Sylvamo (NYSE:SLVM) Stock Price Breaks Above Fifty Day Moving Average – Here’s Why

Sylvamo Corporation (NYSE:SLVM) shares passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $34.01 and traded as high as $41.16. Sylvamo shares last traded at $39.7010, with a volume of 848,136 shares.

Key Stories Impacting 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

Analyst Ratings Changes

SLVM has been the subject of a number of analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Sylvamo in a research report on Wednesday. Wall Street Zen raised Sylvamo from a “sell” rating to a “hold” rating in a report on Sunday, August 2nd. Zacks Research raised shares of Sylvamo from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. Truist Financial decreased their price target on shares of Sylvamo from $49.00 to $40.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Finally, Bank of America dropped their price objective on shares of Sylvamo from $45.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday, October 14th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $41.00.

Sylvamo Stock Performance

The firm has a market cap of $1.58 billion, a PE ratio of 21.12, a PEG ratio of 1.56 and a beta of 0.87. The company has a 50-day simple moving average of $34.01 and a two-hundred day simple moving average of $39.77. The company has a quick ratio of 0.80, a current ratio of 1.47 and a debt-to-equity ratio of 0.88.

Sylvamo (NYSE:SLVM) last released its quarterly earnings results on Friday, November 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.20. The business had revenue of $645.00 million for the quarter, compared to analyst estimates of $817.79 million. Sylvamo had a net margin of 2.31% and a return on equity of 8.36%. The business’s revenue for the quarter was down 23.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.44 earnings per share. As a group, equities research analysts forecast that Sylvamo Corporation will post 1.32 earnings per share for the current year.

Sylvamo Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Friday, October 2nd were issued 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 yield of 4.5%. Sylvamo’s dividend payout ratio (DPR) is presently 95.74%.

Institutional Trading of Sylvamo

A number of hedge funds have recently bought and sold shares of the company. Allianz Asset Management GmbH grew its position in shares of Sylvamo by 15.8% during the 2nd quarter. Allianz Asset Management GmbH now owns 506,147 shares of the company’s stock valued at $19,132,000 after acquiring an additional 69,195 shares during the period. Tidal Investments LLC bought a new stake in shares of Sylvamo during the 2nd quarter worth about $1,299,000. State Street Corp boosted its stake in Sylvamo by 5.2% in the second quarter. State Street Corp now owns 1,389,749 shares of the company’s stock worth $52,533,000 after purchasing an additional 69,299 shares in the last quarter. Rokos Capital Management LLP acquired a new stake in Sylvamo in the 1st quarter valued at approximately $10,802,000. Finally, Dimensional Fund Advisors LP raised its holdings in Sylvamo by 5.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,362,474 shares of the company’s stock valued at $57,547,000 after acquiring an additional 72,177 shares in the last quarter. Hedge funds and other institutional investors own 91.16% of the company’s stock.

About Sylvamo

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.