Sylvamo Corporation (SLVM)
Market Cap | 2.11B |
Revenue (ttm) | 3.70B |
Net Income (ttm) | 298.00M |
Shares Out | 41.50M |
EPS (ttm) | 6.88 |
PE Ratio | 7.37 |
Forward PE | 58.48 |
Dividend | $0.74 (1.47%) |
Ex-Dividend Date | Oct 2, 2023 |
Volume | 299,267 |
Open | 51.45 |
Previous Close | 51.15 |
Day's Range | 50.50 - 52.40 |
52-Week Range | 37.59 - 57.38 |
Beta | 0.86 |
Analysts | Buy |
Price Target | 53.00 (+4.54%) |
Earnings Date | Nov 9, 2023 |
About SLVM
Sylvamo Corporation produces and markets uncoated freesheet, 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 high-speed inkjet printing papers under the brand Jetstar; as well as produces uncoated freesheet papers. This segment also operates paper and pulp mill. The Latin America segment focuses on uncoated freesheet paper... [Read more]
Financial Performance
In 2022, Sylvamo's revenue was $3.63 billion, an increase of 28.29% compared to the previous year's $2.83 billion. Earnings were $118.00 million, a decrease of -64.35%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for SLVM stock is "Buy." The 12-month stock price forecast is $53.0, which is an increase of 4.54% from the latest price.
News

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

Sylvamo Announces Dividend
MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo's (NYSE: SLVM) board of directors declared a quarterly dividend of $0.25 per share for the period of July 1, 2023, to Sept. 30, 202...

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...

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...

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...

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...

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 ...

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...

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...

Sylvamo Enters Into Cooperation Agreement, Appoints Two New Independent Directors
MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo's (NYSE: SLVM) board of directors entered into a cooperation agreement with Atlas Holdings, its largest shareowner, adding two new ...

Sylvamo Delivers Strong Earnings, Free Cash Flow and Shareowner Returns in First Full Year
MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing fourth quarter 2022 earnings. Financial Highlights - 2022 Full Year Net incom...

Sylvamo to Release Fourth Quarter Earnings Feb. 10
MEMPHIS, Tenn.--(BUSINESS WIRE)--Sylvamo (NYSE: SLVM), the world's paper company, will release fourth quarter earnings Friday, Feb. 10, before the New York Stock Exchange opens.

Sylvamo Acquires Nymölla Mill
MEMPHIS, Tenn.--(BUSINESS WIRE)--Sylvamo (NYSE: SLVM), the world's paper company, closed an agreement Monday acquiring Stora Enso's uncoated freesheet paper mill in Nymölla, Sweden, for 150 million ...

Sylvamo Acquires Mill in Nymolla, Sweden
MEMPHIS, Tenn.--(BUSINESS WIRE)--Sylvamo (NYSE: SLVM), the world's paper company, closed an agreement Monday acquiring Stora Enso's uncoated freesheet paper mill in Nymolla, Sweden, for 150 million ...

Sylvamo Delivers Strong Results, Fortifies Financial Position and Increases Quarterly Dividend
MEMPHIS, Tenn.

Sylvamo and WWF Partner to Conserve and Restore Forests in Key Global Regions
MEMPHIS, Tenn.