NYSE:CTBCooper Tire & Rubber Stock Price, Forecast & News

Cooper Tire & Rubber's stock was trading at $21.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CTB stock has increased by 18.3% and is now trading at $25.73. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cooper Tire & Rubber in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cooper Tire & Rubber.

Cooper Tire & Rubber is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Cooper Tire & Rubber.

Cooper Tire & Rubber Co (NYSE:CTB) issued its quarterly earnings data on Thursday, May, 7th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.15) by $0.08. The company had revenue of $532 million for the quarter, compared to analyst estimates of $544.67 million. Cooper Tire & Rubber had a net margin of 2.92% and a return on equity of 6.85%. The company's quarterly revenue was down 14.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 earnings per share. View Cooper Tire & Rubber's earnings history.

Cooper Tire & Rubber declared a quarterly dividend on Monday, May 11th. Shareholders of record on Monday, June 1st will be given a dividend of $0.105 per share on Friday, June 26th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Friday, May 29th. View Cooper Tire & Rubber's dividend history.

6 brokerages have issued 12 month target prices for Cooper Tire & Rubber's stock. Their forecasts range from $20.00 to $40.00. On average, they expect Cooper Tire & Rubber's stock price to reach $31.50 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View analysts' price targets for Cooper Tire & Rubber.

Headlines about CTB stock have been trending very negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cooper Tire & Rubber earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCooper Tire & Rubber.

Some companies that are related to Cooper Tire & Rubber include Oshkosh (OSK), Brilliance China Automotive (BCAUY), MAZDA MTR CORP/ADR (MZDAY), Allison Transmission (ALSN), NIO (NIO), Harley-Davidson (HOG), Tata Motors (TTM), BRP (DOOO), CarGurus (CARG), Fox Factory (FOXF), Navistar International (NAV), LCI Industries (LCII), Dorman Products (DORM), Dana (DAN) and SPX (SPXC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cooper Tire & Rubber investors own include Bristol-Myers Squibb (BMY), Goodyear Tire & Rubber (GT), AT&T (T), Marathon Petroleum (MPC), Ford Motor (F), Exxon Mobil (XOM), Enterprise Products Partners (EPD), General Mills (GIS), General Motors (GM) and AbbVie (ABBV).

Cooper Tire & Rubber trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTB."

Cooper Tire & Rubber's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.10%), Deprince Race & Zollo Inc. (4.18%), Wellington Management Group LLP (3.62%), State Street Corp (3.44%), Frontier Capital Management Co. LLC (3.12%) and Investment Counselors of Maryland LLC (1.96%). View institutional ownership trends for Cooper Tire & Rubber.

CTB stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Parametric Portfolio Associates LLC, Bank of New York Mellon Corp, Alberta Investment Management Corp, UBS Group AG, Arizona State Retirement System, First Trust Advisors LP, and Victory Capital Management Inc.. View insider buying and selling activity for Cooper Tire & Rubber.

CTB stock was acquired by a variety of institutional investors in the last quarter, including Sandbar Asset Management LLP, Wellington Management Group LLP, Deprince Race & Zollo Inc., State Street Corp, Foundry Partners LLC, JPMorgan Chase & Co., KBC Group NV, and Russell Investments Group Ltd.. View insider buying and selling activity for Cooper Tire & Rubber.

Shares of CTB 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 CTB stock can currently be purchased for approximately $25.73.

Cooper Tire & Rubber has a market capitalization of $1.29 billion and generates $2.75 billion in revenue each year. The company earns $96.40 million in net income (profit) each year or $1.91 on an earnings per share basis. Cooper Tire & Rubber employs 8,720 workers across the globe.

The official website for Cooper Tire & Rubber is www.coopertire.com.

Cooper Tire & Rubber's mailing address is 701 LIMA AVENUE, FINDLAY OH, 45840. The company can be reached via phone at 419-423-1321 or via email at [email protected]