Sylvamo (NYSE:SLVM) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

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 trading hands.

Key Headlines 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

Wall Street Analyst Weigh In

Several research analysts recently weighed in on SLVM shares. Truist Financial cut their target price on Sylvamo from $49.00 to $40.00 and set a “buy” rating on the stock in a research report on Monday, October 12th. Wall Street Zen raised Sylvamo from a “sell” rating to a “hold” rating in a research report on Sunday, August 2nd. Bank of America dropped their price target on Sylvamo from $45.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday, October 14th. Wells Fargo & Company initiated coverage on Sylvamo in a research note on Wednesday, September 16th. They set an “overweight” rating and a $47.00 price target for the company. Finally, Zacks Research upgraded Sylvamo from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $41.00.

Sylvamo Trading Up 20.1%

The firm has a market capitalization of $1.58 billion, a P/E ratio of -8.80, a P/E/G ratio of 1.85 and a beta of 0.87. The company has a current ratio of 1.47, a quick ratio of 0.80 and a debt-to-equity ratio of 0.88. The firm has a 50-day moving average of $34.01 and a two-hundred day moving average of $39.77.

Sylvamo (NYSE:SLVM) last announced its quarterly earnings data on Friday, November 6th. The company reported $1.33 earnings per share (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 company had revenue of $645.00 million for the quarter, compared to the consensus estimate of $817.79 million. During the same period in the previous year, the business earned $1.44 EPS. The firm’s revenue was down 23.8% compared to the same quarter last year. On average, analysts anticipate that Sylvamo Corporation will post 1.32 EPS for the current year.

Sylvamo Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Friday, October 2nd were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Friday, October 2nd. Sylvamo’s dividend payout ratio is 95.74%.

Institutional Investors Weigh In On Sylvamo

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Nykredit A S acquired a new position in Sylvamo in the 2nd quarter valued at about $33,000. Farther Finance Advisors LLC grew its position in Sylvamo by 68.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,094 shares of the company’s stock valued at $36,000 after acquiring an additional 446 shares in the last quarter. Signaturefd LLC increased its stake in Sylvamo by 54.9% during the 3rd quarter. Signaturefd LLC now owns 1,380 shares of the company’s stock worth $45,000 after buying an additional 489 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Sylvamo during the second quarter worth $68,000. Finally, Versant Capital Management Inc increased its holdings in Sylvamo by 378.3% during the 2nd quarter. Versant Capital Management Inc now owns 2,645 shares of the company’s stock worth $100,000 after purchasing an additional 2,092 shares during the period. 91.16% of the stock is currently 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.