GT - The Goodyear Tire & Rubber Company

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
16.05
-0.30 (-1.83%)
At close: 4:00PM EST
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Previous Close16.35
Open16.45
Bid15.66 x 3200
Ask16.49 x 3000
Day's Range16.01 - 16.51
52 Week Range10.74 - 23.95
Volume2,169,492
Avg. Volume3,190,479
Market Cap3.733B
Beta (3Y Monthly)1.76
PE Ratio (TTM)19.81
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.64 (3.91%)
Ex-Dividend Date2019-10-31
1y Target EstN/A
  • Goodyear Tire & Rubber Co. to occupy massive project near Atlanta
    American City Business Journals

    Goodyear Tire & Rubber Co. to occupy massive project near Atlanta

    The project is being led by Stonemont Financial Group, an Atlanta real estate investment firm specializing in build-to-suit and speculative industrial development.

  • Calculating The Intrinsic Value Of The Goodyear Tire & Rubber Company (NASDAQ:GT)
    Simply Wall St.

    Calculating The Intrinsic Value Of The Goodyear Tire & Rubber Company (NASDAQ:GT)

    In this article we are going to estimate the intrinsic value of The Goodyear Tire & Rubber Company (NASDAQ:GT) by...

  • Moody's

    Florence Town, Inc.Industrial Devel.Auth.,AZ -- Moody's assigns Ba2 to Legacy Traditional Schools, AZ's Education Revenue Bonds, Ser. 2019A&B; outlook stable

    Rating Action: Moody's assigns Ba2 to Legacy Traditional Schools, AZ's Education Revenue Bonds, Ser. New York, November 06, 2019 -- Moody's Investors Service assigns an underlying Ba2 rating to the Industrial Development Authority of the County of Maricopa's $36.3 million Education Revenue Bonds (Legacy Traditional Schools Projects) Series 2019A (Credit Enhanced) and $100.6 million Series 2019B. The Bonds will be loaned to Legacy Traditional Schools under a Loan Agreement with the Authority.

  • 10 Stocks Seen as End-of-Year Bargains as Tax-Loss Selling Surges
    Investopedia

    10 Stocks Seen as End-of-Year Bargains as Tax-Loss Selling Surges

    Stocks that were big losers in 2019 should attract heavy tax-loss selling, pushing their prices down yet more and creating some potential bargains.

  • Is Goodyear (GT) Stock Undervalued Right Now?
    Zacks

    Is Goodyear (GT) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Buy These 5 High-Yield, Fast-Growing Dividend Stocks Now
    InvestorPlace

    Buy These 5 High-Yield, Fast-Growing Dividend Stocks Now

    I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have to have a history of growth. Lastly, the company would have to be able to afford the dividends.In earlier articles like this, I found stocks that met two or three of these four criteria about dividend stocks. But this time I wanted to see if there were any stocks with all four of these criteria. I feel that these four criteria help the investor know that the dividend is both relatively safe and reliably consistent. Moreover, the investor would not be paying extra for that safety and stock dividend growth.Keep in mind that the average dividend yield of the S&P 500 is 1.9%. The median price-to-earnings ratio is 14.8x and the average payout ratio is 35%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs for dividend growth rates, there are not a lot of studies. One analyst found that over 51 years, the average dividend growth rate was 5.4%. Therefore, I decided to set the minimum rate of growth at better than 5.4% over a five-year period.I also felt that I would not find stocks with better than the average payout ratio. A 35% payout ratio would be too low a hurdle with these high dividend yield stocks. So as long as the payout ratio was not worse than 70%, the stock would be deemed worthy. It would seem that at that rate the company could still afford the dividend.Here are five high yield, fast-growing dividend stocks that meet these criteria. Dividend Stocks to Buy: Broadcom (AVGO)Source: Sasima / Shutterstock.com Dividend Yield: 3.7%5-Year Dividend Growth: 55.1%Price-to-Earnings Ratio: 13.6Payout Ratio: 50%Broadcom (NASDAQ:AVGO) is a semiconductor company that makes a variety of chips used in data centers, set-top boxes, telecom equipment and smartphones. Earnings have been growing consistently and have beat market expectations. * 7 AI Stocks to Buy to Profit from the Recent Tech Correction Broadcom stock trades at a low 13 times price-to-earnings ratio and has a 3.7% dividend yield. AVGO pays out about half its earnings in dividends. Broadcom's dividends have been growing consistently at a high rate over the past three years (+74%) and five years (+55%). Look for AVGO stock to follow this consistent trend. Broadcom's earnings should do well over the next telecom cycle as 5G equipment begins to roll out. Goodyear Tire & Rubber (GT)Source: Roman Tiraspolsky / Shutterstock.com Dividend Yield: 3.9%5-Year Dividend Growth: 63.3%Price-to-Earnings Ratio: 10.7Payout Ratio: 41.2%Goodyear Tire & Rubber (NASDAQ:GT) stock has a very nice dividend yield and growth history. Goodyear sells its own brand of tires worldwide along with private label brands. The company also has over 1,100 tire and auto-service center outlets that offer repair services and products.Goodyear's basic products are always in demand as tires need constant replacement. But it makes more money when car sales increase. Fears of an economic slowdown have kept Goodyear stock cheap. Nevertheless, given the constant demand for tires, Goodyear has the ability to withstand a slowdown in GDP growth.New car tire sales and international tire sales make up the majority of its revenue. Volumes in new cars have been falling so its original equipment manufacturer sales volume has been dropping. Operating margins have been also hit by two new plants.This is a cyclical stock. The long-term investor will take advantage of this situation and buy GT stock while it is cheap. Hanesbrands (HBI)Source: Helen89 / Shutterstock.com Dividend Yield: 3.8%5-Year Dividend Growth: 36%Price-to-Earnings Ratio: 9.1Payout Ratio: 34.3%Hanesbrands (NYSE:HBI) stock is too cheap. It sells innerwear and active-wear clothes, including its own fast-growing Champion brand. Analysts put the company's forward earnings at $1.76 and argue that Hanesbrands stock is cheap given its growth. Its active-wear product lines, in particular, are growing over 10% annually.Near $16 per share, Hanesbrands stock is trading at about 9 times earnings. HBI stock has a nice 3.8% dividend yield, which is over twice the market average. Its payout ratio (dividends/earnings) is only 34% of earnings, which is below the market average. * 7 Top-Notch REITs to Buy for Income Hanesbrands stock has grown its dividend nicely at 36% over the past five years. This looks to be a good long-term holding for investors over the next five years. Hanmi Financial (HAFC)Source: Shutterstock Dividend Yield: 5.3%5-Year Dividend Growth: 47%Price-to-Earnings Ratio: 13.1Payout Ratio: 69.2%Hanmi Financial (NASDAQ:HAFC) stock is a relatively cheap Los Angeles-based bank with 39 full-service branches and nine loan offices in a number of states. It has specialized in serving the Korean-American community in the United States.Hanmi Financial's market capitalization is $580.5 million. Dividends have grown very healthily over the past five years.HAFC has been growing earnings consistently since 2014 when it made $50 million in net income. This year analysts expect the bank to make $63 million. As a result, the dividends per share have grown 47% over that period, from 28 cents per share to 96 cents per share this year.At 1 times book value and 13 times earnings, the stock is still reasonably cheap. Given its consistent earnings and dividend growth rates, Hanmi stock looks to be a good long-term holding for patient investors. Heritage Commerce (HTBK)Source: Shutterstock Dividend Yield: 4.2%5-Year Dividend Growth: 49%Price-to-Earnings Ratio: 11.5Payout Ratio: 48.2%Heritage Commerce (NASDAQ:HTBK) is a California-based bank with 14 branches in the southern and eastern regions of the San Francisco metropolitan area. HTBK's market cap is $700 million. Heritage has had consistent earnings and dividend growth. It is a commercial bank providing loans mainly to corporations.HTBK stock offers a high 4.2% dividend yield, a low 11.5 P/E and a dividend that has grown 49% in the past five years.Heritage agreed to a merger in May 2019, but it was really an acquisition by Heritage. At the time HTBK acquired Presidio Bank, an underperforming bank. The merger received approvals from regulatory authorities and will close in the fourth quarter.The company was originally formed as a merger. I expect Heritage's management will continue to make acquisitions and mergers to grow its asset and deposit base. Over the long term, Heritage stock should continue to do quite well.As of this writing, Mark Hake did not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 AI Stocks to Buy to Profit from the Recent Tech Correction * 5 IPO Stocks With Lockup Expiration Dates Around the Corner * 3 Clean Energy ETFs for a Brighter Future The post Buy These 5 High-Yield, Fast-Growing Dividend Stocks Now appeared first on InvestorPlace.

  • Goodyear (GT) Earnings Miss Estimate in Q3, Decline Y/Y
    Zacks

    Goodyear (GT) Earnings Miss Estimate in Q3, Decline Y/Y

    Goodyear (GT) Q3 earnings miss the Zacks Consensus Estimate due to unfavorable foreign currency translation and lower third-party chemical sales.

  • Thomson Reuters StreetEvents

    Edited Transcript of GT earnings conference call or presentation 25-Oct-19 1:30pm GMT

    Q3 2019 Goodyear Tire & Rubber Co Earnings Call

  • MarketWatch

    Goodyear Tire stock jumps 9% as analysts take bullish view of earnings despite miss

    Goodyear Tire & Rubber Co. shares reversed their premarket losses to trade up about 9% Friday, as analysts weighing in on third-quarter earnings that missed estimates took a bullish stance. CFRA analyst Garrett Nelson raised his stock price target by $3 to $18, while lowering full-year and 2020 earnings estimates. "While Goddyear's Q3 results missed, we think investor expectations were low given its recent earnings track record (four misses in the past five quarters), so we think investors will take the miss in stride," Nelson wrote in a note to clients. "More importantly, Goodyear should have significantly easier comps ahead and lower oil prices should help support margins (two-thirds of its raw materials costs are petroleum based)." The analyst is expecting robust demand for higher-margin tires, which accounted for 73% of the company's total tire sales last year. The company's current 4.2% dividend yield is attractive, he wrote. CFRA rates the stock a buy. KeyBanc analysts reiterated their sector weight rating on the stock, and said they viewed the numbers as in line amid strength in Asia Pacific and favorable raw material costs. Shares have fallen 19% in 2019, while the S&P 500 has gained 20%.

  • Ohio economy 'has never performed better'
    Yahoo Finance

    Ohio economy 'has never performed better'

    Ohio unemployment rate drops nearly 6% over 10 years thanks to major companies setting up a home base in the Buckeye State.

  • Goodyear (GT) Q3 Earnings and Revenues Lag Estimates
    Zacks

    Goodyear (GT) Q3 Earnings and Revenues Lag Estimates

    Goodyear (GT) delivered earnings and revenue surprises of -10.00% and -1.82%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch

    Goodyear Tire stock slides premarket as earnings miss estimates

    Goodyear Tire & Co. shares fell 2% in premarket trade Friday, after the company missed earnings estimates for the third quarter. The company said it had net income of $88 million, or 38 cents a share, in the quarter, down from $351 million, or $1.48 a share, in the year-earlier period. The year-ago number was boosted by $287 million net gain on the company's TireHub transaction, a joint venture with Bridgestone. Adjusted per-share earnings came to 45 cents , below the 52 cents FactSet consensus. Sales fell 3% to $3.8 billion, also below the $3.9 billion FactSet consensus. "Industry conditions were softer than we anticipated in Europe and we continued to see an adverse impact from lack of alignment in our distribution channels," Chief Executive Richard Kramer said in a statement. "In response, we expect to accelerate our plans to rationalize distribution in the region." But the company said it saw strength in its U.S. consumer replacement business and solid growth in Brazil, while Asia Pacific improved thanks to the launch of new original equipment fitments in China. Shares have fallen 26% in 2019, while the S&P 500 has gained 20%.

  • TheStreet.com

    Goodyear Stock Rises Even After Third-Quarter Earnings and Revenue Miss

    The tire maker's profit drop reflected a year-earlier gain related to a joint venture with Bridgestone.

  • Auto Stock Q3 Earnings Roster for Oct 25: LEA, ALV, GT & SMP
    Zacks

    Auto Stock Q3 Earnings Roster for Oct 25: LEA, ALV, GT & SMP

    Third-quarter revenues and sales of the auto sector are expected to scale down 2% and 20.8% year over year, respectively.

  • The Goodyear Tire & Rubber Company (GT): Are Hedge Funds Right About This Stock?
    Insider Monkey

    The Goodyear Tire & Rubber Company (GT): Are Hedge Funds Right About This Stock?

    The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of June 28. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]

  • How Many The Goodyear Tire & Rubber Company (NASDAQ:GT) Shares Do Institutions Own?
    Simply Wall St.

    How Many The Goodyear Tire & Rubber Company (NASDAQ:GT) Shares Do Institutions Own?

    Every investor in The Goodyear Tire & Rubber Company (NASDAQ:GT) should be aware of the most powerful shareholder...

  • Earnings Preview: Goodyear (GT) Q3 Earnings Expected to Decline
    Zacks

    Earnings Preview: Goodyear (GT) Q3 Earnings Expected to Decline

    Goodyear (GT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • 3 Long-Term Payers Declare Quarterly Dividends
    GuruFocus.com

    3 Long-Term Payers Declare Quarterly Dividends

    These companies have rewarded shareholders for more than 2 decades Continue reading...

  • Should The Goodyear Tire & Rubber Company’s (NASDAQ:GT) Weak Investment Returns Worry You?
    Simply Wall St.

    Should The Goodyear Tire & Rubber Company’s (NASDAQ:GT) Weak Investment Returns Worry You?

    Today we'll evaluate The Goodyear Tire & Rubber Company (NASDAQ:GT) to determine whether it could have potential as an...

  • Read This Before Selling The Goodyear Tire & Rubber Company (NASDAQ:GT) Shares
    Simply Wall St.

    Read This Before Selling The Goodyear Tire & Rubber Company (NASDAQ:GT) Shares

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

  • Goodyear (GT) Catches Eye: Stock Jumps 7%
    Zacks

    Goodyear (GT) Catches Eye: Stock Jumps 7%

    Goodyear (GT) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

  • Is Goodyear Tire & Rubber (NASDAQ:GT) A Risky Investment?
    Simply Wall St.

    Is Goodyear Tire & Rubber (NASDAQ:GT) A Risky Investment?

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Why Is Goodyear (GT) Down 24.4% Since Last Earnings Report?
    Zacks

    Why Is Goodyear (GT) Down 24.4% Since Last Earnings Report?

    Goodyear (GT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • US auto and parts makers want swift resolution to US-China trade differences
    Yahoo Finance

    US auto and parts makers want swift resolution to US-China trade differences

    U.S. auto and auto parts manufacturers are encouraging the U.S. and Chinese governments to work out their differences in response to China’s announcement Friday that it would reinstate tariffs on imported U.S. automobiles and parts.

  • Moody's

    Goodyear Tire & Rubber Company (The) -- Moody's announces completion of a periodic review of ratings of Goodyear Tire & Rubber Company (The)

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Goodyear Tire & Rubber Company (The) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.