Sylvamo (SLVM) Expected to Announce Earnings on Wednesday

Sylvamo (NYSE:SLVM - Get Free Report) is anticipated 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. Individual that are interested in participating in the company's earnings conference call can do so using this link.

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

Sylvamo Price Performance

SLVM stock traded down $1.58 during mid-day trading on Friday, reaching $76.91. The company's stock had a trading volume of 183,935 shares, compared to its average volume of 229,346. The company has a current ratio of 1.72, a quick ratio of 1.13 and a debt-to-equity ratio of 0.94. The company's 50 day moving average is $81.76 and its two-hundred day moving average is $81.46. Sylvamo has a fifty-two week low of $44.94 and a fifty-two week high of $98.02. The stock has a market cap of $3.15 billion, a PE ratio of 11.96, a P/E/G ratio of 2.22 and a beta of 1.12.

Sylvamo Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Monday, January 6th were given a $0.45 dividend. The ex-dividend date was Monday, January 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.34%. Sylvamo's dividend payout ratio (DPR) is presently 27.99%.

Analysts Set New Price Targets

Several analysts have issued reports on SLVM shares. Sidoti assumed coverage on Sylvamo in a report on Tuesday, October 15th. They issued a "buy" rating and a $100.00 target price for the company. Bank of America reissued an "underperform" rating and set a $96.00 price target on shares of Sylvamo in a research report on Wednesday, December 11th.

Sylvamo Company Profile

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.