Glatfelter (GLT) Stock Forecast, Price & News

Glatfelter's stock was trading at $2.78 on January 1st, 2023. Since then, GLT shares have decreased by 20.9% and is now trading at $2.20.
View the best growth stocks for 2023 here.

Glatfelter saw a decline in short interest in August. As of August 31st, there was short interest totaling 553,100 shares, a decline of 6.1% from the August 15th total of 589,200 shares. Based on an average daily volume of 371,600 shares, the short-interest ratio is presently 1.5 days. Approximately 1.3% of the shares of the stock are sold short.
View Glatfelter's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our GLT earnings forecast.

Glatfelter Co. (NYSE:GLT) released its quarterly earnings data on Thursday, August, 3rd. The basic materials company reported ($0.45) earnings per share for the quarter. The basic materials company earned $357.01 million during the quarter. Glatfelter had a negative net margin of 9.07% and a negative trailing twelve-month return on equity of 12.23%.

21 employees have rated Glatfelter Chief Executive Officer Dante C. Parrini on Glassdoor.com. Dante C. Parrini has an approval rating of 54% among the company's employees. This puts Dante C. Parrini in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Glatfelter investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Micron Technology (MU), Zoetis (ZTS), United Rentals (URI) and Aegean Marine Petroleum Network (ANW).

Glatfelter trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLT."

Glatfelter's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.78%), Acadian Asset Management LLC (4.03%), Dimensional Fund Advisors LP (3.50%), Charles Schwab Investment Management Inc. (2.88%), Nuveen Asset Management LLC (2.03%) and Nuveen Asset Management LLC (2.03%). Insiders that own company stock include Bruce Brown, Carlson Capital L P, Christopher W Astley, Dante C Parrini, David C Elder, J Robert Hall, Kevin Michael Fogarty and Wolfgang Laures.
View institutional ownership trends.

Shares of GLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of GLT stock can currently be purchased for approximately $2.20.

Glatfelter (NYSE:GLT) has a market capitalization of $99.11 million and generates $1.49 billion in revenue each year. The basic materials company earns $-194,210,000.00 in net income (profit) each year or ($3.00) on an earnings per share basis.

The company employs 3,250 workers across the globe.

Glatfelter's mailing address is 96 South George Street Suite 520, YORK PA, 17401. The official website for the company is www.glatfelter.com. The basic materials company can be reached via phone at (704) 885-2555, via email at ir@glatfelter.com, or via fax at 717-846-7208.