Sylvamo Stock Price, News & Analysis (NYSE:SLVM)

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sylvamo in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SLVM shares.
View SLVM analyst ratings or view top-rated stocks.

2 brokers have issued 12 month price objectives for Sylvamo's shares. Their SLVM share price targets range from $45.00 to $61.00. On average, they predict the company's stock price to reach $53.00 in the next year. This suggests a possible upside of 8.3% from the stock's current price.
View analysts price targets for SLVM or view top-rated stocks among Wall Street analysts.

Sylvamo's stock was trading at $48.59 at the beginning of the year. Since then, SLVM shares have increased by 0.7% and is now trading at $48.92.
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Sylvamo saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 869,900 shares, a decline of 26.9% from the October 31st total of 1,190,000 shares. Based on an average daily trading volume, of 286,100 shares, the short-interest ratio is presently 3.0 days. Currently, 2.5% of the company's stock are sold short.
View Sylvamo's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 9th 2024.
View our SLVM earnings forecast.

Sylvamo Co. (NYSE:SLVM) posted its quarterly earnings data on Thursday, November, 9th. The company reported $1.70 EPS for the quarter, beating analysts' consensus estimates of $1.29 by $0.41. The company had revenue of $897 million for the quarter, compared to analysts' expectations of $921.35 million. Sylvamo had a trailing twelve-month return on equity of 39.92% and a net margin of 8.05%. The company's quarterly revenue was down 7.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.51 earnings per share.

Sylvamo declared a quarterly dividend on Tuesday, September 19th. Shareholders of record on Tuesday, October 3rd will be paid a dividend of $0.30 per share on Tuesday, October 17th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date is Monday, October 2nd. This is a boost from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for SLVM.

Sylvamo (NYSE:SLVM) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLVM will have a dividend payout ratio of 25.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SLVM.

ETFs with the largest weight of Sylvamo (NYSE:SLVM) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), iShares Global Timber & Forestry ETF (WOOD), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), Invesco MSCI Global Timber ETF (CUT), Distillate Small/Mid Cash Flow ETF (DSMC) and Royce Quant Small-Cap Quality Value ETF (SQLV).Schwab Fundamental U.S. Small Company Index ETF (FNDA).

Sylvamo's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (5.49%), Royal London Asset Management Ltd. (4.36%), LSV Asset Management (4.32%), William Blair Investment Management LLC (4.24%), Charles Schwab Investment Management Inc. (1.77%) and Morgan Stanley (1.26%). Insiders that own company stock include Gregory C Gibson, Jeanmichel Ribieras, John V Sims, Karl L Meyers, Kevin W Ferguson, Paper Co /New/ International and Thomas A Cleves.
View institutional ownership trends.

Shares of SLVM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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