Magnera Corporation (MAGN)

NYSE: MAGN · Real-Time Price · USD
17.80
-0.15 (-0.84%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.84%
Market Cap 629.07M
Revenue (ttm) 2.18B
Net Income (ttm) 21.00M
Shares Out 35.34M
EPS (ttm) n/a
PE Ratio 29.96
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 467,668
Open 17.72
Previous Close 17.95
Day's Range 17.71 - 18.30
52-Week Range 15.86 - 35.23
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Feb 15, 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]

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

Financial Performance

In 2023, Magnera's revenue was $2.28 billion, a decrease of -18.84% compared to the previous year's $2.80 billion. Earnings were $38.00 million, a decrease of -68.07%.

Financial numbers in USD Financial Statements

News

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...

23 days 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
6 weeks 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 ~

7 weeks 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
2 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

2 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...

2 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...

2 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 ...

3 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
3 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...

4 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...

4 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 ~

4 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...

5 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...

5 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
6 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 ...

7 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 $...

8 months ago - GlobeNewsWire

Berry and Glatfelter Announce 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 a regulatory milestone in the proposed transaction in...

Other symbols: BERY
8 months ago - Business Wire

Glatfelter Announces Key Leadership Appointments in Connection With Proposed Merger With Berry's Health, Hygiene, and Specialties Global Nonwovens and Films Business

~ Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company

9 months ago - GlobeNewsWire

Glatfelter Corporation to Report Earnings on May 9th

CHARLOTTE, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2024 first-quarter results on Thursday, May 9, 2024. Management will...

9 months ago - GlobeNewsWire

Glatfelter Reports Fourth Quarter and Year End 2023 Results

~ Q4 performance in-line with expectations despite reduced production to manage inventory levels ~ ~ Announced plans for Merger with Berry Global's HHNF business anticipated in second half of 2024 ~

10 months ago - GlobeNewsWire

Berry Global and Glatfelter Announce Plans for Tax-Free Spin-Off and Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter, Creating a Global Specialty Materials Leader

EVANSVILLE, Ind. & CHARLOTTE, N.C.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE:BERY) and Glatfelter Corporation (NYSE:GLT) announced today they have entered into definitive agreements for Berry t...

Other symbols: BERY
11 months ago - Business Wire

Glatfelter Corporation to Report Earnings on February 22nd

CHARLOTTE, N.C., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 fourth-quarter results on Thursday, February 22, 2024. Managemen...

11 months ago - GlobeNewsWire