JP Morgan Reaffirms Overweight Rating for Ford Motor Company

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On July 28, 2023, JP Morgan maintained an Overweight recommendation for Ford Motor Company (NYSE:F). The firm projects a one-year price target of $13.88, indicating a potential upside of 4.71% from the latest closing price of $13.26.

Ford Motor has declared a regular quarterly dividend of $0.15 per share, which will be paid on September 1, 2023, to shareholders of record as of July 25, 2023. This monthly dividend results in an annual yield of 4.52% based on the current share price.

As of the last quarter, Ford has 2,237,553K shares owned by institutions, reflecting a 4.75% increase. However, the number of funds reporting positions decreased by 1.47% to 2,344.

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