International Paper Co engages in the manufacture of paper and packaging products. It operates through the following segments: Industrial Packaging, Global Cellulose Fibers, and Printing Papers. The Industrial Packaging segment involves in the manufacturing of containerboards, which include linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft.
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Industry, Sector and Symbol
Industry Paper mills
Sub-IndustryPaper Products
SectorBasic Materials
Phone901-419-9000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$23.31 billion
Profitability
Miscellaneous
Employees53,000
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable
International Paper (NYSE:IP) Frequently Asked Questions
What is International Paper's stock symbol?
International Paper trades on the New York Stock Exchange (NYSE) under the ticker symbol "IP."
How often does International Paper pay dividends? What is the dividend yield for International Paper?
International Paper announced a quarterly dividend on Tuesday, July 9th. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.50 per share on Monday, September 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date is Wednesday, August 14th. View International Paper's Dividend History.
How will International Paper's stock buyback program work?
International Paper declared that its board has initiated a share repurchase program on Tuesday, October 9th 2018, which authorizes the company to repurchase $430,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 2.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.
How were International Paper's earnings last quarter?
International Paper Co (NYSE:IP) released its earnings results on Thursday, July, 25th. The basic materials company reported $1.15 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.01 by $0.14. The basic materials company had revenue of $5.67 billion for the quarter, compared to analysts' expectations of $5.77 billion. International Paper had a net margin of 6.88% and a return on equity of 30.14%. International Paper's revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.19 EPS. View International Paper's Earnings History.
When is International Paper's next earnings date?
What price target have analysts set for IP?
13 analysts have issued 1 year price objectives for International Paper's stock. Their forecasts range from $38.00 to $60.00. On average, they expect International Paper's stock price to reach $48.40 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price. View Analyst Price Targets for International Paper.
What is the consensus analysts' recommendation for International Paper?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last year. There are currently 2 sell ratings, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for International Paper.
What are Wall Street analysts saying about International Paper stock?
Here are some recent quotes from research analysts about International Paper stock:
- 1. KeyCorp analysts commented, "We expect consensus estimates to continue to fall in the months ahead for the same reason. So why was the stock up 4.2% compared to the We have no good answer. Reiterate UW rating; we expect the shares to eventually move lower as estimates do the same." (7/25/2019)
- 2. According to Zacks Investment Research, "International Paper’s fourth-quarter 2018 adjusted earnings and revenues both improved on a year-over-year basis and also beat the respective Zacks Consensus Estimate. This can be attributed to solid commercial and operational performance across the company’s three businesses. International Paper guides adjusted EBITDA to lie between $4.3 billion and $4.4 billion in fiscal 2019 compared with $4.3 billion of adjusted EBITDA reported in fiscal 2018. Backed by healthy demand across all of its three segments, the company is poised to deliver improved results in 2019. The company has outperformed the industry over the past year. However, first-quarter results will bear the brunt of price and volume pressure in its segments. Further, maintenance outages will also be sequentially higher in the quarter. Elevated input costs also remain a woe." (2/4/2019)
Has International Paper been receiving favorable news coverage?
News stories about IP stock have been trending positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. International Paper earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for International Paper.
Are investors shorting International Paper?
International Paper saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 12,332,900 shares, an increase of 22.9% from the June 30th total of 10,035,800 shares. Based on an average daily trading volume, of 3,250,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 3.1% of the shares of the company are short sold. View International Paper's Current Options Chain.
Who are some of International Paper's key competitors?
What other stocks do shareholders of International Paper own?
Who are International Paper's key executives?
International Paper's management team includes the folowing people:
- Mark S. Sutton, Chairman & Chief Executive Officer
- Timothy S. Nicholls, Chief Financial Officer & Senior Vice President
- Robert W. Wenker, Chief Information Officer & Vice President
- Deon Vaughan, Chief Ethics & Compliance Officer, Vice President
- Sharon R. Ryan, Secretary, Senior Vice President & General Counsel
Who are International Paper's major shareholders?
International Paper's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.74%), Vanguard Group Inc. (8.26%), Price T Rowe Associates Inc. MD (5.05%), Invesco Ltd. (4.18%), LSV Asset Management (1.31%) and Bank of New York Mellon Corp (1.20%). Company insiders that own International Paper stock include Carleton C Ealy, Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Sharon R Ryan, Thomas J Plath, Timothy S Nicholls, Vincent P Bonnot and W Michael Jr Amick. View Institutional Ownership Trends for International Paper.
Which major investors are selling International Paper stock?
IP stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, RNC Capital Management LLC, Canada Pension Plan Investment Board, AQR Capital Management LLC, WBI Investments Inc., Russell Investments Group Ltd., Eaton Vance Management and California Public Employees Retirement System. Company insiders that have sold International Paper company stock in the last year include Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Sharon R Ryan, Thomas J Plath, Timothy S Nicholls and W Michael Jr Amick. View Insider Buying and Selling for International Paper.
Which major investors are buying International Paper stock?
IP stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, Vanguard Group Inc., Schroder Investment Management Group, Renaissance Technologies LLC, Nomura Holdings Inc. and Northern Trust Corp. View Insider Buying and Selling for International Paper.
How do I buy shares of International Paper?
Shares of IP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is International Paper's stock price today?
One share of IP stock can currently be purchased for approximately $38.86.
How big of a company is International Paper?
International Paper has a market capitalization of $15.27 billion and generates $23.31 billion in revenue each year. The basic materials company earns $2.01 billion in net income (profit) each year or $5.32 on an earnings per share basis. International Paper employs 53,000 workers across the globe.View Additional Information About International Paper.
What is International Paper's official website?
How can I contact International Paper?
International Paper's mailing address is 6400 POPLAR AVENUE, MEMPHIS TN, 38197. The basic materials company can be reached via phone at 901-419-9000 or via email at [email protected]
MarketBeat Community Rating for International Paper (NYSE IP)
MarketBeat's community ratings are surveys of what our community members think about International Paper and other stocks. Vote "Outperform" if you believe IP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IP will underperform the S&P 500 over the long term. You may vote once every thirty days.
