Cooper Tire & Rubber Stock Forecast, Price & News

Cooper Tire & Rubber's stock was trading at $21.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CTB stock has increased by 80.1% and is now trading at $39.17.
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3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cooper Tire & Rubber in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cooper Tire & Rubber stock.
View analyst ratings for Cooper Tire & Rubber or view MarketBeat's top 5 stock picks.

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Cooper Tire & Rubber is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Cooper Tire & Rubber.

Cooper Tire & Rubber (NYSE:CTB) announced its quarterly earnings results on Thursday, October, 29th. The company reported $2.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $1.75. The business earned $764.85 million during the quarter, compared to the consensus estimate of $671.54 million. Cooper Tire & Rubber had a return on equity of 12.99% and a net margin of 6.14%. The company's revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.58 earnings per share.
View Cooper Tire & Rubber's earnings history.

Cooper Tire & Rubber declared a quarterly dividend on Thursday, October 29th. Investors of record on Tuesday, December 1st will be given a dividend of $0.105 per share on Wednesday, December 30th. This represents a $0.42 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Monday, November 30th.
View Cooper Tire & Rubber's dividend history.

Cooper Tire & Rubber pays an annual dividend of $0.42 per share and currently has a dividend yield of 1.01%. The dividend payout ratio of Cooper Tire & Rubber is 21.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cooper Tire & Rubber will have a dividend payout ratio of 11.41% next year. This indicates that Cooper Tire & Rubber will be able to sustain or increase its dividend.
View Cooper Tire & Rubber's dividend history.

3 equities research analysts have issued 1-year price targets for Cooper Tire & Rubber's stock. Their forecasts range from $20.00 to $50.00. On average, they expect Cooper Tire & Rubber's stock price to reach $37.33 in the next year. This suggests that the stock has a possible downside of 4.7%.
View analysts' price targets for Cooper Tire & Rubber or view Wall Street analyst' top-rated stocks.

Cooper Tire & Rubber saw a decline in short interest during the month of December. As of December 31st, there was short interest totaling 2,240,000 shares, a decline of 22.5% from the December 15th total of 2,890,000 shares. Based on an average trading volume of 364,000 shares, the days-to-cover ratio is presently 6.2 days. Approximately 4.5% of the company's shares are short sold.
View Cooper Tire & Rubber's Short Interest.

Some companies that are related to Cooper Tire & Rubber include Nikola (NKLA), Autoliv (ALV), Auto Trader Group (ATDRY), Isuzu Motors (ISUZY), Yamaha Motor (YAMHF), Polaris (PII), Oshkosh (OSK), Harley-Davidson (HOG), Hino Motors (HINOY), BRP (DOOO), Fox Factory (FOXF), Vroom (VRM), Allison Transmission (ALSN), Mazda Motor (MZDAY) and Navistar International (NAV).
View all of CTB's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cooper Tire & Rubber investors own include The Goodyear Tire & Rubber (GT), B&G Foods (BGS), Bristol-Myers Squibb (BMY), General Mills (GIS), AT&T (T), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Kellogg (K), Masco (MAS) and Marathon Petroleum (MPC).

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

Cooper Tire & Rubber's stock is owned by many different institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.08%) and Crossmark Global Holdings Inc. (0.01%).
View institutional ownership trends for Cooper Tire & Rubber.

CTB stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Crossmark Global Holdings Inc..
View insider buying and selling activity for Cooper Tire & Rubber or view top insider-selling stocks.

Shares of CTB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CTB stock can currently be purchased for approximately $39.17.

Cooper Tire & Rubber has a market capitalization of $1.97 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]