Sylvamo Corporation (SLVM)

NYSE: SLVM · IEX Real-Time Price · USD
43.46
-0.24 (-0.55%)
At close: Aug 17, 2022 4:01 PM
43.00
-0.46 (-1.06%)
After-hours: Aug 17, 2022 5:27 PM EDT
-0.55%
Market Cap 1.92B
Revenue (ttm) 3.92B
Net Income (ttm) 121.00M
Shares Out 44.13M
EPS (ttm) 7.52
PE Ratio 5.78
Forward PE 5.87
Dividend $0.11 (0.26%)
Ex-Dividend Date Jun 16, 2022
Volume 258,164
Open 43.29
Previous Close 43.70
Day's Range 42.63 - 43.58
52-Week Range 23.10 - 53.00
Beta n/a
Analysts Buy
Price Target 50.49 (+16.2%)
Earnings Date Aug 11, 2022

About SLVM

Sylvamo Corporation produces and supplies printing paper in Latin America, Europe, and North America. The company offers uncoated freesheet for paper products, such as cutsize and offset paper; and markets pulp, aseptic, and liquid packaging board, as well as coated unbleached kraft papers. It also produces hardwood pulp, including bleached hardwood kraft and bleached eucalyptus kraft; bleached softwood kraft; and bleached chemi-thermomechanical pulp. The company distributes its products through a variety of channels, including merchants and di... [Read more...]

Industry Paper & Paper Products
Employees 7,500
Stock Exchange NYSE
Ticker Symbol SLVM
Full Company Profile

Financial Performance

In 2021, Sylvamo's revenue was $3.50 billion, an increase of 16.38% compared to the previous year's $3.01 billion. Earnings were $331.00 million, an increase of 94.71%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for SLVM stock is "Buy." The 12-month stock price forecast is 50.49, which is an increase of 16.18% from the latest price.

Price Target
$50.49
(16.18% upside)
Analyst Consensus: Buy

News

Sylvamo Second Quarter Results Show Increased Earnings and Operating Margins, Annual Guidance Raised

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing second quarter 2022 earnings. Message from the Chairman and Chief Executive Off...

Sylvamo to Release Second-Quarter Earnings Aug. 11

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release second-quarter earnings Thursday, Aug. 11, before the New York Stock Exchange o...

Sylvamo Announces Dividend, Share Repurchase Program

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo's (NYSE: SLVM) board of directors declared a quarterly dividend of $0.1125 per share for the period of July 1, 2022, to Sept. 30, 202...

Sylvamo Releases First-Quarter 2022 Results

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, is releasing first-quarter 2022 earnings. Message from the Chairman and Chief Executive Offi...

These 4 Paper Stocks Are Going Strong

The Paper and Related Products industry offers some attractive investment opportunities.

Other symbols: CLWMERCVRTV

Sylvamo Adopts Shareholder Rights Plan

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo's (NYSE: SLVM) board of directors unanimously adopted a limited-duration shareholder rights plan to protect the interests of all shar...

Sylvamo to Release First-Quarter Earnings May 11

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCo--Sylvamo (NYSE: SLVM), the world's paper company, will release first-quarter earnings Wednesday, May 11, before the opening of the New York St...

Sylvamo to Suspend Russian Operations

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCompany--Sylvamo (NYSE: SLVM) is beginning an orderly suspension of operations in Russia. The suspension will focus on employee and contractor sa...

Sylvamo may shut down production at Russian mill later this week

Shares of Sylvamo Corp. SLVM, -4.61% sank 5.1% in premarket trading Wednesday, after the Tennessee-based paper company said it "may curtail or temporarily shut down" production at its mill in Svetogorsk...

Svetogorsk Mill May Curtail or Temporarily Shut Down Production

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCompany--Facing inadequate supplies of critical raw materials, Sylvamo (NYSE: SLVM) may curtail or temporarily shut down pulp and paper productio...

Sylvamo Chief Executive Officer to Participate in Panel, Host Meetings During BofA's 2022 Global Agriculture and Mate...

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

Sylvamo Releases Fourth-Quarter Results With Robust Earnings and Cash Flow

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCompany--Sylvamo (NYSE: SLVM), the world's paper company, released fourth-quarter 2021 earnings. Message from the Chairman and Chief Executive Of...

Sylvamo to Release Fourth-Quarter Earnings Feb. 11

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCompany--Sylvamo (NYSE: SLVM), the world's paper company, will release fourth-quarter earnings Friday, Feb. 11, before the opening of the New Yor...

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

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

Sylvamo Chief Executive Officer to Host Meetings During the Citi 2021 Basic Materials Virtual Conference

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCompany--Senior leaders from Sylvamo (NYSE: SLVM), the world's paper company, will host individual meetings Nov. 30-Dec. 1, during the Citi 2021 ...

Sylvamo Chief Financial Officer to Host Meetings During the Stephens 23rd Annual Investment Conference

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCompany--Senior leaders from Sylvamo (NYSE: SLVM), the world's paper company, will host individual meetings Dec. 2, during the Stephens 23rd Annu...

Jean-Michel Ribiéras Nominated to AF&PA Board of Directors

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

Sylvamo Releases Third-Quarter Results with Strong Earnings and Cash Flow

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCompany--Sylvamo Corporation (NYSE: SLVM), the world's paper company, released third-quarter 2021 earnings. Message from the Chairman and Chief E...

Sylvamo to Release Third-Quarter Earnings Nov. 10

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCompany--Sylvamo (NYSE: SLVM), the world's paper company, will release third-quarter earnings Wednesday, Nov. 10, before the opening of the New Y...

Sylvamo Stock Is Affordable In Positive Paper Pricing Environment, BofA Says

Sylvamo Corporation's (NYSE:SLVM) stock is trading at an attractive valuation at a time when uncoated free sheet (UCFS) prices are rising, according to BofA Securities. The Sylvamo Analyst: George Staph...

Sylvamo Becomes Independent, Publicly Traded Company

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SLVM #TheWorldsPaperCompany--Friday signifies a new beginning for Sylvamo (NYSE: SLVM), a spinoff of International Paper's (NYSE: IP) global papers business, as it b...

Other symbols: IP

Sylvamo Set to Join S&P SmallCap 600

NEW YORK, Sept. 28, 2021 /PRNewswire/ -- Sylvamo Corp. (NYSE: SLVM) will replace Stamps.com Inc. (NASD: STMP) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 4.

Other symbols: IPSPGI