Sylvamo (SLVM) Stock Forecast, Price & News

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

2 equities research analysts have issued 12 month target prices for Sylvamo's stock. Their SLVM share price forecasts range from $44.00 to $61.00. On average, they anticipate the company's stock price to reach $52.50 in the next year. This suggests a possible upside of 20.9% 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 2023. Since then, SLVM shares have decreased by 10.7% and is now trading at $43.41.
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Sylvamo saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,270,000 shares, an increase of 42.2% from the August 31st total of 893,200 shares. Based on an average daily volume of 350,200 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.6% of the shares of the company are short sold.
View Sylvamo's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our SLVM earnings forecast.

Sylvamo Co. (NYSE:SLVM) announced its quarterly earnings results on Wednesday, August, 9th. The company reported $1.14 EPS for the quarter, beating analysts' consensus estimates of $0.97 by $0.17. The firm earned $919 million during the quarter, compared to analyst estimates of $950.84 million. Sylvamo had a net margin of 7.87% and a trailing twelve-month return on equity of 55.02%. The firm's revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.02 EPS.

Sylvamo declared a quarterly dividend on Tuesday, September 19th. Shareholders of record on Tuesday, October 3rd will be given a dividend of $0.30 per share on Tuesday, October 17th. This represents a $1.20 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date is Monday, October 2nd. This is a positive change from the stock's previous quarterly dividend of $0.25.
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 (NYSE:SLVM) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.28%. The dividend payout ratio is 14.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLVM will have a dividend payout ratio of 21.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SLVM.

Sylvamo trades on the New York Stock Exchange (NYSE) under the ticker symbol "SLVM."

Sylvamo's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.48%), LSV Asset Management (4.14%), William Blair Investment Management LLC (3.60%), State Street Corp (2.93%), Dimensional Fund Advisors LP (2.48%) and Pacer Advisors Inc. (2.13%). 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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One share of SLVM stock can currently be purchased for approximately $43.41.

Sylvamo (NYSE:SLVM) has a market capitalization of $1.82 billion and generates $3.63 billion in revenue each year. The company earns $118 million in net income (profit) each year or $6.80 on an earnings per share basis.

The company employs 6,500 workers across the globe.

Sylvamo's mailing address is 6400 POPLAR AVENUE, MEMPHIS TN, 38197. The official website for the company is www.sylvamo.com. The company can be reached via phone at 901-519-8000 or via email at webir@sylvamo.com.