When are earnings reported? Also does anybody think ford will ever buy back stock?? Seems like that would help send ford to 30 plus.They have too many shares? Next div. raise??? If any. End of year price 19.75...Any body else price predictions??? Thank all!! Wish someone like icon would raid ford to force there hand on some items to get there stock price up.
Ford's CFO stated in a video that Ford is now in a position where they like how much operating cash they have on hand. They are not able to buy back stock at this time, but when there is cash available to do so that is something they want to look at doing.
In my own opinion, now that Ford has invested heavily in China, and also made investments for South America, their unusual big money spending projects are done (financed). With sales said to possibly hit 16 million in the US this year, and continued increased sales after that, I can see Ford looking to buy back shares probably late 2014, maybe 2015 before they do so, so don't expect anything real soon. This is just my guess if I had to guess.
Yahoo lists 7/24 for earnings reporting. Ford has re-purchased shares in the past. They might do it again. But I think raising the dividend is the more likely next step to reward stockholders. For one thing, the Ford family gets more benefit from that, since they generally hold the bulk of their shares rather than selling them.