On 2016-07-13, The Goodyear Tire & Rubber Company (NASDAQ:GT) confirmed the dividend disbursement of $0.07 a share to shareholders as on record 2016-08-01. The firm will release dividend on 2016-09-01 while ex-dividend date is reported to be 2016-07-28.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, The Goodyear Tire & Rubber Company (NASDAQ:GT) paid a total of $0.07 per share in dividends. This figure stood at $0.07 a share in the same period a year ago indicating a deviation of 13.6364%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $32.2 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $41 and $20, respectively.
Taking the mathematical rating formula, the price for The Goodyear Tire & Rubber Company (NASDAQ:GT) stands at 2.4. Earnings Review The Goodyear Tire & Rubber Company (NASDAQ:GT) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $1.14.
Coming to the quarter ending on 2015-12-31, The Goodyear Tire & Rubber Company (NASDAQ:GT) recorded EPS of $1.16. The reported numbers came lower than the analysts’ estimates of $1.04, demonstrating a miss of $0.12 as against reported figures.
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