Glatfelter - GLT Stock Forecast, Price & News

0 analysts have issued twelve-month price targets for Glatfelter's shares. Their GLT share price forecasts range from $12.00 to $12.00. On average, they anticipate the company's share price to reach $12.00 in the next year. This suggests a possible upside of 346.1% from the stock's current price.
View analysts price targets for GLT or view top-rated stocks among Wall Street analysts.

Glatfelter's stock was trading at $2.78 at the beginning of the year. Since then, GLT shares have decreased by 3.2% and is now trading at $2.69.
View the best growth stocks for 2023 here.

Glatfelter saw a drop in short interest in February. As of February 15th, there was short interest totaling 982,100 shares, a drop of 18.8% from the January 31st total of 1,210,000 shares. Based on an average daily volume of 510,300 shares, the short-interest ratio is presently 1.9 days. Currently, 2.3% of the shares of the company are sold short.
View Glatfelter's Short Interest.

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

Glatfelter Co. (NYSE:GLT) posted its quarterly earnings data on Monday, November, 1st. The basic materials company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. The basic materials company had revenue of $279.65 million for the quarter. Glatfelter had a negative trailing twelve-month return on equity of 5.27% and a negative net margin of 13.02%.

Glatfelter declared a quarterly dividend on Friday, May 6th. Investors of record on Friday, July 1st will be paid a dividend of $0.14 per share on Monday, August 1st. This represents a $0.56 annualized dividend and a dividend yield of 20.82%. The ex-dividend date is Thursday, June 30th.
Read our dividend analysis for GLT.

RiverFront Dynamic US Flex-Cap ETF holds 6,112 shares of GLT stock, representing 0.08% of its portfolio.

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 institutional and retail investors. Top institutional shareholders include Millennium Management LLC (4.13%), Dimensional Fund Advisors LP (4.12%), Charles Schwab Investment Management Inc. (2.02%), Morgan Stanley (2.02%), Amitell Capital Pte Ltd (1.99%) and Marshall Wace LLP (1.85%). Insiders that own company stock include Bruce Brown, Christopher W Astley, Dante C Parrini, David C Elder, J Robert Hall 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.
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One share of GLT stock can currently be purchased for approximately $2.69.

Glatfelter (NYSE:GLT) has a market capitalization of $120.59 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 ($4.33) 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.