Sylvamo Corporation (SLVM)

NYSE: SLVM · IEX Real-Time Price · USD
50.70
-0.45 (-0.88%)
Dec 6, 2023, 4:00 PM EST - Market closed
-0.88%
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]

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

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 Statements

Analyst 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.

Price Target
$53.0
(4.54% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

4 weeks 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...

2 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...

2 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...

3 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...

4 months 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...

5 months 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...

5 months 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...

6 months 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...

7 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 $0.25 per share for the period of July 1, 2023, to Sept. 30, 202...

7 months 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...

7 months 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...

7 months 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...

8 months 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...

9 months 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 ...

9 months 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...

10 months 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...

10 months ago - Business Wire

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 ...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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.

11 months ago - Business Wire

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 ...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

Sylvamo to Release Third Quarter Earnings Nov. 10

MEMPHIS, Tenn.

1 year ago - Business Wire