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 yield of 5.59%. 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 results on Tuesday, February, 11th. The company reported $0.19 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.52 by $0.33. The firm had revenue of $3.71 billion for the quarter, compared to the consensus estimate 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 business's revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.51 EPS. 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 brokerages have issued twelve-month price targets for Goodyear Tire & Rubber's shares. Their forecasts range from $10.00 to $20.00. On average, they expect Goodyear Tire & Rubber's stock price to reach $14.58 in the next year. This suggests a possible upside of 27.4% 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 headlines about GT stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog 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 -1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Goodyear Tire & Rubber.

Goodyear Tire & Rubber saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 9,970,000 shares, an increase of 15.0% from the January 15th total of 8,670,000 shares. Based on an average trading volume of 2,685,300 shares, the days-to-cover ratio is currently 3.7 days. Approximately 4.3% of the company's stock are sold short. View Goodyear Tire & Rubber's Current Options Chain.

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

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), The Coca-Cola (KO), Altria Group (MO), Exxon Mobil (XOM), Bank of America (BAC), Walt Disney (DIS) and Johnson & Johnson (JNJ).

Goodyear Tire & Rubber's stock is owned by many different of retail and institutional investors. Top institutional investors 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 acquired 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, Hotchkis & Wiley Capital Management LLC, Cipher Capital LP, Dupont Capital Management Corp and Principal Financial Group Inc.. 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 $11.45.

Goodyear Tire & Rubber has a market capitalization of $2.66 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]