P. H. Glatfelter Company is a manufacturer of specialty papers and fiber-based engineered materials. The Company operates through three business units: Composite Fibers, Advanced Airlaid Materials and Specialty Papers. Its Composite Fibers business unit is engaged in the sale of single-serve tea and coffee filtration papers, non-woven wallcovering materials, metallized papers, composite laminates papers, and various technically special papers, including substrates for electrical applications. Its Advanced Airlaid Materials is engaged in the sale of airlaid non-woven fabric-like materials used in feminine hygiene and adult incontinence products, wipes and other airlaid applications. Its Specialty Papers business unit is engaged in the sale of papers for carbonless and other forms, envelopes, book publishing and engineered products, such as papers for high-speed ink jet printing, office specialty products, greeting cards, postal and other specialty applications.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Paper Mills & Products
- Sub-Industry: Paper Products
- Symbol: NYSE:GLT
- CUSIP: 37731610
- Web: www.glatfelter.com
- Market Cap: $732.19 million
- Outstanding Shares: 43,584,000
- 50 Day Moving Avg: $18.81
- 200 Day Moving Avg: $20.20
- 52 Week Range: $16.64 - $25.59
Sales & Book Value:
- Trailing P/E Ratio: 79.62
- Foreward P/E Ratio: 11.20
- P/E Growth: 1.64
- Annual Revenue: $1.58 billion
- Price / Sales: 0.46
- Book Value: $15.72 per share
- Price / Book: 1.07
- Annual Dividend: $0.52
- Dividend Yield: 3.1%
- EBIDTA: $82.77 million
- Net Margins: 0.59%
- Return on Equity: 8.32%
- Return on Assets: 3.57%
- Debt-to-Equity Ratio: 0.63%
- Current Ratio: 1.59%
- Quick Ratio: 0.82%
- Average Volume: 188,277 shs.
- Beta: 1.31
- Short Ratio: 3.1
Frequently Asked Questions for Glatfelter (NYSE:GLT)
What is Glatfelter's stock symbol?
Glatfelter trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLT."
How often does Glatfelter pay dividends? What is the dividend yield for Glatfelter?
Glatfelter announced a quarterly dividend on Thursday, May 4th. Shareholders of record on Monday, July 3rd will be given a dividend of $0.13 per share on Tuesday, August 1st. This represents a $0.52 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date of this dividend is Thursday, June 29th. View Glatfelter's Dividend History.
How were Glatfelter's earnings last quarter?
Glatfelter (NYSE:GLT) released its quarterly earnings results on Tuesday, August, 1st. The company reported ($0.06) EPS for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.14. The company earned $387.30 million during the quarter, compared to analyst estimates of $394.84 million. Glatfelter had a return on equity of 8.32% and a net margin of 0.59%. The company's revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.06 EPS. View Glatfelter's Earnings History.
When will Glatfelter make its next earnings announcement?
Where is Glatfelter's stock going? Where will Glatfelter's stock price be in 2017?
2 analysts have issued 1 year price objectives for Glatfelter's stock. Their predictions range from $24.00 to $25.00. On average, they expect Glatfelter's stock price to reach $24.50 in the next year. View Analyst Ratings for Glatfelter.
Who are some of Glatfelter's key competitors?
Some companies that are related to Glatfelter include Terra Nitrogen Company, L.P. (TNH), Sibanye Gold Limited (SBGL), Cascades (CAS), Enerflex Ltd (EFX), Innospec (IOSP), CES Energy Solutions Corp (CEU), Eldorado Gold Corporation (EGO), MEG Energy Corp (MEG), Hochschild Mining Plc (HOC), NovaGold Resources (NG), Elementis plc (ELM), Neenah Paper (NP), Breedon Group PLC (BREE), MAG Silver Corp (MAG), Orion Engineered Carbons S.A (OEC), Interfor Corp (IFP), Secure Energy Services (SES) and Sirius Minerals PLC (SXX).
Who are Glatfelter's key executives?
Glatfelter's management team includes the folowing people:
- Dante C. Parrini, Chairman of the Board, Chief Executive Officer
- John P. Jacunski, Chief Financial Officer, Executive Vice President, Business Unit President - Specialty Papers
- Christopher W. Astley, Senior Vice President - Business Unit President, Advanced Airlaid Materials
- Timothy R. Hess, Senior Vice President & Business Unit President, Specialty Papers
- Martin Rapp, Senior Vice President - Business Unit President, Composite Fibers
- Joseph J. Zakutney, Chief Information Officer, Vice President
- David C. Elder, Vice President - Finance, Chief Accounting Officer
- Kent K. Matsumoto, Vice President, General Counsel, Corporate Secretary
- Samuel L. Hillard, Vice President - Corporate Development & Strategy
- Kathleen A. Dahlberg, Lead Independent Director
Who owns Glatfelter stock?
Glatfelter's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.01%), Vanguard Group Inc. (9.34%), Dimensional Fund Advisors LP (8.40%), Victory Capital Management Inc. (3.43%), Northern Trust Corp (3.40%) and LSV Asset Management (2.98%). Company insiders that own Glatfelter stock include Dante C Parrini, David C Elder and Nicholas Debenedictis. View Institutional Ownership Trends for Glatfelter.
Who sold Glatfelter stock? Who is selling Glatfelter stock?
Glatfelter's stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, BlackRock Inc., Goldman Sachs Group Inc., First Trust Advisors LP, Wells Fargo & Company MN, Employees Retirement System of Texas, California Public Employees Retirement System and Bank of New York Mellon Corp. View Insider Buying and Selling for Glatfelter.
Who bought Glatfelter stock? Who is buying Glatfelter stock?
Glatfelter's stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Denver Investment Advisors LLC, Deroy & Devereaux Private Investment Counsel Inc., Investment Counselors of Maryland LLC, Penn Capital Management Co. Inc., First Manhattan Co., Ameriprise Financial Inc. and Vanguard Group Inc.. Company insiders that have bought Glatfelter stock in the last two years include Dante C Parrini and Nicholas Debenedictis. View Insider Buying and Selling for Glatfelter.
How do I buy Glatfelter stock?
Shares of Glatfelter can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Glatfelter's stock price today?
MarketBeat Community Rating for Glatfelter (NYSE GLT)MarketBeat's community ratings are surveys of what our community members think about Glatfelter and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Glatfelter stock can currently be purchased for approximately $16.80.
Consensus Ratings for Glatfelter (NYSE:GLT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 1 Buy Rating|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$24.50 (45.83% upside)|
Analysts' Ratings History for Glatfelter (NYSE:GLT)
(Data available from 8/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/15/2017||BMO Capital Markets||Upgrade||Market Perform -> Outperform||$23.00 -> $24.00||Low|
|12/7/2016||DA Davidson||Downgrade||Buy -> Neutral||$22.00 -> $25.00||N/A|
|6/15/2016||Deutsche Bank AG||Reiterated Rating||Neutral -> Hold||N/A|
Earnings History for Glatfelter (NYSE:GLT)Earnings History by Quarter for Glatfelter (NYSE GLT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$0.08||($0.06)||$394.84 million||$387.30 million||View||Listen|
|5/2/2017||Q1 2017||$0.37||$0.39||$400.65 million||$390.70 million||View||Listen|
|2/7/2017||Q416||$0.42||$0.40||$398.62 million||$390.90 million||View||Listen|
|11/1/2016||Q316||$0.55||$0.54||$426.09 million||$405.30 million||View||N/A|
|8/2/2016||Q216||$0.03||$0.06||$411.22 million||$406.40 million||View||N/A|
|5/3/2016||Q116||$0.41||$0.37||$412.14 million||$402.20 million||View||N/A|
|2/9/2016||Q415||$0.44||$0.52||$415.32 million||$414.60 million||View||N/A|
|11/3/2015||Q315||$0.60||$0.47||$426.52 million||$420.00 million||View||Listen|
|8/4/2015||Q215||$0.05||$0.04||$435.32 million||$410.80 million||View||N/A|
|5/5/2015||Q115||$0.27||$0.30||$454.96 million||$417.50 million||View||N/A|
|2/5/2015||Q414||$0.54||$0.45||$441.90 million||$436.30 million||View||Listen|
|11/4/2014||Q314||$0.63||$0.70||$485.40 million||$465.10 million||View||Listen|
|7/29/2014||Q214||$0.12||$0.09||$481.13 million||$445.30 million||View||Listen|
|4/29/2014||Q114||$0.35||$0.32||$468.00 million||$455.70 million||View||Listen|
|2/13/2014||Q413||$0.56||$0.34||$448.52 million||$434.80 million||View||Listen|
|10/29/2013||Q313||$0.57||$0.55||$457.59 million||$456.60 million||View||Listen|
|7/30/2013||Q2 2013||$0.07||$0.12||$425.20 million||$426.00 million||View||Listen|
|4/30/2013||Q1 2013||$0.38||$0.40||$412.45 million||$405.20 million||View||Listen|
|2/7/2013||Q4 2012||$0.36||$0.26||$385.89 million||$391.40 million||View||Listen|
|10/31/2012||Q312||$0.41||$0.44||$402.94 million||$404.40 million||View||N/A|
Earnings Estimates for Glatfelter (NYSE:GLT)
2017 EPS Consensus Estimate: $1.16
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Glatfelter (NYSE:GLT)
|Most Recent Dividend:||8/1/2017|
|Dividend Growth:||-1.30% (3 Year Average)|
|Payout Ratio:||260.01% (Trailing 12 Months of Earnings) |
47.27% (Based on This Year's Estimates)
34.67% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Glatfelter (NYSE GLT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Glatfelter (NYSE:GLT)
Insider Ownership Percentage: 2.30%Insider Trades by Quarter for Glatfelter (NYSE:GLT)
Institutional Ownership Percentage: 92.39%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/8/2017||Nicholas Debenedictis||Director||Buy||5,000||$17.62||$88,100.00|| |
|8/3/2017||Dante C Parrini||Chairman||Buy||5,800||$17.28||$100,224.00|| |
|8/5/2016||David C Elder||Insider||Sell||700||$21.69||$15,183.00|| |
|9/4/2015||Nicholas Debenedictis||Director||Buy||2,500||$17.25||$43,125.00|| |
|8/25/2015||Nicholas Debenedictis||Director||Buy||2,500||$17.45||$43,625.00|| |
|8/19/2015||Nicholas Debenedictis||Director||Buy||1,690||$18.55||$31,349.50|| |
|8/13/2015||Nicholas Debenedictis||Director||Buy||3,310||$18.65||$61,731.50|| |
|12/9/2014||Martin Rapp||VP||Sell||2,500||$24.76||$61,900.00|| |
|12/8/2014||Martin Rapp||VP||Sell||17,500||$25.28||$442,400.00|| |
|11/18/2014||Dante C Parrini||CEO||Sell||17,563||$26.73||$469,458.99|| |
|11/14/2014||William T Yanavitch II||VP||Sell||19,908||$26.80||$533,534.40|| |
|11/12/2014||John P Jacunski||CFO||Sell||10,532||$26.81||$282,362.92|| |
|8/4/2014||Nicholas Debenedictis||Director||Buy||5,000||$23.99||$119,950.00|| |
|3/6/2014||Richard Smoot||Director||Sell||4,000||$30.49||$121,960.00|| |
|5/14/2013||Lee C Stewart||Director||Sell||2,500||$24.87||$62,175.00|| |
Headline Trends for Glatfelter (NYSE:GLT)
Latest Headlines for Glatfelter (NYSE:GLT)
Glatfelter (GLT) Chart for Wednesday, August, 23, 2017