Rayonier Advanced Materials Inc. (RYAM)

NYSE: RYAM · IEX Real-Time Price · USD
4.260
+0.030 (0.71%)
Apr 18, 2024, 4:00 PM EDT - Market closed
0.71%
Market Cap 279.20M
Revenue (ttm) 1.64B
Net Income (ttm) -101.84M
Shares Out 65.54M
EPS (ttm) -1.57
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 205,460
Open 4.240
Previous Close 4.230
Day's Range 4.180 - 4.340
52-Week Range 2.660 - 5.760
Beta 3.03
Analysts Buy
Price Target 6.00 (+40.85%)
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
(40.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 days 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...

6 weeks 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...

7 weeks 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...

7 weeks 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 ...

2 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...

3 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...

5 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, ...

5 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...

6 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...

6 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...

6 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...

6 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,...

7 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...

7 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, ...

9 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...

9 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 ...

9 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...

11 months 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...

11 months 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...

11 months ago - PRNewsWire

RYAM CFO, SVP Finance to Present at the Stifel 2023 Cross Sector Insight Conference

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) announced today Marcus J. Moeltner, its Chief Financial Officer, Senior Vice President Finance, will be presenting at ...

11 months ago - Business Wire

Chatham Asset Management Issues Statement on Rayonier Advanced Materials Impending Debt Maturities

CHATHAM, N.J.--(BUSINESS WIRE)--Chatham Asset Management, LLC (“Chatham”), a private investment firm and the largest creditor of Rayonier Advanced Materials (“RYAM” or the “Company”) (NYSE: RYAM), tod...

11 months ago - Business Wire

RYAM Announces First Quarter 2023 Results

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) reported net income of $2 million, or $0.02 per diluted share, for the quarter ended April 1, 2023, co...

1 year ago - Business Wire

RYAM Schedules First Quarter Earnings Release

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials (NYSE:RYAM) plans to release its first quarter 2023 earnings on Tuesday, May 9, 2023, after the market closes. RYAM will host a confere...

1 year ago - Business Wire

RYAM Announces the Hiring of Michael Osborne as VP, Manufacturing; Bill Manzer to Retire and Support Transition

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company” or “RYAM”) is pleased to announce that Michael Osborne joined the company on April 10, 2023, as Vice Pr...

1 year ago - Business Wire