NASDAQ:GT - Goodyear Tire & Rubber Stock Price, Price Target & More

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

Goodyear Tire & Rubber declared a quarterly dividend on Tuesday, April 10th. Stockholders of record on Tuesday, May 1st will be paid a dividend of $0.14 per share on Friday, June 1st. This represents a $0.56 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend is Monday, April 30th. View Goodyear Tire & Rubber's Dividend History.

Goodyear Tire & Rubber announced that its Board of Directors has authorized a stock 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 an indication that the company's management believes its stock is undervalued.

Goodyear Tire & Rubber Co (NASDAQ:GT) announced its quarterly earnings data on Wednesday, April, 25th. The company reported $0.50 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.06. The business earned $3.80 billion during the quarter, compared to analyst estimates of $3.80 billion. Goodyear Tire & Rubber had a net margin of 1.64% and a return on equity of 14.36%. The business's quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.74 EPS. View Goodyear Tire & Rubber's Earnings History.

Goodyear Tire & Rubber is scheduled to release their next quarterly earnings announcement on Friday, July, 27th 2018. View Earnings Estimates for Goodyear Tire & Rubber.

11 brokers have issued 12 month price targets for Goodyear Tire & Rubber's stock. Their predictions range from $29.00 to $40.00. On average, they anticipate Goodyear Tire & Rubber's stock price to reach $33.8889 in the next twelve months. This suggests a possible upside of 49.4% from the stock's current price. View Analyst Ratings 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 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

Media coverage about GT stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources. 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 coverage optimism score of 0.07 on Accern's scale. They also assigned news articles about the company an impact score of 47.53 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Goodyear Tire & Rubber's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Salem Capital Management Inc. (0.06%), BLB&B Advisors LLC (0.03%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.02%), DnB Asset Management AS (0.01%) and IFM Investors Pty Ltd (0.01%). 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 Fjarde AP Fonden Fourth Swedish National Pension Fund and BLB&B Advisors LLC. Company insiders that have sold Goodyear Tire & Rubber company stock in the last year include Jean Claude Kihn and Stephen R Mcclellan. View Insider Buying and Selling for Goodyear Tire & Rubber.

GT stock was purchased by a variety of institutional investors in the last quarter, including Salem Capital Management Inc., IFM Investors Pty Ltd and DnB Asset Management AS. 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 $22.68.

Goodyear Tire & Rubber has a market capitalization of $5.44 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]