NYSE:GLT Glatfelter - GLT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $2.69 -0.02 (-0.74%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$2.67▼$2.7950-Day Range$2.69▼$4.7252-Week Range$2.08▼$13.78Volume549,907 shsAverage Volume525,968 shsMarket Capitalization$120.59 millionP/E RatioN/ADividend YieldN/APrice Target$12.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Glatfelter MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside346.1% Upside$12.00 Price TargetShort InterestHealthy2.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$1.06 M 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.1.83 out of 5 starsConstruction Sector88th out of 106 stocksPaper Mills Industry5th out of 6 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, Glatfelter has a forecasted upside of 346.1% from its current price of $2.69.Amount of Analyst CoverageGlatfelter has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.30% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Glatfelter has recently decreased by 0.13%, indicating that investor sentiment is improving. 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 1.9 News and Social Media Coverage News SentimentGlatfelter has a news sentiment score of 0.45. 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 news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 1 news article for Glatfelter this week, compared to 1 article on an average week.Search InterestOnly 5 people have searched for GLT on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat Follows3 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 $1,061,416.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of Glatfelter is held by insiders.Percentage Held by Institutions89.07% 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 -0.62, 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 -0.62, 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 0.38. 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 Corp. engages in the manufacture of papers and fiber-based engineered materials. It operates through the Composite Fibers and Airlaid Materials segments. The Composite Fibers segment offers food and beverage filtration materials, wallcover base materials, technical specialties, composite laminates decorative laminate solution, and metallized products. The Airlaid Materials segment supplies absorbent and engineered cellulose-based airlaid nonwoven materials for the manufacturing of consumer products for end-user markets. The company was founded by Philip H. Glatfelter in 1864 and is headquartered in Charlotte, NC.Read More 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 Stock News HeadlinesFebruary 23, 2023 | finance.yahoo.comGlatfelter Corporation to Present at the J.P. Morgan Global High Yield & Leveraged Finance ConferenceFebruary 21, 2023 | msn.comGlatfelter Corporation Non-GAAP EPS of -$0.16, revenue of $373.9MMarch 20, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!February 18, 2023 | finance.yahoo.comBullish insiders at Glatfelter Corporation (NYSE:GLT) loaded up on US$1.1m of stock earlier this yearFebruary 8, 2023 | finance.yahoo.comGlatfelter Corporation to Report Earnings on February 21stJanuary 24, 2023 | finance.yahoo.comIs Glatfelter Corporation (GLT) a Worthy Investment?January 22, 2023 | finance.yahoo.comGlatfelter (NYSE:GLT) investors are sitting on a loss of 83% if they invested five years agoJanuary 21, 2023 | thestreet.comPH Glatfelter Stock To Go Ex-dividend Tomorrow (GLT)March 20, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!January 5, 2023 | seekingalpha.comGlatfelter: Turnaround Strategy Faces A Make-Or-Break 2023December 26, 2022 | finance.yahoo.comGlatfelter Corporation (GLT) Stock Historical Prices & Data - Yahoo FinanceDecember 26, 2022 | finance.yahoo.comWhat Is Glatfelter Corporation's (NYSE:GLT) Share Price Doing?November 16, 2022 | finance.yahoo.comGlatfelter Corporation to Attend the Bank of America 2022 Leveraged Finance ConferenceNovember 9, 2022 | finance.yahoo.comGlatfelter Third Quarter 2022 Earnings: Misses ExpectationsNovember 4, 2022 | finance.yahoo.comGlatfelter (GLT) Q3 2022 Earnings Call TranscriptNovember 3, 2022 | finance.yahoo.comGlatfelter Reports Third Quarter Results Including Turnaround Strategy To Drive Improved Profitability Under New CEOOctober 25, 2022 | seekingalpha.comGlatfelter: Serious SituationOctober 25, 2022 | finance.yahoo.comGlatfelter Corporation (NYSE:GLT) is a favorite amongst institutional investors who own 72%October 18, 2022 | benzinga.comGlatfelter shares are trading higher after a 13D filing showed Carlson Capital reported a 12.1% stake in the company. - Glatfelter (NYSE:GLT) - BenzingaOctober 17, 2022 | investing.comAfter-Hours Movers: FuboTV Gains on Strong Q3, Silk Road Falls on Offering By Investing.com - Investing.comOctober 8, 2022 | nasdaq.comEstimating The Intrinsic Value Of Glatfelter Corporation (NYSE:GLT)October 8, 2022 | finance.yahoo.comCalculating The Fair Value Of Glatfelter Corporation (NYSE:GLT)October 6, 2022 | seekingalpha.comConsolidated Water among energy/materials gainers, Flexible Solutions in losers pack - Seeking AlphaOctober 6, 2022 | seekingalpha.comConsolidated Water among energy/materials gainers, Flexible Solutions in losers pack - Seeking AlphaSeptember 30, 2022 | finance.yahoo.comNon-Woven Fabrics Global Market Report 2022 - Yahoo FinanceSeptember 21, 2022 | investing.comOne Dividend Hike and One Dividend Cut of Note By Investing.com - Investing.comSeptember 21, 2022 | marketwatch.comGlatfelter Suspends Dividend >GLT - MarketWatchSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings11/01/2021Today3/20/2023Next Earnings (Estimated)5/02/2023Fiscal 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 Founded1864Price Target and Rating Average Stock Price Forecast$12.00 High Stock Price Forecast$12.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+342.8%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)($4.33) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-194,210,000.00 Net Margins-13.02% Pretax Margin-13.70% Return on Equity-5.27% Return on Assets-1.13% Debt Debt-to-Equity Ratio2.49 Current Ratio1.89 Quick Ratio1.03 Sales & Book Value Annual Sales$1.49 billion Price / Sales0.08 Cash Flow$5.31 per share Price / Cash Flow0.51 Book Value$7.10 per share Price / Book0.38Miscellaneous Outstanding Shares44,830,000Free Float44,110,000Market Cap$121.49 million OptionableOptionable Beta1.66 Social Links Key ExecutivesThomas Michael FahnemannPresident, Chief Executive Officer & DirectorRamesh ShettigarChief Financial Officer, Treasurer & Senior VPWolfgang LauresSVP-Integrated Global Supply Chain & ITJill L. UreySecretary, VP, Chief Legal & Compliance OfficerChristopher W. AstleyChief Commercial Officer & Senior Vice PresidentKey CompetitorsAenza S.A.A.NYSE:AENZCaesarstoneNASDAQ:CSTELimbachNASDAQ:LMBOrion GroupNYSE:ORNOrion Energy SystemsNASDAQ:OESXView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCSold 137,255 shares on 2/28/2023Ownership: 1.507%David C ElderBought 8,800 shares on 2/24/2023Total: $30,976.00 ($3.52/share)Wolfgang LauresBought 277,000 shares on 2/23/2023Total: $1.03 M ($3.72/share)DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am MainBought 54,027 shares on 2/16/2023Ownership: 0.121%Alliancebernstein L.P.Bought 10,800 shares on 2/16/2023Ownership: 0.072%View All Insider TransactionsView All Institutional Transactions GLT Stock - Frequently Asked Questions What is Glatfelter's stock price forecast for 2023? 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. How have GLT shares performed in 2023? 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. Are investors shorting Glatfelter? 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. When is Glatfelter's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our GLT earnings forecast. How were Glatfelter's earnings last quarter? 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%. How often does Glatfelter pay dividends? What is the dividend yield for Glatfelter? 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. What ETF holds Glatfelter's stock ? RiverFront Dynamic US Flex-Cap ETF holds 6,112 shares of GLT stock, representing 0.08% of its portfolio. 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." Who are Glatfelter's major shareholders? 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. 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 $2.69. How much money does Glatfelter make? 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. 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 3/20/2023 by MarketBeat.com Staff 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. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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