NASDAQ:GT - Goodyear Tire & Rubber Stock Price, Forecast & News

Goodyear Tire & Rubber trades on the NASDAQ under the ticker symbol "GT."

Goodyear Tire & Rubber announced a quarterly dividend on Wednesday, January 15th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.16 per share on Monday, March 2nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date is Friday, January 31st. View Goodyear Tire & Rubber's Dividend History.

Goodyear Tire & Rubber Co (NASDAQ:GT) posted its earnings results on Tuesday, February, 11th. The company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by $0.33. The company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.88 billion. Goodyear Tire & Rubber had a negative net margin of 2.11% and a positive return on equity of 5.15%. The business's quarterly revenue was down 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. View Goodyear Tire & Rubber's Earnings History.

Goodyear Tire & Rubber is scheduled to release their next quarterly earnings announcement on Friday, April 24th 2020. View Earnings Estimates for Goodyear Tire & Rubber.

9 equities research analysts have issued 12-month target prices for Goodyear Tire & Rubber's stock. Their forecasts range from $10.00 to $20.00. On average, they anticipate Goodyear Tire & Rubber's share price to reach $14.58 in the next year. This suggests a possible upside of 27.5% from the stock's current price. View Analyst Price Targets for Goodyear Tire & Rubber.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goodyear Tire & Rubber in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Goodyear Tire & Rubber.

News stories about GT stock have been trending very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Goodyear Tire & Rubber earned a daily sentiment score of -3.1 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Goodyear Tire & Rubber.

Goodyear Tire & Rubber saw a increase in short interest in January. As of January 31st, there was short interest totalling 9,970,000 shares, an increase of 15.0% from the January 15th total of 8,670,000 shares. Based on an average trading volume of 2,685,300 shares, the days-to-cover ratio is currently 3.7 days. Approximately 4.3% of the company's stock are short sold. View Goodyear Tire & Rubber's Current Options Chain.

Some companies that are related to Goodyear Tire & Rubber include LKQ (LKQ), AISIN SEIKI CO/ADR (ASEKY), Gentex (GNTX), Tata Motors (TTM), ISUZU MOTORS LT/ADR (ISUZY), Lear (LEA), Dongfeng Motor Group (DNFGY), BorgWarner (BWA), VALEO/S (VLEEY), WABCO (WBC), AUTO TRADER GRP/ADR (ATDRY), Autoliv (ALV), IAA (IAA), Yamaha Motor (YAMHF) and Hino Motors (HINOY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Goodyear Tire & Rubber investors own include General Electric (GE), AT&T (T), Ford Motor (F), Intel (INTC), The Coca-Cola (KO), Altria Group (MO), Exxon Mobil (XOM), Bank of America (BAC), Walt Disney (DIS) and Johnson & Johnson (JNJ).

Goodyear Tire & Rubber's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Hotchkis & Wiley Capital Management LLC (4.86%), LSV Asset Management (4.59%), Lyrical Asset Management LP (4.02%), State Street Corp (2.71%), Bank of New York Mellon Corp (1.45%) and Newport Trust Co (1.43%). View Institutional Ownership Trends for Goodyear Tire & Rubber.

GT stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Bank of New York Mellon Corp, AQR Capital Management LLC, Goldman Sachs Group Inc., Russell Investments Group Ltd., Connor Clark & Lunn Investment Management Ltd., Robeco Institutional Asset Management B.V. and Letko Brosseau & Associates Inc.. View Insider Buying and Selling for Goodyear Tire & Rubber.

GT stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Lyrical Asset Management LP, MUFG Securities EMEA plc, State Street Corp, Hotchkis & Wiley Capital Management LLC, Cipher Capital LP, Dupont Capital Management Corp and Principal Financial Group Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of GT stock can currently be purchased for approximately $11.44.

Goodyear Tire & Rubber has a market capitalization of $2.66 billion and generates $14.75 billion in revenue each year. The company earns $-311,000,000.00 in net income (profit) each year or $1.08 on an earnings per share basis. Goodyear Tire & Rubber employs 63,000 workers across the globe.View Additional Information About Goodyear Tire & Rubber.

The official website for Goodyear Tire & Rubber is http://www.goodyear.com/.

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]