International Paper - IP Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last twelve months. There are currently 3 sell ratings and 6 hold ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12 month price targets for International Paper's stock. Their IP share price forecasts range from $27.00 to $50.00. On average, they predict the company's stock price to reach $34.44 in the next year. This suggests that the stock has a possible downside of 3.7%.
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International Paper's stock was trading at $46.98 at the start of the year. Since then, IP shares have decreased by 23.8% and is now trading at $35.78.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
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International Paper (NYSE:IP) issued its earnings results on Wednesday, October, 27th. The basic materials company reported $1.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.46 by $0.11. The basic materials company had revenue of $5.71 billion for the quarter, compared to analysts' expectations of $5.84 billion. International Paper had a trailing twelve-month return on equity of 15.47% and a net margin of 9.14%. The firm's revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the business posted $0.71 earnings per share.
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International Paper declared a quarterly dividend on Tuesday, October 11th. Investors of record on Tuesday, November 15th will be paid a dividend of $0.4625 per share on Thursday, December 15th. This represents a $1.85 annualized dividend and a dividend yield of 5.17%. The ex-dividend date of this dividend is Monday, November 14th.
Read our dividend analysis for IP.

International Paper (NYSE:IP) pays an annual dividend of $1.85 per share and currently has a dividend yield of 5.04%. IP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 35.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IP will have a dividend payout ratio of 63.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IP.

International Paper announced that its board has approved a share buyback program on Tuesday, October 12th 2021, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.2% of its shares through open market purchases. Shares buyback programs are usually an indication 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.97%), BlackRock Inc. (9.88%), Price T Rowe Associates Inc. MD (7.62%), State Street Corp (6.65%), Nordea Investment Management AB (1.65%) and Mizuho Markets Americas LLC (1.51%). Insiders that own company stock include Clinton A Jr Lewis, Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Paper Co /New/ International, Ray G Young, Sharon R Ryan, Timothy S Nicholls, Vincent P Bonnot, 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 $35.78.

International Paper (NYSE:IP) has a market capitalization of $12.73 billion and generates $19.36 billion in revenue each year. The basic materials company earns $1.75 billion in net income (profit) each year or $5.25 on an earnings per share basis.

The company employs 38,200 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.