NYSE:IPInternational Paper Stock Price, Forecast & News

International Paper's stock was trading at $32.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IP stock has increased by 5.9% and is now trading at $34.14. View which stocks have been most impacted by Coronavirus.

12 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for International Paper.

International Paper is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for International Paper.

International Paper Co (NYSE:IP) posted its quarterly earnings data on Thursday, April, 30th. The basic materials company reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.15. The basic materials company earned $5.35 billion during the quarter, compared to analysts' expectations of $5.32 billion. International Paper had a net margin of 2.99% and a return on equity of 20.98%. The business's revenue was down 5.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.11 EPS. View International Paper's earnings history.

International Paper announced a quarterly dividend on Tuesday, May 12th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.5125 per share on Monday, June 15th. This represents a $2.05 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date is Tuesday, May 26th. View International Paper's dividend history.

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

12 brokerages have issued twelve-month price targets for International Paper's stock. Their forecasts range from $29.00 to $53.00. On average, they anticipate International Paper's stock price to reach $41.50 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View analysts' price targets for International Paper.

Headlines about IP stock have trended negative on Thursday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. 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 media sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about International Paper.

International Paper saw a decrease in short interest in June. As of June 15th, there was short interest totaling 9,790,000 shares, a decrease of 7.3% from the May 31st total of 10,560,000 shares. Based on an average daily volume of 3,840,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 2.5% 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), Schweitzer-Mauduit International (SWM), Neenah (NP), P H Glatfelter (GLT), Clearwater Paper (CLW) and Resolute Forest Products (RFP). View all competitors.

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 a number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%), State of Alaska Department of Revenue (0.06%), DNB Asset Management AS (0.02%), Campbell Capital Management Inc. (0.02%), Old Port Advisors (0.01%) and Home Federal Bank of Tennessee (0.01%). 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 Envestnet Asset Management Inc., DNB Asset Management AS, and Home Federal Bank of Tennessee. Company insiders that have sold International Paper company stock in the last year include Jeanmichel Ribieras, Sharon R Ryan, 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 State of Alaska Department of Revenue, Campbell Capital Management Inc., Town & Country Bank & Trust CO dba First Bankers Trust CO, Old Port Advisors, Clarius Group LLC, and Municipal Employees Retirement System of Michigan. 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 $34.14.

International Paper has a market capitalization of $13.42 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]