NYSE:GLT Glatfelter (GLT) Stock Forecast, Price & News $2.87 -0.21 (-6.82%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$2.84▼$3.1350-Day Range$2.75▼$4.5252-Week Range$2.08▼$8.88Volume464,945 shsAverage Volume468,151 shsMarket Capitalization$128.95 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Glatfelter MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy2.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingAcquiring Shares$1.67 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.1.60 out of 5 stars N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Glatfelter. Previous Next 5.0 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Glatfelter has recently decreased by 31.35%, indicating that investor sentiment is improving significantly. 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 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Glatfelter this week, compared to 2 articles on an average week.Search InterestOnly 6 people have searched for GLT on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Glatfelter to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 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 $1,666,322.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.59% 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 -1.30, 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 -1.30, 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 0.41. 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 HeadlinesMay 31, 2023 | finance.yahoo.comGlatfelter Announces Closure of Ober-Schmitten, Germany FacilityMay 26, 2023 | fool.comGlatfelter (NYSE: GLT)May 31, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 18, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Glatfelter (NYSE:GLT)May 13, 2023 | americanbankingnews.comGlatfelter Co. (NYSE:GLT) Director Kevin Michael Fogarty Acquires 33,422 SharesMay 12, 2023 | finance.yahoo.comInsider Spends US$235k Buying More Shares In Glatfelter \May 9, 2023 | americanbankingnews.comGlatfelter (NYSE:GLT) Upgraded at StockNews.comMay 5, 2023 | finance.yahoo.comGlatfelter (GLT) Q1 2023 Earnings Call TranscriptMay 31, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 2, 2023 | americanbankingnews.comGlatfelter (GLT) Set to Announce Earnings on ThursdayApril 17, 2023 | americanbankingnews.comGlatfelter Co. (NYSE:GLT) Sees Large Increase in Short InterestApril 13, 2023 | finance.yahoo.comGlatfelter to Showcase Newest Product Offerings at INDEX™23April 5, 2023 | finance.yahoo.comGlatfelter Appoints New Chief Operating OfficerApril 3, 2023 | finance.yahoo.comGlatfelter Announces Milestone Anniversary for Sontara®April 3, 2023 | finance.yahoo.comWith 71% ownership of the shares, Glatfelter Corporation (NYSE:GLT) is heavily dominated by institutional ownersApril 3, 2023 | americanbankingnews.comInsider Buying: Glatfelter Co. (NYSE:GLT) Major Shareholder Acquires $1,545,000.00 in StockMarch 30, 2023 | finance.yahoo.comGlatfelter Corporation Announces Successful Completion of Refinancing PlanFebruary 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 $373.9MFebruary 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)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?See 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 Earnings11/01/2021Today5/31/2023Next Earnings (Estimated)8/01/2023Fiscal 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 Founded1864Profitability EPS (Most Recent Fiscal Year)($2.21) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-194,210,000.00 Net Margins-6.69% Pretax Margin-5.97% Return on Equity-5.59% Return on Assets-1.13% Debt Debt-to-Equity Ratio2.73 Current Ratio2.21 Quick Ratio1.16 Sales & Book Value Annual Sales$1.49 billion Price / Sales0.09 Cash Flow$4.95 per share Price / Cash Flow0.58 Book Value$6.96 per share Price / Book0.41Miscellaneous Outstanding Shares44,930,000Free Float43,769,000Market Cap$128.95 million OptionableOptionable Beta1.66 Social Links Key ExecutivesThomas Michael FahnemannPresident, Chief Executive Officer & DirectorRamesh ShettigarChief Financial Officer, Treasurer & Senior VPJill L. UreySecretary, VP, Chief Legal & Compliance OfficerEileen L. BeckSenior VP-Human Resources & AdministrationDavid C. ElderChief Accounting Officer & Vice President-FinanceKey CompetitorsCaesarstoneNASDAQ:CSTEAenza S.A.A.NYSE:AENZOrion GroupNYSE:ORNLimbachNASDAQ:LMB180 Degree CapitalNASDAQ:TURNView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 304,585 shares on 5/22/2023Ownership: 3.213%JPMorgan Chase & Co.Bought 5,133 shares on 5/18/2023Ownership: 0.118%State Street CorpBought 18,439 shares on 5/16/2023Ownership: 1.892%Geode Capital Management LLCBought 20,033 shares on 5/16/2023Ownership: 1.888%Susquehanna International Group LLPSold 52,848 shares on 5/16/2023Ownership: 0.239%View All Insider TransactionsView All Institutional Transactions GLT Stock - Frequently Asked Questions How have GLT shares performed in 2023? Glatfelter's stock was trading at $2.78 at the start of the year. Since then, GLT shares have increased by 3.2% and is now trading at $2.87. View the best growth stocks for 2023 here. Are investors shorting Glatfelter? Glatfelter saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,440,000 shares, a decline of 9.4% from the April 15th total of 1,590,000 shares. Based on an average trading volume of 487,400 shares, the short-interest ratio is presently 3.0 days. Currently, 3.3% of the company's shares are short sold. 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, August 1st 2023. View our GLT earnings forecast. How were Glatfelter's earnings last quarter? Glatfelter Co. (NYSE:GLT) issued its earnings results on Monday, November, 1st. The basic materials company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. The basic materials company had revenue of $279.65 million for the quarter. Glatfelter had a negative net margin of 6.69% and a negative trailing twelve-month return on equity of 5.59%. 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 a number of institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (3.94%), Dimensional Fund Advisors LP (3.22%), Ameriprise Financial Inc. (3.21%), Amitell Capital Pte Ltd (2.59%), Charles Schwab Investment Management Inc. (2.54%) and State Street Corp (1.89%). Insiders that own company stock include Bruce Brown, Carlson Capital L P, Christopher W Astley, Dante C Parrini, David C Elder, J Robert Hall, Kevin Michael Fogarty 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 $2.87. How much money does Glatfelter make? Glatfelter (NYSE:GLT) has a market capitalization of $128.95 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 ($2.21) 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 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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