Ford Yields Nearly 5%. GM Is Buying Back $20 Billion in Stock.

Impact · against what's priced in

The update is neutral for both stocks as the market has already priced in Ford's EV losses and flat growth, while GM's buyback strategy aligns with its current cautious valuation. Neither the dividend yield at Ford nor the share reduction at GM offers a catalyst that shifts the existing price assumptions.

F−0.10

Already priced in

The price assumes

The ongoing drag of electric vehicles remaining at roughly 5% of US sales

Ford's expected $4 billion EV loss this year reinforces the market's refusal to grant a premium for its electric transition.

What F's price assumes · Sep 3

• earnings▲4%
• dividends
• F
• GM
• automakers
• ev
• free cash flow
• income investing
• stock buybacks
• yield