What is Zacks Research's Estimate for IP FY2026 Earnings?

International Paper (NYSE:IP - Free Report) - Stock analysts at Zacks Research dropped their FY2026 EPS estimates for shares of International Paper in a research note issued on Friday, May 30th. Zacks Research analyst M. Das now forecasts that the basic materials company will post earnings per share of $3.48 for the year, down from their prior estimate of $3.50. The consensus estimate for International Paper's current full-year earnings is $2.77 per share. Zacks Research also issued estimates for International Paper's FY2027 earnings at $5.54 EPS.

International Paper (NYSE:IP - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The basic materials company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.12). The firm had revenue of $5.90 billion for the quarter, compared to analysts' expectations of $6.38 billion. International Paper had a return on equity of 4.75% and a net margin of 2.99%. The firm's revenue for the quarter was up 27.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.17 earnings per share.

Several other research analysts have also recently weighed in on IP. JPMorgan Chase & Co. initiated coverage on International Paper in a report on Thursday, March 20th. They set an "overweight" rating and a $59.00 target price on the stock. Royal Bank of Canada reissued an "outperform" rating and set a $64.00 price objective on shares of International Paper in a research note on Wednesday, March 26th. Bank of America started coverage on International Paper in a report on Thursday, February 13th. They issued a "neutral" rating for the company. Citigroup assumed coverage on International Paper in a report on Wednesday, March 5th. They set a "buy" rating and a $60.00 price target on the stock. Finally, Wall Street Zen lowered shares of International Paper from a "hold" rating to a "sell" rating in a report on Monday, May 5th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, International Paper currently has an average rating of "Hold" and a consensus target price of $53.86.

International Paper Price Performance

NYSE IP traded up $0.12 during trading hours on Monday, hitting $47.32. 4,458,909 shares of the company's stock traded hands, compared to its average volume of 7,651,166. The company has a market capitalization of $24.98 billion, a PE ratio of 30.14, a PEG ratio of 0.39 and a beta of 1.03. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.08. International Paper has a 52-week low of $41.50 and a 52-week high of $60.36. The firm's 50-day moving average is $47.83 and its 200-day moving average is $52.73.

Institutional Investors Weigh In On International Paper

Several large investors have recently added to or reduced their stakes in IP. SPC Financial Inc. boosted its position in shares of International Paper by 1.4% in the 4th quarter. SPC Financial Inc. now owns 14,100 shares of the basic materials company's stock worth $759,000 after buying an additional 200 shares in the last quarter. Inspire Advisors LLC increased its holdings in International Paper by 1.7% during the 4th quarter. Inspire Advisors LLC now owns 12,358 shares of the basic materials company's stock valued at $665,000 after acquiring an additional 204 shares in the last quarter. Kestra Private Wealth Services LLC raised its position in International Paper by 1.4% during the fourth quarter. Kestra Private Wealth Services LLC now owns 15,244 shares of the basic materials company's stock worth $820,000 after acquiring an additional 212 shares during the last quarter. Picton Mahoney Asset Management lifted its holdings in shares of International Paper by 67.0% in the fourth quarter. Picton Mahoney Asset Management now owns 536 shares of the basic materials company's stock valued at $29,000 after purchasing an additional 215 shares in the last quarter. Finally, Summit Financial LLC grew its position in shares of International Paper by 4.3% in the fourth quarter. Summit Financial LLC now owns 5,437 shares of the basic materials company's stock valued at $293,000 after purchasing an additional 224 shares during the last quarter. 81.95% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Holly G. Goughnour sold 7,500 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $44.85, for a total transaction of $336,375.00. Following the sale, the chief accounting officer now owns 31,525 shares of the company's stock, valued at approximately $1,413,896.25. This represents a 19.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.35% of the company's stock.

International Paper Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.4625 per share. The ex-dividend date is Friday, May 23rd. This represents a $1.85 annualized dividend and a dividend yield of 3.91%. International Paper's dividend payout ratio is currently 158.12%.

International Paper Company Profile

International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through two segments, Industrial Packaging and Global Cellulose Fibers. The company offers linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and pulp for a range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products, as well as specialty pulps for use in textiles, construction materials, paints, coatings, and others.