Rayonier Advanced Materials Inc. (RYAM)

NYSE: RYAM · Real-Time Price · USD
8.13
+0.03 (0.37%)
Nov 4, 2024, 1:08 PM EST - Market open
0.37%
Market Cap 535.71M
Revenue (ttm) 1.60B
Net Income (ttm) -76.87M
Shares Out 65.89M
EPS (ttm) -1.17
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 260,556
Open 8.10
Previous Close 8.10
Day's Range 8.03 - 8.34
52-Week Range 2.88 - 8.97
Beta 3.01
Analysts Buy
Price Target 10.00 (+23.0%)
Earnings Date Nov 5, 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 $10.0.

Price Target
$10.0
(23.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

RYAM Releases 2023 Sustainability Report Highlighting Innovation, Environmental Stewardship, and Social Responsibility

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”) today announced the publication of its 2023 Sustainability Report, which outlines the Company's progre...

4 days ago - Business Wire

RYAM Raises $700 million of Debt to Refinance its Capital Structure

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company” or “RYAM”), the global leader in High Purity Cellulose, announced it has raised $700 million in aggreg...

6 days ago - Business Wire

RYAM Announces Commencement of Cash Tender Offer for Any and All of Rayonier A.M. Products' 7.625% Senior Secured Notes due 2026

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company” or “RYAM”), the global leader in High Purity Cellulose, and its wholly-owned subsidiary, Rayonier A.M....

6 days ago - Business Wire

RYAM's Jesup Facility Resumes Full Production Ahead of Schedule

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) ("RYAM"), a leader in High Purity Cellulose, today announced that its Jesup, Georgia facility has fully resumed opera...

10 days ago - Business Wire

RYAM Schedules Third Quarter Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE: RYAM) plans to release its third quarter 2024 earnings on Tuesday, November 5, 2024, after the market closes. RYAM will host a c...

11 days ago - Business Wire

RYAM Restarts Jesup A Line Ahead of Schedule; Full Operations Anticipated around October 28th

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) ("RYAM"), a leader in High Purity Cellulose, announced today that power has been fully restored to its Jesup, Georgia...

13 days ago - Business Wire

RYAM Provides Update on a Fire at its Jesup Plant

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) ("RYAM"), a leader in High Purity Cellulose, reported that an isolated fire occurred at its Jesup, Georgia facility o...

21 days ago - Business Wire

RYAM Elects Eric M. Bowen to the Board of Directors

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced today that Eric M. Bowen has been elected to its Board of Directors, effective September 9,...

7 weeks ago - Business Wire

Rayonier Advanced Materials Announces Cellulose Specialties Price Increase

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM, the "Company") announced today that, effective immediately, it will increase prices for its Cellulose Specialties pro...

2 months ago - Business Wire

Rayonier Advanced Materials Inc. (RYAM) Q2 2024 Earnings Call Transcript

Rayonier Advanced Materials Inc. (NYSE:RYAM) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Mickey Walsh - Treasurer and VP, IR De Lyle Bloomquist - President and CEO...

3 months ago - Seeking Alpha

RYAM Announces Strong Second Quarter 2024 Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today reported results for its second quarter ended June 29, 2024. “The Company delivered another soli...

3 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 2024 earnings on Tuesday, August 6, 2024, after the market closes. RYAM will host a co...

3 months ago - Business Wire

RYAM Senior Vice President of High Purity Cellulose to Participate in Fireside Chat

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that Senior Vice President of High Purit...

5 months ago - Business Wire

RYAM President and CEO to Present at Stifel Cross Sector Insight 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...

5 months ago - Business Wire

Rayonier Advanced Materials Inc. (RYAM) Q1 2024 Earnings Call Transcript

Rayonier Advanced Materials Inc. (NYSE:RYAM) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Mickey Walsh - Treasurer and VP of IR De Lyle Bloomquist - President and CEO ...

6 months ago - Seeking Alpha

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...

6 months 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...

6 months 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)...

6 months 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...

6 months 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...

7 months 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...

8 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...

8 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...

8 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 ...

9 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...

10 months ago - Business Wire