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

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

A number of other brokerages have also recently weighed in on IP. Royal Bank Of Canada restated an "outperform" rating and issued a $64.00 price objective on shares of International Paper in a report on Wednesday, March 26th. Truist Financial set a $59.00 price target on International Paper in a report on Wednesday, May 28th. UBS Group assumed coverage on International Paper in a report on Wednesday, June 4th. They set a "buy" rating and a $60.00 price target on the stock. Wall Street Zen upgraded International Paper from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Finally, JPMorgan Chase & Co. assumed coverage on International Paper in a report on Thursday, March 20th. They set an "overweight" rating and a $59.00 price target on the stock. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, International Paper currently has an average rating of "Hold" and a consensus target price of $55.65.

International Paper Stock Up 2.0%

Shares of IP stock traded up $1.04 during trading on Wednesday, reaching $52.40. The company's stock had a trading volume of 4,097,867 shares, compared to its average volume of 3,223,405. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.33 and a quick ratio of 0.96. The company has a market capitalization of $27.66 billion, a price-to-earnings ratio of 44.79, a P/E/G ratio of 0.47 and a beta of 1.02. The stock's 50-day moving average price is $47.73 and its 200 day moving average price is $51.05. International Paper has a 1-year low of $42.35 and a 1-year high of $60.36.

International Paper (NYSE:IP - Get Free Report) last released 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 4.05% and a net margin of 1.99%. The company's quarterly revenue was up 27.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.17 earnings per share.

International Paper Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 23rd were issued a $0.4625 dividend. The ex-dividend date was Friday, May 23rd. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.53%. International Paper's payout ratio is currently 158.12%.

Insiders Place Their Bets

In related news, CAO Holly G. Goughnour sold 7,500 shares of the business's stock in a transaction that occurred 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 sale, the chief accounting officer owned 31,525 shares in the company, valued at $1,413,896.25. The trade was a 19.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.35% of the stock is currently owned by insiders.

Hedge Funds Weigh In On International Paper

Several hedge funds have recently added to or reduced their stakes in the stock. Rise Advisors LLC increased its position in shares of International Paper by 281.3% during the first quarter. Rise Advisors LLC now owns 469 shares of the basic materials company's stock worth $25,000 after purchasing an additional 346 shares in the last quarter. Picton Mahoney Asset Management increased its position in shares of International Paper by 67.0% during the fourth quarter. Picton Mahoney Asset Management now owns 536 shares of the basic materials company's stock worth $29,000 after purchasing an additional 215 shares in the last quarter. Zions Bancorporation National Association UT acquired a new stake in shares of International Paper during the first quarter worth about $34,000. Bernard Wealth Management Corp. acquired a new stake in shares of International Paper during the fourth quarter worth about $37,000. Finally, Transce3nd LLC acquired a new stake in shares of International Paper during the fourth quarter worth about $38,000. 81.95% of the stock is currently owned by hedge funds and other institutional investors.

About International Paper

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.