NASDAQ:GT Goodyear Tire & Rubber - GT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding The Goodyear Tire & Rubber Company Please log in to your account or sign up in order to add this asset to your watchlist. $10.10 +0.03 (+0.30%) (As of 03/24/2023 05:19 PM ET) Add Compare Share Share Today's Range$9.85▼$10.1450-Day Range$10.07▼$11.8252-Week Range$9.66▼$15.69Volume6.57 million shsAverage Volume4.54 million shsMarket Capitalization$2.86 billionP/E Ratio14.43Dividend YieldN/APrice Target$12.43 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Goodyear Tire & Rubber MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside23.1% Upside$12.43 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment1.02Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth74.47%From $0.94 to $1.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.24 out of 5 starsAuto/Tires/Trucks Sector33rd out of 97 stocksTires & Inner Tubes Industry1st out of 1 stocks 2.0 Analyst's Opinion Consensus RatingGoodyear Tire & Rubber has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.43, Goodyear Tire & Rubber has a forecasted upside of 23.1% from its current price of $10.10.Amount of Analyst CoverageGoodyear Tire & Rubber has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for GT. Previous Next 0.0 Dividend Strength Dividend YieldGoodyear Tire & Rubber does not currently pay a dividend.Dividend GrowthGoodyear Tire & Rubber does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GT. Previous Next 2.8 News and Social Media Coverage News SentimentGoodyear Tire & Rubber has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.30 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Goodyear Tire & Rubber this week, compared to 4 articles on an average week.Search Interest62 people have searched for GT on MarketBeat in the last 30 days. This is an increase of 94% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Goodyear Tire & Rubber to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Goodyear Tire & Rubber insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.20% of the stock of Goodyear Tire & Rubber is held by insiders.Percentage Held by Institutions79.34% of the stock of Goodyear Tire & Rubber is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Goodyear Tire & Rubber are expected to grow by 74.47% in the coming year, from $0.94 to $1.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Goodyear Tire & Rubber is 14.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.54.Price to Earnings Ratio vs. SectorThe P/E ratio of Goodyear Tire & Rubber is 14.43, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 15.15.Price to Book Value per Share RatioGoodyear Tire & Rubber has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Goodyear Tire & Rubber (NASDAQ:GT) StockGoodyear Tire & Rubber Co. engages in the development, manufacture, distribution, and sale of tires. Its products include lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment and various other applications. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.Read More Receive GT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Goodyear Tire & Rubber and its competitors with MarketBeat's FREE daily newsletter. Email Address GT Stock News HeadlinesMarch 22, 2023 | bizjournals.comFirst piece of Goodyear Rubber’s St. Pete property has soldMarch 15, 2023 | investopedia.comHow the Goodyear Credit Card Works: Benefits and RewardsMarch 24, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 15, 2023 | finance.yahoo.comTHE GOODYEAR POWERLOAD TIRE LINE WILL DRIVE PRODUCTIVITY AND EFFICIENCY WHEREVER IT'S PUT TO WORKMarch 13, 2023 | theglobeandmail.comUnusual Options Volume Highlights a Daring Contrarian Move for Goodyear Tire (GT)March 2, 2023 | finance.yahoo.comGOODYEAR LAUNCHES THE NEW FUEL MAX 1AD TIRE FOR TOUGH SUPER-REGIONAL TRUCKING JOBSMarch 1, 2023 | finance.yahoo.comGOODYEAR'S JENNY PAIGE NAMED A 2023 WOMEN MAKE AMERICA AWARD HONOREEMarch 1, 2023 | finance.yahoo.comGOODYEAR INTRODUCES FIRST EV TIRE FOR REGIONAL FLEETSMarch 24, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!February 26, 2023 | finance.yahoo.comGOODYEAR HONORS 38th WINNER OF HIGHWAY HERO AWARDFebruary 10, 2023 | finance.yahoo.comThe Goodyear Tire & Rubber Company (NASDAQ:GT) Q4 2022 Earnings Call TranscriptFebruary 8, 2023 | msn.comGoodyear (GT) Misses Q4 Earnings EstimatesFebruary 8, 2023 | msn.comGoodyear Tire & Rubber Non-GAAP EPS of $0.07 misses by $0.05, revenue of $5.37B beats by $210MFebruary 8, 2023 | finance.yahoo.comGOODYEAR REPORTS FOURTH QUARTER AND FULL-YEAR 2022 FINANCIAL RESULTSFebruary 2, 2023 | seekingalpha.comThe Goodyear Tire: An Icon In TroubleFebruary 1, 2023 | businesswire.comINVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Goodyear Tire & Rubber Co.’s Directors and Officers for Breach of Fiduciary Duties – GTJanuary 27, 2023 | finanznachrichten.deThe Goodyear Tire & Rubber Company: Goodyear Announces Cost Savings ActionsJanuary 27, 2023 | finance.yahoo.comGoodyear to lay off workers in response to weak sales, inflationJanuary 27, 2023 | msn.comGoodyear Tire to cut 500 jobs given ‘significantly weaker’ industry backdropJanuary 27, 2023 | msn.comGoodyear Tire falls after warnings on weak Q4, slashing 500 salaried jobsJanuary 27, 2023 | finance.yahoo.comGoodyear to Cut 500 Jobs, Warns of Earnings ShortfallJanuary 27, 2023 | foxnews.comGoodyear tires subject to grand jury probeJanuary 25, 2023 | finance.yahoo.comGOODYEAR TO ANNOUNCE FOURTH QUARTER AND FULL-YEAR 2022 FINANCIAL RESULTSJanuary 25, 2023 | msn.comGoodyear Tire & Rubber faces DOJ probe over handling of tire recallJanuary 25, 2023 | finance.yahoo.comJustice Department Probes Goodyear’s Handling of Recalled TireJanuary 25, 2023 | finance.yahoo.comU.S. DOJ probes Goodyear's handling of recalled tire - WSJJanuary 14, 2023 | nasdaq.comMarch 3rd Options Now Available For Goodyear Tire & Rubber (GT)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Goodyear Tire & Rubber and its competitors with MarketBeat's FREE daily newsletter. Email Address GT Company Calendar Last Earnings2/08/2023Today3/24/2023Next Earnings (Estimated)5/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Tires & inner tubes Sub-IndustryTires & Rubber SectorAuto/Tires/Trucks Current SymbolNASDAQ:GT CUSIP38255010 CIK42582 Webwww.goodyear.com Phone(330) 796-2121Fax330-796-2222Employees74,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$12.43 High Stock Price Forecast$15.30 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+23.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.70 Trailing P/E Ratio14.39 Forward P/E Ratio10.71 P/E GrowthN/ANet Income$202 million Net Margins0.97% Pretax Margin1.92% Return on Equity6.96% Return on Assets1.63% Debt Debt-to-Equity Ratio1.33 Current Ratio1.21 Quick Ratio0.57 Sales & Book Value Annual Sales$20.81 billion Price / Sales0.14 Cash Flow$4.64 per share Price / Cash Flow2.17 Book Value$19.32 per share Price / Book0.52Miscellaneous Outstanding Shares283,260,000Free Float279,865,000Market Cap$2.85 billion OptionableOptionable Beta1.81 Key ExecutivesRichard J. KramerChairman, President & Chief Executive OfficerChristopher P. HelselChief Technology Officer & SVP-Global OperationsChristina L. ZamarroChief Financial Officer & Executive Vice PresidentSherry L. NeubertChief Information Officer & Vice PresidentEvan M. ScocosExecutive Vice President & ControllerKey CompetitorsLCI IndustriesNYSE:LCIIDorman ProductsNASDAQ:DORMQuantumScapeNYSE:QSLuminar TechnologiesNASDAQ:LAZRChargePointNYSE:CHPTView All CompetitorsInstitutional OwnershipMetLife Investment Management LLCSold 3,557 shares on 3/23/2023Ownership: 0.113%Rockefeller Capital Management L.P.Bought 2,554 shares on 3/6/2023Ownership: 0.002%Voya Investment Management LLCSold 50,698 shares on 2/28/2023Ownership: 0.075%Parallax Volatility Advisers L.P.Sold 61,500 shares on 2/27/2023Ownership: 0.000%Athena Investment ManagementSold 5,142 shares on 2/24/2023Ownership: 0.004%View All Institutional Transactions GT Stock - Frequently Asked Questions Should I buy or sell Goodyear Tire & Rubber stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Goodyear Tire & Rubber in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" GT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GT, but not buy additional shares or sell existing shares. View GT analyst ratings or view top-rated stocks. What is Goodyear Tire & Rubber's stock price forecast for 2023? 6 Wall Street analysts have issued 1 year price objectives for Goodyear Tire & Rubber's shares. Their GT share price forecasts range from $9.00 to $15.30. On average, they expect the company's stock price to reach $12.43 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View analysts price targets for GT or view top-rated stocks among Wall Street analysts. How have GT shares performed in 2023? Goodyear Tire & Rubber's stock was trading at $10.15 on January 1st, 2023. Since then, GT stock has decreased by 2.0% and is now trading at $9.95. View the best growth stocks for 2023 here. When is Goodyear Tire & Rubber's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023. View our GT earnings forecast. How were Goodyear Tire & Rubber's earnings last quarter? The Goodyear Tire & Rubber Company (NASDAQ:GT) posted its earnings results on Wednesday, February, 8th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.17 by $0.10. The firm had revenue of $5.37 billion for the quarter, compared to analysts' expectations of $5.16 billion. Goodyear Tire & Rubber had a trailing twelve-month return on equity of 6.96% and a net margin of 0.97%. The business's quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the business earned $0.57 EPS. What ETFs hold Goodyear Tire & Rubber's stock? ETFs with the largest weight of Goodyear Tire & Rubber (NASDAQ:GT) stock in their portfolio include Invesco S&P MidCap 400 Pure Value ETF (RFV), First Trust Nasdaq Transportation ETF (FTXR), Invesco S&P MidCap 400 Revenue ETF (RWK), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC), First Trust Mid Cap Value AlphaDEX Fund (FNK), Avantis U.S. Small Cap Value ETF (AVUV), Invesco Nasdaq Future Gen 200 ETF (QQQS) and First Trust Mid Cap Core AlphaDEX Fund (FNX). What is Richard J. (Rich) Kramer's approval rating as Goodyear Tire & Rubber's CEO? 745 employees have rated Goodyear Tire & Rubber Chief Executive Officer Richard J. (Rich) Kramer on Glassdoor.com. Richard J. (Rich) Kramer has an approval rating of 74% among the company's employees. 71.0% of employees surveyed would recommend working at Goodyear Tire & Rubber to a friend. 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), Intel (INTC), Pfizer (PFE), Wells Fargo & Company (WFC), Bank of America (BAC), Johnson & Johnson (JNJ), Altria Group (MO) and General Motors (GM). 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 variety of institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (6.36%), Dimensional Fund Advisors LP (5.34%), LSV Asset Management (3.26%), Geode Capital Management LLC (1.89%), Morgan Stanley (1.49%) and Fisher Asset Management LLC (1.47%). Insiders that own company stock include Richard J Kramer and Stephen R Mcclellan. View institutional ownership trends. How do I buy shares of Goodyear Tire & Rubber? Shares of GT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Goodyear Tire & Rubber's stock price today? One share of GT stock can currently be purchased for approximately $9.95. How much money does Goodyear Tire & Rubber make? Goodyear Tire & Rubber (NASDAQ:GT) has a market capitalization of $2.82 billion and generates $20.81 billion in revenue each year. The company earns $202 million in net income (profit) each year or $0.70 on an earnings per share basis. How many employees does Goodyear Tire & Rubber have? The company employs 74,000 workers across the globe. How can I contact Goodyear Tire & Rubber? Goodyear Tire & Rubber's mailing address is 200 INNOVATION WAY, AKRON OH, 44316. The official website for the company is www.goodyear.com. The company can be reached via phone at (330) 796-2121, via email at goodyear.investor.relations@goodyear.com, or via fax at 330-796-2222. This page (NASDAQ:GT) was last updated on 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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