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

Cooper Tire & Rubber's stock was trading at $21.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CTB shares have increased by 25.7% and is now trading at $27.33. 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 data on Thursday, May, 7th. The company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by $0.08. The firm had revenue of $532 million for the quarter, compared to the consensus estimate 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 revenue for the quarter was down 14.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.14 EPS. View Cooper Tire & Rubber's earnings history.

Cooper Tire & Rubber announced a quarterly dividend on Monday, May 11th. Investors of record on Monday, June 1st will be paid 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 1.54%. The ex-dividend date of this dividend is Friday, May 29th. View Cooper Tire & Rubber's dividend history.

6 Wall Street analysts 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 share price to reach $30.50 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price. View analysts' price targets for Cooper Tire & Rubber.

Press coverage about CTB stock has trended negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. 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. Cooper Tire & Rubber earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the next several days. View the latest news about Cooper Tire & Rubber.

Cooper Tire & Rubber saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,490,000 shares, an increase of 5.4% from the May 31st total of 3,310,000 shares. Based on an average daily volume of 538,000 shares, the days-to-cover ratio is presently 6.5 days. Currently, 7.0% of the company's stock are sold short. View Cooper Tire & Rubber's Current Options Chain.

Some companies that are related to Cooper Tire & Rubber include Dongfeng Motor Group (DNFGY), IAA (IAA), Oshkosh (OSK), Brilliance China Automotive (BCAUY), Tata Motors (TTM), Allison Transmission (ALSN), Hino Motors (HINOY), MAZDA MTR CORP/ADR (MZDAY), BRP (DOOO), Harley-Davidson (HOG), Fox Factory (FOXF), CarGurus (CARG), LCI Industries (LCII), Navistar International (NAV) and Dorman Products (DORM). 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."

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 $27.33.

Cooper Tire & Rubber has a market capitalization of $1.37 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]