Sidoti Has Pessimistic Outlook of Sylvamo Q3 Earnings

Sylvamo Corporation (NYSE:SLVM) – Equities researchers at Sidoti dropped their Q3 2026 earnings estimates for shares of Sylvamo in a note issued to investors on Tuesday, February 17th. Sidoti analyst D. Harriman now anticipates that the company will post earnings of $1.55 per share for the quarter, down from their prior estimate of $1.66. The consensus estimate for Sylvamo’s current full-year earnings is $7.45 per share.

Other equities research analysts have also recently issued research reports about the stock. Bank of America raised shares of Sylvamo from an “underperform” rating to a “buy” rating and lifted their price target for the stock from $41.00 to $59.00 in a report on Monday, November 17th. Royal Bank Of Canada restated a “sector perform” rating and issued a $53.00 target price on shares of Sylvamo in a research note on Thursday, December 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sylvamo in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $56.00.

Sylvamo Stock Down 8.0%

SLVM opened at $47.24 on Wednesday. Sylvamo has a twelve month low of $37.51 and a twelve month high of $73.73. The company’s 50-day moving average price is $50.04 and its two-hundred day moving average price is $46.34. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 14.49 and a beta of 0.95. The company has a quick ratio of 0.92, a current ratio of 1.50 and a debt-to-equity ratio of 0.79.

Sylvamo (NYSE:SLVM) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.03. The company had revenue of $890.00 million during the quarter, compared to analyst estimates of $858.76 million. Sylvamo had a net margin of 3.94% and a return on equity of 15.12%. The firm’s revenue for the quarter was down 8.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.96 earnings per share.

Sylvamo Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Shareholders of record on Monday, January 5th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, January 5th. This represents a $1.80 dividend on an annualized basis and a yield of 3.8%. Sylvamo’s payout ratio is presently 55.21%.

Hedge Funds Weigh In On Sylvamo

Several hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada lifted its holdings in Sylvamo by 49.4% during the 1st quarter. Royal Bank of Canada now owns 22,853 shares of the company’s stock worth $1,532,000 after purchasing an additional 7,556 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Sylvamo by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,690 shares of the company’s stock valued at $1,388,000 after buying an additional 893 shares in the last quarter. Empowered Funds LLC increased its position in shares of Sylvamo by 16.9% during the first quarter. Empowered Funds LLC now owns 17,730 shares of the company’s stock valued at $1,189,000 after buying an additional 2,557 shares during the period. Intech Investment Management LLC lifted its holdings in shares of Sylvamo by 25.9% in the first quarter. Intech Investment Management LLC now owns 18,140 shares of the company’s stock worth $1,217,000 after buying an additional 3,727 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of Sylvamo in the second quarter valued at approximately $445,000. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Sylvamo Company Profile

Sylvamo Corporation, trading on the New York Stock Exchange under the ticker SLVM, is a leading global producer of uncoated freesheet paper. The company was established in October 2021 through a spin-off from International Paper, creating an independent entity focused exclusively on the development, manufacturing and marketing of high-quality uncoated paper products. Headquartered in Memphis, Tennessee, Sylvamo draws on decades of industry experience inherited from its predecessor, positioning itself to meet evolving customer needs in paper-based communications and packaging applications.

The company’s core product portfolio includes office and digital print papers, direct mail and marketing materials, catalog and commercial printing papers, and a range of specialty and value-added grades.