Glatfelter (GLT) Stock Forecast, Price & News

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.
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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.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our GLT earnings forecast.

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%.

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 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.
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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 $2.87.

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.

The company employs 3,250 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 (704) 885-2555, via email at ir@glatfelter.com, or via fax at 717-846-7208.