"Ford Motor Company's stock gained 8.25% in the past month, rising almost 30% since April 8, with a current yield of 5.32% for dividends."
"The company reported Q1 earnings with EPS of 14 cents, surpassing an estimate of 1 cent, and expects to achieve over $1 billion in cost reductions by 2025."
Ford Motor Company's stock gained 8.25% over the past month, increasing nearly 30% since April 8. Year-to-date, the stock is up 16.95%, but down 22.06% in the past year. The company maintains a 5.32% dividend yield. On May 5, Ford announced Q1 earnings with an EPS of 14 cents, beating expectations. The company targets over $1 billion in net cost reductions by 2025. Ford's brand remains significant in the automotive industry, with strong cash flow and customer loyalty aiding its market stability.
Read at 24/7 Wall St.
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