Sylvamo Corporation (NYSE: SLVM) |
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Price: $67.2100
$-0.91
-1.336%
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Day's High:
| $68.76
| Week Perf:
| 2.13 %
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Day's Low: |
$ 67.05 |
30 Day Perf: |
-3.35 % |
Volume (M): |
331 |
52 Wk High: |
$ 98.02 |
Volume (M$): |
$ 22,247 |
52 Wk Avg: |
$75.05 |
Open: |
$68.07 |
52 Wk Low: |
$56.35 |
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Market Capitalization (Millions $) |
2,827 |
Shares
Outstanding (Millions) |
42 |
Employees |
6,500 |
Revenues (TTM) (Millions $) |
3,773 |
Net Income (TTM) (Millions $) |
302 |
Cash Flow (TTM) (Millions $) |
-75 |
Capital Exp. (TTM) (Millions $) |
221 |
Sylvamo Corporation
The address of our principal executive office is located at 1440 NW 1st Court,
Boca Raton, FL 33432. Our telephone number is (561) 939-249. Our company was
incorporated in the State of Nevada on December 5, 2003 under the name Computer
Maid, Inc. Our company was inactive until February 2006, when we changed our
name to Rose Explorations Inc. and became engaged in the exploration of mining
properties.
On March 4, 2008, our company completed a merger with our wholly-owned subsidiary,
Creative Waste Solutions, Inc., which was incorporated solely to effect the
name change of our company to Creative Waste Solutions, Inc.
On March 4, 2008, we affected a 3 for 1 forward stock split of our authorized,
issued and outstanding common stock. As a result, our authorized capital increased
from 75,000,000 shares of common stock with a par value of $0.001 to 225,000,000
shares of common stock with a par value of $0.001.
On April 13, 2011, we incorporated a wholly owned subsidiary, Silverstar Mining
(Canada) Inc., under the federal laws of Canada. The subsidiary’s main
purpose is to hold title to mineral property rights situated in Canada as the
laws of that country require that only local entities can hold title to mineral
property rights situated within its borders.
Our operating revenues tend to be somewhat higher in summer months, primarily
due to the higher volume of construction and demolition waste. The volumes of
industrial and residential waste in certain regions where we operate also tend
to increase during the summer months. Our second and third quarter revenues
and results of operations typically reflect these seasonal trends.
Service disruptions caused by severe storms, extended periods of inclement weather
or climate extremes can significantly affect the operating results of the affected
Areas. On the other hand, certain destructive weather conditions that tend to
occur during the second half of the year, such as the hurricanes that most often
impact our operations in the Southern and Eastern U.S., can actually increase
our revenues in the areas affected. While weather-related and other “one-time”
occurrences can boost revenues through additional work for a limited time, as
a result of significant start-up costs and other factors, such revenue can generate
earnings at comparatively lower margins.
Company Address: 6077 Primacy Parkway Memphis 38119 TN
Company Phone Number: 519-8000 Stock Exchange / Ticker: NYSE SLVM
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Stock Performances by Major Competitors |
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Business Update
Published Tue, Dec 3 2024 2:47 PM UTC
In a significant financial maneuver that underscores both the volatility of international tax regulations and the strategic planning of corporate finance, Sylvamo Corporation (NYSE: SLVM), recognized as the world?s paper company, has secured access to $60 million that was previously held in escrow. This move comes in the wake of a favorable ruling from a Brazilian court rega...
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Sylvamo Corporation
Sylvamo Corporation, the world's leading paper company, recently announced its first quarter 2024 earnings, providing insight into the company's performance in the Basic Materials sector. While the company announced a quarterly dividend of $0.30 per share, the financial results raise concerns about its profitability and overall outlook. In terms of the company's stock performance, Sylvamo Corporation shares experienced a notable increase of 10.88% in the trailing 30 days. This contributed to a share price increase of 9.14% during the second quarter of 2024. Furthermore, the shares reached their 52-week high, indicating positive market sentiment among investors.
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Sylvamo Corporation
Sylvamo Corporation, the world's leading paper company, continues to impress with its recent financial performance in the fourth quarter of the 2023 earnings season. Despite a challenging year for the Paper & Paper Products industry, Sylvamo displayed significant revenue growth, surpassing expectations and outperforming its peers. In the fourth quarter, Sylvamo Corporation reported revenue of $946.00 million, representing an impressive year-on-year increase of 19.899%. This growth is even more remarkable considering the rest of the Paper & Paper Products industry experienced a decline of -4.05% in their top-line during the same period. Additionally, quarter-on-quarter revenue surged by 5.463%, indicating a steady upward trajectory for Sylvamo.
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Dividend
Published Tue, Feb 20 2024 9:15 PM UTC
In a recent press release, Sylvamo Corporation (NYSE: SLVM) announced its board of directors decision to declare a quarterly dividend of $0.30 per share for the period of April 1, 2024, to June 30, 2024. With mills in Europe, Latin America, and North America, Sylvamo is recognized as the world s leading paper company. This article will outline the key details of S...
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Dividend
Published Fri, Dec 15 2023 9:15 PM UTC
Press release interpretations often provide the crux of the most critical and engaging information to potential investors. The latest from Sylvamo Corporation (NYSE: SLVM), a renowned global producer with paper mills scattered across Europe, Latin America, and North America, is of great interest to market-watchers and shareholders alike. Crucially, Sylvamo, also reg...
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Per Share |
Current |
Earnings (TTM) |
7.21 $ |
Revenues (TTM) |
89.7 $
|
Cash Flow (TTM) |
- |
Cash |
4.87 $
|
Book Value |
20.14 $
|
Dividend (TTM) |
1.48 $ |
|
Per Share |
|
Earnings (TTM) |
7.21 $
|
Revenues (TTM) |
89.7 $ |
Cash Flow (TTM) |
- |
Cash |
4.87 $
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Book Value |
20.14 $ |
Dividend (TTM) |
1.48 $ |
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Europe |
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20.1 % |
of total Revenue |
Latin America |
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25.6 % |
of total Revenue |
North America |
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55.13 % |
of total Revenue |
Uncoated Papers Europe |
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17.41 % |
of total Revenue |
Uncoated Papers Latin America |
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23.11 % |
of total Revenue |
Uncoated Papers North America |
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52.85 % |
of total Revenue |
Market Pulp Europe |
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2.59 % |
of total Revenue |
Market Pulp Latin America |
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1.76 % |
of total Revenue |
Market Pulp North America |
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2.28 % |
of total Revenue |
InterSales |
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-0.83 % |
of total Revenue |
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On May 10 2024 the Sylvamo provided following guidance
Sylvamo Corporation reported its first quarter earnings for 2024, meeting expectations with a net income of $43 million, or $1.02 per diluted share. This was slightly lower than the previous quarter's net income of $49 million, or $1.16 per diluted share. Adjusted operating earnings for the first quarter were $45 million, or $1.07 per diluted share, compared to $49 million, or $1.16 per diluted share in the fourth quarter. Adjusted EBITDA for the first quarter was $118 million, with a margin of 13%, slightly higher than the previous quarter's $117 million, with a margin of 12%. Cash provided by operating activities remained strong, indicating a healthy financial position for Sylvamo.
Looking ahead, Sy...
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