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

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

Goodyear Tire & Rubber declared a quarterly dividend on Monday, July 16th. Investors 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 yield of 2.27%. The ex-dividend date of this dividend is Tuesday, July 31st. View Goodyear Tire & Rubber's Dividend History.

Goodyear Tire & Rubber declared that its board has approved a share repurchase program on Thursday, April 6th 2017, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 11.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

Goodyear Tire & Rubber Co (NASDAQ:GT) issued its quarterly earnings data on Friday, July, 27th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.06. The company earned $3.84 billion during the quarter, compared to analysts' expectations of $3.85 billion. Goodyear Tire & Rubber had a return on equity of 14.04% and a net margin of 1.69%. The business's quarterly 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.

Goodyear Tire & Rubber is scheduled to release their next quarterly earnings announcement on Friday, October, 26th 2018. View Earnings Estimates for Goodyear Tire & Rubber.

11 equities research analysts have issued 1 year price objectives for Goodyear Tire & Rubber's shares. Their predictions range from $21.00 to $37.00. On average, they expect Goodyear Tire & Rubber's stock price to reach $28.00 in the next year. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Price Targets for Goodyear Tire & Rubber.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goodyear Tire & Rubber in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Goodyear Tire & Rubber.

Some companies that are related to Goodyear Tire & Rubber include SUBARU CORP/ADR (FUJHY), MICHELIN COMPAG/ADR (MGDDY), Magna International (MGA), CNH Industrial (CNHI), GEELY AUTOMOBIL/ADR (GELYY), Genuine Parts (GPC), AISIN SEIKI Co/ADR (ASEKY), ISUZU MOTORS Lt/ADR (ISUZY), Tata Motors (TTM), VALEO/S (VLEEY), LKQ (LKQ), Lear (LEA), GKN PLC/S (GKNLY), WEICHAI Pwr Co/ADR (WEICY) and BorgWarner (BWA).

News articles about GT stock have trended somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Goodyear Tire & Rubber earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave press coverage about the company an impact score of 46.57 out of 100, meaning that recent press 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.

Goodyear Tire & Rubber's stock is owned by many different 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.

GT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Bank of New York Mellon Corp, Massachusetts Financial Services Co. MA, Morgan Stanley, Public Employees Retirement Association of Colorado, FMR LLC, Schroder Investment Management Group and Schroder Investment Management Group. View Insider Buying and Selling for Goodyear Tire & Rubber.

GT stock was purchased 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.

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.

One share of GT stock can currently be purchased for approximately $24.64.

Goodyear Tire & Rubber has a market capitalization of $5.70 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.

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]