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 14.9% and is now trading at $37.02.
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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 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.39 by $0.38. The basic materials company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.97 billion. International Paper had a return on equity of 19.18% and a net margin of 2.98%. The business's revenue was down 14.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.15 EPS.
View International Paper's earnings history.

International Paper declared a quarterly dividend on Tuesday, July 14th. Stockholders of record on Friday, August 14th will be given 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 5.54%. The ex-dividend date of this dividend is Thursday, August 13th.
View International Paper's dividend history.

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

15 Wall Street analysts have issued twelve-month price objectives for International Paper's shares. Their forecasts range from $29.00 to $53.00. On average, they expect International Paper's share price to reach $41.92 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price.
View analysts' price targets for International Paper.

News stories about IP stock have been trending extremely negative recently, according to InfoTrie. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. 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 coverage optimism score of -4.1 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
View the latest news about International Paper.

International Paper saw a increase in short interest in February. As of February 15th, there was short interest totaling 12,630,000 shares, an increase of 20.1% from the January 31st total of 10,520,000 shares. Based on an average daily trading volume, of 2,750,000 shares, the days-to-cover ratio is presently 4.6 days. Approximately 3.2% of the company's shares are sold short.
View International Paper's Short Interest.

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), Intel (INTC), Pfizer (PFE), Cisco Systems (CSCO), Verizon Communications (VZ), Exxon Mobil (XOM), Johnson & Johnson (JNJ), CVS Health (CVS), AbbVie (ABBV) and JPMorgan Chase & Co. (JPM).

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 shareholders include Bank of New York Mellon Corp (1.64%), LSV Asset Management (0.73%), Prudential PLC (0.69%), Sumitomo Mitsui Trust Holdings Inc. (0.45%), Swiss National Bank (0.37%) and Conning Inc. (0.25%). 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 LSV Asset Management, Cibc World Markets Corp, First Trust Advisors LP, Ensign Peak Advisors Inc, US Bancorp DE, HighTower Advisors LLC, Financial Counselors Inc., and Prudential Financial Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Prudential PLC, Mn Services Vermogensbeheer B.V., Victory Capital Management Inc., Robeco Institutional Asset Management B.V., Assenagon Asset Management S.A., AJO LP, Russell Investments Group Ltd., and Bank of Nova Scotia. 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 $37.02.

International Paper has a market capitalization of $14.55 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]