NASDAQ:GTGoodyear Tire & Rubber Stock Price, Forecast & News

Goodyear Tire & Rubber's stock was trading at $7.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GT shares have increased by 23.0% and is now trading at $8.81. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goodyear Tire & Rubber in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Goodyear Tire & Rubber.

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

Goodyear Tire & Rubber Co (NASDAQ:GT) announced its quarterly earnings data on Thursday, April, 30th. The company reported ($0.60) EPS for the quarter, missing the consensus estimate of ($0.12) by $0.48. The firm had revenue of $3.06 billion for the quarter, compared to analysts' expectations of $2.95 billion. Goodyear Tire & Rubber had a positive return on equity of 1.48% and a negative net margin of 6.12%. Goodyear Tire & Rubber's revenue was down 15.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.19 EPS. View Goodyear Tire & Rubber's earnings history.

Goodyear Tire & Rubber declared 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 annualized dividend and a yield of 7.26%. The ex-dividend date of this dividend is Friday, January 31st. View Goodyear Tire & Rubber's dividend history.

Goodyear Tire & Rubber issued an update on its first quarter 2020 Pre-Market earnings guidance on Thursday, April, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3-3 billion, compared to the consensus revenue estimate of $3.38 billion.

11 analysts have issued twelve-month price targets for Goodyear Tire & Rubber's stock. Their forecasts range from $5.00 to $20.00. On average, they anticipate Goodyear Tire & Rubber's stock price to reach $10.61 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price. View analysts' price targets for Goodyear Tire & Rubber.

Press coverage about GT stock has trended negative this week, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Goodyear Tire & Rubber earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Goodyear Tire & Rubber.

Goodyear Tire & Rubber saw a decline in short interest in June. As of June 15th, there was short interest totaling 13,820,000 shares, a decline of 9.7% from the May 31st total of 15,310,000 shares. Based on an average daily volume of 6,880,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 6.0% of the shares of the stock are short sold. View Goodyear Tire & Rubber's Current Options Chain.

Some companies that are related to Goodyear Tire & Rubber include AISIN SEIKI CO/ADR (ASEKY), LKQ (LKQ), RENAULT S A/ADR (RNLSY), BorgWarner (BWA), ISUZU MOTORS LT/ADR (ISUZY), VALEO/S (VLEEY), Lear (LEA), Gentex (GNTX), AUTO TRADER GRP/ADR (ATDRY), Autoliv (ALV), Polaris Industries (PII), Yamaha Motor (YAMHF), Dongfeng Motor Group (DNFGY), IAA (IAA) and Oshkosh (OSK). View all competitors.

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 Enterprise Products Partners (EPD).

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

Goodyear Tire & Rubber's stock is owned by a number of institutional and retail investors. Top institutional investors include Tsfg LLC (0.00%). View institutional ownership trends for Goodyear Tire & Rubber.

GT stock was bought by a variety of institutional investors in the last quarter, including Tsfg LLC. View insider buying and selling activity 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 $8.81.

Goodyear Tire & Rubber has a market capitalization of $2.05 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.

The official website for Goodyear Tire & Rubber is 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]