NYSE:IP - International Paper Stock Price, Forecast & News

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

International Paper announced a quarterly dividend on Tuesday, January 14th. Stockholders of record on Friday, February 21st will be given a dividend of $0.5125 per share on Monday, March 16th. This represents a $2.05 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date of this dividend is Thursday, February 20th. View International Paper's Dividend History.

International Paper announced that its board has approved a share repurchase plan on Tuesday, October 9th 2018, which allows the company to repurchase $430,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its shares are undervalued.

International Paper Co (NYSE:IP) issued its quarterly earnings data on Thursday, January, 30th. The basic materials company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.07. The basic materials company had revenue of $5.50 billion for the quarter, compared to analysts' expectations of $5.60 billion. International Paper had a net margin of 5.47% and a return on equity of 23.49%. The firm's quarterly revenue was down 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.65 EPS. View International Paper's Earnings History.

International Paper is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for International Paper.

12 brokerages have issued 12-month price targets for International Paper's shares. Their forecasts range from $38.00 to $53.00. On average, they anticipate International Paper's stock price to reach $45.36 in the next year. This suggests a possible upside of 24.4% from the stock's current price. View Analyst Price Targets for International Paper.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last year. There are currently 3 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for International Paper.

News coverage about IP stock has trended very negative on Friday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. International Paper earned a news impact score of -3.0 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for International Paper.

International Paper saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 10,520,000 shares, a decrease of 10.5% from the January 30th total of 11,750,000 shares. Based on an average daily volume of 2,720,000 shares, the days-to-cover ratio is currently 3.9 days. Currently, 2.7% of the company's shares are sold short. View International Paper's Current Options Chain.

Some companies that are related to International Paper include Black Knight (BKI), Domtar (UFS), Schweitzer-Mauduit International (SWM), Neenah (NP), P H Glatfelter (GLT), Clearwater Paper (CLW) and Resolute Forest Products (RFP).

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

International Paper's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (6.19%), Franklin Resources Inc. (2.23%), Hotchkis & Wiley Capital Management LLC (1.85%), Geode Capital Management LLC (1.66%), Bank of New York Mellon Corp (1.50%) and LSV Asset Management (1.24%). 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.

IP stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Franklin Resources Inc., Snow Capital Management LP, LSV Asset Management, Sasco Capital Inc. CT, Pacer Advisors Inc., Janus Henderson Group PLC and Shelton Capital Management. Company insiders that have sold International Paper company stock in the last year include 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.

IP stock was acquired by a variety of institutional investors in the last quarter, including Captrust Financial Advisors, Panagora Asset Management Inc., Hotchkis & Wiley Capital Management LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Exchange Traded Concepts LLC, AustralianSuper Pty Ltd, Geode Capital Management LLC and Triodos Investment Management BV. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of IP stock can currently be purchased for approximately $36.48.

International Paper has a market capitalization of $14.30 billion and generates $22.38 billion in revenue each year. The basic materials company earns $1.23 billion in net income (profit) each year or $4.43 on an earnings per share basis. International Paper employs 51,000 workers across the globe.View Additional Information About International Paper.

The official website for International Paper is http://www.internationalpaper.com/.

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]