Goodyear Tire & Rubber (GT)
Goodyear Tire & Rubber (GT) is a multinational tire manufacturing company founded in 1898. It specializes in producing tires for various vehicles, including cars, trucks, and aircraft, and is known for its innovation in tire technology and manufacturing. As one of the largest tire companies globally, Goodyear has a significant presence in the automotive industry, providing products for both original equipment and replacement markets.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 2, 2020 | $0.16 | 2020-01-31 | 2020-02-03 |
| December 2, 2019 | $0.16 | 2019-10-31 | 2019-11-01 |
| September 3, 2019 | $0.16 | 2019-07-31 | 2019-08-01 |
| June 3, 2019 | $0.16 | 2019-04-30 | 2019-05-01 |
| March 1, 2019 | $0.16 | 2019-01-31 | 2019-02-01 |
Dividends Summary
- Goodyear Tire & Rubber has issued 26 dividend payments over the past 7 years
- The most recent dividend was paid 2028 days ago, on March 2, 2020
- The highest dividend payed out to investors during this period was $0.16 per share
- The average dividend paid during this period was $0.10 per share.
Company News
The TPMS market is projected to grow from 68.9 million units in 2025 to 71.4 million units by 2030, with a modest 0.7% CAGR. The report provides comprehensive insights into the global tyres and wheels sector, including market forecasts, patent analysis, and strategic company developments.
Goodyear Tire & Rubber reported a challenging Q2 2025, with non-GAAP losses, declining revenues, and reduced segment operating income. The company's performance was partially masked by a one-time gain from the Dunlop brand sale, while continuing its 'Goodyear Forward' transformation strategy.
Goodyear Tire & Rubber Co. (GT) stock has surged 28% in 2025, buoyed by a 22% increase in the last three months. Despite mixed Q1 2025 earnings, JPMorgan reiterated an Overweight rating on GT with a $17 price target, citing the company's 'Going Forward' plan and its insulation from tariffs.
JPMorgan analyst Ryan Brinkman upgraded Goodyear Tire & Rubber to Overweight with a $17 price target, citing improved execution, debt reduction, and anticipated benefits from tariffs that favor domestic tire producers.
Investors need to pay close attention to Goodyear (GT) stock based on the movements in the options market lately.
