NYSE:IPInternational Paper Stock Price, Forecast & News

International Paper's stock was trading at $32.23 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IP stock has increased by 9.3% and is now trading at $35.24.
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15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last year. There are currently 3 sell ratings, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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International Paper is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for International Paper.

International Paper Co (NYSE:IP) issued its earnings results on Thursday, July, 30th. The basic materials company reported $0.77 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.38. The basic materials company earned $4.87 billion during the quarter, compared to analyst estimates of $4.97 billion. International Paper had a net margin of 2.98% and a return on equity of 19.18%. The business's revenue for the quarter was down 14.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.15 EPS.
View International Paper's earnings history.

International Paper announced a quarterly dividend on Tuesday, July 14th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.5125 per share on Tuesday, September 15th. This represents a $2.05 dividend on an annualized basis and a dividend yield of 5.82%. The ex-dividend date is Thursday, August 13th.
View International Paper's dividend history.

International Paper declared that its board has approved a share buyback program on Tuesday, October 9th 2018, which permits the company to repurchase $430,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

15 analysts have issued 12-month price targets for International Paper's stock. Their forecasts range from $29.00 to $53.00. On average, they expect International Paper's stock price to reach $41.92 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
View analysts' price targets for International Paper.

News headlines about IP stock have been trending negative recently, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. International Paper earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.
View the latest news about International Paper.

International Paper saw a drop in short interest in the month of July. As of July 15th, there was short interest totaling 11,750,000 shares, a drop of 6.6% from the June 30th total of 12,580,000 shares. Based on an average daily volume of 2,960,000 shares, the short-interest ratio is presently 4.0 days. Currently, 3.0% of the shares of the stock 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).
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Based on aggregate information from My MarketBeat watchlists, some companies that other International Paper investors own include AT&T (T), Verizon Communications (VZ), Intel (INTC), Pfizer (PFE), Cisco Systems (CSCO), Exxon Mobil (XOM), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Bank of America (BAC) and CVS Health (CVS).

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 investors include Prudential PLC (0.69%), Sumitomo Mitsui Trust Holdings Inc. (0.45%), Robeco Institutional Asset Management B.V. (0.17%), Royal London Asset Management Ltd. (0.13%), First Trust Advisors LP (0.10%) and OLD National Bancorp IN (0.09%). Company insiders that own International Paper stock include Gregory T Wanta, Jeanmichel Ribieras, John V Sims, Ray G Young, Sharon R Ryan, Thomas J Plath, Timothy S Nicholls, Vincent P Bonnot, W Michael Jr Amick and William Thomas Hamic.
View institutional ownership trends for International Paper.

IP stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Pinnacle Financial Partners Inc., Envestnet Asset Management Inc., Westbourne Investment Advisors Inc., Stratos Wealth Partners LTD., Raymond James Financial Services Advisors Inc., Comerica Bank, and IFM Investors Pty Ltd. Company insiders that have sold International Paper company stock in the last year include Jeanmichel Ribieras, Timothy S Nicholls, W Michael Jr Amick, and William Thomas Hamic.
View insider buying and selling activity for International Paper.

IP stock was purchased by a variety of institutional investors in the last quarter, including Prudential PLC, Mn Services Vermogensbeheer B.V., Robeco Institutional Asset Management B.V., Assenagon Asset Management S.A., State of Alaska Department of Revenue, DDD Partners LLC, Sumitomo Mitsui Trust Holdings Inc., and Dupont Capital Management Corp. Company insiders that have bought International Paper stock in the last two years include Ray G Young, and Vincent P Bonnot.
View insider buying and selling activity 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 $35.24.

International Paper has a market capitalization of $13.85 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.

The official website for International Paper is 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]