What is Seaport Res Ptn's Estimate for IP FY2026 Earnings?

International Paper Company (NYSE:IP - Free Report) - Investment analysts at Seaport Res Ptn boosted their FY2026 earnings per share estimates for shares of International Paper in a research note issued on Monday, July 7th. Seaport Res Ptn analyst M. Weintraub now expects that the basic materials company will post earnings of $3.60 per share for the year, up from their previous forecast of $3.40. The consensus estimate for International Paper's current full-year earnings is $2.77 per share.

A number of other research analysts also recently weighed in on the company. Wall Street Zen raised International Paper from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Wells Fargo & Company raised their price objective on International Paper from $40.00 to $43.00 and gave the company an "underweight" rating in a research note on Thursday. UBS Group assumed coverage on International Paper in a research note on Wednesday, June 4th. They issued a "buy" rating and a $60.00 price objective on the stock. Truist Financial set a $59.00 price target on International Paper in a research report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. assumed coverage on International Paper in a research report on Thursday, March 20th. They issued an "overweight" rating and a $59.00 price target on the stock. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $55.65.

International Paper Stock Performance

Shares of IP stock traded up $0.06 during trading on Wednesday, reaching $52.47. The company had a trading volume of 6,329,691 shares, compared to its average volume of 6,857,966. The firm's 50 day simple moving average is $47.73 and its two-hundred day simple moving average is $51.05. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.33 and a quick ratio of 0.96. International Paper has a one year low of $42.73 and a one year high of $60.36. The company has a market capitalization of $27.70 billion, a PE ratio of 44.85, a PEG ratio of 0.47 and a beta of 1.02.

International Paper (NYSE:IP - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The basic materials company reported $0.23 earnings per share (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 analyst estimates of $6.38 billion. International Paper had a net margin of 1.99% and a return on equity of 4.05%. The firm's quarterly revenue was up 27.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 earnings per share.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Mitchell & Pahl Private Wealth LLC raised its position in shares of International Paper by 3.1% during the second quarter. Mitchell & Pahl Private Wealth LLC now owns 52,030 shares of the basic materials company's stock worth $2,437,000 after acquiring an additional 1,551 shares during the last quarter. CX Institutional raised its position in shares of International Paper by 21.8% during the second quarter. CX Institutional now owns 4,747 shares of the basic materials company's stock worth $222,000 after acquiring an additional 851 shares during the last quarter. Wright Investors Service Inc. raised its position in shares of International Paper by 2.9% during the second quarter. Wright Investors Service Inc. now owns 7,226 shares of the basic materials company's stock worth $338,000 after acquiring an additional 201 shares during the last quarter. My Legacy Advisors LLC raised its position in shares of International Paper by 2.4% during the second quarter. My Legacy Advisors LLC now owns 23,175 shares of the basic materials company's stock worth $1,085,000 after acquiring an additional 548 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of International Paper by 5.5% during the second quarter. Assenagon Asset Management S.A. now owns 23,604 shares of the basic materials company's stock worth $1,105,000 after acquiring an additional 1,226 shares during the last quarter. 81.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at International Paper

In other International Paper news, CAO Holly G. Goughnour sold 7,500 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of $44.85, for a total transaction of $336,375.00. Following the completion of the transaction, the chief accounting officer directly owned 31,525 shares in the company, valued at $1,413,896.25. This represents a 19.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.35% of the stock is owned by corporate insiders.

International Paper Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 23rd were paid a dividend of $0.4625 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $1.85 annualized dividend and a yield of 3.53%. 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.