Glatfelter Corporation (GLT)

NYSE: GLT · IEX Real-Time Price · USD
5.64
-0.03 (-0.53%)
Aug 15, 2022 4:00 PM EDT - Market closed
-0.53%
Market Cap 252.22M
Revenue (ttm) 1.36B
Net Income (ttm) -113.25M
Shares Out 44.72M
EPS (ttm) -2.46
PE Ratio n/a
Forward PE n/a
Dividend $0.56 (9.93%)
Ex-Dividend Date Jun 30, 2022
Volume 411,166
Open 5.62
Previous Close 5.67
Day's Range 5.45 - 5.69
52-Week Range 4.89 - 18.74
Beta 1.35
Analysts Buy
Price Target 9.18 (+62.8%)
Earnings Date Aug 2, 2022

About GLT

Glatfelter Corporation, together with its subsidiaries, manufactures and sells engineered materials worldwide. It operates through three segments: Composite Fibers, Airlaid Materials, and Spunlace. The Composite Fibers segment offers food and beverage filtration materials for single-serve coffee and tea products; wallcover base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wraps, and other consumer product applications; composite laminates consisting of decorative laminates for use in... [Read more...]

Industry Paper & Forest Products
Founded 1864
CEO Dante Parrini
Employees 3,250
Stock Exchange NYSE
Ticker Symbol GLT
Full Company Profile

Financial Performance

In 2021, Glatfelter's revenue was $1.08 billion, an increase of 18.35% compared to the previous year's $916.50 million. Earnings were $6.94 million, a decrease of -67.43%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GLT stock is "Buy." The 12-month stock price forecast is 9.18, which is an increase of 62.77% from the latest price.

Price Target
$9.18
(62.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Glatfelter Reports Second Quarter 2022 Results

CHARLOTTE, N.C., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today reported a loss from continuing operations for the second ...

Glatfelter Corporation to Report Earnings on August 2nd

CHARLOTTE, N.C., July 21, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that it expects to issue its 2022 second-quarter results on Tuesday, August 2, 2022. Management wil...

Glatfelter, Blue Ocean Closures, and ALPLA take Innovation and Sustainability to the Next Level

Glatfelter nominated for the 2022 Packaging Europe Sustainability Award Glatfelter nominated for the 2022 Packaging Europe Sustainability Award

Glatfelter Corporation to present at the Sidoti & Company Summer Small Cap Virtual Conference on June 16th

CHARLOTTE, N.C., June 10, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Dante C. Parrini, Chairman and Chief Executi...

Make a Change – Reimagining Resources to End Period Poverty

CHARLOTTE, N.C., May 31, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is proud to partner with Aakar Innovations (Aakar) from India, to...

Glatfelter to Participate in the Deutsche Bank Global Materials Conference

CHARLOTTE, N.C., May 26, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) today announced that it will be participating in the Deutsche Bank 13th Annual Global Materials Conference being held...

Lindsay Goldberg Completes Sale of Pixelle Specialty Solutions

NEW YORK--(BUSINESS WIRE)--Lindsay Goldberg, a leading private investment firm that focuses on partnering with families, founders, and management teams seeking to actively build their businesses, today ...

Glatfelter Corporation Declares Dividend of $0.14 per Common Share

CHARLOTTE, N.C., May 05, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) today announced that its Board of Directors declared a $0.14 per share cash dividend on its outstanding common stock....

Glatfelter Reports First Quarter 2022 Results

Russia/Ukraine conflict, EU sanctions and continued energy price inflation in Europe significantly impacting Composite Fibers, resulting in non-cash asset and goodwill impairment charges Russia/Ukraine ...

Glatfelter Corporation to Report Earnings on May 3rd

CHARLOTTE, N.C., April 21, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that it expects to issue its 2022 first-quarter results on Tuesday, May 3, 2022. Management will h...

Glatfelter's Sustainable Packaging Solution Wins IDEA® 22 Sustainability Advancement Award

CHARLOTTE, N.C., April 07, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is proud to announce they are the recipient of the first IDEA® ...

Glatfelter Announces Chief Financial Officer Transition

CHARLOTTE, N.C., April 04, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that Ramesh Shettigar, Vice President, ESG, Inv...

Glatfelter Corporation to Participate in the NYSE Basic Materials Investor Access Day

CHARLOTTE, N.C., March 23, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Dante Parrini, Chairman and Chief Executive...

Glatfelter Corporation to present at the Sidoti & Company Spring Small Cap Virtual Conference on March 24th

CHARLOTTE, N.C., March 15, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Dante C. Parrini, Chairman and Chief Execut...

Glatfelter Products Nominated for IDEA®22 Award

CHARLOTTE, N.C., March 03, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, has been nominated as a finalist for two IDEA®22 awards – the I...

Glatfelter Corporation to Present at the JP Morgan Global High Yield and Leveraged Finance Conference

CHARLOTTE, N.C., Feb. 21, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that Samuel L. Hillard, Senior Vice President an...

Glatfelter Reports Fourth Quarter and Full Year 2021 Results

~ Unprecedented energy prices in Europe and global input cost inflation significantly impacted Q4 results ~

Glatfelter Corporation to Report Earnings on February 10th

CHARLOTTE, N.C., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that it expects to issue its 2021 fourth-quarter results on Thursday, February 10, 2022. Management...

Glatfelter Announces Partnership with ALPLA to Develop Sustainable Packaging Solutions

CHARLOTTE, N.C., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, in cooperation with joint venture (JV) partner ALPLA Group, the ...

Glatfelter Reports Third Quarter 2021 Results

~ Completed Jacob Holm acquisition adding significant scale and diversifying engineered materials portfolio ~ ~ Record quarterly operating profit in Airlaid Materials segment reflects Mount Holly acquis...

Glatfelter Completes Acquisition of Jacob Holm

Acquisition Adds Scale, Diversifies Portfolio and Strengthens Glatfelter's Position as a Leading Global Engineered Materials Company Acquisition Adds Scale, Diversifies Portfolio and Strengthens Glatfel...

Glatfelter Wins Rockline Industries Supplier Innovation Award

CHARLOTTE, N.C., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that it was the recipient of the prestigious Supplier Innovation Award presented by Rockline Indust...

Hygienix Innovation Award Finalist: Glatfelter's GlatPure™ Back Sheet

CHARLOTTE, N.C., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, has been nominated as a top three finalist for the 2021 Hygienix...

Glatfelter Corporation to Report Earnings on November 2nd

CHARLOTTE, N.C., Oct. 15, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), announced today that it expects to issue its 2021 third-quarter results on Tuesday, November 2, 2021. Management wi...

Glatfelter Announces Pricing of 4.750% Senior Notes Offering

CHARLOTTE, N.C., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (“Glatfelter” or the “Company”) (NYSE: GLT) announced today that it has priced its offering of $500 million in aggregate princip...