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Sappi Ltd. JSE: SAP

R10.78 ▲ 0.45 (4.36%) Prices delayed 15 min · Last updated: 2026-07-10 16:06:22

Open

10.45

Prev close

10.33

Day range

10.24 - 10.78

Volume

1 874 375

52-wk range

8.64 – 10.78

Market cap

6.27bn

P/E Ratio

-1.15

EPS (ZARc)

- 897.40

Dividend Yield

23.89%

DPS (ZARc)

247

Price performance

Intraday — 7D — 1M — 3M — 6M — 1Y — 3Y — 5Y — YTD —

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Analyst consensus

Key statistics

Market cap6.27bn

EPS- 897.40

P/E ratio-1.15

Div. yield23.89%

DPS 247

Issued shares607.14m

52-week range

R 8.64 R 10.78

R10.78

Price overview

Open10.45

Previous close10.33

Day range10.24 - 10.78

Volume1 874 375

52-week range8.64 – 10.78

Change▲ 0.45 (4.36%)

P/E ratio-1.15

EPS- 897.40

Dividend 247

Dividend yield23.89%

Important dates

Sep 2025

Prev Year End
Sep 2025 Final

Released 6 Nov 2025
Mar 2026

Half Year
Mar 2026 Interim

Released 7 May 2026
10 Jul 2026

Today
Sep 2026

Next Year End
Sep 2026 Final

Unconfirmed for 6 Nov
4 Feb 2027

AGM Unconfirmed
Mar 2027

Half Year

Financial results

USD million	Mar 26	Mar 25
Turnover	2 621	2 710
Attributable Income	-450	50
Market Cap (ZARm)	10 240.10	21 880.50
EPS (ZARc)	-1 239.50	145.60
HEPS (Cont Ops)(ZARc)	-469	163.80
DPS (ZARc)	0	0

Latest SENS announcements

Sappi - updated outlook

2026-07-09 15:34:06

Sappi updated its outlook for the third quarter of FY2026, indicating that its Group Adjusted EBITDA is now expected to be broadly in line with the second quarter of FY2026, an improvement from the previous forecast of below that level. This positive revision is due to stronger-than-anticipated performance in North America, driven by the steady ramp-up of Somerset Mill PM2 sales volumes. Sappi plans to release its third quarter results on 6 August 2026.
Sappi Ltd. - Disclosure of significant holding in

2026-07-09 11:16:00

The company has issued a statement regarding an interest in shares.
Sappi - circular distribution & general meeting

2026-06-25 16:20:30

Sappi Ltd. has distributed a circular to shareholders regarding a proposed 50/50 joint venture with UPM-Kymmene Oyj in European and international graphic paper operations. The transaction exceeds 30% of Sappi’s market capitalisation, requiring shareholder approval via an ordinary resolution at a General Meeting scheduled for 23 July 2026. The circular, which includes detailed terms and a notice of the meeting, is available on Sappi’s website. Shareholders must be registered by 17 July 2026 to participate and vote electronically. The meeting will be hosted online through Lumi Global, facilitating remote participation and voting.
Sappi - proposed joint venture

2026-05-28 08:38:24

Sappi, through its wholly owned subsidiary, Sappi Papier Holding GmbH (SPH) announced the formation of a 50/50 joint venture with UPM-Kymmene Oyj (UPM) to combine their European graphic paper businesses, including operations in the UK and US. The transaction involves contributing Sappi’s European graphic paper assets at an enterprise value of EUR320 million and UPM’s communication papers at EUR1.1 billion, with net considerations of EUR267 million and EUR740 million respectively. The total purchase consideration is EUR1.42 billion, settled through upfront cash, equity subscriptions, and shareholder loans. The deal aims to reduce Sappi’s exposure to declining graphic paper markets, improve operational efficiency, and strengthen its balance sheet. The transaction is subject to regulatory approvals, including a Phase II review by the European Commission, and shareholder approval at a general meeting. A circular with full details will be distributed by 30 June 2026.
Sappi interim results March 2026

2026-05-07 09:03:39

Revenue for the period dipped to USD2.6 billion (USD2.7 billion) with gross profit plunging to USD47 million (USD349 million). Operating loss was reported at USD440 million (profit of USD123 million). Furthermore, headline loss per share came in at USD28 cents per share. (headline earnings of USD9 cents per share). Outlook The operating environment remains challenging, with a weak global macroeconomic backdrop and persistent geopolitical and trade tensions continuing to undermine market confidence and consumer demand. The escalating conflict in the Middle East has further increased uncertainty in global markets and contributed to higher global oil prices, which are expected to place upward pressure on fuel-related delivery and logistics costs. In addition, ongoing conflict-related disruptions to global supply chains increases the risk of supply constraints and is likely to result in cost inflation across certain raw material categories, particularly chemicals. We continue to monitor these developments closely and will seek to mitigate their impact through disciplined cost management and selective alternate sourcing initiatives where possible. Demand for DWP is expected to remain strong into the third quarter, supported by robust downstream textile fibre demand and pricing momentum across the value chain. Elevated energy, chemical and logistics costs in the value chain, together with higher textile fibre prices, continue to support a more favourable pricing environment for DWP. Against this backdrop, hardwood DWP prices have increased further in recent weeks, rising to approximately USD880 per ton. Due to pricing mechanisms and contractual sales structures, the full benefit of these higher prices is expected to be realised progressively over the next two quarters. In the third quarter, the packaging and speciality papers segment is expected to continue facing headwinds from ongoing pressure on selling prices across our key markets. In North America, sales volumes are expected to grow as we continue to expand our paperboard customer base. We remain focused on actively balancing volume and price dynamics. Graphic papers markets are expected to continue their structural decline in line with historical trends. In response, we remain focused on optimising capacity utilisation and product allocation across our asset base while implementing recently announced price increases in Europe and North America to help offset rising input costs. An annual maintenance shut at the Ngodwana Mill is scheduled for the third quarter and is expected to reduce earnings by approximately USD23 million. The forestry fair value price adjustment for the quarter is anticipated to be negative, primarily as a result of higher fuel costs. Foreign exchange volatility remains a key risk to the group's financial performance. Sustained weakness in the US Dollar may negatively affect South African earnings, given the exposure to US Dollar- denominated export revenues. In addition, movements in the US Dollar against the Euro may impact reported net debt levels as Euro-denominated borrowings are translated into US Dollar. The forecast for capital expenditure for FY2026 has been reduced by a further USD10 million to approximately USD250 million and is limited to essential maintenance and mandatory regulatory activities. This disciplined approach to capital allocation reflects the group's continued focus on proactively managing the balance sheet, preserving liquidity and maintaining financial flexibility. Against a backdrop of continued market uncertainty arising from ongoing trade tensions, escalating geopolitical conflicts, and their broader indirect effects on global macroeconomic conditions, input costs and currency movements, we are adopting a cautious outlook. On this basis, Adjusted EBITDA for the third quarter of FY2026 is likely to be below that of the second quarter of FY2026.

Peer comparison

Company	Price (ZAR)	Change	Market cap
SAPPI (SAP)	R 10.87	+5.23%	—
YORK (YRK)	R 2.13	+0.95%	—

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Sappi Ltd. Today's Verdict

Today's verdict: Sappi Ltd. price forecast is shaped by the latest charts and graph data, which point to a mixed but tradable setup rather than a clean long-term prediction. With the price today in rands at R10.68, investors weighing buy or sell decisions can compare the dividend and payout profile, including preference shares, against the cost of entry on the jse. For anyone checking how to buy for sale exposure, the share code SAP can be followed online through a trading account, where data on growth, trading, and trading account access helps frame the next move.

Sappi Ltd. Live Share Data

Label	Value
Share Name & Ticker	Sappi Ltd. (SAP)
Exchange	JSE (Johannesburg Stock Exchange)
Sector & Industry	Basic Materials / Paper & Packaging
Current Price	10.68
Market Capitalization	6.27bn
P/E Ratio	-1.15
Dividend Yield	23.89
Trading Volume (Live Data)	114 919
Recent Price Change	3.39
Data as of	2026-07-10 09:47:12

Sappi Ltd. Key Highlights

Label	Value
Current Price	R10.68, up 3.39 from the previous close
Market Cap	6.27bn, indicating a mid-cap market presence
P/E Ratio	-1.15, suggesting earnings remain under pressure rather than a clean valuation signal
Dividend Yield	23.89, attractive for income-focused investors
Volatility	High volatility, supported by a notable live move and active volume of 114 919

Sappi Ltd. Limited Forecast Insights

Bullish short-term momentum remains possible if SAP holds above the R10.68 area with volume staying supportive. The 3.39 move and heavy interest suggest traders are watching for follow-through, but the negative P/E keeps the setup cautious. A break below current support would weaken the bar for near-term buyers.

FAQ on Sappi Ltd. Shares

Q1: What are Sappi Ltd. shares?
Answer: Sappi Ltd. shares are equity instruments in Sappi Ltd. (SAP) on the JSE. The live price is R10.68, market cap is 6.27bn, and the company sits in Basic Materials / Paper & Packaging, giving investors direct exposure to that operating profile.

Q2: How can I buy Sappi Ltd. shares?
Answer: You can buy SAP on the JSE through a regulated trading account with a licensed broker. The live price per share is R10.68, so your purchase size depends on available cash, fees, and the broker’s execution process at the time of trade.

Q3: What affects the price of Sappi Ltd. shares?
Answer: The price of SAP is influenced by its negative P/E of -1.15, the 3.39 recent price change, live volume of 114 919, and the market’s view of the 23.89 dividend yield. Sector demand and JSE trading sentiment also matter.

Q4: Does Sappi Ltd. pay dividends?
Answer: Yes, the live data shows a dividend yield of 23.89, which indicates a meaningful dividend profile for income-focused holders. With a current price of R10.68 and a market cap of 6.27bn, the yield stands out in the current setup.

Q5: How can I track my Sappi Ltd. shares and dividends?
Answer: Track SAP in your online brokerage dashboard using the share code SAP, the current price of R10.68, and the reported dividend yield of 23.89. Monitoring live volume at 114 919 and the 3.39 move helps you follow trading activity.

Q6: What factors are affecting the Sappi Ltd. share price?
Answer: The share price is reacting to the R10.68 level, a 3.39 recent rise, and the negative P/E of -1.15. Volume of 114 919 shows active trade interest, while the 6.27bn market cap keeps it firmly in mid-cap territory.

Q7: Is Sappi Ltd. a good share to buy?
Answer: Based on live data, SAP may suit investors seeking income and active volatility, because the dividend yield is 23.89 and the price today is R10.68. However, the negative P/E of -1.15 means the buy case depends on risk tolerance.

Q8: Is it advisable to buy Sappi Ltd. shares today?
Answer: The current setup may appeal to traders rather than cautious long-term buyers. At R10.68, with a 3.39 change and volume of 114 919, today’s market looks active, but the -1.15 P/E keeps the purchase decision balanced.

Q9: How much does one Sappi Ltd. share cost?
Answer: One SAP share costs R10.68 today. That price per share sits alongside a market cap of 6.27bn, a dividend yield of 23.89, and a recent move of 3.39, so live execution costs and timing still matter.

Q10: How to sell Sappi Ltd. shares?
Answer: To sell SAP, place a sell order through your brokerage platform using the share code SAP. The live price is R10.68, and volume of 114 919 suggests there is active trading interest, which can help with execution.

How to Buy Sappi Ltd. Shares Step by Step

Open a free trading account with a JSE-supported broker.

Verify your account via email or phone number.

Set up 2FA for added security.

Complete KYC verification.

Review the trading dashboard and order types.

Deposit funds into your trading account.

Search for SAP and place your purchase order at the preferred price per share.

Sappi Ltd. Actionable Financial Advice

Given Sappi Ltd.'s current performance, investors should HOLD the shares if prices move ABOVE R10.68 and SELL if momentum fades BELOW that level. Monitor macroeconomic developments and sector conditions to refine your strategy.

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