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

Cooper Tire & Rubber's stock was trading at $21.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CTB shares have increased by 13.0% and is now trading at $24.57. 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) posted its quarterly earnings results 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 firm earned $532 million during the quarter, compared to the consensus estimate of $544.67 million. Cooper Tire & Rubber had a return on equity of 6.85% and a net margin of 2.92%. The firm's revenue for the quarter was down 14.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.14 EPS. 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 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Friday, May 29th. View Cooper Tire & Rubber's dividend history.

6 equities research analysts have issued 12-month price objectives for Cooper Tire & Rubber's shares. Their forecasts range from $20.00 to $40.00. On average, they expect Cooper Tire & Rubber's stock price to reach $30.50 in the next year. This suggests a possible upside of 24.1% from the stock's current price. View analysts' price targets for Cooper Tire & Rubber.

Media stories about CTB stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cooper Tire & Rubber earned a news impact score of -2.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely 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 VALEO/S (VLEEY), Yamaha Motor (YAMHF), Brilliance China Automotive (BCAUY), Oshkosh (OSK), Allison Transmission (ALSN), Harley-Davidson (HOG), Hino Motors (HINOY), MAZDA MTR CORP/ADR (MZDAY), Tata Motors (TTM), NIO (NIO), CarGurus (CARG), BRP (DOOO), Fox Factory (FOXF), Navistar International (NAV) and LCI Industries (LCII). 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 bought 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 $24.57.

Cooper Tire & Rubber has a market capitalization of $1.24 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]