International Paper (IP) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last year. There are currently 3 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IP, but not buy additional shares or sell existing shares.
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9 Wall Street research analysts have issued 12 month price objectives for International Paper's shares. Their IP share price forecasts range from $27.00 to $50.00. On average, they anticipate the company's stock price to reach $38.55 in the next year. This suggests a possible upside of 26.9% from the stock's current price.
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International Paper's stock was trading at $34.63 at the start of the year. Since then, IP stock has decreased by 12.3% and is now trading at $30.38.
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International Paper saw a increase in short interest in May. As of May 15th, there was short interest totaling 12,550,000 shares, an increase of 20.7% from the April 30th total of 10,400,000 shares. Based on an average daily trading volume, of 2,920,000 shares, the short-interest ratio is presently 4.3 days. Approximately 3.7% of the shares of the stock are sold short.
View International Paper's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our IP earnings forecast.

International Paper (NYSE:IP) announced its quarterly earnings results on Thursday, April, 27th. The basic materials company reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.04. The basic materials company had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $5.03 billion. International Paper had a trailing twelve-month return on equity of 14.87% and a net margin of 6.28%. The company's revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.76 earnings per share.
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International Paper declared a quarterly dividend on Tuesday, May 9th. Stockholders of record on Friday, May 26th will be paid a dividend of $0.4625 per share on Thursday, June 15th. This represents a $1.85 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date is Thursday, May 25th.
Read our dividend analysis for IP.

ETFs with the largest weight of International Paper (NYSE:IP) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), iShares Global Timber & Forestry ETF (WOOD), Invesco MSCI Global Timber ETF (CUT), Invesco S&P Ultra Dividend Revenue ETF (RDIV), iShares Emergent Food and AgTech Multisector ETF (IVEG), WBI Power Factor High Dividend ETF (WBIY), Invesco S&P 500 Equal Weight Materials ETF (RTM) and First Trust Materials AlphaDEX Fund (FXZ).

International Paper (NYSE:IP) pays an annual dividend of $1.85 per share and currently has a dividend yield of 6.34%. IP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 51.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, IP will have a dividend payout ratio of 86.45% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for IP.

International Paper declared that its board has approved a share buyback program on Tuesday, October 12th 2021, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 9.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its shares are undervalued.

305 employees have rated International Paper Chief Executive Officer Mark S. Sutton on Glassdoor.com. Mark S. Sutton has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other International Paper investors own include AT&T (T), Pfizer (PFE), Cisco Systems (CSCO), Intel (INTC), Johnson & Johnson (JNJ), Verizon Communications (VZ), Exxon Mobil (XOM), CVS Health (CVS), JPMorgan Chase & Co. (JPM) and AbbVie (ABBV).

International Paper trades on the New York Stock Exchange (NYSE) under the ticker symbol "IP."

International Paper's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.64%), State Street Corp (6.72%), Price T Rowe Associates Inc. MD (5.14%), Franklin Resources Inc. (2.45%), Charles Schwab Investment Management Inc. (2.15%) and Geode Capital Management LLC (2.14%). Insiders that own company stock include Aimee K Gregg, Clinton A Jr Lewis, Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Joseph R Saab, Mark S Sutton, Paper Co /New/ International, Sharon R Ryan, Thomas J Plath, Timothy S Nicholls, W Michael Jr Amick and William Thomas Hamic.
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Shares of IP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IP stock can currently be purchased for approximately $30.38.

International Paper (NYSE:IP) has a market capitalization of $10.54 billion and generates $21.16 billion in revenue each year. The basic materials company earns $1.50 billion in net income (profit) each year or $3.61 on an earnings per share basis.

The company employs 39,000 workers across the globe.

International Paper's mailing address is 6400 POPLAR AVENUE, MEMPHIS TN, 38197. The official website for the company is www.internationalpaper.com. The basic materials company can be reached via phone at (901) 419-9000, via email at shrrelations@mellon-investor.com, or via fax at 901-214-9682.