Magnera Corporation (MAGN)

NYSE: MAGN · Real-Time Price · USD
21.44
-0.32 (-1.47%)
Feb 21, 2025, 4:00 PM EST - Market closed
-1.47%
Market Cap 757.72M
Revenue (ttm) 2.37B
Net Income (ttm) -206.00M
Shares Out 35.34M
EPS (ttm) -5.82
PE Ratio n/a
Forward PE 145.36
Dividend n/a
Ex-Dividend Date n/a
Volume 377,931
Open 21.84
Previous Close 21.76
Day's Range 21.08 - 22.00
52-Week Range 15.86 - 29.77
Beta n/a
Analysts Buy
Price Target 24.00 (+11.94%)
Earnings Date Feb 6, 2025

About MAGN

Magnera Corporation manufactures and sells non-woven and related products worldwide. It sells its products primarily into consumer-oriented end markets, such as healthcare, personal care, and infection prevention. It primarily manufactures a range of products and components of healthcare and hygiene products, including baby diapers, medical garments, wipes, dryer sheets, face masks, and filtration. The company also manufactures a collection of healthcare, hygiene, and industrial products and components of products, including baby diapers, medic... [Read more]

Sector Materials
Founded 1864
Employees 44,000
Stock Exchange NYSE
Ticker Symbol MAGN
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Forecast

According to one analyst, the rating for MAGN stock is "Buy" and the 12-month stock price forecast is $24.0.

Price Target
$24.0
(11.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

UPDATE - Magnera to present at JP Morgan's Global Leveraged Finance Conference

CHARLOTTE, N.C., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Magnera (NYSE: MAGN) will present at JP Morgan's Global Leveraged Finance Conference in Miami Beach, Florida. Magnera CEO, Curt Begle, and CFO & Trea...

16 hours ago - GlobeNewsWire

Magnera to present at JP Morgan's Global Leveraged Finance Conference

CHARLOTTE, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Magnera (NYSE: MAGN) will present at JP Morgan's Global Leveraged Finance Conference in Miami Beach, Florida. Magnera CEO, Curt Begle, and CFO & Trea...

2 days ago - GlobeNewsWire

Magnera: An Unknown Company With Significant Upside Potential

MAGN reported its inaugural Q1 2025 earnings report, making known many of the unknowns surrounding this spinoff. I reiterate my BUY rating for MAGN, believing there's significant upside potential. MAG...

12 days ago - Seeking Alpha

Magnera Corporation (MAGN) Q1 2025 Earnings Call Transcript

Magnera Corporation (NYSE:MAGN) Q1 2025 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Robert Weilminster - IR Curt Begle - CEO Jim Till - CFO Conference Call Participants...

15 days ago - Seeking Alpha

Magnera Reports First Fiscal Quarter Results - Provides Outlook for Fiscal 2025

First Quarter Highlights CHARLOTTE, N.C., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Completed the merger of Berry Global Group, Inc.'s nonwovens and hygiene films business with Glatfelter Corporation (“GLT”) ...

16 days ago - GlobeNewsWire

Magnera to Report 2025 First Quarter Results on February 6th

CHARLOTTE, N.C., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Magnera (NYSE: MAGN) expects to release its 2025 first quarter results prior to trading on the New York Stock Exchange on Thursday, February 6, 2025....

23 days ago - GlobeNewsWire

Magnera: This Spinoff Is A Buy

Joel Greenblatt's special situations strategy targets opportunities in risk arbitrage, mergers, bankruptcies, and spinoffs due to potential stock mispricing. Magnera Corporation, a spinoff of Berry Gl...

3 months ago - Seeking Alpha

Magnera Emerges as a New Global Leader in the Specialty Materials and Nonwovens Industry, Following the Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

CHARLOTTE, N.C., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) is pleased to announce the successful completion of the merger between Berry Global Group Inc.'s (NYSE: BERY) Heal...

Other symbols: BERY
3 months ago - GlobeNewsWire

Glatfelter Reports Third Quarter 2024 Results

~ Transaction closing and transition to Magnera scheduled for November 4th ~ ~ Transaction closing and transition to Magnera scheduled for November 4th ~

4 months ago - GlobeNewsWire

Glatfelter Shareholders Approve Proposals Related to the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business With Glatfelter

CHARLOTTE, N.C. & EVANSVILLE, Ind.--(BUSINESS WIRE)--Glatfelter Corporation (NYSE: GLT) (“Glatfelter”) and Berry Global Group, Inc. (NYSE: BERY) (“Berry”) announced today that Glatfelter's shareholder...

Other symbols: BERY
4 months ago - Business Wire

Glatfelter Shareholders Approve Proposals Related to the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

Glatfelter Announces Reverse Stock Split Ratio and Anticipated Effective Date Glatfelter Announces Reverse Stock Split Ratio and Anticipated Effective Date

4 months ago - GlobeNewsWire

Berry and Glatfelter Announce Information for Anticipated Completion of Spin-Off and Subsequent Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

EVANSVILLE, Ind. and CHARLOTTE, N.C., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Berry Global Group, Inc. (NYSE: BERY) (“Berry”) and Glatfelter Corporation (NYSE: GLT) (“Glatfelter”) announced today that Berry...

4 months ago - GlobeNewsWire

Glatfelter Announces Tunable Lithium-ion Battery Separator at The Battery Show

CHARLOTTE, N.C., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is proud to announce the launch of its OmniSep™ Battery Separa...

5 months ago - GlobeNewsWire

Glatfelter Advances Sustainable Espresso Lid Solutions

CHARLOTTE, N.C., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is proud to announce significant advancements in sustainable ...

5 months ago - GlobeNewsWire

Berry Global and Glatfelter Announce Date of the Glatfelter Shareholder Meeting in Connection with the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

EVANSVILLE, Ind. & CHARLOTTE, N.C.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE:BERY) and Glatfelter Corporation (NYSE:GLT) announced today the date of the special meeting of the Glatfelter shareh...

Other symbols: BERY
5 months ago - Business Wire

Berry and Glatfelter Announce Magnera Board of Director Appointments in Connection With Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business With Glatfelter

CHARLOTTE, N.C., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT), and Berry Global Group, Inc. (NYSE: BERY) today announce additional director designees for the board of directors...

6 months ago - GlobeNewsWire

Glatfelter Corporation (GLT) Q2 2024 Earnings Call Transcript

Glatfelter Corporation (NYSE:GLT) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Ramesh Shettigar - SVP, CFO & Treasurer Thomas Fahnemann - President & CEO Conferenc...

7 months ago - Seeking Alpha

Glatfelter Reports Second Quarter 2024 Results

~ Received Required Antitrust Regulatory Clearances and IRS ruling for Announced Merger ~ ~ Achieved Meaningful Year-over-Year EBITDA Improvement ~

7 months ago - GlobeNewsWire

Berry and Glatfelter Announce New Brand Name and Identity in Connection with Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business and Glatfelter

CHARLOTTE, N.C., July 24, 2024 (GLOBE NEWSWIRE) -- Berry Global Group, Inc. (NYSE: BERY) and Glatfelter Corporation (NYSE: GLT) announced that the proposed merger of Berry's Health, Hygiene and Specia...

7 months ago - GlobeNewsWire

Glatfelter Corporation to Report Earnings on August 8th

CHARLOTTE, N.C., July 16, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2024 second-quarter results on Thursday, August 8, 2024. Management w...

7 months ago - GlobeNewsWire

Berry and Glatfelter Announce Additional Regulatory Milestone in Proposed Transaction for Spin-Off and Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) and Glatfelter Corporation (NYSE: GLT) announced today the achievement of an additional regulatory milestone in the proposed tr...

Other symbols: BERY
8 months ago - Business Wire

Glatfelter Corporation (GLT) Q1 2024 Earnings Call Transcript

Glatfelter Corporation (NYSE:GLT) Q1 2024 Results Conference Call May 9, 2024 11:00 AM ET Company Participants Ramesh Shettigar - Senior Vice President, Chief Financial Officer and Treasurer. Thomas ...

10 months ago - Seeking Alpha

Glatfelter Reports First Quarter 2024 Results

~ Achieved significant merger milestone with expiration of HSR waiting period ~ 202 4 First Quarter Highlights: Generated net sales of ~$327 million and a GAAP net loss from continuing operations of $...

10 months ago - GlobeNewsWire