NASDAQ:GT - Goodyear Tire & Rubber Stock Price, News, Headlines & Rumors Sign in or create an account to add this stock to your watchlist. Get Started $23.37 -0.19 (-0.81 %) (As of 08/15/2018 04:00 PM ET)Previous Close$23.56Today's Range$23.12 - $23.5252-Week Range$20.75 - $36.07Volume2.81 million shsAverage Volume3.12 million shsMarket Capitalization$5.75 billionP/E Ratio7.49Dividend Yield2.38%Beta1.65 Company ProfileAnalyst RatingsChartDividend HistoryEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of rubber tires for automobiles, trucks, buses, aircrafts, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; manufactures and markets rubber-related chemicals; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services, as well as sells natural rubber products. In addition, it operates approximately 1,000 tire and auto service center outlets that offer products for retail sale. The company sells its products through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was founded in 1898 and is headquartered in Akron, Ohio. Receive GT News and Ratings via Email Sign-up to receive the latest news and ratings for GT and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Tires & inner tubes Sub-IndustryTires & Rubber SectorAuto/Tires/Trucks SymbolNASDAQ:GT CUSIP38255010 Webwww.goodyear.com Phone330-796-2121 Debt Debt-to-Equity Ratio1.18 Current Ratio1.36 Quick Ratio0.75 Price-To-Earnings Trailing P/E Ratio7.49 Forward P/E Ratio7.37 P/E GrowthN/A Sales & Book Value Annual Sales$15.38 billion Price / Sales0.36 Cash Flow$6.2154 per share Price / Cash3.76 Book Value$19.69 per share Price / Book1.19 Profitability EPS (Most Recent Fiscal Year)$3.12 Net Income$346 million Net Margins1.69% Return on Equity14.04% Return on Assets3.97% Miscellaneous Employees64,000 Outstanding Shares237,020,000Market Cap$5.75 billion Goodyear Tire & Rubber (NASDAQ:GT) Frequently Asked Questions What is Goodyear Tire & Rubber's stock symbol? Goodyear Tire & Rubber trades on the NASDAQ under the ticker symbol "GT." How often does Goodyear Tire & Rubber pay dividends? What is the dividend yield for Goodyear Tire & Rubber? Goodyear Tire & Rubber announced a quarterly dividend on Monday, July 16th. Stockholders of record on Wednesday, August 1st will be paid a dividend of $0.14 per share on Tuesday, September 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date is Tuesday, July 31st. View Goodyear Tire & Rubber's Dividend History. How will Goodyear Tire & Rubber's stock buyback program work? Goodyear Tire & Rubber declared that its board has initiated a share repurchase program on Thursday, April 6th 2017, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 11.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued. How were Goodyear Tire & Rubber's earnings last quarter? Goodyear Tire & Rubber Co (NASDAQ:GT) released its earnings results on Friday, July, 27th. The company reported $0.62 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.06. The firm had revenue of $3.84 billion for the quarter, compared to analysts' expectations of $3.85 billion. Goodyear Tire & Rubber had a net margin of 1.69% and a return on equity of 14.04%. Goodyear Tire & Rubber's revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.70 EPS. View Goodyear Tire & Rubber's Earnings History. When is Goodyear Tire & Rubber's next earnings date? Goodyear Tire & Rubber is scheduled to release their next quarterly earnings announcement on Friday, October, 26th 2018. View Earnings Estimates for Goodyear Tire & Rubber. What price target have analysts set for GT? 10 analysts have issued 1 year price objectives for Goodyear Tire & Rubber's stock. Their forecasts range from $21.00 to $37.00. On average, they expect Goodyear Tire & Rubber's stock price to reach $28.7143 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Price Targets for Goodyear Tire & Rubber. What is the consensus analysts' recommendation for Goodyear Tire & Rubber? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goodyear Tire & Rubber in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Goodyear Tire & Rubber. What are Wall Street analysts saying about Goodyear Tire & Rubber stock? Here are some recent quotes from research analysts about Goodyear Tire & Rubber stock: 1. Longbow Research analysts commented, "GT is trading at 6.6x FY2 EPS estimates, below the company’s 5-year average forward P/E of 7.7x. EV/EBITDA basis, GT trades at 4.9x, which compares to the company’s 5-year average of 4.9x." (8/13/2018) 2. According to Zacks Investment Research, "Goodyear is anticipated to benefit from the establishment of TireHub with Bridgestone, allowing the former to operate more closely with customers and providing an improved brand experience. For fiscal 2018, the company has provided a positive outlook primarily due to improved volume sales in the United States & Europe, increased sales in other tire-related businesses and enhanced price mix. Further, a strengthening balance sheet enables the company to boost shareholder value by paying regular dividends and repurchasing common shares." (7/11/2018) Are investors shorting Goodyear Tire & Rubber? Goodyear Tire & Rubber saw a drop in short interest in the month of July. As of July 13th, there was short interest totalling 14,747,923 shares, a drop of 7.8% from the June 29th total of 16,002,216 shares. Based on an average daily volume of 2,528,214 shares, the short-interest ratio is currently 5.8 days. Approximately 6.2% of the shares of the company are short sold. View Goodyear Tire & Rubber's Current Options Chain. Who are some of Goodyear Tire & Rubber's key competitors? Some companies that are related to Goodyear Tire & Rubber include SUBARU CORP/ADR (FUJHY), Ferrari (RACE), MICHELIN COMPAG/ADR (MGDDY), PACCAR (PCAR), GEELY AUTOMOBIL/ADR (GELYY), Magna International (MGA), CNH Industrial (CNHI), Genuine Parts (GPC), AISIN SEIKI Co/ADR (ASEKY), ISUZU MOTORS Lt/ADR (ISUZY), Tata Motors (TTM), VALEO/S (VLEEY), Lear (LEA), LKQ (LKQ) and GKN PLC/S (GKNLY). Who are Goodyear Tire & Rubber's key executives? Goodyear Tire & Rubber's management team includes the folowing people: Mr. Richard J. Kramer, Chairman, CEO & Pres (Age 54)Ms. Laura K. Thompson, CFO & Exec. VP (Age 54)Mr. David L. Bialosky, Sr. VP, Gen. Counsel & Sec. (Age 60)Mr. Stephen R. McClellan, Pres of Americas (Age 52)Mr. Christopher Raymond Delaney, Pres of Europe, Middle East & Africa Bus. Unit (Age 57) Has Goodyear Tire & Rubber been receiving favorable news coverage? Press coverage about GT stock has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Goodyear Tire & Rubber earned a news impact score of 0.09 on Accern's scale. They also assigned media coverage about the company an impact score of 47.04 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Goodyear Tire & Rubber. Who are Goodyear Tire & Rubber's major shareholders? Goodyear Tire & Rubber's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.44%), LSV Asset Management (4.79%), Diamond Hill Capital Management Inc. (3.47%), Dimensional Fund Advisors LP (2.91%), Sound Shore Management Inc. CT (2.45%) and Levin Capital Strategies L.P. (1.58%). Company insiders that own Goodyear Tire & Rubber stock include Jean Claude Kihn, Richard J Noechel and Stephen R Mcclellan. View Institutional Ownership Trends for Goodyear Tire & Rubber. Which major investors are selling Goodyear Tire & Rubber stock? GT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Massachusetts Financial Services Co. MA, Morgan Stanley, Public Employees Retirement Association of Colorado, FMR LLC, Legal & General Group Plc, First Trust Advisors LP and Quantum Capital Management. Company insiders that have sold Goodyear Tire & Rubber company stock in the last year include Jean Claude Kihn and Stephen R Mcclellan. View Insider Buying and Selling for Goodyear Tire & Rubber. Which major investors are buying Goodyear Tire & Rubber stock? GT stock was bought by a variety of institutional investors in the last quarter, including Levin Capital Strategies L.P., Sound Shore Management Inc. CT, Russell Investments Group Ltd., Diamond Hill Capital Management Inc., Portolan Capital Management LLC, Canada Pension Plan Investment Board, Towle & Co. and Dimensional Fund Advisors LP. View Insider Buying and Selling for Goodyear Tire & Rubber. How do I buy shares of Goodyear Tire & Rubber? Shares of GT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Goodyear Tire & Rubber's stock price today? One share of GT stock can currently be purchased for approximately $23.37. How big of a company is Goodyear Tire & Rubber? Goodyear Tire & Rubber has a market capitalization of $5.75 billion and generates $15.38 billion in revenue each year. The company earns $346 million in net income (profit) each year or $3.12 on an earnings per share basis. Goodyear Tire & Rubber employs 64,000 workers across the globe. How can I contact Goodyear Tire & Rubber? Goodyear Tire & Rubber's mailing address is 200 INNOVATION WAY, AKRON OH, 44316. The company can be reached via phone at 330-796-2121 or via email at [email protected] MarketBeat Community Rating for Goodyear Tire & Rubber (NASDAQ GT)Community Ranking: 3.0 out of 5 ( )Outperform Votes: 411 (Vote Outperform)Underperform Votes: 280 (Vote Underperform)Total Votes: 691MarketBeat's community ratings are surveys of what our community members think about Goodyear Tire & Rubber and other stocks. Vote "Outperform" if you believe GT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GT will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 8/15/2018 by MarketBeat.com StaffFeatured Article: Are Wall Street analysts' stock ratings worth following?