Sylvamo Corporation (SLVM)

NYSE: SLVM · Real-Time Price · USD
81.09
+2.01 (2.54%)
Dec 20, 2024, 4:00 PM EST - Market closed
2.54%
Market Cap 3.33B
Revenue (ttm) 3.77B
Net Income (ttm) 270.00M
Shares Out 41.01M
EPS (ttm) 6.41
PE Ratio 12.65
Forward PE 11.94
Dividend $1.80 (2.22%)
Ex-Dividend Date Oct 3, 2024
Volume 567,991
Open 78.14
Previous Close 79.08
Day's Range 77.98 - 81.15
52-Week Range 44.94 - 98.02
Beta 0.93
Analysts Hold
Price Target 89.00 (+9.76%)
Earnings Date Feb 13, 2025

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
Founded 1898
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 "Hold." The 12-month stock price forecast is $89.0, which is an increase of 9.76% from the latest price.

Price Target
$89.0
(9.76% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Sylvamo Announces Dividend

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 Jan. 1, 2025, to March 31, 202...

3 days ago - Business Wire

Sylvamo to Pay Down Debt With $60 Million Released From Escrow

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, now has access to $60 million initially put in escrow for disputed goodwill tax deductions...

18 days ago - Business Wire

Sylvamo: Asymmetrical Risk/Reward Setup For Long-Term Upside

Sylvamo continues to compound on the background of strong earnings growth and efficient capital deployment. Q3 earnings showed a 750bps YoY sales increase, with $119mm in free cash flow and a 20% adju...

25 days ago - Seeking Alpha

Sylvamo Chief Financial Officer to Participate in Fireside Chat, Host Meetings During Citi's 2024 Basic Materials Conference

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--John Sims, senior vice president and chief financial officer of Sylvamo (NYSE: SLVM), the world's paper company, will participate in a fire...

26 days ago - Business Wire

Sylvamo Corporation (SLVM) Q3 2024 Earnings Call Transcript

Sylvamo Corporation (NYSE:SLVM) Q3 2024 Results Conference Call November 12, 2024 10:00 AM ET Company Participants Hans Bjorkman - Vice President, Investor Relations Jean-Michel Ribiéras - Chairman a...

5 weeks ago - Seeking Alpha

Sylvamo Quarterly Results Exceed Outlook, Generates Strong Free Cash Flow

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

5 weeks ago - Business Wire

International Paper Announces Review of Strategic Options for Global Cellulose Fibers Business and Closure of Georgetown, S.C. Pulp and Paper Mill

MEMPHIS, Tenn. , Oct. 31, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced the decision to review strategic options for its global cellulose fibers (GCF) business.

Other symbols: IP
7 weeks ago - PRNewsWire

Sylvamo, International Paper Terminate Georgetown Supply Agreement

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, and International Paper (NYSE: IP) are mutually terminating a supply agreement for uncoate...

Other symbols: IP
7 weeks ago - Business Wire

Sylvamo to Release Third Quarter Earnings Nov. 12

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release third quarter earnings Tuesday, Nov. 12, before the start of trading on the N...

2 months ago - Business Wire

Sylvamo Chief Executive Officer to Host Meetings During RBC Capital Markets 2024 Global Industrials Conference

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Jean-Michel Ribiéras, chairman and chief executive officer of Sylvamo (NYSE: SLVM), the world's paper company, will host individual meeting...

3 months ago - Business Wire

Undercovered Stock Picks From September 6-12: Lithium, Uranium, Gold, & Plastic

The 'Undercovered' Dozen series highlights 12 undercovered stocks, providing investment ideas and sparking community discussion on their potential. Zach Bristow argues that Sylvamo Corporation offers ...

3 months ago - Seeking Alpha

Sylvamo: Buy Thesis Remains Intact With Valuation Upsides + High Returns On Capital

Sylvamo produces strong capital allocation into high-return projects, suggesting it will carry higher prices into the future. Management's shareholder-oriented approach includes a 50% dividend increas...

3 months ago - Seeking Alpha

Sylvamo Corporation (SLVM) Q2 2024 Earnings Call Transcript

Sylvamo Corporation (NYSE:SLVM) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Hans Bjorkman - VP, IR Jean-Michel Ribieras - Chairman and CEO John Sims - SVP and CFO...

4 months ago - Seeking Alpha

Sylvamo Quarterly Results Exceed Outlook

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

4 months ago - Business Wire

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...

5 months ago - Business Wire

Sylvamo Corporation: Look For Cannibals

Trading at a near 10% earnings yield, Sylvamo Corporation is a global uncoated papers company with low-cost operations and a history of offering premium quality papers. Charlie Munger advised investor...

6 months ago - Seeking Alpha

Sylvamo: Growth, Returns, FCF Not Yet Priced In

Sylvamo stock has increased by 45% and exceeded my previous valuation target of $55/share. The company's performance in Q1 FY 2024 showed strong net sales and a reduction in economic downtime, which c...

7 months ago - Seeking Alpha

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...

7 months 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...

7 months ago - Business Wire

Sylvamo Corporation (SLVM) Q1 2024 Earnings Call Transcript

Sylvamo Corporation (NYSE:SLVM) Q1 2024 Earnings Conference Call May 10, 2024 10:00 AM ET Company Participants Hans Bjorkman - VP, IR Jean-Michel Ribiéras - Chairman and CEO John Sims - SVP and CFO C...

8 months ago - Seeking Alpha

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 ...

8 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...

9 months ago - Business Wire

Sylvamo Corporation Stock: Printing Value Through Growing Free Cash Flow

We recap Sylvamo Corporation's latest quarterly results which beat expectations. The company is delivering strong free cash flow, benefiting from a cost advantage within the global uncoated paper indu...

9 months ago - Seeking Alpha

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...

10 months ago - Business Wire

Sylvamo Corporation (SLVM) Q4 2023 Earnings Call Transcript

Sylvamo Corporation (SLVM) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha