Sylvamo (SLVM) Expected to Announce Earnings on Wednesday

Sylvamo (NYSE:SLVM) is projected to issue its quarterly earnings data before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $1.84 per share and revenue of $965.41 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Sylvamo (NYSE:SLVM) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.18 by $0.26. The company had revenue of $965.00 million for the quarter, compared to analyst estimates of $960.47 million. Sylvamo had a return on equity of 30.60% and a net margin of 7.13%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company earned $1.70 earnings per share. On average, analysts expect Sylvamo to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Sylvamo Stock Performance

Shares of SLVM opened at $76.44 on Tuesday. Sylvamo has a 52-week low of $44.94 and a 52-week high of $98.02. The firm has a market capitalization of $3.13 billion, a PE ratio of 11.89, a P/E/G ratio of 2.22 and a beta of 1.12. The firm has a 50-day moving average price of $81.76 and a 200 day moving average price of $81.59. The company has a quick ratio of 1.13, a current ratio of 1.72 and a debt-to-equity ratio of 0.94.

Sylvamo Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Monday, January 6th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.35%. The ex-dividend date was Monday, January 6th. Sylvamo’s dividend payout ratio (DPR) is presently 27.99%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Sidoti began coverage on Sylvamo in a research report on Tuesday, October 15th. They issued a “buy” rating and a $100.00 target price for the company. Bank of America restated an “underperform” rating and issued a $96.00 price objective on shares of Sylvamo in a report on Wednesday, December 11th.

About Sylvamo

Sylvamo Corporation produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Latin America, Europe, and North America. The company operates through Europe, Latin America, and North America segments. The Europe segment offers copy, tinted, and colored laser printing paper under REY Adagio and Pro-Design brands; and graphic and high-speed inkjet printing papers under the brand Jetstar; as well as produces uncoated freesheet papers.