Rayonier Advanced Materials Inc. (RYAM)

NYSE: RYAM · IEX Real-Time Price · USD
4.920
+0.390 (8.61%)
At close: May 17, 2024, 4:00 PM
4.790
-0.130 (-2.64%)
After-hours: May 17, 2024, 7:36 PM EDT
8.61%
Market Cap 320.34M
Revenue (ttm) 1.56B
Net Income (ttm) -105.01M
Shares Out 65.58M
EPS (ttm) -1.62
PE Ratio n/a
Forward PE 43.10
Dividend n/a
Ex-Dividend Date n/a
Volume 849,959
Open 4.570
Previous Close 4.530
Day's Range 4.530 - 4.950
52-Week Range 2.660 - 5.450
Beta 3.06
Analysts Buy
Price Target 6.00 (+21.95%)
Earnings Date May 7, 2024

About RYAM

Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Latin America, Canada, Japan, Europe, Latin America, other Asian countries, and internationally. It operates through High Purity Cellulose, Paperboard, and High-Yield Pulp segments. The company's products include cellulose specialties, which are natural polymers that are used as raw materials to manufacture a range of consumer-oriented products, such as liquid crystal displays, impact-resistant plastics, thickeners for food products... [Read more]

Industry Chemicals
Sector Materials
Founded 1926
Employees 2,800
Stock Exchange NYSE
Ticker Symbol RYAM
Full Company Profile

Financial Performance

In 2023, RYAM's revenue was $1.64 billion, a decrease of -4.31% compared to the previous year's $1.72 billion. Losses were -$101.84 million, 582.6% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for RYAM stock is "Buy" and the 12-month stock price forecast is $6.0.

Price Target
$6.0
(21.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rayonier Advanced Materials Inc. - RYAM

NEW YORK , May 16, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Rayonier Advanced Materials Inc. ("Rayonier" or the "Company") (NYSE: RYAM). Such investors are ...

2 days ago - PRNewsWire

RYAM Announces Improved First Quarter 2024 Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today reported results for its first quarter ended March 30, 2024. “First quarter results exceeded our...

11 days ago - Business Wire

RYAM Announces Sale of Softwood Duty Refund Rights for $39 Million

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced it has reached agreement regarding the s...

12 days ago - Business Wire

RYAM to Suspend Temiscaming High Purity Cellulose Plant Operations for an Indefinite Period

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) is announcing that, effective July 2, 2024, it will suspend operations at its Temiscaming High Purity Cellulose (HPC)...

19 days ago - Business Wire

RYAM Schedules First Quarter Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE: RYAM) plans to release its first quarter 2024 earnings on Tuesday, May 7, 2024, after the market closes. RYAM will host a confer...

24 days ago - Business Wire

RYAM's Tartas Plant Successfully Ships Inaugural Truckload of 2G Bioethanol

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) is pleased to announce the successful shipment of our first production of 2G bioethanol from our Tartas plant, followi...

4 weeks ago - Business Wire

RYAM Announces Participation in Four Equity Conferences

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that members of its senior management te...

2 months ago - Business Wire

RYAM and VERSO ENERGY Execute Memorandum of Understanding to Explore eSAF

JACKSONVILLE, Fla. & PARIS--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) and VERSO ENERGY have entered into a Memorandum of Understanding (MoU) to explore e-fuels and specifically e-S...

2 months ago - Business Wire

RYAM Announces Fourth Quarter and Full Year 2023 Results and Provides Improved Outlook for 2024

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today reported results for the fourth quarter and full year 2023. “Our EBITDA results for 2023 fell sh...

2 months ago - Business Wire

RYAM Schedules Fourth Quarter Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE:RYAM) plans to release its fourth quarter 2023 earnings on Tuesday, February 27, 2024, after the market closes. RYAM will host a ...

3 months ago - Business Wire

RYAM Announces Amendment to Term Loan Credit Agreement

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that it has reached an agreement with le...

4 months ago - Business Wire

RYAM President and CEO to Present at Sidoti Virtual Investor Conference

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that President and Chief Executive Offic...

6 months ago - Business Wire

RYAM Announces Third Quarter 2023 Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $25 million, or $(0.39) per diluted share, for the quarter ended September 30, ...

6 months ago - Business Wire

RYAM Schedules Third Quarter Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE:RYAM) plans to release its third quarter 2023 earnings on Tuesday, November 7, 2023, after the market closes. RYAM will host a co...

7 months ago - Business Wire

RYAM Engages Houlihan Lokey to Explore Sale of Paperboard and High-Yield Pulp Assets

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that it has engaged Houlihan Lokey as it...

7 months ago - Business Wire

RYAM Outlines Vision and Financial Growth Strategy at 2023 Investor Day

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, outlined its financial growth strategy during the 2023 I...

7 months ago - Business Wire

RYAM to Temporarily Idle Production at its Paperboard and High-Yield Pulp Operations

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) is announcing that in order to optimize inventory levels and address lower-than-anticipated demand, i...

8 months ago - Business Wire

RYAM Elects Bryan D. Yokley to the Board of Directors

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced today that Bryan D. Yokley has been elected to its Board of Directors, effective October 1,...

8 months ago - Business Wire

RYAM to Host Investor Day at the New York Stock Exchange on October 10, 2023

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) is excited to announce its upcoming Investor Day event scheduled for October 10, 2023. This event pro...

8 months ago - Business Wire

RYAM Announces Second Quarter 2023 Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported a net loss of $17 million, or $(0.26) per diluted share, for the quarter ended July 1, 2023, ...

10 months ago - Business Wire

RYAM Schedules Second Quarter Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE:RYAM) plans to release its second quarter 2023 earnings on Tuesday, August 8, 2023, after the market closes. RYAM will host a con...

10 months ago - Business Wire

RYAM Raises $250 Million of Debt to Refinance its 2024 Notes, Improving Financial Position to Support Future Growth Opportunities

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (“RYAM”), a global leader in the production of high-purity cellulose specialties and other sustainable materials, is ...

10 months ago - Business Wire

RYAM Announces the Official Groundbreaking at their 2G Bioethanol Plant in Tartas, France

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”), a global leader in the production of high-purity cellulose specialty products, hosted a groundbreakin...

1 year ago - Business Wire

RYAM President and CEO to Present at the Stifel 2023 Cross Sector Insight Conference

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today that De Lyle Bloomquist, President and Chief Executive Officer will be presenting at the Stifel 2023 C...

1 year ago - Business Wire

Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , June 2, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...

1 year ago - PRNewsWire