Seaport Res Ptn Has Optimistic Outlook of IP FY2026 Earnings

International Paper Company (NYSE:IP - Free Report) - Stock analysts at Seaport Res Ptn raised their FY2026 earnings per share estimates for International Paper in a research report issued to clients and investors on Monday, July 7th. Seaport Res Ptn analyst M. Weintraub now anticipates that the basic materials company will post earnings per share of $3.60 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.

IP has been the topic of several other reports. Wells Fargo & Company reiterated an "underweight" rating and issued a $40.00 price target (down from $45.00) on shares of International Paper in a report on Friday, May 9th. JPMorgan Chase & Co. began coverage on International Paper in a report on Thursday, March 20th. They issued an "overweight" rating and a $59.00 price target on the stock. Truist Financial set a $59.00 price target on International Paper in a report on Wednesday, May 28th. Wall Street Zen upgraded International Paper from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Finally, UBS Group assumed coverage on International Paper in a report on Wednesday, June 4th. They set a "buy" rating and a $60.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $54.54.

International Paper Trading Up 1.7%

Shares of NYSE:IP traded up $0.84 during trading on Wednesday, hitting $51.44. The company had a trading volume of 4,364,563 shares, compared to its average volume of 6,883,658. The stock has a market cap of $27.16 billion, a price-to-earnings ratio of 43.97, a price-to-earnings-growth ratio of 0.46 and a beta of 1.02. International Paper has a one year low of $42.26 and a one year high of $60.36. The company has a fifty day simple moving average of $47.44 and a two-hundred day simple moving average of $51.06. 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 (NYSE:IP - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The basic materials company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.35 by ($0.12). The firm had revenue of $5.90 billion for the quarter, compared to the consensus estimate of $6.38 billion. International Paper had a net margin of 1.99% and a return on equity of 4.05%. International Paper's quarterly revenue was up 27.8% on a year-over-year basis. During the same period in the previous year, the company posted $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. This represents a $1.85 annualized dividend and a dividend yield of 3.60%. The ex-dividend date was Friday, May 23rd. International Paper's dividend payout ratio (DPR) is currently 158.12%.

Insider Activity at International Paper

In related news, CAO Holly G. Goughnour sold 7,500 shares of the firm's stock in a transaction on Monday, May 5th. The shares were 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 owned 31,525 shares of the company's stock, valued at $1,413,896.25. This trade represents a 19.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.55% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Inspire Advisors LLC boosted its holdings in International Paper by 1.7% during the fourth quarter. Inspire Advisors LLC now owns 12,358 shares of the basic materials company's stock worth $665,000 after buying an additional 204 shares in the last quarter. Picton Mahoney Asset Management raised its holdings 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 valued at $29,000 after acquiring an additional 215 shares during the last quarter. 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 in the last quarter. Greenleaf Trust grew its position in International Paper by 2.5% in the first quarter. Greenleaf Trust now owns 9,244 shares of the basic materials company's stock worth $493,000 after acquiring an additional 224 shares during the period. Finally, Sequoia Financial Advisors LLC grew its position in International Paper by 2.6% in the first quarter. Sequoia Financial Advisors LLC now owns 8,994 shares of the basic materials company's stock worth $480,000 after acquiring an additional 231 shares during the period. Hedge funds and other institutional investors own 81.95% of the company's stock.

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.