Sylvamo Corporation (SLVM)

NYSE: SLVM · IEX Real-Time Price · USD
71.39
+0.90 (1.28%)
At close: Jul 19, 2024, 4:00 PM
71.45
+0.06 (0.08%)
After-hours: Jul 20, 2024, 12:58 PM EDT
1.28%
Market Cap 2.94B
Revenue (ttm) 3.69B
Net Income (ttm) 199.00M
Shares Out 41.13M
EPS (ttm) 4.69
PE Ratio 15.22
Forward PE 12.11
Dividend $1.05 (1.47%)
Ex-Dividend Date Jul 8, 2024
Volume 281,153
Open 70.61
Previous Close 70.49
Day's Range 70.11 - 71.76
52-Week Range 37.59 - 73.84
Beta 0.91
Analysts Buy
Price Target 56.33 (-21.1%)
Earnings Date Aug 9, 2024

About SLVM

Sylvamo Corporation produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Latin America, Europe, and North America. The company operates through Europe, Latin America, and North America segments. The Europe segment offers copy, tinted, and colored laser printing paper under REY Adagio and Pro-Design brands; and graphic and high-speed inkjet printing papers under the brand Jetstar; as well as produces uncoated freesheet papers. The Latin America segment focuses on uncoated freesheet paper under Chamex, Chamequinho and Ch... [Read more]

Sector Materials
CEO Jean-Michel Ribiéras
Employees 6,500
Stock Exchange NYSE
Ticker Symbol SLVM
Full Company Profile

Financial Performance

In 2023, Sylvamo's revenue was $3.72 billion, an increase of 2.56% compared to the previous year's $3.63 billion. Earnings were $253.00 million, an increase of 114.41%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SLVM stock is "Buy." The 12-month stock price forecast is $56.33, which is a decrease of -21.10% from the latest price.

Price Target
$56.33
(-21.10% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Sylvamo to Release Second Quarter Earnings Aug. 9

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release second quarter earnings Friday, Aug. 9, before the start of trading on the Ne...

12 days ago - Business Wire

Sylvamo Chief Financial Officer to Participate in Fireside Chat, Host Meetings During the 2024 Wells Fargo Industrials Conference

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM) senior vice president and chief financial officer, John Sims, will participate in a fireside chat and host meetings Tu...

6 weeks ago - Business Wire

Sylvamo Announces 50% Quarterly Dividend Increase

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo's (NYSE: SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of July 1, 2024, to Sept. 30, 202...

2 months ago - Business Wire

Sylvamo First Quarter Results Meet Expectations, Strong Second Quarter Outlook Reflects Improving Conditions

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing first quarter 2024 earnings. Financial Highlights - First Quarter vs. Fourth ...

2 months ago - Business Wire

Sylvamo to Release First Quarter Earnings May 10

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release first quarter earnings Friday, May 10, before the start of trading on the New...

3 months ago - Business Wire

Sylvamo Chief Financial Officer to Participate in Fireside Chat, Host Meetings During BofA's 2024 Global Agriculture and Materials Conference

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will participate in a fireside chat and host individual meetings Wednesday, Feb. 28, durin...

5 months ago - Business Wire

Sylvamo Announces Dividend

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo's (NYSE: SLVM) board of directors declared a quarterly dividend of $0.30 per share for the period of April 1, 2024, to June 30, 202...

5 months ago - Business Wire

Sylvamo Generates Strong Operating Cash Flow, Returns $127 Million in Cash to Shareowners in 2023

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing fourth quarter 2023 earnings. Financial Highlights – 2023 Full Year Net incom...

5 months ago - Business Wire

Sylvamo to Release Fourth Quarter Earnings Feb. 15

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release fourth quarter earnings Thursday, Feb. 15, before the start of trading on the...

6 months ago - Business Wire

Sylvamo Quarterly Results Higher Than Guidance, Cost Reduction Program Announced

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing third quarter 2023 earnings. Financial Highlights – Third Quarter vs. Second ...

9 months ago - Business Wire

Sylvamo to Release Third Quarter Earnings Nov. 9

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release third quarter earnings Thursday, Nov. 9, before the start of trading on the N...

10 months ago - Business Wire

Sylvamo Announces Dividends, Share Repurchase Program

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo's (NYSE: SLVM) board of directors declared a quarterly dividend of $0.30 per share for the period of Oct. 1, 2023, to Dec. 31, 2023...

10 months ago - Business Wire

Sylvamo Chief Financial Officer to Speak, Host Meetings During RBC Capital Markets 2023 Global Industrials Conference

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will be featured in a breakout session and host individual meetings Tuesday, Sept. 12, dur...

11 months ago - Business Wire

Sylvamo Quarterly Results Meet Guidance

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing second quarter 2023 earnings. Financial Highlights – Second Quarter vs. First...

1 year ago - Business Wire

Sylvamo Releases First Environmental, Social and Governance Report

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing its first environmental, social and governance (ESG) report, demonstrating it...

1 year ago - Business Wire

Sylvamo to Release Second Quarter Earnings August 9

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release second quarter earnings Wednesday, Aug. 9, before the start of trading on the...

1 year ago - Business Wire

Sylvamo Chief Financial Officer to Participate in Fireside Chat, Host Meetings During the 2023 Wells Fargo Industrials Conference

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Senior leaders from Sylvamo (NYSE: SLVM), the world's paper company, will participate in a fireside chat and host individual meetings Wedne...

1 year ago - Business Wire

Sylvamo Announces New Latin America Senior Leader

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is announcing a senior leadership change for its Latin America division. Tatiana Kalman ha...

1 year ago - Business Wire

Sylvamo First Quarter Results In Line With Guidance

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing first quarter 2023 earnings. Message from the Chairman and Chief Executive Of...

1 year ago - Business Wire

Sylvamo Announces Senior Leadership Changes

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is announcing senior leadership changes effective July 1. Greg Gibson, senior vice preside...

1 year ago - Business Wire

Sylvamo to Release First Quarter Earnings May 9

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release first quarter earnings Tuesday, May 9, before the start of trading on the New...

1 year ago - Business Wire

Sylvamo Announces Cash Tender Offer Early Results

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing early results of its Feb. 22 cash tender offer. Tender Offer Highlights As of...

1 year ago - Business Wire

Jean-Michel Ribiéras Appointed to U.S.-Brazil CEO Forum

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is proud to announce Jean-Michel Ribiéras, chairman and chief executive officer, has been ...

1 year ago - Business Wire

Sylvamo Chief Executive Officer to Participate in Panel, Host Meetings During BofA's 2023 Global Agriculture and Materials Conference

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Senior leaders from Sylvamo (NYSE: SLVM), the world's paper company, will participate in a panel discussion and host individual meetings Th...

1 year ago - Business Wire

Sylvamo Announces Cash Tender Offer and Consent Solicitation for Any and All of Its Outstanding 7.000% Senior Notes Due 2029

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo Corporation (NYSE: SLVM) (“we,” “us,” “our” or the “Company”) today announced that it has commenced a tender offer (the “Tender Off...

1 year ago - Business Wire