The Goodyear Tire & Rubber Company (GT)

NASDAQ: GT · IEX Real-Time Price · USD
11.14
+0.06 (0.54%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.54%
Market Cap 3.17B
Revenue (ttm) 19.66B
Net Income (ttm) -645.00M
Shares Out 284.69M
EPS (ttm) -2.26
PE Ratio n/a
Forward PE 8.82
Dividend n/a
Ex-Dividend Date n/a
Volume 1,606,986
Open 11.11
Previous Close 11.08
Day's Range 11.03 - 11.22
52-Week Range 10.92 - 16.51
Beta 1.77
Analysts Strong Buy
Price Target 17.23 (+54.67%)
Earnings Date Jul 31, 2024

About GT

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and other applications under the Goodyear, Cooper, Dunlop, Kelly, Mastercraft, Roadmaster, Debica, Sava, Fulda, Mickey Thompson, Avon, and Remington brands and various house brands, as well as under the private-label... [Read more]

Industry Auto Parts
Founded 1898
Employees 71,000
Stock Exchange NASDAQ
Ticker Symbol GT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for GT stock is "Strong Buy." The 12-month stock price forecast is $17.23, which is an increase of 54.67% from the latest price.

Price Target
$17.23
(54.67% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Goodyear Shares Sustainability Progress in 2023 Corporate Responsibility Report

AKRON, Ohio , June 27, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today released its report on corporate responsibility performance for 2023. The company's latest report deta...

5 days ago - PRNewsWire

Goodyear Announces the New Cooper® Discoverer Stronghold™ All-Terrain Tire for All the Surfaces You Require

New Cooper® Discoverer® Stronghold™ AT is engineered for maximum durability, quiet comfort, unparallel grip and three-peak mountain snowflake designation AKRON, Ohio , June 20, 2024 /PRNewswire/ -- Go...

12 days ago - PRNewsWire

CIM Group Sells Goodyear Airport Portfolio, Two Fully Leased Industrial Buildings in Goodyear, AZ

PHOENIX--(BUSINESS WIRE)--CIM Group sells two, fully leased industrial buildings totaling 726,802 sf adjacent to the Phoenix Goodyear Airport in Arizona.

26 days ago - Business Wire

Goodyear Names Nicole Gray SVP and Chief Human Resources Officer

Veteran Goodyear Leader Gary VanderLind to Retire AKRON, Ohio , May 29, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced the planned retirement of Senior Vice Presi...

4 weeks ago - PRNewsWire

7 Stock Picks for A Boring Market

The stock market has risen without much volatility. Quiet days favor stocks such as Citigroup, Comerica, Carnival, ABM, Synchrony, Cleveland Cliffs, and Goodyear, says 22V Research.

Other symbols: ABMCCCLCLFCMASYF
5 weeks ago - Barrons

Goodyear Reports First Quarter 2024 Financial Results

First quarter Goodyear net loss of $57 million (20 cents per share); adjusted net income of $29 million (10 cents per share) Segment operating income of $247 million, up $122 million compared to the f...

2 months ago - PRNewsWire

GOODYEAR TO ANNOUNCE FIRST QUARTER 2024 FINANCIAL RESULTS

AKRON, Ohio , April 26, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report first quarter 2024 financial results after market close on Monday, May 6, followed by an invest...

2 months ago - PRNewsWire

GOODYEAR NAMES RYAN WALDRON AMERICAS BUSINESS PRESIDENT

AKRON, Ohio , April 23, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Ryan Waldron has been named president of the company's Americas business unit, reporti...

2 months ago - PRNewsWire

GOODYEAR TAKES INNOVATION TO NEW HEIGHTS WITH SKYGRIP™ TIRES FOR BLIMPS

AKRON, Ohio, April 1, 2024 /PRNewswire/ -- In a bold move that redefines the boundaries of aerial transportation, The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced the launch of an exclu...

3 months ago - PRNewsWire

GOODYEAR INTRODUCES THE RL-5K OFF-THE-ROAD TIRE WITH THREE STAR LOAD CAPACITY RATING FOR HEAVY DUTY LOADERS

The RL-5K with three-star designation offers larger wheel loaders, more load carrying capacity and a deep tread for cut resistance and traction AKRON, Ohio , March 20, 2024 /PRNewswire/ -- The Goodyea...

3 months ago - PRNewsWire

Tire Maker Goodyear to Close Malaysia Plant, Affecting 550 Jobs

The Akron, Ohio-based tire maker said the move is part of its plan aimed at delivering annualized cost reductions of $1 billion by 2025.

4 months ago - WSJ

TWO GOODYEAR ASSOCIATES RECOGNIZED AS EXCEPTIONAL WOMEN IN MANUFACTURING

The Manufacturing Institute will honor Goodyear's Brandy Moorhead and Margareta Perangin-angin AKRON, Ohio , March 8, 2024 /PRNewswire/ -- The Manufacturing Institute (MI)—the workforce development an...

4 months ago - PRNewsWire

GOODYEAR ANNOUNCES WINNERS IN 40TH ANNIVERSARY HIGHWAY HERO PROGRAM

Winners highlight the important role truckers play in keeping our highways safe by going above and beyond to help those in need AKRON, Ohio , March 4, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber C...

4 months ago - PRNewsWire

GOODYEAR INTRODUCES TWO HARD-WORKING TIRES FOR REGIONAL DELIVERY FLEETS

New Goodyear RangeMax™ RSA® ULT and RangeMax™ RTD™ ULT tires balance traction, range* and mileage for work vehicles AKRON, Ohio , March 4, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASD...

4 months ago - PRNewsWire

GOODYEAR REPORTS FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL RESULTS

AKRON, Ohio , Feb. 12, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the fourth quarter and full-year 2023 in an Investor Letter published to its inve...

5 months ago - PRNewsWire

GOODYEAR TO PARTICIPATE IN WOLFE RESEARCH GLOBAL AUTO AND AUTO TECH CONFERENCE

AKRON, Ohio , Feb. 9, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) said today it will participate in a fireside chat during Wolfe Research's Global Auto and Auto Tech Conferenc...

5 months ago - PRNewsWire

Mexico Goodyear workers win $4.2 million back pay in US labor rights challenge

The U.S. government on Monday announced that a labor rights mediation plan at a Goodyear Tire & Rubber Co plant in Mexico has delivered $4.2 million in back pay to more than 1,300 current and former w...

5 months ago - Reuters

GOODYEAR TO ANNOUNCE FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL RESULTS

AKRON, Ohio , Feb. 5, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report fourth quarter and full-year 2023 financial results after market close on Monday, Feb. 12, follow...

5 months ago - PRNewsWire

GOODYEAR NAMES GREG SHANK SENIOR DIRECTOR OF INVESTOR RELATIONS

AKRON, Ohio , Feb. 1, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that Greg Shank has been named senior director of Investor Relations. He reports to Christina...

5 months ago - PRNewsWire

GOODYEAR ANNOUNCES THE GP-3E OFF-THE-ROAD TIRE WITH A NEW VERSATILE TREAD DESIGN FOR WHEEL LOADERS, GRADERS AND ARTICULATED DUMP TRUCKS

The Goodyear GP-3E tire is rated for E-3, L-3 and G-3 loads and balances treadwear and traction to get the tough jobs done AKRON, Ohio , Jan. 31, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Compan...

5 months ago - PRNewsWire

Goodyear Tire names Stellantis' Mark Stewart as top boss

Goodyear Tire & Rubber Co named Stellantis executive Mark Stewart as its CEO on Thursday, who will succeed long-time top boss Richard Kramer.

Other symbols: STLA
5 months ago - Reuters

GOODYEAR ANNOUNCES SENIOR LEADERSHIP TRANSITION: MARK STEWART TO SUCCEED RICH KRAMER AS CEO

Kramer to Retire as Chairman, CEO and President Laurette Koellner, Independent Lead Director, Named Board Chair AKRON, Ohio , Jan. 18, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: ...

5 months ago - PRNewsWire

Goodyear to name Stellantis exec Mark Stewart as new CEO - Bloomberg News

Goodyear Tire & Rubber Co is expected to name Stellantis executive Mark Stewart as its new CEO following a pressure campaign by activist investor Elliott Investment Management L.P. , Bloomberg News re...

5 months ago - Reuters

SpeedPro Expands Presence with New Goodyear-Avondale Studio in Arizona

GOODYEAR, Ariz. & AVONDALE, Ariz.--(BUSINESS WIRE)--SpeedPro, a leading provider of best-in-class large format printing and graphics, proudly announces the grand opening of its newest studio in the Ar...

5 months ago - Business Wire

Self-Driving Trucks and Smart Tires Are a Good Deal for Goodyear

Goodyear Tire and self-driving trucking company Gatik are using tire technology to improve autonomous-driving systems.

6 months ago - Barrons