Glatfelter Sets New 1-Year High at $29.60 (GLT)
Glatfelter (NYSE:GLT) set a new 52-week high on Tuesday, Stock Ratings News reports. The company traded as high as $29.60 and last traded at $29.31, with a volume of 132,516 shares. The stock had previously closed at $28.42.
Glatfelter has a one year low of $17.11 and a one year high of $29.60. The stock has a 50-day moving average of $27.71 and a 200-day moving average of $27.11. The company has a market cap of $1.270 billion and a P/E ratio of 21.66.
Glatfelter (NYSE:GLT) last released its earnings data on Tuesday, October 29th. The company reported $0.55 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.57 by $0.02. The company had revenue of $456.60 million for the quarter, compared to the consensus estimate of $457.59 million. During the same quarter last year, the company posted $0.44 earnings per share. Glatfelter’s revenue was up 12.9% compared to the same quarter last year. Analysts expect that Glatfelter will post $1.62 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, February 3rd. Stockholders of record on Friday, January 3rd will be given a dividend of 0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Tuesday, December 31st.
P. H. Glatfelter Company (NYSE:GLT) is a manufacturer of specialty papers and fiber-based engineered materials.
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