International Paper - IP Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last year. There are currently 3 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street equities research 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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8 Wall Street analysts have issued 1 year target prices for International Paper's shares. Their IP share price forecasts range from $27.00 to $50.00. On average, they predict the company's stock price to reach $34.67 in the next twelve months. This suggests that the stock has a possible downside of 9.0%.
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International Paper's stock was trading at $34.63 at the beginning of 2023. Since then, IP stock has increased by 10.0% and is now trading at $38.11.
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International Paper saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 12,640,000 shares, an increase of 23.3% from the December 31st total of 10,250,000 shares. Based on an average trading volume of 3,150,000 shares, the short-interest ratio is currently 4.0 days. Currently, 3.6% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 31st 2023.
View our IP earnings forecast.

International Paper will be holding an earnings conference call on Tuesday, January 31st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-970-0847 with passcode "2572206".

International Paper (NYSE:IP) posted its quarterly earnings data on Wednesday, October, 27th. The basic materials company reported $1.35 earnings per share 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 analyst estimates 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 company's revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the business earned $0.71 EPS.
Read the conference call transcript.

International Paper declared a quarterly dividend on Tuesday, January 10th. Shareholders of record on Friday, February 17th will be given a dividend of $0.4625 per share on Wednesday, March 15th. This represents a $1.85 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date of this dividend is Thursday, February 16th.
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 4.97%. IP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 68.77% 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 of Directors has approved a share repurchase program on Tuesday, October 12th 2021, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 9.2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is 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 investors include Greenhaven Associates Inc. (1.71%), New York State Teachers Retirement System (0.09%), Meyer Handelman Co. (0.08%), National Bank of Canada FI (0.07%), Assenagon Asset Management S.A. (0.06%) and Natixis Advisors L.P. (0.06%). 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, Thomas J Plath, 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 $38.11.

International Paper (NYSE:IP) has a market capitalization of $13.55 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.