Sylvamo Corporation (NYSE:SLVM) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Sylvamo Corporation (NYSE:SLVM) have been given an average rating of “Hold” by the six analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $41.00.

Several brokerages have recently weighed in on SLVM. Zacks Research upgraded shares of Sylvamo from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. Truist Financial cut their target price on Sylvamo from $49.00 to $40.00 and set a “buy” rating for the company in a research report on Monday, October 12th. Wells Fargo & Company initiated coverage on Sylvamo in a report on Wednesday, September 16th. They set an “overweight” rating and a $47.00 price target for the company. Wall Street Zen raised Sylvamo from a “sell” rating to a “hold” rating in a report on Sunday, August 2nd. Finally, Bank of America reduced their target price on Sylvamo from $45.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday, October 14th.

Trending Headlines about Sylvamo

Here are the key news stories impacting Sylvamo this week:

• Positive Sentiment: Sylvamo reported third-quarter earnings of $1.33 per share, above analyst estimates of roughly $1.04–$1.13. The earnings surprise likely helped lift investor sentiment. Sylvamo Surpasses Q3 Earnings Estimates
• Positive Sentiment: The company entered a put option agreement for a potential sale of its European operations to Midas Atlantic Partners and The Najafi Companies. The proposed deal covers its mills in France and Sweden, plus related forestry and support operations; closing is expected in Q1 2027, subject to required processes. A divestiture could let Sylvamo focus its business, though terms and proceeds were not disclosed in the provided reports. Sylvamo Announces Plans to Sell Europe Business
• Negative Sentiment: Revenue was $645 million, well below the cited analyst estimate of $817.79 million and down 23.8% year over year. EPS also declined from $1.44 in the year-ago quarter, highlighting pressure on the business despite the estimate beat. Sylvamo Q3 Earnings Results

Sylvamo Stock Up 20.1%

Shares of SLVM opened at $39.70 on Monday. The firm’s 50 day moving average is $34.01 and its 200-day moving average is $39.77. The stock has a market capitalization of $1.58 billion, a PE ratio of 21.12, a P/E/G ratio of 1.56 and a beta of 0.87. Sylvamo has a 12 month low of $30.40 and a 12 month high of $56.80. The company has a current ratio of 1.47, a quick ratio of 0.80 and a debt-to-equity ratio of 0.88.

Sylvamo (NYSE:SLVM) last issued its quarterly earnings results on Friday, November 6th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.20. Sylvamo had a return on equity of 8.36% and a net margin of 2.31%. The firm had revenue of $645.00 million for the quarter, compared to analysts’ expectations of $817.79 million. During the same quarter in the prior year, the firm earned $1.44 EPS. The business’s revenue for the quarter was down 23.8% compared to the same quarter last year. Equities research analysts forecast that Sylvamo will post 1.32 EPS for the current year.

Sylvamo Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Friday, October 2nd were given a dividend of $0.45 per share. The ex-dividend date was Friday, October 2nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.5%. Sylvamo’s dividend payout ratio (DPR) is presently 95.74%.

Hedge Funds Weigh In On Sylvamo

Institutional investors have recently bought and sold shares of the company. Rokos Capital Management LLP acquired a new stake in shares of Sylvamo during the 1st quarter worth approximately $10,802,000. William Blair Investment Management LLC boosted its position in shares of Sylvamo by 27.4% in the third quarter. William Blair Investment Management LLC now owns 776,124 shares of the company’s stock worth $25,364,000 after purchasing an additional 167,038 shares during the period. Bank of America Corp DE raised its position in Sylvamo by 81.6% during the first quarter. Bank of America Corp DE now owns 224,199 shares of the company’s stock valued at $9,470,000 after purchasing an additional 100,746 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Sylvamo by 5.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,362,474 shares of the company’s stock worth $57,547,000 after buying an additional 72,177 shares during the period. Finally, State Street Corp grew its stake in shares of Sylvamo by 5.2% during the second quarter. State Street Corp now owns 1,389,749 shares of the company’s stock worth $52,533,000 after acquiring an additional 69,299 shares during the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Sylvamo Company Profile

Sylvamo Corporation is a global producer of uncoated paper products. The company manufactures papers used for printing, copying, writing, publishing, commercial applications, notebooks, envelopes and other everyday communication needs. Its portfolio includes branded and private-label products serving businesses, retailers, publishers, printers and consumers.

Sylvamo operates paper mills and related facilities in North America, Latin America and Europe, with products sold to customers in numerous markets worldwide.