Rayonier Advanced Materials Inc. (RYAM)

NYSE: RYAM · Real-Time Price · USD
8.87
-0.18 (-1.99%)
At close: Nov 20, 2024, 4:00 PM
9.08
+0.21 (2.37%)
Pre-market: Nov 21, 2024, 7:00 AM EST
-1.99%
Market Cap 584.67M
Revenue (ttm) 1.63B
Net Income (ttm) -84.37M
Shares Out 65.92M
EPS (ttm) -1.30
PE Ratio n/a
Forward PE 126.71
Dividend n/a
Ex-Dividend Date n/a
Volume 325,269
Open 9.05
Previous Close 9.05
Day's Range 8.85 - 9.11
52-Week Range 3.02 - 10.28
Beta 3.01
Analysts Buy
Price Target 12.00 (+35.29%)
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 $12.0.

Price Target
$12.0
(35.29% upside)
Analyst Consensus: Buy
Stock Forecasts

News

RYAM Raises €67 million Green Capital to Invest in its Biomaterials Strategy

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 a €67 million in green...

8 days ago - Business Wire

Rayonier Advanced Materials Inc. (RYAM) Q3 2024 Earnings Call Transcript

Rayonier Advanced Materials Inc. (NYSE:RYAM) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Mickey Walsh - Treasurer & Vice President, Investor Relations De Lyle Bl...

14 days ago - Seeking Alpha

RYAM Announces Strong Third Quarter 2024 Results, Reiterates EBITDA Guidance, Increases Free Cash Flow Guidance and Successfully Refinances its Capital Structure

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today reported results for its third quarter ended September 28, 2024. “RYAM delivered another solid q...

15 days ago - Business Wire

RYAM Announces Expiration 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....

15 days ago - Business Wire

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...

21 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...

23 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....

23 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...

26 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...

4 weeks 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...

4 weeks 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...

5 weeks 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,...

2 months 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...

4 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...

6 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 ...

7 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...

7 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...

7 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)...

7 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...

7 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...

9 months ago - Business Wire