Glatfelter - GLT Stock Forecast, Price & News

0 Wall Street research analysts have issued 12 month target prices for Glatfelter's stock. Their GLT share price forecasts range from $12.00 to $12.00. On average, they predict the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 224.3% 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 $17.20 at the start of the year. Since then, GLT shares have decreased by 78.5% and is now trading at $3.70.
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Glatfelter saw a decrease in short interest in November. As of November 15th, there was short interest totaling 1,100,000 shares, a decrease of 37.5% from the October 31st total of 1,760,000 shares. Based on an average daily trading volume, of 1,260,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.5% of the company's stock are sold short.
View Glatfelter's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our GLT earnings forecast.

Glatfelter Co. (NYSE:GLT) released its earnings results on Thursday, November, 3rd. The basic materials company reported ($0.10) earnings per share for the quarter. The basic materials company had revenue of $371.78 million for the quarter. Glatfelter had a negative net margin of 11.73% and a negative trailing twelve-month return on equity of 2.50%.

Glatfelter announced 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 dividend on an annualized basis and a yield of 15.14%. The ex-dividend date is Thursday, June 30th.
Read our dividend analysis for GLT.

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 a variety of institutional and retail investors. Top institutional shareholders include Carlson Capital L P (9.74%), BlackRock Inc. (7.07%), Segall Bryant & Hamill LLC (6.87%), Dimensional Fund Advisors LP (5.49%), Vanguard Group Inc. (4.86%) and Systematic Financial Management LP (2.35%). Insiders that own company stock include Bruce Brown, Christopher W Astley, Dante C Parrini and J Robert Hall.
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 $3.70.

Glatfelter (NYSE:GLT) has a market capitalization of $165.75 million and generates $1.08 billion in revenue each year. The basic materials company earns $6.94 million in net income (profit) each year or ($3.80) on an earnings per share basis.

The company employs 3,235 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 (717) 850-0170, via email at ir@glatfelter.com, or via fax at 717-846-7208.