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 declared a quarterly dividend on Tuesday, January 14th. Investors 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 4.74%. The ex-dividend date is Thursday, February 20th. View International Paper's Dividend History.

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

International Paper Co (NYSE:IP) issued its quarterly earnings results on Thursday, January, 30th. The basic materials company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.02 by $0.07. The basic materials company earned $5.50 billion during 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 company's revenue was down 7.6% on a year-over-year basis. During the same period in the previous 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 equities research analysts have issued 1 year price targets for International Paper's stock. Their forecasts range from $38.00 to $53.00. On average, they anticipate International Paper's share price to reach $45.36 in the next twelve months. This suggests a possible upside of 4.8% 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.

Headlines about IP stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. International Paper earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for International Paper.

International Paper saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 11,750,000 shares, a decline of 11.9% from the January 15th total of 13,330,000 shares. Based on an average daily volume of 2,640,000 shares, the short-interest ratio is currently 4.5 days. Approximately 3.0% of the company's 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), Neenah (NP), Schweitzer-Mauduit International (SWM), 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 QUALCOMM (QCOM).

International Paper's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 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.

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 $43.27.

International Paper has a market capitalization of $16.97 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 53,000 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]