International Paper - IP Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for International Paper in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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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9 brokers have issued 1-year price objectives for International Paper's stock. Their IP share price forecasts range from $27.00 to $50.00. On average, they anticipate the company's share price to reach $38.82 in the next twelve months. This suggests that the stock has a possible downside of 6.1%.
View analysts price targets for IP or view top-rated stocks among Wall Street analysts.

International Paper's stock was trading at $34.63 on January 1st, 2023. Since then, IP shares have increased by 19.4% and is now trading at $41.36.
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International Paper saw a increase in short interest in 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 daily volume of 3,150,000 shares, the short-interest ratio is presently 4.0 days. Currently, 3.6% of the shares of the stock are sold short.
View International Paper's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our IP earnings forecast.

International Paper (NYSE:IP) issued its quarterly earnings data on Tuesday, January, 31st. The basic materials company reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.18. The basic materials company had revenue of $5.13 billion for the quarter, compared to analyst estimates of $5.20 billion. International Paper had a net margin of 7.11% and a trailing twelve-month return on equity of 15.81%. The business's revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.78 earnings per share.
Read the conference call transcript.

International Paper announced a quarterly dividend on Tuesday, January 10th. Stockholders of record on Friday, February 17th will be paid a dividend of $0.4625 per share on Wednesday, March 15th. This represents a $1.85 annualized dividend and a yield of 4.47%. The ex-dividend date 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 4.47%. IP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IP will have a dividend payout ratio of 67.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IP.

International Paper declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, October 12th 2021, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 9.2% of its shares through open market purchases. Shares repurchase plans are generally an indication 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 a number of retail and institutional investors. Top institutional shareholders include Greenhaven Associates Inc. (1.71%), Sumitomo Mitsui Trust Holdings Inc. (0.35%), New York State Common Retirement Fund (0.16%), AE Wealth Management LLC (0.15%), DekaBank Deutsche Girozentrale (0.12%) and Bank of Montreal Can (0.10%). 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 $41.36.

International Paper (NYSE:IP) has a market capitalization of $14.71 billion and generates $21.16 billion in revenue each year. The basic materials company earns $1.50 billion in net income (profit) each year or $4.07 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.