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

$6.32
+0.13 (+2.10 %)
(As of 03/29/2020 01:44 AM ET)
Today's Range
$5.67
Now: $6.32
$6.50
50-Day Range
$4.57
MA: $9.16
$13.43
52-Week Range
$4.09
Now: $6.32
$20.70
Volume6.79 million shs
Average Volume8.60 million shs
Market Capitalization$1.47 billion
P/E RatioN/A
Dividend Yield10.34%
Beta1.81
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.
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Goodyear Tire & Rubber logo

Industry, Sector and Symbol

Industry Tires & inner tubes
Sub-IndustryTires & Rubber
SectorAuto/Tires/Trucks
CUSIP38255010
Phone330-796-2121

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.75 billion
Cash Flow$4.68 per share
Book Value$19.54 per share

Profitability

Net Income$-311,000,000.00

Miscellaneous

Employees63,000
Market Cap$1.47 billion
Next Earnings Date4/24/2020 (Estimated)
OptionableOptionable

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Goodyear Tire & Rubber (NASDAQ:GT) Frequently Asked Questions

How has Goodyear Tire & Rubber's stock been impacted by COVID-19 (Coronavirus)?

Goodyear Tire & Rubber's stock was trading at $7.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GT stock has decreased by 11.7% and is now trading at $6.32. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Goodyear Tire & Rubber.

When is Goodyear Tire & Rubber's next earnings date?

Goodyear Tire & Rubber is scheduled to release its next quarterly earnings announcement on Friday, April 24th 2020. View our earnings forecast for Goodyear Tire & Rubber.

How were Goodyear Tire & Rubber's earnings last quarter?

Goodyear Tire & Rubber Co (NASDAQ:GT) announced 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 business 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 firm's revenue was down 4.2% on a year-over-year basis. During the same quarter last year, the business posted $0.51 earnings per share. View Goodyear Tire & Rubber's earnings history.

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 Wednesday, January 15th. Stockholders of record on Monday, February 3rd will be given 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 10.13%. The ex-dividend date is Friday, January 31st. View Goodyear Tire & Rubber's dividend history.

What price target have analysts set for GT?

10 equities research analysts have issued 12 month target prices for Goodyear Tire & Rubber's stock. Their forecasts range from $7.00 to $20.00. On average, they anticipate Goodyear Tire & Rubber's stock price to reach $12.96 in the next year. This suggests a possible upside of 105.0% from the stock's current price. View analysts' price targets for Goodyear Tire & Rubber.

Has Goodyear Tire & Rubber been receiving favorable news coverage?

News headlines about GT stock have been trending very negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Goodyear Tire & Rubber earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutGoodyear Tire & Rubber.

Are investors shorting Goodyear Tire & Rubber?

Goodyear Tire & Rubber saw a increase in short interest in March. As of March 13th, there was short interest totaling 19,630,600 shares, an increase of 18.0% from the February 27th total of 16,630,000 shares. Based on an average trading volume of 6,753,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 8.5% of the shares of the stock are sold short. View Goodyear Tire & Rubber's Current Options Chain.

Who are some of Goodyear Tire & Rubber's key competitors?

What other stocks do shareholders of Goodyear Tire & Rubber own?

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

Who are Goodyear Tire & Rubber's key executives?

Goodyear Tire & Rubber's management team includes the following 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)

What is Goodyear Tire & Rubber's stock symbol?

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

Who are Goodyear Tire & Rubber's major shareholders?

Goodyear Tire & Rubber's stock is owned by a number 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.

Which institutional investors are selling Goodyear Tire & Rubber stock?

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., Connor Clark & Lunn Investment Management Ltd., and Robeco Institutional Asset Management B.V.. View insider buying and selling activity for Goodyear Tire & Rubber.

Which institutional investors are buying Goodyear Tire & Rubber stock?

GT stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Prudential Financial Inc., Lyrical Asset Management LP, MUFG Securities EMEA plc, State Street Corp, Geode Capital Management LLC, Hotchkis & Wiley Capital Management LLC, and Cipher Capital LP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Goodyear Tire & Rubber's stock price today?

One share of GT stock can currently be purchased for approximately $6.32.

How big of a company is Goodyear Tire & Rubber?

Goodyear Tire & Rubber has a market capitalization of $1.47 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.

What is Goodyear Tire & Rubber's official website?

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

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:  2.8 out of 5 (star star)
Outperform Votes:  530 (Vote Outperform)
Underperform Votes:  414 (Vote Underperform)
Total Votes:  944
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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