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. Shareholders 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 6.39%. The ex-dividend date of this dividend is Friday, January 31st. View Goodyear Tire & Rubber's Dividend History.

Goodyear Tire & Rubber Co (NASDAQ:GT) released its quarterly earnings data on Tuesday, February, 11th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.52 by $0.33. The business earned $3.71 billion during the quarter, compared to analysts' expectations 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 firm's revenue was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.51 earnings per share. 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 analysts have issued 12 month price targets for Goodyear Tire & Rubber's shares. 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 twelve months. This suggests a possible upside of 45.5% 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 trended positive on Thursday, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Goodyear Tire & Rubber earned a coverage optimism score of 2.4 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Goodyear Tire & Rubber.

Goodyear Tire & Rubber saw a increase in short interest in February. As of February 14th, there was short interest totalling 10,760,000 shares, an increase of 7.9% from the January 30th total of 9,970,000 shares. Based on an average daily trading volume, of 2,950,000 shares, the days-to-cover ratio is presently 3.6 days. Approximately 4.6% of the shares of the stock are short sold. View Goodyear Tire & Rubber's Current Options Chain.

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

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), Bank of America (BAC), The Coca-Cola (KO), Altria Group (MO), Exxon Mobil (XOM), Cisco Systems (CSCO) and Walt Disney (DIS).

Goodyear Tire & Rubber's stock is owned by a number of of institutional and retail 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 purchased 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, Geode Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Cipher Capital LP and Dupont Capital Management Corp. 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 $10.02.

Goodyear Tire & Rubber has a market capitalization of $2.33 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]