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 $62.50, down 0.08% from the previous day, and has increased 39.79% in one year. It has overperformed other stocks in the Paper & Paper Products industry by 0.14 percentage points. Sylvamo stock is currently +66.27% from its 52-week low of $37.59, and -2.83% from its 52-week high of $64.32.
There are currently 41.22M SLVM shares outstanding. The market capitalization of SLVM is $2.58B. In the last 24 hours, 293,523 SLVM shares were traded.
How to Buy Sylvamo Stock
Wondering how to invest in Sylvamo stock? Here's how.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your payment method and add your info.
- 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).
- 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.
- 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.
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 AccountStep 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
- 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.
- Enter your personal info to start your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
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.
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
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 10.38x, relative to Paper & Paper Products industry P/E ratio of 5.75x
- SLVM could be overvalued based on its P/B ratio of 2.86x, relative to Paper & Paper Products industry P/B ratio of 1.66x
You can access additional valuation analysis on SLVM's stock here.
SLVM Financial Health
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the SLVM balance sheet.
- SLVM earnings of $403.00M is not sufficient to cover its interest payments.
- SLVM profit margin has gone up from 3.3% to 6.8% in the past year.
- SLVM's operating cash flow of $504.00M allows it to safely service it's debt of $959.00M.
Negative Financial Indicators:
- SLVM has a relatively high debt to equity ratio of 2.19.
- There are more long-term liabilities than short-term assets on the SLVM balance sheet.
Do Wall Street analysts think it's a good time to buy Sylvamo stock
Out of 2 sell side analysts who track SLVM, the consensus analyst rating on Sylvamo is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Sylvamo stock forecast page.
SLVM Technicals
Is SLVM Growing Revenue?
Last year, SLVM earnings were $253.00M. Over the past 4 year, SLVM's earnings have increased by -8.4% per year. This was slower than the Paper & Paper Products industry average of 84.26%.
Last year, SLVM revenue was $3.72B. During the past five year, SLVM's revenue has grown by -2.01% per year. This was slower than the Paper & Paper Products industry average of 14.82%.
Find out more about SLVM's earnings and revenue performance here.
What are SLVM executives and large shareholders up to?
Over the past 12 months, insiders at SLVM have sold more shares than they have bought.
Gregory C. Gibson, SVP Commercial Excellence of SLVM, was the latest SLVM insider to sell. They sold $35,747.46 worth of SLVM shares on Apr 1, 2024.
Learn 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 favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your SLVM purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you want additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your SLVM investment
Now that you own some SLVM stock, you'll want to keep up with your investment.
Start a watchlist to track the most important metrics related to your SLVM stock.
SLVM Feed
How to Buy Stock in Sylvamo
To summarize, here are the 6 steps you need to take to buy Sylvamo stock right now:
- Decide where to buy Sylvamo stock
- Open your brokerage account
- Deposit money your brokerage account
- Research Sylvamo stock
- Place your SLVM purchase
- Get the latest scoop on your SLVM investment
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your new investment in Sylvamo, get started below.
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