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
Capitalization:- Market Cap: $787.56 million
- Outstanding Shares: 43,583,000
Average Prices:- 50 Day Moving Avg: $17.39
- 200 Day Moving Avg: $19.37
- 52 Week Range: $16.53 - $25.59
P/E:- Trailing P/E Ratio: 86.64
- Foreward P/E Ratio: 12.69
- P/E Growth: 1.76
Sales & Book Value:- Annual Revenue: $1.58 billion
- Price / Sales: 0.50
- Book Value: $15.72 per share
- Price / Book: 1.16
Dividend:- Annual Dividend: $0.52
- Dividend Yield: 2.9%
Profitability:- EBIDTA: $82.77 million
- Net Margins: 0.59%
- Return on Equity: 8.32%
- Return on Assets: 3.57%
Debt:- Debt-to-Equity Ratio: 0.63%
- Current Ratio: 1.59%
- Quick Ratio: 0.82%
Misc:- Average Volume: 172,730 shs.
- Beta: 1.33
- 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 paid a dividend of $0.13 per share on Tuesday, August 1st. This represents a $0.52 annualized dividend and a yield of 2.84%. The ex-dividend date is Thursday, June 29th. View Glatfelter's Dividend History.
How were Glatfelter's earnings last quarter?
Glatfelter (NYSE:GLT) announced its quarterly earnings results on Tuesday, August, 1st. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.14. The firm had revenue of $387.30 million for the quarter, compared to analysts' expectations of $394.84 million. Glatfelter had a net margin of 0.59% and a return on equity of 8.32%. The business's quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior 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 brokers have issued 12-month price targets for Glatfelter's shares. Their forecasts range from $24.00 to $25.00. On average, they expect Glatfelter's share price to reach $24.50 in the next twelve months. View Analyst Ratings for Glatfelter.
Who are some of Glatfelter's key competitors?
Some companies that are related to Glatfelter include Pretium Resources (PVG), MEG Energy Corp (MEG), Pason Systems (PSI), CES Energy Solutions Corp (CEU), Torex Gold Resources (TXG), Enerflex Ltd (EFX), Cascades (CAS), Advantage Oil & Gas (AAV), SSAB SVENSKT (SSAAY), Terra Nitrogen Company, L.P. (TNH), Usinas Siderurgicas de Minas Gerais SA (USNZY), Labrador Iron Ore Royalty Corporation (LIF), Innospec (IOSP), Cosan Limited (CZZ), Neenah Paper (NP), Trican Well Service Ltd (TCW), NovaGold Resources (NG) and Nuvista Energy Ltd (NVA).
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 many different 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?
One share of Glatfelter stock can currently be purchased for approximately $18.28.
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.
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 (34.03% upside) |
Analysts' Ratings History for Glatfelter (NYSE:GLT)
Show:
| 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 | |
| 12/16/2015 | Sidoti | Initiated Coverage | Buy | $25.00 | N/A | |
(Data available from 9/19/2015 forward)
Earnings History for Glatfelter (NYSE:GLT)Earnings History by Quarter for Glatfelter (NYSE GLT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/30/2017 | | $0.40 | | | | | N/A | |
| 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 | |
| 7/31/2012 | | $0.06 | $0.12 | | | View | N/A | |
| 5/1/2012 | | $0.39 | $0.43 | | | View | N/A | |
| 2/7/2012 | | $0.27 | $0.32 | | | View | N/A | |
| 11/1/2011 | | $0.36 | $0.28 | | | View | N/A | |
| 8/2/2011 | | $0.11 | $0.07 | | | View | N/A | |
| 5/3/2011 | | $0.27 | $0.34 | | | View | N/A | |
| 2/11/2011 | | $0.30 | $0.31 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Glatfelter (NYSE:GLT)2017 EPS Consensus Estimate: $1.16
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.39 | $0.39 | $0.39 |
| Q2 2017 | 1 | $0.05 | $0.05 | $0.05 |
| Q3 2017 | 1 | $0.35 | $0.35 | $0.35 |
| Q4 2017 | 1 | $0.37 | $0.37 | $0.37 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Glatfelter (NYSE:GLT)| Most Recent Dividend: | 8/1/2017 |
| Annual Dividend: | $0.52 |
| Dividend Yield: | 2.84% |
| Dividend Growth: | -1.30% (3 Year Average) |
| Payout Ratio: | 260.01% (Trailing 12 Months of Earnings)
45.22% (Based on This Year's Estimates)
36.11% (Based on Next Year's Estimates)
|
| Track Record: | 4 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Glatfelter (NYSE GLT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/4/2017 | quarterly | $0.13 | 2.73% | 6/29/2017 | 7/3/2017 | 8/1/2017 |
| 2/24/2017 | quarterly | $0.13 | 2.28% | 3/30/2017 | 4/3/2017 | 5/1/2017 |
| 2/23/2017 | quarterly | $0.13 | | | 4/3/2017 | 5/17/2017 |
| 12/15/2016 | quarterly | $0.13 | 2.07% | 12/29/2016 | 1/3/2017 | 2/1/2017 |
| 9/20/2016 | quarterly | $0.13 | 2.24% | 9/29/2016 | 10/3/2016 | 11/1/2016 |
| 5/5/2016 | quarterly | $0.13 | 2.56% | 6/29/2016 | 7/1/2016 | 8/1/2016 |
| 2/26/2016 | quarterly | $0.13 | 2.83% | 3/30/2016 | 4/1/2016 | 5/2/2016 |
| 12/10/2015 | quarterly | $0.12 | 2.87% | 12/30/2015 | 1/4/2016 | 2/2/2016 |
| 9/22/2015 | quarterly | $0.12 | 2.82% | 10/1/2015 | 10/5/2015 | 11/2/2015 |
| 5/7/2015 | quarterly | $0.12 | 1.94% | 6/30/2015 | 7/2/2015 | 8/3/2015 |
| 2/26/2015 | quarterly | $0.12 | 1.94% | 3/31/2015 | 4/2/2015 | 5/1/2015 |
| 12/11/2014 | quarterly | $0.11 | 1.82% | 12/30/2014 | 1/2/2015 | 2/3/2015 |
| 9/23/2014 | quarterly | $0.11 | 1.9% | 10/1/2014 | 10/3/2014 | 11/3/2014 |
| 5/1/2014 | quarterly | $0.11 | 1.68% | 6/30/2014 | 7/2/2014 | 8/1/2014 |
| 2/26/2014 | quarterly | $0.11 | 1.47% | 4/1/2014 | 4/3/2014 | 5/1/2014 |
| 12/12/2013 | quarterly | $0.10 | 1.5% | 12/31/2013 | 1/3/2014 | 2/3/2014 |
| 9/17/2013 | quarterly | $0.10 | 1.52% | 10/2/2013 | 10/4/2013 | 11/1/2013 |
| 5/9/2013 | quarterly | $0.10 | 1.62% | 7/1/2013 | 7/3/2013 | 8/1/2013 |
| 3/5/2013 | quarterly | $0.10 | 2.15% | 4/2/2013 | 4/4/2013 | 5/1/2013 |
| 12/12/2012 | quarterly | $0.09 | 2.16% | 1/2/2013 | 1/4/2013 | 2/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Glatfelter (NYSE:GLT)Insider Ownership Percentage: 2.30%
Institutional Ownership Percentage: 89.36%
Insider Trades by Quarter for Glatfelter (NYSE:GLT)| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Glatfelter (NYSE:GLT)
Latest Headlines for Glatfelter (NYSE:GLT)
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Glatfelter (GLT) Chart for Tuesday, September, 19, 2017
