NYSE:GLT Glatfelter (GLT) Stock Forecast, Price & News $2.00 0.00 (0.00%) (As of 09/29/2023 08:53 PM ET) Add Compare Share Share Today's Range$1.99▼$2.1150-Day Range$1.89▼$3.5152-Week Range$1.83▼$4.86Volume313,700 shsAverage Volume421,365 shsMarket Capitalization$90.09 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Glatfelter MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.80% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.61Based on 3 Articles This WeekInsider TradingAcquiring Shares$754,000 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.49 out of 5 starsConstruction Sector93rd out of 97 stocksPaper Mills Industry4th out of 5 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Glatfelter. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.80% of the float of Glatfelter has been sold short.Short Interest Ratio / Days to CoverGlatfelter has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Glatfelter has recently increased by 40.75%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGlatfelter does not currently pay a dividend.Dividend GrowthGlatfelter does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GLT. Previous Next 1.3 News and Social Media Coverage News SentimentGlatfelter has a news sentiment score of -0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Glatfelter this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for GLT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows1 people have added Glatfelter to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Glatfelter insiders have bought more of their company's stock than they have sold. Specifically, they have bought $754,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.59% of the stock of Glatfelter is held by insiders.Percentage Held by Institutions79.27% of the stock of Glatfelter is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Glatfelter is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Glatfelter is -0.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGlatfelter has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Glatfelter (NYSE:GLT) StockGlatfelter Corporation, together with its subsidiaries, manufactures and sells engineered materials worldwide. It operates through three segments: Composite Fibers, Airlaid Materials, and Spunlace. The Composite Fibers segment offers food and beverage filtration materials for single-serve coffee and tea products; wallcover base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wraps, and other consumer product applications; composite laminates consisting of decorative laminates for use in furniture, household and commercial flooring, and other applications; and specialty engineered products, which are used in electrical energy storage, home, hygiene, and other engineered fiber-based applications. The Airlaid Materials segment supplies absorbent cellulose-based airlaid nonwoven materials that are used to manufacture consumer products, such as feminine hygiene and other hygiene products, specialty wipes, tabletop, adult incontinence, home care, food pads, and other consumer and industrial products. The Spunlace segment manufactures spunlace nonwovens for cleaning, high-performance materials, personal care, hygiene, and medical applications. The company was formerly known as P. H. Glatfelter Company. Glatfelter Corporation was founded in 1864 and is headquartered in Charlotte, North Carolina.Read More GLT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GLT Stock News HeadlinesSeptember 26, 2023 | finance.yahoo.comGlatfelter Announces Resignation of Director Lee C. StewartSeptember 26, 2023 | money.usnews.comGlatfelter CorporationOctober 2, 2023 | UNKNOWN (Ad)Med-Tech Stock Set To Rally!With All The News That This Bio- Tech Stock Has had It Could Be Set To Rally!September 19, 2023 | finance.yahoo.comHygienix Innovation Award™ Finalist: Glatfelter’s GlatPure™ RangeSeptember 12, 2023 | finance.yahoo.comPositive week for Glatfelter Corporation (NYSE:GLT) institutional investors who lost 46% over the past yearSeptember 8, 2023 | finance.yahoo.comCarlson Capital L P Increases Stake in Glatfelter CorpSeptember 8, 2023 | finance.yahoo.comGlatfelter & Ekman Initiate Partnership To Sell Abaca Pulp GloballyAugust 18, 2023 | finance.yahoo.comCarlson Capital L P Acquires Stake in Glatfelter CorpOctober 2, 2023 | UNKNOWN (Ad)Med-Tech Stock Set To Rally!With All The News That This Bio- Tech Stock Has had It Could Be Set To Rally!August 18, 2023 | benzinga.comGlatfelter Recent Insider ActivityAugust 15, 2023 | finance.yahoo.comGlatfelter Announces Sale of Ober-Schmitten, Germany FacilityAugust 8, 2023 | finance.yahoo.comGlatfelter Corporation (NYSE:GLT) Q2 2023 Earnings Call TranscriptAugust 3, 2023 | finance.yahoo.comGlatfelter (GLT) Q2 2023 Earnings Call TranscriptJune 15, 2023 | finance.yahoo.comGlatfelter’s GlatPure™ ADL and Absorbent Core Earns OK Biobased Certification from TUV AustriaJune 1, 2023 | finance.yahoo.comGlatfelter Corporation to present at the Sidoti Summer Small Cap Virtual Conference on June 14thJune 1, 2023 | bizjournals.comCharlotte manufacturer closing underperforming Germany facility as part of turnaround strategyMay 31, 2023 | bizjournals.comGlatfelter closing underperforming Germany facility as part of turnaround strategyMay 31, 2023 | finance.yahoo.comGlatfelter Announces Closure of Ober-Schmitten, Germany FacilityMay 26, 2023 | fool.comGlatfelter (NYSE: GLT)May 12, 2023 | finance.yahoo.comInsider Spends US$235k Buying More Shares In Glatfelter \May 5, 2023 | finance.yahoo.comGlatfelter (GLT) Q1 2023 Earnings Call TranscriptApril 13, 2023 | finance.yahoo.comGlatfelter to Showcase Newest Product Offerings at INDEX™23April 5, 2023 | finance.yahoo.comGlatfelter Appoints New Chief Operating OfficerApril 3, 2023 | finance.yahoo.comGlatfelter Announces Milestone Anniversary for Sontara®April 3, 2023 | finance.yahoo.comWith 71% ownership of the shares, Glatfelter Corporation (NYSE:GLT) is heavily dominated by institutional ownersMarch 30, 2023 | finance.yahoo.comGlatfelter Corporation Announces Successful Completion of Refinancing PlanFebruary 23, 2023 | finance.yahoo.comGlatfelter Corporation to Present at the J.P. Morgan Global High Yield & Leveraged Finance ConferenceSee More Headlines Receive GLT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Glatfelter and its competitors with MarketBeat's FREE daily newsletter. Email Address GLT Company Calendar Last Earnings8/03/2023Today10/01/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Paper mills Sub-IndustryPaper Products SectorConstruction Current SymbolNYSE:GLT CUSIP37731610 CIK41719 Webwww.glatfelter.com Phone(704) 885-2555Fax717-846-7208Employees3,250Year Founded1864Profitability EPS (Most Recent Fiscal Year)($3.00) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-194,210,000.00 Net Margins-9.07% Pretax Margin-8.09% Return on Equity-12.23% Return on Assets-2.31% Debt Debt-to-Equity Ratio3.06 Current Ratio2.34 Quick Ratio1.14 Sales & Book Value Annual Sales$1.49 billion Price / Sales0.06 Cash Flow$5.41 per share Price / Cash Flow0.37 Book Value$7.10 per share Price / Book0.28Miscellaneous Outstanding Shares45,050,000Free Float43,879,000Market Cap$90.10 million OptionableOptionable Beta1.76 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Thomas M. Fahnemann (Age 62)CEO, Pres & Director Comp: $649.78kMr. Ramesh Shettigar (Age 47)Sr. VP, CFO & Treasurer Comp: $433.98kMr. David C. Elder (Age 54)Chief Accounting Officer & VP of Fin. Comp: $372.82kMr. Boris Illetschko (Age 51)Sr. VP & COO Ms. Eileen L. Beck (Age 60)Sr. VP, Global HR & Admin. Ms. Jill L. Urey (Age 56)VP, Chief Legal & Compliance Officer & Corp. Sec. More ExecutivesKey CompetitorsSmith-MidlandNASDAQ:SMIDComstock Holding CompaniesNASDAQ:CHCIOrion Energy SystemsNASDAQ:OESXDIRTT Environmental SolutionsNASDAQ:DRTTCaesarstoneNASDAQ:CSTEView All CompetitorsInsiders & InstitutionsBarclays PLCSold 19,849 shares on 9/21/2023Ownership: 0.052%Carlson Capital L PBought 200,000 shares on 9/5/2023Total: $384,000.00 ($1.92/share)Nuveen Asset Management LLCBought 490,875 shares on 8/16/2023Ownership: 2.031%Carlson Capital L PBought 185,000 shares on 8/15/2023Total: $370,000.00 ($2.00/share)Wells Fargo & Company MNBought 5,312 shares on 8/15/2023Ownership: 0.742%View All Insider TransactionsView All Institutional Transactions GLT Stock - Frequently Asked Questions How have GLT shares performed in 2023? Glatfelter's stock was trading at $2.78 at the start of the year. Since then, GLT shares have decreased by 28.1% and is now trading at $2.00. View the best growth stocks for 2023 here. Are investors shorting Glatfelter? Glatfelter saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 778,500 shares, an increase of 40.8% from the August 31st total of 553,100 shares. Based on an average trading volume of 369,200 shares, the short-interest ratio is presently 2.1 days. Currently, 1.8% of the shares of the stock are short sold. View Glatfelter's Short Interest. When is Glatfelter's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our GLT earnings forecast. How were Glatfelter's earnings last quarter? Glatfelter Co. (NYSE:GLT) released its quarterly earnings results on Thursday, August, 3rd. The basic materials company reported ($0.45) earnings per share (EPS) for the quarter. The basic materials company had revenue of $357.01 million for the quarter. Glatfelter had a negative net margin of 9.07% and a negative trailing twelve-month return on equity of 12.23%. What is Dante C. Parrini's approval rating as Glatfelter's CEO? 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. What other stocks do shareholders of Glatfelter own? 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). What is Glatfelter's stock symbol? Glatfelter trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLT." How do I buy shares of Glatfelter? 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. What is Glatfelter's stock price today? One share of GLT stock can currently be purchased for approximately $2.00. How much money does Glatfelter make? Glatfelter (NYSE:GLT) has a market capitalization of $90.10 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. How many employees does Glatfelter have? The company employs 3,250 workers across the globe. How can I contact Glatfelter? 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. This page (NYSE:GLT) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Glatfelter Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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