In the latest trading session,, 1.41 million Goodyear Tire & Rubber Co (NASDAQ:GT) shares changed hands as the company’s beta touched 1.37. With the company’s most recent per share price at $10.62 changed hands at -$0.04 or -0.33% at last look, the market valuation stands at $3.04B. GT’s current price is a discount, trading about -18.46% off its 52-week high of $12.58. The share price had its 52-week low at $7.27, which suggests the last value was 31.54% up since then. When we look at Goodyear Tire & Rubber Co’s average trading volume, we note the 10-day average is 6.68 million shares, with the 3-month average coming to 6.68 million.
Analysts gave the Goodyear Tire & Rubber Co (GT) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.64. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended GT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Goodyear Tire & Rubber Co (NASDAQ:GT) trade information
Instantly GT was in red as seen in intraday trades today. With action 2.36%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -6.39%, with the 5-day performance at 2.36% in the green. However, in the 30-day time frame, Goodyear Tire & Rubber Co (NASDAQ:GT) is -5.13% down. Looking at the short shares, we see there were 20.8 million shares sold at short interest cover period of 3.61 days.
The consensus price target for the stock as assigned by Wall Street analysts is 15, meaning bulls need an upside of 29.2% from its recent market value. According to analyst projections, GT’s forecast low is 14 with 19 as the target high. To hit the forecast high, the stock’s price needs a -78.91% plunge from its current level, while the stock would need to soar -31.83% for it to hit the projected low.
The 2025 estimates are for Goodyear Tire & Rubber Co earnings to increase by 23.90%, but the outlook for the next 5-year period is at 27.52% per year.
GT Dividends
Goodyear Tire & Rubber Co is expected to release its next quarterly earnings report on 2025-May-07. During the past 5 years, the average dividend yield was 2.81 per year.
Goodyear Tire & Rubber Co (NASDAQ:GT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 9.55% of Goodyear Tire & Rubber Co shares while 87.75% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 97.02%. There are 87.75% institutions holding the Goodyear Tire & Rubber Co stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 12.2687% of the shares, roughly 35.21 million GT shares worth $399.65 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.3536% or 29.71 million shares worth $337.26 million as of 2024-06-30.
Among Mutual Funds, the top two as of May 31, 2025 were American Century ETF Trust-Avantis U.S. Small Cap Value ETF and iShares Trust-iShares Core S&P Mid-Cap ETF . With 9.85 shares estimated at $105.64 million under it, the former controlled 3.45% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held about 3.24% of the shares, roughly 9.26 shares worth around $99.24 million.
