The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. The company 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. It also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,100 tire and auto-service center outlets, which offer products for retail sale, and provides automotive repair and other services. The company sells its products worldwide 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.
Industry, Sector and Symbol
Industry Tires & inner tubes
Sub-IndustryTires & Rubber
SectorAuto/Tires/Trucks
Phone330-796-2121
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$15.48 billion
Profitability
Miscellaneous
Employees64,000
Next Earnings Date7/26/2019 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Tuesday, April 9th. Investors of record on Wednesday, May 1st will be given a dividend of $0.16 per share on Monday, June 3rd. This represents a $0.64 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Tuesday, April 30th. View Goodyear Tire & Rubber's Dividend History.
How were Goodyear Tire & Rubber's earnings last quarter?
Goodyear Tire & Rubber Co (NASDAQ:GT) announced its quarterly earnings data on Friday, April, 26th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.14. The firm had revenue of $3.60 billion for the quarter, compared to analysts' expectations of $3.74 billion. Goodyear Tire & Rubber had a return on equity of 9.59% and a net margin of 3.65%. The company's quarterly revenue was down 6.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.50 EPS. View Goodyear Tire & Rubber's Earnings History.
When is Goodyear Tire & Rubber's next earnings date?
What price target have analysts set for GT?
12 Wall Street analysts have issued 12 month target prices for Goodyear Tire & Rubber's stock. Their forecasts range from $14.00 to $26.00. On average, they anticipate Goodyear Tire & Rubber's stock price to reach $20.3663 in the next twelve months. This suggests a possible upside of 39.7% from the stock's current price. View Analyst Price Targets for Goodyear Tire & Rubber.
What is the consensus analysts' recommendation for Goodyear Tire & Rubber?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goodyear Tire & Rubber in the last year. There are currently 2 sell ratings, 7 hold ratings and 3 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. According to Zacks Investment Research, "In first-quarter 2019, Goodyear’s earnings and revenues beat the Zacks Consensus Estimates. The company regularly launches innovative products and services to boost sales, and remain competitive in the market. The company is also working on an intelligent tire prototype that will facilitate fleet operators to communicate in real-time via a mobile application. Also, the planned establishment of TireHub is benefiting Goodyear. Moreover, the company is trying to boost shareholder value and strengthen the balance sheet. However, it has been struggling with softening market conditions in China, economic volatility in Brazil and rise in raw material costs. Unfavorable foreign currency translation is another headwind for this tire supplier." (5/1/2019)
- 2. 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)
Has Goodyear Tire & Rubber been receiving favorable news coverage?
Media coverage about GT stock has trended somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Goodyear Tire & Rubber earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future.
Are investors shorting Goodyear Tire & Rubber?
Goodyear Tire & Rubber saw a increase in short interest in the month of April. As of April 30th, there was short interest totalling 11,275,472 shares, an increase of 25.0% from the April 15th total of 9,019,999 shares. Based on an average daily volume of 2,710,180 shares, the days-to-cover ratio is currently 4.2 days. Currently, 4.9% of the shares of the company are sold short. 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 CNH Industrial (CNHI), WEICHAI PWR CO/ADR (WEICY), AISIN SEIKI CO/ADR (ASEKY), Tata Motors (TTM), LKQ (LKQ), Lear (LEA), BorgWarner (BWA), AUTO TRADER GRP/ADR (ATDRY), VALEO/S (VLEEY), WABCO (WBC), MAZDA MTR CORP/ADR (MZDAY), Yamaha Motor (YAMHF), Autoliv (ALV), Gentex (GNTX) and Harley-Davidson (HOG).
What other stocks do shareholders of Goodyear Tire & Rubber own?
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 55)
- Mr. Darren R. Wells, Exec. VP & CFO (Age 53)
- Mr. David L. Bialosky, Sr. VP, Gen. Counsel & Sec. (Age 61)
- Mr. Stephen R. McClellan, Pres of Americas (Age 53)
- Mr. Christopher Raymond Delaney, Pres of Europe, Middle East & Africa (Age 58)
Who are Goodyear Tire & Rubber's major shareholders?
Goodyear Tire & Rubber's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.56%), LSV Asset Management (4.77%), Hotchkis & Wiley Capital Management LLC (3.68%), Hotchkis & Wiley Capital Management LLC (3.68%), Dimensional Fund Advisors LP (3.60%) and Sound Shore Management Inc. CT (2.83%). Company insiders that own Goodyear Tire & Rubber stock include Jean Claude Kihn, Stephen R Mcclellan and Werner Geissler. View Institutional Ownership Trends for Goodyear Tire & Rubber.
Which institutional investors are selling Goodyear Tire & Rubber stock?
GT stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Goldman Sachs Group Inc., Geode Capital Management LLC, Morgan Stanley, Charles Schwab Investment Management Inc., Northern Trust Corp, Parametric Portfolio Associates LLC and Natixis. View Insider Buying and Selling for Goodyear Tire & Rubber.
Which institutional investors are buying Goodyear Tire & Rubber stock?
GT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., AJO LP, Dimensional Fund Advisors LP, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Maverick Capital Ltd., Principal Financial Group Inc. and Renaissance Technologies LLC. 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 $14.58.
How big of a company is Goodyear Tire & Rubber?
Goodyear Tire & Rubber has a market capitalization of $3.39 billion and generates $15.48 billion in revenue each year. The company earns $693 million in net income (profit) each year or $2.32 on an earnings per share basis. Goodyear Tire & Rubber employs 64,000 workers across the globe.
What is Goodyear Tire & Rubber's official website?
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)
MarketBeat'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.
