: Here’s Why

Ford Motor Company (NYSE: F) shares are trading higher by 3.55% to $15.21 Monday afternoon. Movement may be due to continued strength following last week's earnings report.

Ford Motor Company (NYSE:F) shares are trading higher by 3.55% to $15.21 Monday afternoon. Movement may be due to continued strength following last week’s earnings report.

Ford last week reported quarterly earnings of 68 cents per share which beat the analyst consensus estimate of 45 cents. Automotive sales of $37.91 billion beat the analyst consensus estimate of $34.32 billion. Total company revenue was $40.2 billion in the quarter.

The company’s quarterly dividend is now $0.15/share, up from the previous dividend of $0.10/share… Read More

See Also: Royal Caribbean Group Shares Are Falling: What’s Happening?

According to data from Benzinga Pro, Ford has a 52-week high of $25.87 and a 52-week low of $10.61.

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