Stocks

Sylvamo (NYSE:SLVM) Trading Down 9.7% - What's Next?

Published February 13, 2025

Sylvamo Co. (NYSE:SLVM) experienced a significant decline on Wednesday, with its share price dropping by 9.7%. The stock reached a low of $68.36 before settling at $68.75 by the end of the trading session. The trading volume was 56,650 shares, a substantial decrease of 77% compared to the average volume of 241,966 shares. Previously, the stock had closed at $76.12.

Wall Street Analysts Forecast Growth

Various analysts have recently provided updates on Sylvamo. Bank of America maintained an "underperform" rating and set a price target of $96.00 for the shares in a report dated December 11. Meanwhile, Sidoti initiated coverage on Sylvamo on October 15, giving the company a "buy" rating with a price objective of $100.00.

View Our Latest Analysis on SLVM

Sylvamo Trading Down 10.8 %

The company holds a market capitalization of $2.78 billion, a price-to-earnings (P/E) ratio of 10.56, and a price-to-earnings-growth (PEG) ratio of 2.22. Its beta stands at 1.12. The quick ratio is recorded at 1.13, while the current ratio is at 1.72. The debt-to-equity ratio is 0.94. Additionally, Sylvamo's 50-day moving average price is $81.11, and its 200-day moving average price is $81.61.

Sylvamo most recently posted its quarterly earnings on February 12, reporting earnings per share (EPS) of $1.94, exceeding the consensus estimate of $1.84 by $0.10. The company also recorded a net margin of 7.13% and a return on equity of 30.60%. Analysts anticipate that Sylvamo will achieve an EPS of 7.15 for the current fiscal year.

Sylvamo Announces Dividend

The company has also declared a quarterly dividend, paid on January 24. Shareholders on record as of January 6 received a dividend of $0.45. With an annualized dividend amounting to $1.80, the yield is at 2.65%, and the current dividend payout ratio stands at 27.99%.

Institutional Trading of Sylvamo

Several institutional investors have recently adjusted their positions in Sylvamo. Orion Portfolio Solutions LLC raised its stake by 14% during the fourth quarter, now owning 10,313 shares valued at $815,000 after an additional purchase of 1,267 shares. Norges Bank entered the picture with a new stake worth about $6.5 million. JPMorgan Chase & Co. boosted its holdings by 62%, now holding 141,524 shares valued at $11.18 million after acquiring 54,172 additional shares. Mitsubishi UFJ Trust & Banking Corp enhanced its position by 5.1%, owning 51,041 shares worth $4.03 million after adding 2,477 shares. Prudential Financial Inc. grew its stake by 0.8%, with 133,168 shares valued at $10.52 million. Institutional investors and hedge funds currently hold 91.16% of the stock.

About Sylvamo

Sylvamo Corporation specializes in producing and marketing uncoated freesheet products for various applications in Latin America, Europe, and North America. The company operates across different segments, including Europe, Latin America, and North America. In Europe, it offers copy, tinted, and colored laser printing paper under the REY Adagio and Pro-Design brands and graphic and high-speed inkjet printing papers under the Jetstar brand, along with producing uncoated freesheet papers.

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