WallStreetZenWallStreetZen

How to Buy Sylvamo Stock

Sylvamo Corp

Sylvamo is a paper company located in Tennessee, United States, which is part of the Basic Materials sector, and is traded under the ticker SLVM on the NYSE exchange.

Sylvamo stock last closed at $67.12, down 0.52% from the previous day, and has increased 49.62% in one year. It has overperformed other stocks in the Paper & Paper Products industry by 0.15 percentage points. Sylvamo stock is currently +78.56% from its 52-week low of $37.59, and -7.4% from its 52-week high of $72.48.

There are currently 41.13M SLVM shares outstanding. The market capitalization of SLVM is $2.76B. In the last 24 hours, 341,537 SLVM shares were traded.

How to Buy Sylvamo Stock

Wondering how to invest in Sylvamo stock? Here's how.
  1. Decide where to buy Sylvamo stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Sylvamo stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Choose your payment method and add your info.
  4. Research Sylvamo stock: The Sylvamo ticker symbol is SLVM. Is Sylvamo stock a good investment? Should you buy shares of SLVM? How do SLVM's underlying business fundamentals look? Do top analysts think Sylvamo is a good buy? Why has SLVM's stock price moved recently? (Hint: Our stock research website can help you evaluate if SLVM is a good stock to buy).
  5. Place your SLVM purchase: Decide if you will purchase SLVM shares at the current market price or use a limit order to buy SLVM shares at a specific price.
  6. Get the latest scoop on your SLVM investment: Create a watchlist to important notifications about your position in Sylvamo shares.

Step 1: Decide where to buy Sylvamo stock

You need an online brokerage account to access the NYSE market and buy SLVM shares.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best brokerage. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to global markets: From Technology to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by opening an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal info so you can buy SLVM today.

How to Set Up a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal info to start your new brokerage account.
  1. Submit your data by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your brokerage account

Now that you have opened your account on the stock trading app, you can securely and quickly fund your account:

Watch this video walkthrough for more details depositing funds into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Sylvamo stock

Once you have chosen the best place to buy Sylvamo stock, it's critical to research their stock prior to investing, so you actually comprehend the risk and opportunity.

Sylvamo stock data

SLVM Price
$67.12
1w %
1.36%
1y %
49.62%
5y %
N/A
P/E
14.04x
P/B
3.11x
P/S
0.75x
PEG
0.39x
Revenue
$3.69B
Earnings
$199.00M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
44.35%
Market Cap
$2.76B
Next Earnings
Aug 7, 2024
Next Dividend
N/A

Fundamentals of Sylvamo

WallStreetZen was designed to help part-time investors do better fundamental analysis.

You can see all of the due diligence checks on SLVM's stock page.

How is SLVM stock valued?

You can use many financial metrics, analyses, models, and charts to gauge SLVM's intrinsic value.

Using relative valuations methods:

  • SLVM could be overvalued based on its P/E ratio of 14.04x, relative to Paper & Paper Products industry P/E ratio of 7.97x
  • SLVM could be overvalued based on its P/B ratio of 3.11x, relative to Paper & Paper Products industry P/B ratio of 1.51x
  • SLVM could be undervalued based on its PEG ratio of 0.39x

You can access additional valuation research on SLVM's stock here.

How do SLVM Financials look?

Positive Financial Indicators:

  • SLVM's operating cash flow of $468.00M allows it to safely service it's debt of $949.00M.
  • SLVM profit margin has gone up from 5% to 5.4% in the past year.
  • SLVM earnings of $324.00M is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the SLVM balance sheet.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the SLVM balance sheet.
  • SLVM has a relatively high debt to equity ratio of 2.15.

Do analysts think it's a good time to buy SLVM stock

Out of 1 Wall Street analysts who give ratings on SLVM, the consensus analyst rating on Sylvamo is a Hold

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Sylvamo stock forecast page.

SLVM Technicals

SMA10
67.33
SMA20
68.06
SMA50
68.68
SMA100
64.36
SMA200
55.7
MACD
-0.53
MACD Signal
-0.33
MACD Histogram
-0.2
RSI
46.34
Stochastic %K
26.94
Stochastic %D
19.87
StochRSI %K
40.31
StochRSI %D
29.42

SLVM Revenue

Last year, SLVM earnings were $199.00M. Over the past two year, SLVM's earnings have increased by -15.66% per year. This was faster than the Paper & Paper Products industry average of -18.52%.

Last year, SLVM revenue was $3.69B. Over the last 2 year, SLVM's revenue has gone up by 10.37% per year. This was slower than the Paper & Paper Products industry average of 11.21%.

Dig into SLVM's earnings and revenue performance here.

Latest Insiders Trades at SLVM

In the past 12 months, executives and large shareholders at SLVM have sold more shares than they have bought.

Stanley A. Askren, Director of SLVM, was the latest SLVM insider to buy. They bought $175,067.48 worth of SLVM stock on May 16, 2024.

Dig into more about who owns SLVM stock here.

Does SLVM stock generate passive income?

No, Sylvamo doesn't provide an income stream by paying out dividends.

SLVM Social Trading Data

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your SLVM purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price, use a limit order.

Hit the Open button and your broker will place the order.

If you want additional help with investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your SLVM investment

Now that you own some SLVM shares, you'll want to keep up with your new investment.

Add SLVM to a watchlist to get notified of important updates regarding your SLVM stock.

SLVM Feed

How to Buy Stock in Sylvamo

To reiterate, here are the 6 steps to buy Sylvamo stock:

  1. Decide where to buy Sylvamo stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Research Sylvamo stock
  5. Place your SLVM purchase
  6. Get the latest scoop on your SLVM investment

If you are looking for a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your investment in Sylvamo, create a watchlist on WallStreetZen today.

NYSE: SLVM
$67.12-0.35 (-0.52%)
Updated Jul 12, 2024
Open eToro Account
NYSE: SLVM
$67.12-0.35 (-0.52%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sylvamo share?

As of Jul 12, 2024, it costs $67.12 to buy one share of Sylvamo stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.149 shares of SLVM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Sylvamo stock?

According to 1 Wall Street analysts who monitor Sylvamo, their consensus recommendation is to hold Sylvamo stock.

What is the best way to buy Sylvamo stock?

One way to place an order for Sylvamo stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.