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 distributors, office product suppliers, retailers, and dealers. It also sells directly to converters that produce envelopes, forms, and other related products. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
IPO Year: 2021
Exchange: NYSE
Website: sylvamo.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/15/2024 | $100.00 | Buy | Sidoti |
| 8/12/2024 | $71.00 → $82.00 | Buy → Neutral | BofA Securities |
| 8/10/2023 | $55.00 → $44.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 7/10/2023 | $52.00 → $61.00 | Neutral → Buy | BofA Securities |
| 12/15/2022 | $56.00 → $58.00 | Buy → Neutral | BofA Securities |
| 10/13/2022 | $56.00 | Buy | BofA Securities |
| 4/7/2022 | $40.00 → $43.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 3/25/2022 | $38.00 → $39.00 | Neutral | BofA Securities |
| 2/14/2022 | $34.00 → $40.00 | Sector Perform | RBC Capital |
| 2/2/2022 | Underperform → Buy | BofA Securities |
4 - Sylvamo Corp (0001856485) (Issuer)
4 - Sylvamo Corp (0001856485) (Issuer)
4 - Sylvamo Corp (0001856485) (Issuer)
4 - Sylvamo Corp (0001856485) (Issuer)
4 - Sylvamo Corp (0001856485) (Issuer)
4 - Sylvamo Corp (0001856485) (Issuer)
4 - Sylvamo Corp (0001856485) (Issuer)
4 - Sylvamo Corp (0001856485) (Issuer)
4 - Sylvamo Corp (0001856485) (Issuer)
4 - Sylvamo Corp (0001856485) (Issuer)
Sylvamo (NYSE:SLVM), the world's paper company, is releasing third quarter 2024 earnings. Financial Highlights – Third Quarter vs. Second Quarter Net income of $95 million ($2.27 per diluted share) vs. $83 million ($1.98 per diluted share) Adjusted operating earnings1 of $102 million ($2.44 per diluted share) vs. $83 million ($1.98 per diluted share) Adjusted EBITDA2 of $193 million (20% margin) vs. $164 million (18% margin) Cash provided by operating activities of $163 million vs. $115 million Free cash flow3 of $119 million vs. $62 million Commercial and Operational Highlights – Third Quarter vs. Second Quarter Price and mix decreased by $4 million due to mix in Nor
Sylvamo (NYSE:SLVM), the world's paper company, will release third quarter earnings Tuesday, Nov. 12, before the start of trading on the New York Stock Exchange. The company will host an audio webcast at 10 a.m. EST / 9 a.m. CST. All interested parties are invited to listen at investors.sylvamo.com. Parties who wish to participate should call 800-715-9871 (U.S.) or +1-646-307-1963 (international) and use access code 2975749. Participants should call in no later than 9:45 a.m. EST / 8:45 a.m. CST. Replays are available at investors.sylvamo.com for one year and by phone for one week. To listen by phone, call 800-770-2030 (U.S.) or +1-609-800-9909 (international) and use access code 2975749
Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Oct. 1, 2024, to Dec. 31, 2024. The dividend is payable Oct. 17, 2024, to holders of record at the close of business Oct. 3, 2024. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Sylvamo.
Sylvamo (NYSE:SLVM), the world's paper company, is releasing second quarter 2024 earnings. Financial Highlights – Second Quarter vs. First Quarter Net income of $83 million ($1.98 per diluted share) vs. $43 million ($1.02 per diluted share) Adjusted operating earnings1 of $83 million ($1.98 per diluted share) vs. $45 million ($1.07 per diluted share) Adjusted EBITDA2 of $164 million (18% margin) vs. $118 million (13% margin) Cash provided by operating activities of $115 million vs. $27 million Free cash flow3 of $62 million vs. $(33) million Commercial and Operational Highlights – Second Quarter vs. First Quarter Price and mix improved by $26 million due to pulp and p
Sylvamo (NYSE:SLVM), the world's paper company, will release second quarter earnings Friday, Aug. 9, before the start of trading on the New York Stock Exchange. The company will host an audio webcast at 10 a.m. EDT / 9 a.m. CDT. All interested parties are invited to listen at investors.sylvamo.com. Parties who wish to participate should call +1-844-867-6169 (U.S.) or +1-409-207-6975 (international) and use access code 4990882. Participants should call in no later than 9:45 a.m. EDT / 8:45 a.m. CDT. Replays are available at investors.sylvamo.com for one year and by phone for 90 days, beginning at approximately 2 p.m. EDT / 1 p.m. CDT the day of the call. To listen to the replay by phon
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, 2024. The dividend is payable July 29, 2024, to holders of record at the close of business July 8, 2024. "I'm pleased our board approved increasing our quarterly dividend to 45 cents per share. This is the third increase in the last two years, highlighting our commitment to return substantial cash to shareowners," said Jean-Michel Ribiéras, chairman and chief executive officer. "We remain confident in our future and motivated by the opportunities that lie ahead." The quarterly dividend is increasing 50% from $0.30 per share to $0.45 per share. About Sy
Sylvamo (NYSE:SLVM), the world's paper company, is releasing first quarter 2024 earnings. Financial Highlights - First Quarter vs. Fourth Quarter Net income of $43 million ($1.02 per diluted share) vs. $49 million ($1.16 per diluted share) Adjusted operating earnings1 of $45 million ($1.07 per diluted share) vs. $49 million ($1.16 per diluted share) Adjusted EBITDA2 of $118 million (13% margin) vs. $117 million (12% margin) Cash provided by operating activities of $27 million vs. $167 million Free cash flow3 of $(33) million vs. $104 million Commercial and Operational Highlights – First Quarter vs. Fourth Quarter Price and mix were stable Volume decreased by $12 mi
Sylvamo (NYSE:SLVM), the world's paper company, will release first quarter earnings Friday, May 10, before the start of trading on the New York Stock Exchange. The company will host an audio webcast at 10 a.m. EDT / 9 a.m. CDT. All interested parties are invited to listen at investors.sylvamo.com. Parties who wish to participate should call +1-877-336-4440 (U.S.) or +1-409-207-6984 (international) and use access code 763504. Participants should call in no later than 9:45 a.m. EDT / 8:45 a.m. CDT. Replays are available at investors.sylvamo.com for one year and by phone for 90 days, beginning at approximately 2 p.m. EDT / 1 p.m. CDT the day of the call. To listen to the replay by phone,
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, 2024. The dividend is payable April 29, 2024, to holders of record at the close of business April 8, 2024. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Syl
Sylvamo (NYSE:SLVM), the world's paper company, is releasing fourth quarter 2023 earnings. Financial Highlights – 2023 Full Year Net income from continuing operations of $253 million ($5.93 per diluted share) Adjusted operating earnings1 of $278 million ($6.51 per diluted share) Adjusted EBITDA2 of $607 million (16% margin) Cash provided by operating activities from continuing operations of $504 million Free cash flow3 of $294 million Paid regular and special dividends totaling $57 million Repurchased 1,574,133 shares of our common stock for approximately $70 million, resulting in 41.2 million shares outstanding as of Dec. 31 Ended the year with net debt of $730 mi
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8-K - Sylvamo Corp (0001856485) (Filer)
10-Q - Sylvamo Corp (0001856485) (Filer)
8-K - Sylvamo Corp (0001856485) (Filer)
8-K - Sylvamo Corp (0001856485) (Filer)
8-K - Sylvamo Corp (0001856485) (Filer)
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Sidoti initiated coverage of Sylvamo with a rating of Buy and set a new price target of $100.00
BofA Securities downgraded Sylvamo from Buy to Neutral and set a new price target of $82.00 from $71.00 previously
RBC Capital Mkts downgraded Sylvamo from Outperform to Sector Perform and set a new price target of $44.00 from $55.00 previously
BofA Securities upgraded Sylvamo from Neutral to Buy and set a new price target of $61.00 from $52.00 previously
BofA Securities downgraded Sylvamo from Buy to Neutral and set a new price target of $58.00 from $56.00 previously
BofA Securities resumed coverage of Sylvamo with a rating of Buy and set a new price target of $56.00
RBC Capital Mkts upgraded Sylvamo from Sector Perform to Outperform and set a new price target of $43.00 from $40.00 previously
BofA Securities resumed coverage of Sylvamo with a rating of Neutral and set a new price target of $39.00 from $38.00 previously
RBC Capital reiterated coverage of Sylvamo with a rating of Sector Perform and set a new price target of $40.00 from $34.00 previously
BofA Securities upgraded Sylvamo from Underperform to Buy
Sylvamo's (NYSE:SLVM) board of directors entered into a cooperation agreement with Atlas Holdings, its largest shareowner, adding two new independent directors to its board. Effective March 1, Sylvamo will add Karl Meyers and Mark Wilde, expanding the company's board to 11 directors. "We look forward to welcoming Karl and Mark to our board," said Jean-Michel Ribiéras, chairman and chief executive officer. "They will bring valuable expertise to Sylvamo." The cooperation agreement includes customary restrictions and voting commitments. Sylvamo will nominate Meyers and Wilde for election with its other directors during its 2023 annual shareowners meeting. The board also determined it would
Sylvamo (NYSE:SLVM), the world's paper company, is releasing third quarter 2024 earnings. Financial Highlights – Third Quarter vs. Second Quarter Net income of $95 million ($2.27 per diluted share) vs. $83 million ($1.98 per diluted share) Adjusted operating earnings1 of $102 million ($2.44 per diluted share) vs. $83 million ($1.98 per diluted share) Adjusted EBITDA2 of $193 million (20% margin) vs. $164 million (18% margin) Cash provided by operating activities of $163 million vs. $115 million Free cash flow3 of $119 million vs. $62 million Commercial and Operational Highlights – Third Quarter vs. Second Quarter Price and mix decreased by $4 million due to mix in Nor
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. The decision to explore alternatives for the GCF business is consistent with the Company's strategy to focus on sustainable packaging solutions. IP's GCF business creates safe, high-quality absorbent pulp for a wide range of applications like feminine care, incontinence and other personal care products that promote health and wellness. In addition, its specialty pulp serves as a sustainable raw mat
Sylvamo (NYSE:SLVM), the world's paper company, and International Paper (NYSE:IP) are mutually terminating a supply agreement for uncoated freesheet, bristols and specialty papers at the Georgetown, South Carolina, mill. The agreement will terminate Dec. 31, 2024. Sylvamo is successfully transitioning many paper grades from Georgetown to its Ticonderoga, New York, and Eastover, South Carolina, mills to continue supplying customers. International Paper has announced plans to discontinue operations at the Georgetown mill. "We have been preparing for this possibility since our 2021 spinoff from International Paper. We will support our customers through this transition and will retain the mos
Sylvamo (NYSE:SLVM), the world's paper company, will release third quarter earnings Tuesday, Nov. 12, before the start of trading on the New York Stock Exchange. The company will host an audio webcast at 10 a.m. EST / 9 a.m. CST. All interested parties are invited to listen at investors.sylvamo.com. Parties who wish to participate should call 800-715-9871 (U.S.) or +1-646-307-1963 (international) and use access code 2975749. Participants should call in no later than 9:45 a.m. EST / 8:45 a.m. CST. Replays are available at investors.sylvamo.com for one year and by phone for one week. To listen by phone, call 800-770-2030 (U.S.) or +1-609-800-9909 (international) and use access code 2975749
Jean-Michel Ribiéras, chairman and chief executive officer of Sylvamo (NYSE:SLVM), the world's paper company, will host individual meetings Wednesday, Sept. 25, during the RBC Capital Markets 2024 Global Industrials Conference in Las Vegas, Nevada. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visi
Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Oct. 1, 2024, to Dec. 31, 2024. The dividend is payable Oct. 17, 2024, to holders of record at the close of business Oct. 3, 2024. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Sylvamo.
Sylvamo (NYSE:SLVM), the world's paper company, is releasing second quarter 2024 earnings. Financial Highlights – Second Quarter vs. First Quarter Net income of $83 million ($1.98 per diluted share) vs. $43 million ($1.02 per diluted share) Adjusted operating earnings1 of $83 million ($1.98 per diluted share) vs. $45 million ($1.07 per diluted share) Adjusted EBITDA2 of $164 million (18% margin) vs. $118 million (13% margin) Cash provided by operating activities of $115 million vs. $27 million Free cash flow3 of $62 million vs. $(33) million Commercial and Operational Highlights – Second Quarter vs. First Quarter Price and mix improved by $26 million due to pulp and p
Sylvamo (NYSE:SLVM), the world's paper company, will release second quarter earnings Friday, Aug. 9, before the start of trading on the New York Stock Exchange. The company will host an audio webcast at 10 a.m. EDT / 9 a.m. CDT. All interested parties are invited to listen at investors.sylvamo.com. Parties who wish to participate should call +1-844-867-6169 (U.S.) or +1-409-207-6975 (international) and use access code 4990882. Participants should call in no later than 9:45 a.m. EDT / 8:45 a.m. CDT. Replays are available at investors.sylvamo.com for one year and by phone for 90 days, beginning at approximately 2 p.m. EDT / 1 p.m. CDT the day of the call. To listen to the replay by phon
Sylvamo (NYSE:SLVM) senior vice president and chief financial officer, John Sims, will participate in a fireside chat and host meetings Tuesday, June 11, during the 2024 Wells Fargo Industrials Conference in Chicago, Illinois. The fireside chat will begin at 10:15 a.m. CDT and will be streamed online. To register and watch the webcast, click here. The presentation will be available at investors.sylvamo.com before the conference begins. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend
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, 2024. The dividend is payable July 29, 2024, to holders of record at the close of business July 8, 2024. "I'm pleased our board approved increasing our quarterly dividend to 45 cents per share. This is the third increase in the last two years, highlighting our commitment to return substantial cash to shareowners," said Jean-Michel Ribiéras, chairman and chief executive officer. "We remain confident in our future and motivated by the opportunities that lie ahead." The quarterly dividend is increasing 50% from $0.30 per share to $0.45 per share. About Sy
RBC Capital analyst Matthew McKellar maintains Sylvamo (NYSE:SLVM) with a Sector Perform and raises the price target from $56 to $63.
A worse-than-expected University of Michigan’s May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures. The report disclosed that both near-term and long-term inflation expectations have surged beyond projections this month, causing the broader consumer gauge to hit its lowest levels in six months. “If spending slows down and inflation increases, we'll get the opposite of the Goldilocks scenario that many were hoping for, and the Fed will be in an especially difficult position of choosing between accommodating a slowing economy and fighting increasing inflation expectations,” said Chris Zaccar
Sylvamo (NYSE:SLVM) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $1.02 by 4.9 percent. This is a 57.37 percent decrease over earnings of $2.51 per share from the same period last year. The company reported quarterly sales of $905.000 million which beat the analyst consensus estimate of $864.380 million by 4.70 percent. This is a 5.63 percent decrease over sales of $959.000 million the same period last year.
Sylvamo (NYSE:SLVM) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $1.02 by 4.9 percent. The company reported quarterly sales of $905.000 million which beat the analyst consensus estimate of $864.380 million by 4.70 percent. This is a 5.63 percent decrease over sales of $959.000 million the same period last year.
RBC Capital analyst Matthew McKellar reiterates Sylvamo (NYSE:SLVM) with a Sector Perform and raises the price target from $45 to $55.
What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the basic materials sector: Commercial Metals (NYSE:CMC) - P/E: 8.24 LSB Industries (NYSE:LXU) - P/E: 6.1 Clearwater Paper (NYSE:CLW) - P/E: 6.18 Sylvamo (NYSE:SLVM) - P/E: 9.31 Origin Mat (NASDAQ:ORGN) - P/E: 1.47 Commercial Metals ha
The Meaning Behind Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the basic materials sector: Steel Dynamics (NASDAQ:STLD) - P/E: 8.48 Alpha Metallurgical (NYSE:AMR) - P/E: 7.46 Albemarle (NYSE:ALB) - P/E: 8.79 Sylvamo (NYSE:SLVM) - P/E: 8.36 FMC (NYSE:FMC) - P/E: 4.57 Steel Dynamics has rep
Shares of Herbalife Ltd. (NYSE:HLF) fell sharply in today’s session following weak quarterly earnings. Herbalife posted adjusted earnings of 28 cents per share, missing market estimates of 39 cents per share. The company’s quarterly sales came in at $1.22 billion versus expectations of $1.19 billion. Herbalife shares dipped 35.7% to $7.55 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers JX Luxventure Limited (NASDAQ:JXJT) shares jumped 377% to $6.21 following H1 results. Dunxin Financial Holdings Limited (NYSE:DXF) surged 204% to $1.11 after gaining around 5% on Wednesday. China Natural Resources, Inc. (NASDAQ:CHNR) jumped 143% to $2.68 after gain