4.0900 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||4.0000 x 1200|
|Ask||4.1300 x 800|
|Day's Range||3.9700 - 4.1100|
|52 Week Range||2.5000 - 21.0900|
|Beta (3Y Monthly)||3.07|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||N/A (7.29%)|
|1y Target Est||10.07|
Rayonier Advanced Materials Inc. (RYAM) announced today that the Company’s board of directors has suspended its quarterly cash dividend on the Common Stock of the Company citing the need to prioritize its cash flow to repay indebtedness and fund the Company’s capital investments and working capital needs. The Company is focused on managing through the current challenging market conditions that have negatively impacted its operating results. “The board and management believe this is a prudent decision to optimize financial flexibility in uncertain economic times and is in the best interest of all of the Company’s stakeholders,” said Paul Boynton, President and CEO.
Rayonier Advanced Materials Inc. (RYAM) announced today that its Mandatory Convertible Preferred Stock will automatically convert to Common Stock of the Company on August 15, in accordance with the terms of the prospectus supplement filed with the Securities and Exchange Commission (the “SEC”) in connection with the issuance of the Mandatory Convertible Preferred Stock, dated August 4, 2016 (the “Supplement”). Holders of the Mandatory Convertible Preferred Stock will receive 7.7459 shares of Common Stock per share of Mandatory Convertible Preferred Stock. The Company expects to issue approximately 13.4 million shares of Common Stock, bringing the total number of Common Stock outstanding to approximately 63 million shares.
Rayonier Advanced Materials (RYAM) delivered earnings and revenue surprises of -94.44% and -0.93%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
JACKSONVILLE, Fla.-- -- Improved High Purity Cellulose sequential results as higher wood costs and operating issues were mitigated Go-to-Market strategy implementation yielding positive initial customer outcomes Sale of Matane high-yield manufacturing facility for $175 million; anticipated to close in fourth quarter Improved cash flows driven by aggressive management of working capital Sales prices ...
Cincinnati, OH, based Investment company Schulhoff & Co Inc (Current Portfolio) buys Williams Inc, sells DuPont de Nemours Inc, Rayonier Advanced Materials Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Schulhoff & Co Inc. Continue reading...
Rayonier Advanced Materials (RYAM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is Rayonier Advanced Materials Inc. (NYSE:RYAM) a good dividend stock? How can we tell? Dividend paying companies with...
Rayonier Advanced Materials (RYAM) announced today that it is repositioning key members of its senior management team to drive the company’s Go-to-Market strategy and accelerate new product commercialization.
Today we'll look at Rayonier Advanced Materials Inc. (NYSE:RYAM) and reflect on its potential as an investment...
Rayonier Advanced Materials Inc. announced today that the Company’s board of directors has declared a second quarter cash dividend of $0.07 per share of Common Stock of the Company.
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On a per-share basis, the Jacksonville, Florida-based company said it had a loss of 52 cents. The maker of cellulose products posted revenue of $483 million in the period. Rayonier Advanced Materials shares ...
JACKSONVILLE, Fla.-- -- Significant increase in hardwood costs at Jesup plant coupled with unplanned downtime at Temiscaming plant led to operating loss in High Purity Cellulose segment Expect to improve financial performance ultimately returning EBITDA margins to high teens in the back half of 2019, subject to fluctuations in commodity prices and tariffs Cellulose specialties prices and volumes for ...
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